Added to YB: 2026-08-17
Pitch date: 2026-08-14
5592.T [bullish]
Kusurinomadoguchi, Inc.
Author Info
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Company Info
Kusurinomadoguchi, Inc. provides solutions for pharmacies and medical care in Japan. The company offers EPARK drug counter, a pharmacy/drugstore search and reservation site; matching site to buy and sell dead stock medicines at dispensing pharmacies; site for medicine counter telephone medical treatment; Care Daisy system to link recording systems and ICT devices; solution for purchasing pharmaceuticals; and system that allows for centralized management of outpatient reception, outpatient reservations, and online medical treatment.
Market Cap
JPY 33.0B
Pitch Price
N/A
Price Target
4.0K (+60%)
Dividend
N/A
EV/EBITDA
7.30
P/E
11.10
EV/Sales
2.49
Sector
Health Care Technology
Category
value
Japan's Dominant Pharmacy Platform: 15%+ Recurring Revenue Growth at 8× EV/EBIT - $5592.T
5592.T (new position): Japan's largest online pharmacy reservation platform (~40% of dispensing pharmacies) at 8.3x EV/EBIT. 17% rev CAGR, 34% EBIT CAGR over 4yrs. Forced NBSE fund selling created ~40% discount to peers; Hikari Tsushin bought at ¥4000 vs ¥2350 now. Underlying recurring rev +14%. Bull: media/procurement reaccel + rerate = 90% upside. Bear: high op leverage, no deep moat, ~40% drawdown risk. Smaller position.
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