M3 KK

2413

Equity

ISIN JP3435750009 / Valor 1929657

Tokyo Stock Exchange (2024-09-12)

JPY 1,349.50+3.17%

M3 KK
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About company

M3 KK, a prominent entity in the healthcare sector, has distinguished itself by being the first company incorporated after the year 2000 to join the prestigious Nikkei 225 Index. With a substantial network comprising over 330,000 Japanese and more than 6.5 million global physician members, M3 operates at the forefront of healthcare innovation and reform on a worldwide scale. The company leverages this extensive panel of medical professionals to facilitate advancements in healthcare practices, technologies, and services. While the source does not delve into specific products or services, M3's significant engagement with such a large community of healthcare providers underscores its pivotal role in shaping future healthcare landscapes through collaboration, research, and the dissemination of medical knowledge across global boundaries.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

M3 KK reported a revenue of 64,209 million yen for the three months ended June 30, 2024, marking an 11.9% increase compared to the same period in 2023. This growth reflects the company's successful expansion and increased demand for its services.

Operating Profit Decline

Despite the revenue growth, M3 KK's operating profit for Q1 2024 decreased by 6.1% year-on-year, amounting to 16,899 million yen. This decline indicates higher operational costs or investments that impacted the profitability for the quarter.

Profit Before Tax

For the first quarter of 2024, M3 KK's profit before tax was 18,784 million yen, a 5.3% decrease from the previous year's 19,831 million yen. This reduction suggests challenges in maintaining pre-tax profitability despite increased revenues.

Net Profit

M3 KK's net profit attributable to owners of the parent for the three months ended June 30, 2024, was 12,750 million yen, down 5.9% from 13,554 million yen in the same period of 2023. This decline in net profit highlights the impact of increased expenses or other financial factors on the bottom line.

Dividends

M3 KK has announced that the dividend forecast for the fiscal year ending March 31, 2025, is currently undetermined. The company plans to decide on the dividend payments after considering capital needs and cash flow conditions in the future.

Summarized from source with an LLMView Source

Key figures

-51.8%1Y

-83.5%3Y

-43.7%5Y

Performance

40.9%1Y

41.6%3Y

41.3%5Y

Volatility