Prices as of 2026/10/30 close
Company comparison · Pharmaceutical & Medical Distribution
Medipal is the largest by revenue at ¥3.8T, followed by Alfresa (¥3.1T), Ship Healthcare (¥718.2B) and AS ONE (¥110.7B).
AS ONE has the highest operating margin at 11.6%, 10.4 points above the lowest, Alfresa (1.2%).
Revenue growth in the latest results: AS ONE +6.7%, Ship Healthcare +5.9%, Alfresa +4.8%, Medipal +4.0%. For next year, Ship Healthcare guides for the fastest operating profit growth (+6.2%).
Alfresa pays the most on average (¥8.39M), ¥1.26M more than AS ONE (¥7.12M).
Over the past year the shares moved Medipal +37.9%, Alfresa +16.4%, Ship Healthcare +11.5%, AS ONE +3.4%.
Head-to-head wins17 metrics
One win per metric for the company with the best value. Metrics with no better or worse (P/E, average age, employees) are excluded.
ScaleInvestors
Medipal aheadMedipal 3 : Alfresa 0 : Ship Healthcare 0 : AS ONE 0
Revenue: Medipal ¥3.8T / Alfresa ¥3.1T / Ship Healthcare ¥718.2B / AS ONE ¥110.7B
ProfitabilityInvestors
AS ONE aheadMedipal 0 : Alfresa 1 : Ship Healthcare 0 : AS ONE 3
Operating margin: Medipal 1.4% / Alfresa 1.2% / Ship Healthcare 3.4% / AS ONE 11.6%
GrowthInvestors
AS ONE aheadMedipal 0 : Alfresa 0 : Ship Healthcare 2 : AS ONE 3
Revenue growth (YoY): Medipal +4.0% / Alfresa +4.8% / Ship Healthcare +5.9% / AS ONE +6.7%
Stock & balance sheetInvestors
Medipal aheadMedipal 2 : Alfresa 0 : Ship Healthcare 0 : AS ONE 1
Share price, 1 year: Medipal +37.9% / Alfresa +16.4% / Ship Healthcare +11.5% / AS ONE +3.4%
Pay & workforceJob seekers
EvenMedipal 1 : Alfresa 1 : Ship Healthcare 0 : AS ONE 0
Average salary: Medipal ¥8.14M / Alfresa ¥8.39M / AS ONE ¥7.12M
| Metric | Medipal | Alfresa | Ship Healthcare | AS ONE |
|---|---|---|---|---|
| Revenue | ◎¥3.8T | ¥3.1T | ¥718.2B | ¥110.7B |
| Operating profit | ◎¥53.2B | ¥36.2B | ¥24.5B | ¥12.8B |
| Net income | ◎¥42.5B | ¥41.7B | ¥13.4B | ¥9.2B |
| Metric | Medipal | Alfresa | Ship Healthcare | AS ONE |
|---|---|---|---|---|
| Operating margin | 1.4% | 1.2% | 3.4% | ◎11.6% |
| Net margin | 1.1% | 1.3% | 1.9% | ◎8.3% |
| ROE | — | 8.4% | — | ◎13.3% |
| Revenue per employee | ¥20.6B | ◎¥46.3B | — | ¥192M |
| Metric | Medipal | Alfresa | Ship Healthcare | AS ONE |
|---|---|---|---|---|
| Revenue growth (YoY) | +4.0% | +4.8% | +5.9% | ◎+6.7% |
| Operating profit growth (YoY) | −4.4% | −5.0% | −1.2% | ◎+10.7% |
| Revenue CAGRlast 5 years | +3.5% | — | ◎+7.6% | — |
| Guidance: revenue growthnext FY plan | +3.3% | +1.3% | +3.0% | ◎+6.5% |
| Guidance: op. profit growthnext FY plan | +3.4% | −6.3% | ◎+6.2% | +0.5% |
| Metric | Medipal | Alfresa | Ship Healthcare | AS ONE |
|---|---|---|---|---|
| Share price, 1 year | ◎+37.9% | +16.4% | +11.5% | +3.4% |
| Share price, 3 months | ◎+14.6% | +3.4% | −2.0% | −0.1% |
| P/E (trailing)lower = cheaper | — | 10.8x | — | 20.1x |
| Equity ratio | — | 33.7% | — | ◎69.5% |
| Share price (close) | ¥3,441 | ¥2,469 | ¥2,531.5 | ¥2,576 |
◎ marks the best value for each metric. Revenue and profit are from the latest full-year earnings release; share prices are closing-price references; P/E = latest close ÷ trailing EPS. For banks and some other financials, revenue means ordinary income.
| Metric | Medipal | Alfresa | Ship Healthcare | AS ONE |
|---|---|---|---|---|
| Average salary | ¥8.14M | ◎¥8.39M | — | ¥7.12M |
| Starting salary (monthly) | — | — | — | ¥280,000 |
| Average tenure | ◎19.8 yrs | 14.0 yrs | 9.3 yrs | 11.3 yrs |
| Average age | 48.6 | 46.6 | 42.9 | 38.1 |
| Employees | 185 | 67 | 22 | 576 |
Average salary is for the reporting (parent) company and is affected by average age and job mix. Holding companies with few employees are left out of the salary comparison.
Close (Oct 30, 2026)
¥3,441+37.9% (1Y)
Medipal +37.9% over 1Y. Compared: Alfresa +16.4%, Ship Healthcare +11.5%, AS ONE +3.4%.
Reference chart of daily closing prices, not real-time quotes (split-adjusted; weekly closes before the last year). Each line shows the % change from the start of the period. Updated Oct 30, 2026.
Medipal3 segments
Alfresa4 segments
Ship Healthcare4 segments
AS ONE1 segments
AAverage annual salary from the securities filings: Alfresa ¥8.39M, Medipal ¥8.14M, AS ONE ¥7.12M. Alfresa pays the most. Averages also depend on staff age and job mix, so check the average age too (Medipal 48.6, Alfresa 46.6, Ship Healthcare 42.9, AS ONE 38.1).
ARevenue in the latest results: Medipal ¥3.8T, Alfresa ¥3.1T, Ship Healthcare ¥718.2B, AS ONE ¥110.7B. Medipal is the largest by revenue at ¥3.8T, followed by Alfresa (¥3.1T), Ship Healthcare (¥718.2B) and AS ONE (¥110.7B).
AOperating margins: AS ONE 11.6%, Ship Healthcare 3.4%, Medipal 1.4%, Alfresa 1.2%. AS ONE turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): Medipal +37.9%, Alfresa +16.4%, Ship Healthcare +11.5%, AS ONE +3.4%. Medipal has risen the most.
Comparing 4 companies (up to 4)
Sources: earnings releases (kessan tanshin), annual securities reports and other public information. Share prices are closing-price references, not real-time. Our data may contain errors; investment decisions are your own responsibility.
