# Ship Healthcare Holdings vs M3

> Unit: JPY millions (ratios in %)
> Periods: Ship Healthcare Holdings = FY ending Mar 2026, consolidated, J-GAAP / M3 = FY ending Mar 2026, consolidated, IFRS
> Retrieved: 2026-09-30T21:19:46.021Z

| Metric | Ship Healthcare Holdings | M3 |
| --- | ---: | ---: |
| Revenue | 718,163 | 351,363 |
| Operating income | 24,482 | 73,547 |
| Net income | 13,394 | 49,100 |
| COGS ratio | 90.7% | 50.0% |
| Operating margin | 3.4% | 20.9% |
| Net margin | 1.9% | 14.0% |
| FCF margin | 2.4% | 16.6% |
| Period | FY ending Mar 2026 | FY ending Mar 2026 |
| Source | S100YJZ3 | S100YJ25 |

## Five-axis industry profile

Each axis shows a rank within that company's primary industry, so peer groups may differ. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

| Axis | Ship Healthcare Holdings | M3 |
| --- | ---: | ---: |
| Revenue growth | 70.7 (179 peers) | 53.6 (14 peers) |
| Profitability | 61.4 (185 peers) | 69.4 (18 peers) |
| Cash conversion | 43.9 (179 peers) | 79.4 (17 peers) |
| Efficiency | 67.3 (185 peers) | 25 (18 peers) |
| Financial strength | — | — |

## Company details

- https://vizora.meequs.com/en/company/ship-healthcare-holdings/md
- https://vizora.meequs.com/en/company/m3/md

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).