September 2026
Largest Health Data & Analytics Public Companies in Japan
Benchmark revenue and EBITDA valuation multiples for public comps like
JMDC, Data Horizon, Emimen, MRT and MRSO.
 | JMDC Inc is engaged in constructing and providing a medical database, offering PHR and other health promotion services, telemedicine such as diagnostic imaging, and providing digital solutions to dispensing pharmacies. | $23 | -25% | $1.5B | $1.6B | 5.0x | 18.4x | ||
| Data Horizon Co Ltd is engaged in development and provision of medical information services, data health related services, generic drug notification services, and health business support system. | $5 | +33% | $58M | $71M | 2.2x | 15.9x | ||
| Emimen Co Ltd is engaged in the business of senior home introduction services and senior home management consulting. It is a professional in selecting senior homes, providing paid nursing homes with nursing care, residential-type paid nursing homes, and elderly care homes with services, depending on the thoughts and circumstances of the caregiving family. It helps to find a suitable place to live from among a wide variety of options, including residential housing and group homes. | $5 | -20% | $22M | $21M | 1.7x | 26.6x | ||
| MRT Inc engages in the business of medical personnel placement services through the Internet. It provides part-time and full-time physician referral services through the physician referral site, as well as part-time job referral, job change introduction services to nurses, pharmacists, clinical laboratory technicians, clinical engineers, and radiologists. Further, the company engages in the research and development of analytical and analytical methods for various biological samples, such as microorganisms, blood, proteins, and genes; and research and development, manufacture, and sale of medical and medical examination equipment, and analytical instruments. | $4 | -- | $20M | $12M | 0.5x | 5.6x | ||
| MRSO Inc operates a healthcare platform and provides vertical SaaS solutions for medical institutions, government entities, and corporations. The company offers a preventive medical platform that enables reservations for medical checkups and various cancer screenings. It also provides administrative DX services that support tasks carried out by local governments, including the acceptance of reservations for resident health checkups and vaccinations. These administrative DX services are used by local governments across regions with varying population sizes. | $5 | -26% | $19M | $8M | 1.2x | (39.8x) | ||
| Median | $5 | -22% | $22M | $21M | 1.7x | 15.9x |
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