Japan Lifeline reports FY net profit rises to Y9.35 billion

3 articles · Updated · MarketWatch · May 7

For the year ended 31 March, revenue rose to Y59.19 billion from Y56.61 billion and operating profit increased to Y12.61 billion from Y12.33 billion.
Pretax profit edged up to Y12.59 billion from Y12.34 billion, while earnings per share improved to Y133.30 from Y131.43.
The medical device company said the results were prepared under Japanese accounting standards, with diluted earnings per share at Y133.28.

As Japanese hospitals face deficits, how can a MedTech firm's profits grow when its main customers are financially strained?

Japan Lifeline has advanced devices, but who will use them amid a severe shortage of specialized doctors?