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SMS Japan

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Building an information infrastructure regarding nursing care, healthcare and senior care markets

Tokyo, JapanFounded 2003Health Tech & Medtech
Valuation $1.64B Market cap · 2026
Revenue $100–500M Latest reported FY
EBITDA $103M Latest reported FY

About SMS Japan

SMS Co., Ltd. operates as a strategic information infrastructure provider focused on the challenges and opportunities within aging societies. Founded on April 4, 2003, by Shuhei Morofuji and his partners, the company was established to address the information gaps in Japan's burgeoning elderly care sector. Morofuji, an alumnus of Kyushu University's Faculty of Economics, was motivated by the economic instability he observed during his university years, which saw large, established companies failing. This led him to identify the elder care industry as a small but high-growth area, choosing to build a business in a less competitive field with future potential.

The company's business model is centered on providing information-based services across several key domains: Elderly/Disability Care, Medical Care, Career, and Healthcare/Senior Life. A significant portion of its operations involves providing human resources services, including staffing and recruitment advertising for healthcare and nursing professionals such as nurses, care managers, and therapists. For business operators like hospitals and nursing homes, SMS offers management support platforms, such as "Kaipoke," which provides comprehensive business support services. The company generates revenue through these staffing services, management platform subscriptions, and job advertising fees.

Beyond its domestic market, SMS has expanded its footprint internationally, operating in 17 countries and regions, primarily in Asia and Oceania. The overseas segment focuses on a Medical Platform business, which supports marketing for pharmaceutical companies and medical device manufacturers, and a Global Career business. The company's growth has been consistent, achieving consecutive years of revenue increases. A major milestone was its listing on the First Section of the Tokyo Stock Exchange in 2011, which Morofuji led as CEO for 11 years before stepping down to establish Reapra Group in Singapore. The current President and CEO is Natsuki Goto.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2003
Headquarters
Tokyo, Japan
Listing
IPO 2008
Sector
Health Tech & Medtech
Power Law
Unicorn$1–10B valuation tierThoroughbred$100M+ revenue

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A5 investors entered at this stage

  • Resona Capital
  • Japan Asia Investment
  • JAFCO
  • Mizuho Capital
  • Mizuho Securities
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇯🇵 Japan88.2%
🇨🇳 China5.9%
🇮🇩 Indonesia2%
🇺🇸 United States2%
🇲🇲 Myanmar2%
5 countries shown

Patents

Estimated portfolio value
$12M

48 active patent families included in this estimate.

A patent family groups patent filings for the same invention. Source: Dealroom · PatSnap.

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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about SMS Japan on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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