SBC Medical Group Holdings (SBC) investor relations material

Business model and operations

• Operates as a Medical Services Organization, centrally managing marketing, procurement, technology, hiring, and training for clinics, enabling scalability and growth alongside clinic expansion.

• Portfolio includes multiple brands across beauty and general healthcare, such as hair loss, fertility, orthopedics, eye care, and dental services, serving 6.7 million customers annually through 284 clinics.

• Multi-brand strategy and data-driven approach foster long-term patient relationships and create a significant competitive moat built over 26 years.

Financial performance and underlying growth

• Q1 2026 revenue was JPY 43 million, a 9% year-over-year decline due to a fee structure revision, which reduced franchising and management service revenues.

• Net income declined year-over-year, partly due to a prior one-time life insurance gain; underlying revenue and EBITDA grew 11% and 17% year-over-year, respectively, when adjusted for structural changes.

Strategic initiatives and growth drivers

• Focused on longevity through both aesthetic and general medical services, with the launch of SBC Wellness and upcoming SBC Wellness 2.0 targeting corporate clients.

• Leveraging 26 years of expertise, a large clinic network, and extensive patient data to lead the emerging longevity market, especially via corporate channels.

• Expanding operational capabilities from aesthetic medicine into broader healthcare categories, applying standardized management and dual cash/insurance models.