M3's earnings have been declining at an average annual rate of -5.1%, while the Healthcare Services industry saw earnings growing at 22.9% annually. Revenues have been growing at an average rate of 12.7% per year. M3's return on equity is 12.1%, and it has net margins of 14%.
Key information
-5.10%
Earnings growth rate
-5.09%
EPS growth rate
Healthcare Services Industry Growth
1.72%
Revenue growth rate
12.71%
Return on equity
12.10%
Net Margin
13.97%
Last Earnings Update
31 Mar 2026
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How M3 makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
OTCPK:MTHR.F Revenue, expenses and earnings (JPY Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Mar 26
351,363
49,100
105,740
0
31 Dec 25
343,774
49,590
94,225
0
30 Sep 25
330,966
45,901
91,882
0
30 Jun 25
306,891
41,076
87,169
0
31 Mar 25
284,900
40,484
82,371
0
31 Dec 24
265,215
41,201
80,052
0
30 Sep 24
247,907
39,159
74,417
0
30 Jun 24
245,696
44,105
71,217
0
31 Mar 24
238,883
45,271
67,647
0
31 Dec 23
234,852
46,363
66,679
0
30 Sep 23
233,997
48,374
64,216
0
30 Jun 23
231,218
49,315
61,685
0
31 Mar 23
230,818
49,028
58,989
0
31 Dec 22
229,145
46,955
58,043
0
30 Sep 22
223,128
47,117
55,378
0
30 Jun 22
218,752
60,203
53,083
0
31 Mar 22
208,159
63,845
51,141
0
31 Dec 21
199,617
67,280
48,151
0
30 Sep 21
191,823
63,900
46,617
0
30 Jun 21
180,123
47,124
43,793
0
31 Mar 21
169,198
37,822
40,906
0
31 Dec 20
158,404
31,760
36,553
0
30 Sep 20
144,450
26,520
35,369
0
30 Jun 20
135,685
23,190
35,158
0
31 Mar 20
130,973
21,635
35,572
0
31 Dec 19
125,704
21,589
40,744
0
30 Sep 19
121,329
20,887
39,102
0
30 Jun 19
116,927
19,865
37,249
0
31 Mar 19
113,059
19,577
35,096
0
31 Dec 18
109,585
19,532
33,192
0
30 Sep 18
104,897
19,796
30,837
0
30 Jun 18
99,495
19,580
28,471
0
31 Mar 18
94,471
19,684
26,320
0
31 Dec 17
90,402
18,934
24,863
0
30 Sep 17
86,118
17,830
23,940
0
30 Jun 17
81,960
17,303
22,784
0
31 Mar 17
78,143
16,004
21,669
0
31 Dec 16
73,570
14,871
20,459
0
30 Sep 16
69,009
13,526
19,407
0
30 Jun 16
67,189
12,953
18,548
0
31 Mar 16
64,660
12,508
17,844
0
31 Dec 15
60,288
11,664
17,206
0
30 Sep 15
57,241
10,874
16,462
0
30 Jun 15
54,598
10,486
15,881
0
Quality Earnings: MTHR.F has high quality earnings.
Growing Profit Margin: MTHR.F's current net profit margins (14%) are lower than last year (14.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MTHR.F's earnings have declined by 5.1% per year over the past 5 years.
Accelerating Growth: MTHR.F's earnings growth over the past year (21.3%) exceeds its 5-year average (-5.1% per year).
Earnings vs Industry: MTHR.F earnings growth over the past year (21.3%) exceeded the Healthcare Services industry 4.2%.
Return on Equity
High ROE: MTHR.F's Return on Equity (12.1%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/05/31 14:56
End of Day Share Price
2026/05/15 00:00
Earnings
2026/03/31
Annual Earnings
2026/03/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
M3, Inc. is covered by 21 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.