NewsOctober 2, 2023
PHC Group Completes Acquisition of FUJIFILM Healthcare Systems’ Electronic Medical Record and Medical-Receipt Systems Business
— New Company “Wemex Healthcare Systems” Begins Operations Comprising Acquired businesses ―
PHC Holdings Corporation (headquarters: Minato-ku, Tokyo, Japan, President, Representative Director and CEO: Shoji Miyazaki, hereafter PHCHD) announces that its subsidiary Wemex Corporation (headquarters: Shibuya-ku, Tokyo, President, Representative Director: Takayuki Otsuka, hereafter Wemex) has completed the acquisition*1 of the business related to electronic medical record and medical-receipt systems from FUJIFILM Healthcare Systems Corporation (headquarters: Shinagawa-ku, Tokyo, President, Representative Director: Junji Obara, hereafter FUJIFILM Healthcare Systems). The acquisition was announced in March 2023.
FUJIFILM Healthcare Corporation (headquarters: Minato-ku, Tokyo, President, Representative Director: Akio Yamamoto), the parent company of FUJIFILM Healthcare Systems, spun off the business related to electronic medical record and medical-receipt systems and Wemex has acquired all shares of this new company through a share purchase agreement. The company will now operate as Wemex Healthcare Systems Corporation (hereafter Wemex Healthcare Systems), a subsidiary of Wemex, and focus on developing, selling, and providing maintenance services related to electronic medical record systems, medical-receipt systems, and electronic medication history systems in Japan. The customers for these systems include medical institutions, pharmacies, and dental clinics.
Wemex is known for its high market shares in Japan in electronic medical record and medical-receipt systems for clinics and electronic medication history systems for pharmacies, with more than 40,000 users in total. Wemex Healthcare Systems has a strong customer presence in its receipt checking services. Now Wemex and its new subsidiary will complement each other in leading the healthcare IT industry with this combined customer base.
Shoji Miyazaki, President, Representative Director and CEO of PHCHD, said, “We are very excited to welcome Wemex Healthcare Systems to PHC Group. This April, we established Wemex*2 as one of our milestones in our mid-term plan, or Value Creation Plan (FY22-25).*3 Wemex is well positioned to drive our growth area of Digital Health Solutions. We will seek to increase data touchpoints for healthcare providers through collaboration in medical information management systems, and contribute to the efficiency and cost-effectiveness of healthcare.”
*1 Press release regarding the agreement of acquire businesses related to electronic medical record systems and medical-receipt computers: www.phchd.com/global/news/2023/0331
*3 Mid-term plan (FY22-25) that PHCHD announced: www.phchd.com/global/about/vcp
About PHC Holdings Corporation (PHC Group)
PHC Holdings Corporation (TSE 6523) is a global healthcare company with a mission of contributing to the health of society through healthcare solutions that have a positive impact and improve the lives of people. Its subsidiaries include PHC Corporation, Ascensia Diabetes Care Holdings AG, Epredia Holdings Ltd., Wemex Corporation, and LSI Medience Corporation. Together, these companies develop, manufacture, sell and service solutions across diabetes management, healthcare solutions, diagnostics and life sciences. The consolidated net sales in FY2022 were JPY 356.4 billion with global distribution of products and services in more than 125 countries and regions. PHC Group is a collective term referring to PHC Holdings Corporation and its subsidiaries.
About Wemex Corporation
Wemex Corporation is dedicated to providing healthcare IT products and services that promote the digital transformation of healthcare. It is a Japanese subsidiary of PHC Holdings Corporation (TSE 6523), a healthcare company that delivers solutions around the world. Wemex started operations as a new company in April 2023, providing one-stop solutions from planning and development to sales. Along with Medicom brand medical-receipt and electronic medical record systems, Wemex offers solutions, including pharmacy management, healthy lifestyle guidance, and telemedicine systems in Japan. Wemex’s goal is to improve healthcare services for patients and efficiency for healthcare professionals.
URL: www.wemex.com (Japanese only)
Location: 14F NBF Shibuya Garden Front, 3-25-18 Shibuya, Shibuya-ku, Tokyo
Representative: President, Representative Director, Takayuki Otsuka
About Wemex Healthcare Systems Corporation
Wemex Healthcare Systems Corporation is a subsidiary of Wemex Corporation, a provider of healthcare IT products and services. The company started operations on October 2, 2023, acquiring the business related to electronic medical record and medical-receipt systems from FUJIFILM Healthcare Systems Corporation. It offers healthcare IT solutions, including electronic medical record and medical-receipt systems, receipt checks systems, and electronic medication history systems for medical institutions, pharmacies, and dental clinics.
URL: www.hs.wemex.com (Japanese only)