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Tokai Corp.

TOKAI Corp. provides healthy life services in Japan through its Healthcare, Pharmacy, and Environmental segments. The company's healthcare operations include hospital bedding and white coat rental, linen supply, nursing assistance, and in-hospital logistics management. It also rents and sells nursing care products, offers home renovation under the nursing care insurance system, operates the Mich Health Forest day service facility, manufactures dry cleaning finishing machinery, provides meal services, and runs a water delivery business under the Aqua Clara brand. In addition, it operates Tanpopo Pharmacy and the Drugmix drugstore chain, rents environmental beautification products under the Lea Skin brand, provides cleaning and management of hospital buildings, engages in solar business, and produces business reports, surveys, and booklets. TOKAI Corp. was incorporated in 1955 and is headquartered in Gifu, Japan.

Price · split & dividend adjusted
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Tokai to Inherit Welfare Equipment Business via Company Split

Tokai announced on the 7th that, with an effective date of November 1, 2026, it will inherit the welfare equipment rental, sales, and home renovation businesses of K-WORKER and Araki Marine through a company split. K-WORKER and Araki Marine will be the splitting companies, and Tokai will be the succeeding company in an absorption-type split, with consideration of 120 million yen to K-WORKER and 186 million yen to Araki Marine. Tokai operates businesses supporting in-home care and currently has a total of 104 business locations across the Tohoku, Kanto, Chubu, Kansai, Chugoku, Shikoku, and Kyushu regions as the Tokai Group. Meanwhile, K-WORKER operates similar businesses within Tokyo, and Araki Marine within Kumamoto Prefecture. Through this inheritance, Tokai aims to expand its customer base and increase market share.
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