Hogy
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Hogy - overview
Established
1961
Location
Tokyo, -, Japan
Primary Industry
Medical Devices & Equipment
About
Founded in 1961 and based in Tokyo, Japan, Hogy Medical Co. , Ltd. ,d b. a.
Hogy, manufactures medical supplies and devices, provides sterilization, kit assembly, and delivery services to healthcare providers, and continues operations in healthcare safety without structural changes or disclosed parent or subsidiary entities reported. In March 2026, Carlyle Group acquired 18 million shares of Hogy Medical Co. , Ltd. at JPY 6,700 apiece for JPY 126 billion, in a PIPE transaction, as part of a two-step take‑private process.
Hogy Medical Co. , Ltd. specializes in manufacturing high-quality medical and healthcare products designed for both general consumers and healthcare professionals. The company’s core offerings include premium masks that are widely utilized by medical practitioners, sterilization supplies, non-woven surgical products, and a range of re-manufactured single-use medical devices (R-SUD).
Their flagship products, such as the Premium Kit® and specialized surgical supplies, aim to enhance safety and efficiency in medical environments while addressing the increasing demand for personal protective equipment (PPE) in both hospital and home settings. Hogy Medical primarily serves hospitals and healthcare providers, ensuring that their products meet stringent safety and efficacy standards. The company markets its products primarily in Japan, with a growing interest in expanding its reach to other Asian markets. In 2023, Hogy Medical Co.
, Ltd. reported a revenue of USD 288. 49 mn and an EBITDA of USD 75. 87 mn.
The company generates revenue through a combination of direct sales and partnerships with healthcare facilities and distributors, selling medical supplies and equipment directly to hospitals, clinics, and healthcare providers. They also engage in business-to-business (B2B) relationships, supplying products to wholesalers and retailers for broader distribution. Pricing structures for various products are set according to market standards and the demand for specialized medical equipment. As of March 2026, company plans to expand surgical kit offerings, increase sterilization capacity, improve production automation, strengthen hospital integration, and pursue sales through subsidiaries.
Current Investors
Carlyle Group
Primary Industry
Medical Devices & Equipment
Sub Industries
Medical Supplies
Website
www.hogy.co.jp
Verticals
Manufacturing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Hogy - timeline of key events

Hogy - financials
| Fiscal Year Ended | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 36,859,000,000 | 36,918,000,000 | 36,658,000,000 | 37,232,000,000 | 36,504,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | 0.2% | (0.7%) | 1.6% | (2.0%) | - | - | - |
| EBITDA (USD) | 11,852,000,000 | 11,508,000,000 | 10,013,000,000 | 10,590,000,000 | 10,181,000,000 | - | - | - |
| Operating Income (USD) | 7,443,000,000 | 5,273,000,000 | 4,382,000,000 | 5,307,000,000 | 5,632,000,000 | - | - | - |
| Operating Margin | 20.2% | 14.3% | 12.0% | 14.3% | 15.4% | - | - | - |
| % EBITDA Margin | 32.2% | 31.2% | 27.3% | 28.4% | 27.9% | - | - | - |
| NET Income (USD) | 5,786,000,000 | 5,262,000,000 | 6,043,000,000 | 5,489,000,000 | 4,928,000,000 | - | - | - |
| % Net Margin | 15.7% | 14.3% | 16.5% | 14.7% | 13.5% | - | - | - |
Hogy - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Public to Private | Announced | Hogy | - | ||||||||
| PIPE | Completed | Hogy | - |
Displaying 1 - 2 of 2
Hogy - employee data


Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.