MEDIROM Healthcare Technologies Inc. (MRM)
NASDAQ: MRM · Real-Time Price · USD
1.222
+0.222 (22.18%)
At close: Dec 20, 2024, 4:00 PM
1.200
-0.022 (-1.78%)
After-hours: Dec 20, 2024, 6:33 PM EST

Company Description

MEDIROM Healthcare Technologies Inc., together with its subsidiaries, provides holistic health services in Japan.

It operates in three segments: Relaxation Salon, Digital Preventative Healthcare, and Luxury Beauty. The Relaxation Salon segment owns, develops, operates, franchises, and supports relaxation salons, which provide finger-pressure style bodywork therapy, stretch therapy, and posture and joint alignment, as well as physical therapy elements; and various individual services, including anti-fatigue therapy, athletic support therapy, slim-down therapy, and reflexology.

This segment operates relaxation salons under the Re.Ra.Ku and Ruam Ruam brands. The Digital Preventative Healthcare segment offers government-sponsored Specific Health Guidance program, utilizing Lav, an on-demand health monitoring smartphone application and MOTHER Bracelet for fitness applications; and preventative healthcare services utilizing nutritionists and health nurses.

The Luxury Beauty segment manages and operates hair salons under the ZACC brand name. MEDIROM Healthcare Technologies Inc. also operates Re.Ra.Ku College that offers continuing training for franchise owners, home office staff, and salon staff covering topics, such as customer service, salon operations, and relaxation techniques.

The company was formerly known as MEDIROM Inc. and changed its name to MEDIROM Healthcare Technologies Inc. in March 2020.

MEDIROM Healthcare Technologies Inc. was incorporated in 2000 and is headquartered in Tokyo, Japan.

MEDIROM Healthcare Technologies Inc.
MEDIROM Healthcare Technologies logo
Country Japan
Founded 2000
IPO Date Dec 29, 2020
Industry Personal Services
Sector Consumer Discretionary
Employees 1,012
CEO Kouji Eguchi

Contact Details

Address:
Tradepia Odaiba, 16th Floor
Tokyo, 135-0091
Japan
Phone 81 3 6721 7364
Website medirom.co.jp

Stock Details

Ticker Symbol MRM
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency JPY
IPO Price $15.00
CIK Code 0001819704
CUSIP Number 58510H103
ISIN Number US58510H1032
SIC Code 7200

Key Executives

Name Position
Kouji Eguchi Chief Executive Officer and Representative Director
Fumitoshi Fujiwara Chief Financial Officer and Director
Akira Aoki Executive Officer and Chief Medical Officer

Latest SEC Filings

Date Type Title
Dec 13, 2024 6-K Report of foreign issuer
Dec 12, 2024 6-K Report of foreign issuer
Dec 11, 2024 6-K Report of foreign issuer
Dec 10, 2024 424B5 Filing
Dec 10, 2024 SC 13G Statement of acquisition of beneficial ownership by individuals
Dec 9, 2024 EFFECT Notice of Effectiveness
Dec 9, 2024 6-K Report of foreign issuer
Dec 6, 2024 6-K Report of foreign issuer
Dec 4, 2024 F-1/A [Amend] Registration statement for certain foreign private issuers
Dec 2, 2024 F-1/A [Amend] Registration statement for certain foreign private issuers