MEDIROM Healthcare Technologies Inc. (MRM)

USD 0.98

(-7.87%)

Market Cap (In USD)

5.23 Million

Revenue (In USD)

6.82 Billion

Net Income (In USD)

115.04 Million

Avg. Volume

667.36 Thousand

Currency
USD
Country
Consumer Cyclical
Open
-
Prev. Close
-
Day Range
-
Year Range
0.95-8.39
PE
-
EPS
-
Beta Value
0.009
ISIN
US58510H1032
CUSIP
58510H103
CIK
1819704
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Consumer Cyclical
Industry
Personal Products & Services
CEO
Mr. Kouji Eguchi
Employee Count
-
Website
https://medirom.co.jp
Ipo Date
2020-12-29
Details
MEDIROM Healthcare Technologies Inc. provides holistic healthcare services in Japan. It operates in two segments, Relaxation Salon and Digital Preventative Healthcare. The Relaxation Salon segment owns and franchises 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. As of December 31, 2021, this segment operated 312 relaxation salons under the Re.Ra.Ku and Ruam Ruam brand. The Digital Preventative Healthcare segment offers government-sponsored Specific Health Guidance program, utilizing Lav, its internally developed on-demand health monitoring smartphone application; MOTHER Tracker for fitness applications; and preventative healthcare services utilizing its digital application and devices. 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 located in the Odaiba area in Tokyo. 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.