Core Viewpoint - MEDIROM Healthcare Technologies Inc. has secured a new unsecured short-term bank loan of JPY350 million (approximately $2.4 million) to strengthen its financial position and support the development of its Mother Bracelet product [1][2] Financial Details - The loan amount is JPY350 million, with JPY200 million allocated for repaying debts of MEDIROM Mother Labs Inc., a subsidiary and guarantor of the loan [1] - The remaining funds will be used for general working capital, including the development of the Mother Bracelet [1] - The loan carries an interest rate of 1.875% per year [1] Company Overview - MEDIROM operates 308 relaxation salons across Japan, with its leading brand being Re.Ra.Ku® [6] - The company entered the health tech sector in 2015 and launched healthcare programs using an on-demand training app called "Lav®" [6] - In 2020, MEDIROM developed a smart tracker named "MOTHER Bracelet®" and launched a remote monitoring system called REMONY in 2023 [6] - The company aims to collect and manage healthcare data to become a leader in big data within the healthcare industry [6]

Core Viewpoint - MEDIROM Healthcare Technologies Inc. has secured a new unsecured short-term bank loan of JPY350 million (approximately $2.4 million) to strengthen its financial position and support the development of its Mother Bracelet product [1][2]. Financial Summary - The loan amount is JPY350 million, with JPY200 million allocated for repaying debts of MEDIROM Mother Labs Inc., a subsidiary and guarantor of the loan [1]. - The remaining funds will be used for general working capital, including the development of the Mother Bracelet [1]. - The loan carries an interest rate of 1.875% per year [1]. Company Overview - MEDIROM operates 308 relaxation salons across Japan, with its leading brand being Re.Ra.Ku® [5]. - The company entered the health tech sector in 2015 and launched healthcare programs using an on-demand training app called "Lav®" [5]. - In 2020, MEDIROM developed a smart tracker named "MOTHER Bracelet®" and in 2023, it launched REMONY, a remote monitoring system for various industries [5]. - MEDIROM aims to leverage its diverse health-related products and services to collect and manage healthcare data, aspiring to become a leader in big data within the healthcare industry [5].

TOKYO, March 13, 2025 (GLOBE NEWSWIRE) -- MEDIROM Healthcare Technologies Inc. (NASDAQ: MRM) (the “Company” or “MEDIROM”) announces that Yasuhiro Hayami, Chief Business Officer of MEDIROM Mother Labs Inc. (“Mother Labs”), a subsidiary of the Company, has made a second investment in Mother Labs’ Series A financing at a pre-money valuation of JPY9 billion (as of March 13, 2025, approximately US$60 million). This new investment follows Mr. Hayami’s initial investment in the Series A financing in December 2024. ...

Core Insights - MEDIROM Healthcare Technologies Inc. announced a second investment by Yasuhiro Hayami, Chief Business Officer of MEDIROM Mother Labs Inc., in the Series A financing at a pre-money valuation of JPY9 billion (approximately US$60 million) [1] - This investment follows Mr. Hayami's initial investment in December 2024, indicating his commitment to the company's growth potential and alignment with MEDIROM's corporate philosophy [1] Company Overview - MEDIROM Mother Labs Inc. is a subsidiary of MEDIROM Healthcare Technologies Inc., focusing on the health-tech sector [6] - The company offers the "Specific Health Guidance Program" through the "Lav" health application and has developed the 24/7 recharge-free MOTHER Bracelet, which is a smart tracker [6][8] - The MOTHER Bracelet utilizes innovative technology to generate power based on temperature differences, allowing it to operate without recharging and recording key health metrics [8][9] Executive Background - Yasuhiro Hayami has a diverse career, including roles as Executive Officer at transcosmos inc. and founder of Wise, Inc., before becoming the Chief Business Officer of MEDIROM Mother Labs in 2024 [2][6]

Core Insights - MEDIROM Healthcare Technologies Inc. reported preliminary financial results for the year ended December 31, 2024, indicating sustained revenue growth and improved operating profitability [1][12] - The company expects total revenue of approximately JPY 8.2 billion ($52.6 million), a projected increase of JPY 1.4 billion ($9.2 million) from the previous year [5][8] - Adjusted operating income is anticipated to be around JPY 160 million ($1.0 million), marking a significant recovery from an operating loss in 2023 [5][12] Financial Performance - Total revenue for 2024 is projected at JPY 8.2 billion ($52.6 million), driven by increased sales of salons, store outsourcing revenue, and revenue from a newly acquired rehabilitation business [5][12] - Adjusted operating expenses are expected to be approximately JPY 8.12 billion ($51.6 million), reflecting an increase of JPY 0.9 billion ($5.7 million) due to higher costs associated with salon operations and professional fees [5][8] - The adjusted operating income of JPY 160 million ($1.0 million) represents a recovery of JPY 552 million ($3.5 million) from the previous year's operating loss [5][12] Key Performance Indicators - The total number of salons operated by the company was 308 as of December 2024, serving 945,395 customers throughout the year [10][20] - Average sales per customer were JPY 7,111 ($45.2), with a repeat customer ratio of 76.3% [10] - The average operation ratio stood at 45.7% for the year [10] Management Commentary - The CEO expressed satisfaction with the revenue growth and improved operating income, attributing success to the recovery from the COVID-19 pandemic and the growth in salon sales to investors [12] - The company aims to maintain its growth momentum into 2025 while completing the audit of its financial results under U.S. GAAP [12][16]

TOKYO, Jan. 29, 2025 (GLOBE NEWSWIRE) -- MEDIROM Healthcare Technologies Inc. (NasdaqCM: MRM), a holistic healthcare company based in Japan (the "Company"), today announced its major Key Performance Indicators, or KPIs, updated for the month of December 2024. Data is provided for all salons for which comparable financial and customer data is available and excludes certain salons where such information is not available. Salon Operation BusinessThe following monthly KPIs provide insight into the business fund ...

Core Points - MEDIROM Healthcare Technologies Inc. completed its offering of 2,860,000 common shares, generating approximately $5 million in gross proceeds [1][2] - This offering is noted as the first follow-on registered underwritten public offering in the U.S. by a Japanese company listed solely on a U.S. stock exchange [2] - The proceeds from the offering will be used for working capital and general corporate purposes, including investments, acquisitions, and the development of new services [3] Company Overview - MEDIROM operates over 300 wellness salons in Japan, with its leading brand being Re.Ra.Ku®, and has expanded into health tech since 2015 [6] - The company has developed various healthcare programs and devices, including the "Lav®" training app and the "MOTHER Bracelet®" smart tracker [6] - In 2023, MEDIROM launched REMONY, a remote monitoring system for corporate clients, receiving orders from diverse industries such as nursing care and transportation [6] - The company aims to leverage its health-related products and services to collect and manage healthcare data, aspiring to become a leader in big data within the healthcare sector [6]

Company Overview - MEDIROM Healthcare Technologies Inc. is a health technology and holistic healthcare company based in Tokyo, Japan, led by CEO Kouji Eguchi [1] - The company operates over 300 wellness salons across Japan, with its leading brand being Re.Ra.Ku® [6] - MEDIROM entered the health tech business in 2015 and launched the MOTHER Bracelet® in 2020, followed by the REMONY remote monitoring system in 2023 [6] Product Offerings - The MOTHER Bracelet is the world's first 24/7 recharge-free smart tracker, utilizing temperature differences to generate electricity, thus preventing data loss during recharging [3][4] - REMONY is a remote health monitoring system that combines the MOTHER Bracelet with a dedicated gateway for real-time health data management [4] - The system is customizable for various industries, including elderly care and health monitoring for night shift workers [4] Partnership and Implementation - MEDIROM's subsidiary, MOTHER Labs, is providing the REMONY system and MOTHER Bracelet to the Electronics Division of TOPPAN Inc. as part of their employee health management initiatives [1][2] - TOPPAN aims to enhance employee health by creating a safe living environment and enabling early detection of health issues through the use of REMONY [2] Industry Context - Employee health management has evolved into a key priority for companies, shifting from individual responsibility to corporate responsibility [2] - The integration of health technology solutions like REMONY reflects a growing trend in corporate wellness programs [2]

TOKYO, Jan. 21, 2025 (GLOBE NEWSWIRE) -- MEDIROM Healthcare technologies Inc. (NASDAQ: MRM) (“MEDIROM”), a health technology and holistic healthcare company headquartered in Tokyo, Japan and led by CEO Kouji Eguchi, is pleased to announce that its subsidiary, MEDIROM MOTHER Labs Inc. (“MOTHER Labs”) is now providing its remote health monitoring system, REMONY, and charging-free smart tracker device, MOTHER Bracelet®︎, to the Electronics Division of TOPPAN Inc. (Tokyo Stock Exchange: 7911). In recent years, ...

Total Customers Served: 75,760 – Sales Per Customer: JPY 7,055 – Customer Repeat Ratio: 77.5%TOKYO, Dec. 23, 2024 (GLOBE NEWSWIRE) -- MEDIROM Healthcare Technologies Inc. (NasdaqCM: MRM), a holistic healthcare company based in Japan (the “Company”), today announced its major Key Performance Indicators, or KPIs, updated for the month of November 2024. Data is provided for all salons for which comparable financial and customer data is available and excludes certain salons where such information is not availab ...