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More than 10,000 people receive verified World IDs at MEDIROM locations
Globenewswire· 2025-10-28 12:30
Core Insights - MEDIROM Healthcare Technologies Inc. has surpassed 10,000 verifications of World ID at its wellness salons in Japan, indicating strong adoption of the proof of human technology [1][2] - The company plans to expand the installation of the Orb, an advanced camera for verifying humanness, to 200 stores, enhancing its service capabilities [1] - The increase in World ID verifications is expected to improve the convenience and reliability of digital social infrastructure, contributing to revenue growth for MEDIROM [2] Company Overview - MEDIROM operates over 300 wellness salons under the "Re.Ra.Ku" brand across Japan, providing various health and wellness services [8][11] - The company has expanded into HealthTech since 2015, offering on-demand training apps and manufacturing health monitoring devices like the MOTHER Bracelet [11] Technology and Services - World ID is a global authentication technology that proves "humanness" rather than identity, addressing challenges posed by the rise of generative AI [3] - The Orb camera is utilized to verify individuals' humanness without revealing their identities, supporting the World ID initiative [3][4]
Medirom Decides to Double Installation of Authentication Device “Orb” to 200 Stores, in Collaboration with “World” Co-founded by Sam Altman and Alex Blania
Globenewswire· 2025-09-25 21:30
Company Overview - MEDIROM Healthcare Technologies Inc. is a diversified healthcare company headquartered in Minato-ku, Tokyo, led by CEO Kouji Eguchi and listed on NASDAQ under the symbol MRM [3][14] - The company operates over 300 wellness salons under the "Re.Ra.Ku" brand across Japan, and has expanded into HealthTech since 2015, offering various health-related services and products [13][10] Partnership and Technology Integration - MEDIROM has joined the "World" protocol, co-founded by Sam Altman and Alex Blania, to drive the adoption of World ID technology in Japan [3][4] - The World ID technology aims to provide digital proof of human identity, addressing challenges posed by the rise of generative AI [5] Deployment Plans - MEDIROM plans to deploy the World ID proof of human authentication device, Orb, across 100 Re.Ra.Ku relaxation studios in Japan by the end of September 2025, with plans to expand to 200 locations nationwide [3][4] - This deployment represents the largest installation of Orbs in Japan to date, enhancing access to this new social infrastructure [3] Service and Product Offerings - The Orb device uses advanced camera technology to verify individuals' humanness without identifying them, and once verified, a World ID is issued and stored in the World App for use across compatible services [5][6] - MEDIROM's product offerings include the battery-free smart tracker "MOTHER Bracelet," which is utilized in various industries for remote monitoring [13]
MEDIROM Joins the World Network, Embracing Next-Generation Proof of Human Concept Led by ChatGPT Creator Sam Altman
GlobeNewswire News Room· 2025-08-07 20:00
Core Points - MEDIROM Healthcare Technologies Inc. has partnered with Hakuhodo Inc. to promote the adoption of World ID in Japan, a protocol designed to verify human authenticity in the AI era [3][4] - The collaboration aims to install the "Orb" verification device in approximately 100 Re.Ra.Ku relaxation salons, with a target of issuing 500,000 new World IDs annually by the end of December 2025 [5][12] Company Overview - MEDIROM operates over 300 relaxation salons under the "Re.Ra.Ku" brand and has expanded into HealthTech, offering various health-related services and products [19] - Hakuhodo will provide planning and operational support as a flagship partner in the domestic expansion of the World project [12] - Tools for Humanity (TFH) is responsible for providing the World technology, platform operation, and security supervision, ensuring user privacy and control [12][16] Technology and Implementation - World ID is a global personal authentication technology that aims to provide digital proof of human identity, especially in a landscape increasingly populated by generative AI [9] - The "Orb" device utilizes advanced camera technology to verify individuals' humanness without compromising their identity [9][10] - Once verified, users can store their World ID in the "World App," allowing access to various compatible services [10] Market Context - The initiative is part of a broader global effort to build tools that help humanity adapt to the AI era, increasing online trust by distinguishing between humans and AI [8] - The project is co-founded by notable figures in the tech industry, including Sam Altman, aiming to create a new economic system where only verified humans can access certain services [8]
MEDIROM Healthcare Technologies Inc. Regains Compliance with NASDAQ Continued Listing Requirements
Globenewswire· 2025-06-05 18:02
Core Points - MEDIROM Healthcare Technologies Inc. has regained compliance with Nasdaq's minimum bid price requirement as of June 4, 2025 [1][3] - The company was previously notified on February 27, 2025, that it was not in compliance, needing to maintain a minimum closing bid price of $1.00 per share for at least 10 consecutive business days [2] - The closing bid price of the company's American Depositary Shares (ADSs) was $1.00 or greater for the required period from May 20, 2025, to June 3, 2025 [3] Company Overview - MEDIROM operates over 300 wellness salons in Japan, with its leading brand being Re.Ra.Ku® [4] - The company entered the health tech business in 2015 and launched an on-demand training app called "Lav®" [4] - In 2020, MEDIROM developed a smart tracker, the "MOTHER Bracelet®," and in 2023, it launched REMONY, a remote monitoring system for corporate clients across various industries [4] - MEDIROM aims to leverage its diverse portfolio to collect and manage healthcare data, positioning itself as a leader in healthcare big data in Japan [4]