MEDIROM Healthcare Technologies Inc. ADR Company Profile
NASDAQ: MRMConsumer DiscretionaryOther Consumer ServicesUSD
At close: Oct 8, 4:00 PM ET · Delayed 15 min
MEDIROM Healthcare Technologies at a glance
MEDIROM Healthcare Technologies Inc. ADR (NASDAQ: MRM) is a Other Consumer Services company in the Consumer Discretionary sector headquartered in Tokyo, Japan. MEDIROM Healthcare Technologies is led by Mr. Kouji Eguchi and employs about 334 people. The company's shares have traded publicly since 2020.
At a market capitalization of $4.3 million, it is considered a small-cap company. Its SEC Central Index Key (CIK) is 0001819704, which identifies the company's filings on EDGAR.
Summary generated from market data by MetaCap's automated system. Methodology
What does MEDIROM Healthcare Technologies do?
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 develops, owns, 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 that utilizes Lav, an on-demand health monitoring smartphone application, as well as MOTHER Bracelet for fitness and health applications; and provides preventative healthcare services utilizing nutritionists and health nurses. The Luxury Beauty segment manages and operates hair salons under the ZACC brand name. The company 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.
Business description based on the company's public filings.
Company information
- Legal name
- MEDIROM Healthcare Technologies Inc. ADR
- Ticker
- NASDAQ: MRM
- Sector
- Consumer Discretionary
- Industry
- Other Consumer Services
- CEO
- Mr. Kouji Eguchi
- Employees
- 334
- Headquarters
- 2-3-1 Daiba, Tokyo, Japan
- Phone
- 81 3 6721 7364
- Website
- medirom.co.jp
- IPO year
- 2020
- Market cap
- $4.35M
- SEC CIK
- 0001819704
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