MRM
MEDIROM Healthcare
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MRM Profile
Medirom Healthcare Technologies Inc.
A holistic healthcare company that operates more than 300 relaxation salons across Japan
Hotels, Restaurants and Leisure
07/13/2000
12/29/2020
NASDAQ Stock Exchange
334
12-31
Depository Receipts (Ordinary Shares)
2-3-1 Daiba, Minato-ku, Tokyo 135-0091, Japan
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MEDIROM Healthcare Technologies Inc., was originally incorporated in Japan on July 13, 2000 as "Kabushiki Kaisha Young Leaves". The company is one of Japan's leading holistic health service providers. Medirom is the franchisor and operator of Japanese healthcare salons and the platform partner of choice for large consumer brands, healthcare service providers and government agencies that affect health. Through its well-known retail salon brands (mainly including Re.Ra.Ku), nascent technology platform and targeted health consulting and marketing, the company has formed a "health technology" market segment. The goal of the health technology sector is to improve health and improve customer satisfaction, and provide enterprises with rich data, targeted advertising and promotion opportunities. The company operates two synergistic business lines: (1) the leisure salon segment (retail); and (2) the digital preventive health care segment (healthtech). By combining brand strength and core retail capabilities (including extensive physical footprint in densely populated areas of the country) with proprietary technology and partnerships, their business provides customers with unique value-added medical services through scale, customization and across networks that they believe can't be matched by other companies in the industry.