MEDIROM Healthcare Technologies (MRM) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
MEDIROM Healthcare Technologies Inc. reported a slight decline in its October 2024 Key Performance Indicators, with total customers served falling to 79,571 and a modest increase in sales per customer to JPY 6,923. Despite a decrease in repeat customer ratio and the number of operational salons, the company continues to expand its health tech business with the Lav® app, now contracted with 93 corporate insurance associations and reaching over 8,000 users. This growth in the health tech sector suggests a strategic pivot towards leveraging technology to enhance healthcare services in Japan.
For further insights into MRM stock, check out TipRanks’ Stock Analysis page.
