An update from MEDIROM Healthcare Technologies ( (MRM) ) is now available.
On March 18, 2025, MEDIROM Healthcare Technologies Inc. announced securing a JPY350 million unsecured short-term bank loan. The company utilized JPY200 million to repay debts of its subsidiary, MEDIROM Mother Labs Inc., and plans to use the remaining funds for general working capital, including the development of the Mother Bracelet. This financial move is expected to strengthen MEDIROM’s financial position and support its ongoing projects, potentially impacting its market standing and stakeholder interests.
More about MEDIROM Healthcare Technologies
MEDIROM Healthcare Technologies Inc. is a holistic healthcare company based in Japan, operating 308 relaxation salons across the country with its leading brand Re.Ra.Ku®. The company has expanded into the health tech sector with the development of the Lav® training app and the MOTHER Bracelet® smart tracker. In 2023, it launched REMONY, a remote monitoring system, catering to various industries including nursing care and construction.
YTD Price Performance: -30.69%
Average Trading Volume: 357,126
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.46M
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