MRM Earnings — MEDIROM Healthcare Technologies Inc.
NASDAQ · Consumer Discretionary · Personal Products & Services
Updated
About MEDIROM Healthcare Technologies Inc.
MEDIROM Healthcare Technologies Inc. (MRM) is a Japanese company that offers comprehensive healthcare solutions, operating through two primary divisions: Relaxation Salon and Digital Preventative Healthcare. The Relaxation Salon segment oversees a network of both company-owned and franchised wellness centers, which include brands like Re.Ra.Ku and Ruam Ruam. These salons deliver various therapeutic services, such as finger-pressure bodywork, stretch therapy, posture and joint alignment, and aspects of physical therapy. They also provide specialized treatments for fatigue relief, athletic support, weight management, and reflexology. By the close of 2021, this division managed 312 such relaxation salons. The Digital Preventative Healthcare segment is dedicated to proactive health management through technology. It participates in government-mandated Specific Health Guidance programs, primarily leveraging its proprietary on-demand health monitoring smartphone application, Lav. This segment also features MOTHER Tracker for fitness tracking and provides general preventative healthcare services using its digital platforms and devices. Furthermore, MEDIROM operates the Re.Ra.Ku College in Tokyo's Odaiba area. This college offers continuous professional development for franchise owners, corporate staff, and salon employees, covering essential skills in customer service, salon management, and advanced relaxation techniques. Headquartered in Tokyo, Japan, the company was established in 2000. It adopted its current name, MEDIROM Healthcare Technologies Inc., in March 2020, having previously been known as MEDIROM Inc.
🤖 AI Earnings Analysis
MRM trades at $0.37 with a $3.0M market cap and negative P/E (-0.74); no recent news or guidance data is provided to support a catalyst.
AI-generated summary — powered by BigEarnings.
Earnings History
No confirmed earnings data available yet.
Showing last 0 quarters.
Revenue by segment & region
By segment
FY2024 · $1.20B total · annual
| Segment | Share | Revenue | YoY | FY2021 | FY2022 | FY2023 | FY2024 |
|---|---|---|---|---|---|---|---|
| Franchise | 26.4% | $316.7M | -39.5% | — | $645.7M | $523.3M | $316.7M |
| Sublease revenue | 25.7% | $308.3M | -15.4% | $438.0M | $411.7M | $364.4M | $308.3M |
| Other franchise revenues | 15.0% | $179.4M | -1.3% | $247.4M | $630.2M | $181.8M | $179.4M |
| Other revenues | 13.4% | $160.6M | -19.8% | $44.0M | $427.0M | $200.4M | $160.6M |
| Royalty income | 13.0% | $156.3M | -13.8% | $209.8M | $403.2M | $181.4M | $156.3M |
| Staffing service revenue | 6.4% | $76.8M | -43.7% | $264.0M | $87.0M | $136.6M | $76.8M |
Source: company filings via FMP. YoY compares the same fiscal period a year earlier.