MEDIROM Healthcare Technologies (ADR) (MRM)
Japanese relaxation-salon network operator with health guidance, monitoring, beauty, rehabilitation, and identity-verification services.
Something off on this page? Send us feedback.
Operates a Japan-based relaxation-salon network through company-run, franchised, and managed investor-owned locations. Generates most business from salon services while extending the physical network into health guidance, wearable monitoring, luxury beauty, rehabilitation, and World ID verification.
Runs physical relaxation salons in Japan under Re.Ra.Ku, Bell Epoc, Spa Re.Ra.Ku, Ruam Ruam, and related brands, using company-operated, franchised, and investor-owned locations it manages. Most salons are concentrated in the Tokyo metropolitan area, typically in transit hubs, shopping centers, spas, and high-traffic streets.
Extends that physical network into ZACC high-end hair salons, Lav remote health guidance, and business-facing MOTHER wearables, Gateway devices, and REMONY monitoring software. It has also added private-pay stroke rehabilitation and uses salon and partner sites for World ID verification.
Standardizes therapist technique and service through Re.Ra.Ku College and centralized customer-management, reservation, point-of-sale, payment, health-guidance, and monitoring systems. Performance remains tied to qualified therapist supply, location access and foot traffic, franchisee and salon-investor economics, and regulatory requirements for payment products and Nasdaq listing.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Dec 31, 2025Cash & short-term investments $128.8K · Total debt $14.9M · Total assets $26.6M · Shareholders' equity $8.5M
- Revenue
- $3.9M
- Operating income
- $451.6K
- Net income
- $405.5K
Reported in JPY, converted at the latest exchange rate
No dividends on record.
| Institutions5 holders · as of Mar 31, 2026 | 1.19% | 60.8K ADS | |
| Insiders5 holders · as of Aug 28, 2026 | 37.61% | 1.92M ADS | |
| Strategic holders1 holder · as of Jan 6, 2023 | 12.97% | 662.3K ADS | |
| Otherremainder | 48.23% | 2.46M ADS |
5.11M ADS as of Aug 21, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing
The share count is from the company's Dec 2023 annual report; nothing newer is on file here.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Kouji EguchiInsiderdirector, 10 percent owner, officer: Chief Executive Officer | 35.68% | 1.82M ordinary | Form 4filed Aug 28, 2026 ↗ |
Kufu Company, Inc.Strategic | 12.97% | 662,251 | 13Dfiled Jan 6, 2023 ↗ |
Fumitoshi FujiwaraInsiderdirector, officer: Chief Financial Officer | 0.78% | 40,000 ordinary | Form 4filed Mar 18, 2026 ↗ |
Yoshio UekusaInsiderdirector | 0.56% | 28,837 ordinary | Form 4filed Jun 9, 2026 ↗ |
Tomoya OgawaInsiderdirector | 0.56% | 28,500 ordinary | Form 4filed Mar 18, 2026 ↗ |
| See all 11 → | |||
13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report
Insider tradesForm 4
No open-market trades in the last 12 months.
Not reported.