MEDIROM Healthcare Technologies, Inc.
General Information | |
Business: | Medirom Healthcare Technologies Inc., which we refer to in this prospectus as Medirom, is one of the leading holistic health services providers in Japan. Medirom is a franchiser and operator of healthcare salons across Japan and is a preferred platform partner for large consumer brands, healthcare service providers, and government entities to affect positive health outcomes. Through our well-known retail salon brands, including primarily Re.Ra.Ku®, nascent tech platforms, and targeted health consulting and marketing, we have formed a “healthtech” segment. The healthtech segment’s goal is to improve health outcomes and the satisfaction of our customers, as well as offer corporations data-rich, targeted advertising and promotional opportunities. We operate two synergistic lines of businesses: (1) Relaxation Salon Segment (retail); and (2) Digital Preventative Healthcare Segment (healthtech).
(Note: Medirom Healthcare’s IPO was downsized to 715,000 American Depositary Shares, down from 1.1 million ADS, in an SEC filing dated Dec. 22, 2020. The price range remains the same at $14 to $16 each. The deal’s size was previously trimmed to 1.1 million ADS in an SEC filing dated Dec. 17, 2020, down from 1.2 million ADS initially.)
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Industry: | PERSONAL SERVICES |
Employees: | 233 |
Founded: | 2000 |
Contact Information | |
Address | 2-3-1 Daiba, Minato-ku Tokyo 135-0091, Japan |
Phone Number | +81-(0)3-6721-7364 |
Web Address | https://medirom.co.jp/en/ |
View Prospectus: | MEDIROM Healthcare Technologies, Inc. |
Financial Information | |
Market Cap | $72.3mil |
Revenues | $3.2 mil (last 12 months) |
Net Income | $-479.7 mil (last 12 months) |
IPO Profile | |
Symbol | MRM |
Exchange | NASDAQ |
Shares (millions): | 0.8 |
Price range | $15.00 - $15.00 |
Est. $ Volume | $12.0 mil |
Manager / Joint Managers | Maxim Group LLC |
CO-Managers | - |
Expected To Trade: | 12/29/2020 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |