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.)
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:
Lock-Up Period Expiration Date:
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