Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MEDIROM HEALTHCARE TECHNOLOGIES INC.

(MRM)
SummaryQuotesChartsNewsCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

MEDIROM Healthcare Technologies : Announces its latest Key Performance Indicators (KPIs) - Form 6-K

11/19/2021 | 04:14pm EST

MEDIROM Healthcare Technologies Inc., Announces its latest Key Performance Indicators (KPIs)

New York/November 19, 2021 - MEDIROM Healthcare Technologies Inc. (Nasdaq CM: MRM), a holistic healthcare Company based in Japan (the "Company"), today announced its major Key Performance Indicators, or KPIs, updated for the month of October 2021. Data is provided for all salons for which comparative financial and customer data is available and excludes certain salons where such information is not available.

The following monthly KPIs provide insight into the business fundamentals and progress of the Company, updated for the month of October 2021.

· The number of salons was 316 in October 2021, up from 291 in the year-ago period, primarily as a result of the acquisition of another salon brand in May 2021.
· Total customers served increased to 68,608 in October 2021 from 65,820 in the year-ago period. Such increase is mainly attributed to the government's lifting the state of emergency on September 30, 2021 and recovery from COVD-19 impact.
· Sales per customer increased to JPY 6,486 in October 2021, up from JPY6,269 in October 2020. Such increase is mainly attributed to the upselling of value-added optional services.
· Our repeat ratio, a measure of repeat customers, increased to 83.3% in October 2021 from 80.3% in the year-ago period.
· Our operation ratio was 48.9% in October 2021, slightly improving from 47.0% in the year-ago period.
· Total number of salons with data was 221 in October 2021, no change from October 2020. The number of salons with data decreases when we close salons with data available and increases as we open salons with such data.

Number of

Salons (*1)

Number of

Salons with
Data (*2)

Total Customers

Served (*3)

Sales Per
Customer (*4)
Repeat Ratio (*5) Operation Ratio (*6)
October-20 291 221 65,820 JPY 6,269 80.3% 47.0%
November-20 291 220 63,993 JPY 6,312 80.7% 47.6%
December-20 290 221 64,649 JPY 6,486 82.6% 48.2%
January-21 302 218 56,557 JPY 6,443 84.0% 44.6%
February-21 302 218 56,370 JPY 6,443 83.0% 47.6%
March-21 303 217 62,441 JPY6,352 81.9% 47.0%
April -21 301 219 63,682 JPY 6,250 81.4% 46.3%
May-21 313 212 66,604 JPY 6,370 80.6% 48.7%
June-21 313 219 68,069 JPY 6,350 81.2% 48.6%
July-21 314 220 70,912 JPY 6,498 81.0% 48.1%
August-21 315 221 66,323 JPY 6,592 81.3% 46.5%
September-21 316 221 65,130 JPY 6,428 82.0% 46.7%
October-21 316 221 68,608 JPY 6,486 83.3% 48.9%
(*1) Number of Salons: Includes our directly-operated salons, and franchisees' salons.
(*2) Number of Salons with Data: The number of salons for which comparable financial and customer data is available.
(*3) Total Customers Served: The number of customers served at salons for which comparative financial and customer data is available.
(*4) Sales Per Customer: The ratio of total salon sales to number of treated customers at all salons for which comparable financial and customer data is available.
(*5) Repeat Ratio: The ratio of repeat customer visits to total customer visits in the applicable month for all salons for which comparable financial and customer data is available.
(*6) Operation Ratio: The ratio of therapists' in-service time to total therapists' working hours (including stand-by time) for the applicable month for all salons for which comparable financial and customer data is available.

*Since July 2021, the salon operation business has been managed by Wing Inc., which is a wholly-owned subsidiary of the Company.

MEDIROM operates 316 (as of October 31, 2021) relaxation salons across Japan, Re.Ra.Ku®, being its leading brand, and provides healthcare services. In 2015, MEDIROM entered the health tech business, and launched new healthcare programs using on-demand training app called "Lav®", which is developed by the company. MEDIROM also entered the device business in 2020 and is developing a smart tracker "MOTHER Bracelet" (formerly known as "MOTHER Tracker®"). MEDIROM plans to expand the scope of its business to include data analysis utilizing the data it has collected since formation of the company.

URL : https://medirom.co.jp/en

■Contacts

Investor Relations Team

ir@medirom.co.jp

Disclaimer

Medirom Healthcare Technologies Inc. published this content on 19 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 November 2021 21:13:08 UTC.


ę Publicnow 2021
All news about MEDIROM HEALTHCARE TECHNOLOGIES INC.
01/24MEDIROM HEALTHCARE TECHNOLOGIES : Announces its latest Key Performance Indicators (KPIs) -..
PU
01/24MEDIROM Healthcare Technologies Inc. Reports Sales Results for the Month December of 20..
CI
01/24MEDIROM Healthcare Technologies Inc., Announces its latest Key Performance Indicators (..
GL
01/21Medirom Gets Nasdaq Notice on Minimum Market Value Listing Requirement
MT
01/21MEDIROM HEALTHCARE TECHNOLOGIES : Receives Nasdaq Notification Regarding Minimum Market Va..
PU
01/21MEDIROM Healthcare Technologies Inc. Receives Nasdaq Notification Regarding Minimum Mar..
AQ
2021MEDIROM HEALTHCARE TECHNOLOGIES : Announces Business Alliance with Juju Holdings Kabushiki..
PU
2021MEDIROM Healthcare Technologies Inc. Announces Business Alliance with Juju Holdings Kab..
GL
2021MEDIROM Healthcare Technologies Inc. Announces Business Alliance with Juju Holdings Kab..
CI
2021MEDIROM HEALTHCARE TECHNOLOGIES : Announces its latest Key Performance Indicators (KPIs)
PU
More news
Financials
Sales 2020 3 342 M 28,9 M 28,9 M
Net income 2020 -539 M -4,67 M -4,67 M
Net Debt 2020 1 090 M 9,44 M 9,44 M
P/E ratio 2020 -0,11x
Yield 2020 -
Capitalization 3 548 M 30,8 M 30,7 M
EV / Sales 2019 -
EV / Sales 2020 2,11x
Nbr of Employees 334
Free-Float -
Chart MEDIROM HEALTHCARE TECHNOLOGIES INC.
Duration : Period :
MEDIROM Healthcare Technologies Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends MEDIROM HEALTHCARE TECHNOLOGIES INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Managers and Directors
Koji Eguchi Chief Executive Officer & Representative Director
Fumitoshi Fujiwara Chief Financial Officer & Director
Tomoya Ogawa Independent Director
Akira Nojima Independent Director
Miki Aoki Director & Manager-General Affairs