MEDIROM Healthcare Technologies (MRM) has released an update.
MEDIROM Healthcare Technologies reported a total revenue increase to ¥3.48 billion for the first half of 2024, compared to ¥3.15 billion in the same period of 2023, driven primarily by growth in their directly-operated salons. However, their total assets decreased from ¥6.85 billion to ¥5.83 billion, resulting in a shareholders’ deficit of ¥364.3 million as of June 30, 2024. Investors should note the company’s financial strategy and potential impact on future stock performance.
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