MEDIROM Co., Ltd. and Kufu Company Co., Ltd. formed a capital and business alliance.

MEDIROM Co., Ltd.
MEDIROM Co., Ltd. and Kufu Company Co., Ltd. formed a capital and business alliance.

MEDIROM Co., Ltd. (Headquarters: Minato-ku, Tokyo; Representative Director: Koji Eguchi; Listed on Nasdaq in the United States; NASDAQ: MRM; hereinafter referred to as “the Company”) is Kufu Company Co., Ltd. (Headquarters: Minato-ku, Tokyo; Representative Executive Officer: Yoshiteru Akita; We have concluded a capital and business alliance agreement with the Tokyo Stock Exchange Growth Market (Securities Code: 4376, hereinafter referred to as “Kufu Company”). Our Tokufu Company will consider future collaboration with regard to business related to relaxation studios and other store management operated by our company, and business related to the activity meter “MOTHER Bracelet (TM)” that operates without charging and manufactured and sold by our company. I will go.
We have 313 stores nationwide (as of the end of October 2022), centered on the relaxation studio “Re.Ra.Ku (R) ︎” aimed at health management services. Since 2015, we have entered the health tech business and are implementing “specific health guidance” and constitution improvement programs using the healthcare app “Lav (R) ︎”. In 2020, we will enter the device business, and have developed a 24-hour, 365-day-a-day activity tracker that does not require charging, the MOTHER Bracelet(TM). This makes it possible to accumulate vital data.
Kufu Company Group, a business partner, provides media and services used by approximately 40 million people monthly, including the leaflet and shopping information service “Tokubai” by LocoGuide Co., Ltd., in business areas related to daily life. increase.
With more time spent at home after the coronavirus crisis, more and more consumers are likely to review their lifestyle habits and take care of their physical and mental health, so demand for health care and relaxation is expected to grow. increase. Through the capital and business alliance with the Kufu Company Group, we will respond to the needs of consumers and further strengthen the provision of services that support users’ decision-making and actions.
■ Kufu Company Co., Ltd. Company Profile
[Image 1
Company name: Kufu Company Inc. (English name: Kufu Company Inc.) Listed Market: Tokyo Stock Exchange Growth Market
Securities code: 4376
Head office location: 1-4-28 Mita, Minato-ku, Tokyo Mita Kokusai Building 23F Representative: Yoshiteru Akita, Representative Executive Officer Established: October 1, 2021
Capital: 13 million yen (as of the end of September 2022)
Business content: Group-wide management strategy formulation, business management, and incidental operations
Operations related to promotion and support of business activities of group companies
Business related to supporting entrepreneurs, young managers, and venture companies
Investment-related business and related business
List of main group companies: https://kufu.company/company/#group HP: https://kufu.company/
■ Company profile of MEDIROM Co., Ltd.
[Image 2
Company name: MEDIROM Co., Ltd. (English name: MEDIROM Healthcare Technologies Inc.)
Listed Market: NASDAQ
Ticker (U.S. ticker): MRM (Nasdaq CM)
Head office location: Tradepia Odaiba 16F, 2-3-1 Daiba, Minato-ku, Tokyo Representative: Koji Eguchi, Representative Director
Established: July 2000
Capital: 2,559,270,000 yen (including reserves, JGAAP standards) Business description: studio management business / franchise business / health tech business / device business
HP: https://medirom.co.jp/

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