Summary by Moomoo AI
MEDIROM Healthcare Technologies reported its July 2024 KPIs, showing a total of 309 salons, down from 315 year-over-year. Total customers served decreased to 81,580 from 88,240 in July 2023, while sales per customer increased to JPY 7,060 from JPY 6,985. The repeat ratio slightly declined to 75.0% from 76.0%, and the operation ratio decreased to 46.6% from 48.1% YoY.In the Health Tech segment, the company's Lav® app, an on-demand training application for specific health guidance programs, continues to expand. As of July 2024, MEDIROM has secured contracts with 84 corporate insurance associations, adding one new contract during the month. The cumulative number of Lav® app users reached 7,535, with 166 new users added in July.