Summary by Moomoo AI
MEDIROM Healthcare Technologies reported key performance indicators for September 2024, showing mixed results across its salon operations. The company operated 308 salons, down from 315 year-over-year, serving 82,401 customers compared to 84,393 in the previous year. Sales per customer increased to JPY 7,158 from JPY 6,991, while the repeat ratio slightly decreased to 75.8% from 76.7%. Operation ratio improved to 48.0% from 47.0%.In its Health Tech Business segment, MEDIROM's Lav® app, which provides government-specific health guidance programs, has expanded its reach. The company has secured contracts with 87 corporate insurance associations, maintaining its August level. The cumulative number of Lav® app users grew to 7,865, with 221 new users added in September 2024.
