On March 17, 2025, MEDIROM Healthcare Technologies Inc. announced it obtained a new unsecured short-term bank loan totaling JPY 350 million, approximately $2.4 million. The loan carries an interest rate of 1.875% per year.
Of the total loan funds, JPY 200 million was allocated for the repayment of indebtedness of MEDIROM Mother Labs Inc., a subsidiary and guarantor of the new loan. The remaining funds are designated for general working capital, including the ongoing development of the Mother Bracelet.
CEO Koji Eguchi stated that this new loan financing strengthens the company's financial position and provides crucial support for the Mother Bracelet's development. This strategic financing aims to bolster MEDIROM's health-tech segment and overall operational liquidity.
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