MEDIROM Healthcare Technologies Inc. reported its preliminary, unaudited financial results for the first half of 2024 on November 9, 2024. The company's total revenue increased to ¥3.48 billion, up from ¥3.15 billion in the same period of 2023.
This revenue growth was primarily driven by the performance of MEDIROM's directly-operated salons. However, the company's total assets decreased from ¥6.85 billion to ¥5.83 billion during the period.
As of June 30, 2024, MEDIROM reported a shareholders’ deficit of ¥364.3 million. Investors are evaluating these results in the context of the company's ongoing financial strategy and operational developments.
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