MEDIROM Healthcare Technologies Inc. (MRM) is a Japanese company that offers comprehensive healthcare solutions, operating through two primary divisions: Relaxation Salon and Digital Preventative Healthcare. The Relaxation Salon segment oversees a network of both company-owned and franchised wellness centers, which include brands like Re.Ra.Ku and Ruam Ruam. These salons deliver various therapeutic services, such as finger-pressure bodywork, stretch therapy, posture and joint alignment, and aspects of physical therapy. They also provide specialized treatments for fatigue relief, athletic support, weight management, and reflexology. By the close of 2021, this division managed 312 such relaxation salons. The Digital Preventative Healthcare segment is dedicated to proactive health management through technology. It participates in government-mandated Specific Health Guidance programs, primarily leveraging its proprietary on-demand health monitoring smartphone application, Lav. This segment also features MOTHER Tracker for fitness tracking and provides general preventative healthcare services using its digital platforms and devices. Furthermore, MEDIROM operates the Re.Ra.Ku College in Tokyo's Odaiba area. This college offers continuous professional development for franchise owners, corporate staff, and salon employees, covering essential skills in customer service, salon management, and advanced relaxation techniques. Headquartered in Tokyo, Japan, the company was established in 2000. It adopted its current name, MEDIROM Healthcare Technologies Inc., in March 2020, having previously been known as MEDIROM Inc.
MRM: 6-K · delisting
MEDIROM Healthcare Technologies (NASDAQ: MRM) received a Nasdaq notification on October 6, 2026 for failing the $1.00 minimum bid price requirement, with its ADSs below $1.00 for 31 consecutive business days through October 5, 2026.
The company has until April 5, 2027 to regain compliance, requiring a closing bid of at least $1.00 for 10 consecutive business days, and may qualify for an additional 180-day extension or face delisting.
This is MRM's second active Nasdaq compliance issue: it is also under an extension to November 11, 2026 to file its overdue Form 20-F for fiscal 2025, raising the risk of multiple concurrent listing deficiencies.