Medirom healthcare technologies inc. announces the acquisition of relaxation salon business under the brand name of “ruam ruam”

New york, april 30, 2021 (globe newswire) -- medirom healthcare technologies inc. (nasdaqcm: mrm, “medirom”), a leading holistic health services provider in japan, announced today that medirom has acquired 100% ownership of sawan co. ltd. (“sawan”), a relaxation salon operator of “ruam ruam” from box group co., ltd., a japanese holding company specializing in beauty and spa products and services. ruam ruam is a luxury relaxation salon brand, which is characterized with oriental relaxation techniques to fit the needs and preferences of the japanese consumer. sawan directly operates eight (8) salons across the tokyo metropolitan area.
MRM Ratings Summary
MRM Quant Ranking