MEDIROM Healthcare Technologies Inc. Announces New JPY350 Million (Approximately $2.4 Million*) Unsecured Loan Financing
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MEDIROM Healthcare Technologies Inc. (Nasdaq CM: MRM) has secured a JPY350 million ($2.4 million) unsecured loan. The funds will be used to repay debt and for general working capital, including the development of the Mother Bracelet.
March 18, 2025 | 11:30 am
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MEDIROM Healthcare Technologies Inc. has obtained a JPY350 million unsecured loan to repay debt and fund working capital, including product development.
The loan provides MEDIROM with necessary funds to manage existing debt and invest in product development, which could improve financial stability and growth prospects. This is likely to have a positive short-term impact on the stock price.
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