MEDIROM Group Reports Q1 2026 Results

MEDIROM Healthcare Technologies reported Q1 2026 results showing strong Average Revenue Per Customer of 7,822 JPY (+7.7% YoY), significantly exceeding Japanese industry average. However, the company continues to face salon contraction with 287 locations (-21 YoY) and declining total customers (-13.9% YoY). The company is shifting to a hybrid staffing model with independent contractors now comprising 45.1% of therapists. World ID partnership generated ~31,000 verifications, while HealthTech division Lav® expanded to 106 health insurance providers with 13,226 cumulative users.