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Stock impact report

Lead Real Estate Co., LTD Announces Business Alliance with MEDIROM Healthcare Technologies Inc. for Healthtech Support in the Hotel Business

Lead Real Estate Co., Ltd - American Depositary Shares (LRE) 
Company Research Source: GlobeNewswire
TOKYO, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Lead Real Estate Co., LTD (Nasdaq: LRE) (“LRE,” or the “Company”), a Japanese real estate developer of luxury residential properties, including single-family homes and condominiums across Tokyo, Kanagawa prefecture and Sapporo, today announced a partnership with MEDIROM MOTHER Labs Inc. (“MOTHER Labs”), a subsidiary of MEDIROM Healthcare Technologies Inc. (Nasdaq: MRM), which operates a health tech business. Background of the Business Alliance LRE develops and operates the ENT TERRACE brand of extended-stay hotels, offering the “stay like living” concept designed to provide guests with a personalized, home-like experience tailored to each guest. According to a report by the Japan National Tourism Organization1, Japan’s tourism industry is accelerating, partially driven by the weaker yen, which is attracting a growing number of international travelers. Compared to June 2023, the number of foreign t Show less Read more
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