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Stock impact report

MEDIROM Rehab Solutions Inc. Acquires Rehabilitation Centers from Y’s, Inc.

MEDIROM Healthcare Technologies Inc. - American Depositary Share (MRM) 
Company Research Source: GlobeNewswire
TOKYO, Oct. 07, 2024 (GLOBE NEWSWIRE) -- MEDIROM Healthcare Technologies Inc. (NASDAQ: MRM) (“Medirom” or the “Company”) is pleased to announce that it is capitalizing on its extensive experience operating wellness clinics and healthcare technology to expand into the rehabilitation industry. In doing so, MEDIROM established a wholly-owned subsidiary, MEDIROM Rehab Solutions Inc., which acquired all of the rehabilitation centers of Y’s, Inc. Prior to the acquisition by MEDIROM Rehab Solutions Inc., Y’s, Inc. owned and operated ten cerebral infarction rehabilitation centers in Tokyo and other major cities across Japan. Cerebral infarction rehabilitation is a comprehensive program designed to help individuals who have experienced various types of strokes. Such strokes occur when a blood vessel supplying the brain becomes blocked, leading to tissue damage and potential long-term consequences. Typical components of cerebral infarction rehabilitation include: physical therapy, occupation Show less Read more
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