Leveraging the strengths of each partner to
create synergies and expand the customer base
SBC Medical Group Holdings Incorporated (Nasdaq: SBC) (“SBC
Medical”, or the “Company”, or “SBC”), a global owner, operator and
provider of management services and products to cosmetic treatment
centers, today announced a business alliance with MEDIROM
Healthcare Technologies Inc. (Nasdaq: MRM) ("MEDIROM"), a rapidly
growing company in the healthcare technology field with over 300
relaxation studios in Japan.
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SBC Medical Group Holdings Incorporated,
a global owner, operator and provider of management services and
products to cosmetic treatment centers, today announced a business
alliance with MEDIROM Healthcare Technologies Inc., a rapidly
growing company in the healthcare technology field. (Graphic:
Business Wire)
SBC Medical and MEDIROM, two trusted beauty and wellness leaders
that excel in customer-centric experiences, together will create a
new way for beauty and wellness enthusiasts to discover exciting
and new health treatments. The alliance brings together MEDIROM’s
leading brand of relaxation salons and health-related product and
service offerings with SBC’s best-in-class cosmetic treatment
centers that today serve millions of customers who love the ease,
convenience, and value of SBC’s experience.
Together, the two leading healthcare service providers have more
than 4 million members across their loyalty programs at SBC’s
“Shonan Beauty Clinic” and MEDIROM’s Re.Ra.Ku. In addition to
bringing customers enhanced offerings and expertise, the alliance
will seek to create compelling, integrated opportunities to harness
the power of these loyal customers and reward them when they
receive services at SBC Medical and MEDIROM.
Background of Alliance Based on the concept of " Ultimate
Win-Win for All " SBC Medical Group provides management support
services to a wide range of medical institutions, including
comprehensive cosmetic medicine, dentistry, AGA treatment,
gynecology, infertility treatment, ophthalmology, plastic surgery,
and regenerative medicine. The Company’s network of clinics,
including “Shoan Beauty Clinic”, now numbers 224 worldwide.
MEDIROM, under the brand name “Re.Ra.Ku”, operates more than 300
relaxation studios in Japan based on the concept of "health, more,
and more innovative," and is developing a diversified business
centered on healthcare. The company also focuses on health
maintenance and preventive medicine, and continues to innovate in
this industry.
Reaching new customers and creation of synergies In this
alliance, both companies have elevated expectations for their
different customer segments. Shonan Beauty Clinic is widely
supported mainly by women in their 20s and 30s, while MEDIROM's
Re.Ra.Ku serves mainly male customers for relaxation and health
maintenance. This collaboration is expected to enable the two
companies to approach new markets, expand our total customer base,
and provide new value. As a first step, during the period from
November 15, 2024 to December 15, 2024, customers visiting Shonan
Beauty Clinic will receive special invitation tickets to experience
Re.Ra.Ku at a discounted price. The two companies plan to continue
to deepen their collaboration in stages, aiming to provide new
value oriented experiences that offer total support for beauty and
health.
Initial Co-Marketing Campaign Customers visiting Shonan
Beauty Clinic and Re.Ra.Ku will receive special invitation tickets
for a limited time.
Participating Clinics and Stores Shonan Beauty Clinic:
130 clinics Re.Ra.Ku (directly managed stores): 230 stores
Distribution period Shonan Beauty Clinic: Friday,
November 15, 2024 - Sunday, December 15, 2024 Re.Ra.Ku: Sunday,
December 1, 2024 - Monday, January 13, 2025
About MEDIROM Healthcare Technologies Inc. MEDIROM
Healthcare Technologies Inc., together with its subsidiaries,
provides holistic health services in Japan. It operates in three
segments: Relaxation Salon, Digital Preventative Healthcare, and
Luxury Beauty. The Relaxation Salon segment owns, develops,
operates, franchises, and supports relaxation salons, which provide
finger-pressure style bodywork therapy, stretch therapy, and
posture and joint alignment, as well as physical therapy elements;
and various individual services, including anti-fatigue therapy,
athletic support therapy, slim-down therapy, and reflexology.
About SBC Medical SBC Medical, through its subsidiaries,
provides services to support the operation of clinics that deliver
highly specialized medical services in the areas of cosmetic
medicine, esthetic dentistry, and Androgenetic Alopecia or AGA,
primarily in Japan and centered on the SBC Shonan Beauty Clinic
Brand. SBC Medical and its subsidiaries now provide management
services to a total of 224 franchisees located worldwide. For
Global, SBC Medical owns and operates one treatment center in
Vietnam and provides management services to one treatment center in
State of California in the United States. For more information,
visit https://sbc-holdings.com/
Forward Looking Statements This press release contains
forward-looking statements. In addition, from time to time, we or
our representatives may make forward-looking statements orally or
in writing. We base these forward-looking statements on our
expectations and projections about future events, which we derive
from the information currently available to us. Such
forward-looking statements relate to future events or our future
performance, including: our financial performance and projections;
our growth in revenue and earnings; and our business prospects and
opportunities. You can identify forward-looking statements by those
that are not historical in nature, particularly those that use
terminology such as “may,” “should,” “expects,” “anticipates,”
“contemplates,” “estimates,” “believes,” “plans,” “projected,”
“predicts,” “potential,” or “hopes” or the negative of these or
similar terms. Factors that may cause actual results to differ
materially from current expectations include, among other things,
those listed under the heading “Risk Factors” and elsewhere in the
proxy statement and other materials filed with the U.S. Securities
and Exchange Commission. Forward-looking statements are only
predictions. The forward-looking events discussed in this press
release and other statements made from time to time by us or our
representatives, may not occur, and actual events and results may
differ materially and are subject to risks, uncertainties, and
assumptions about us. We are not obligated to publicly update or
revise any forward-looking statement, whether because of
uncertainties and assumptions, the forward-looking events discussed
in this press release and other statements made from time to time
by us or our representatives might not occur. Past performance is
not indicative of future results. There is no guarantee that any
specific outcome will be achieved. Investments may be speculative,
illiquid and there is a total risk of loss.
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version on businesswire.com: https://www.businesswire.com/news/home/20241103701498/en/
SBC Medical Group Holdings Incorporated Hikaru Fukui / Head of
Investor Relations e-mail: ir@sbc-holdings.com
SBC Medical (NASDAQ:SBC)
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