← Medirom Healthcare Technologies Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current assets: | |||||||
| Cash and Cash Equivalents, at Carrying Value | $513.6m | $1.4b | $370.6m | $4.6m | $755k | $2.1m | |
| Prepaid Expense and Other Assets, Current | $47.5m | $47.2m | $111.2m | $292.6m | $257.9m | $217.2m | |
| Short-term Investments | $38.5m | $32.5m | $26.5m | $26.5m | $26.5m | $6.2m | |
| Cash and cash equivalents | $513.6m | $1.4b | $370.6m | $605.5m | $106.3m | $329.4m | |
| Accounts receivable-trade, net | $337.0m | $148.5m | $312.3m | $534.7m | $621.9m | $1.4b | |
| Accounts receivable-other, net | $428.3m | $411.3m | $543.0m | $789.8m | $606.1m | $646.2m | |
| Prepaid expenses and other current assets | $47.5m | $47.2m | $111.2m | $292.6m | $257.9m | $217.2m | |
| Long-term accounts receivable-other, net | $106.2m | $116.9m | $101.9m | $99.3m | $95.8m | $84.3m | |
| Inventory, Net | $5.5m | $8.0m | $18.7m | $114.1m | $140.0m | $151.6m | |
| Assets, Current | $1.4b | $2.1b | $1.4b | $2.4b | $1.8b | $2.7b | |
| Total current assets | $1.4b | $2.1b | $1.4b | $2.4b | $1.8b | $2.7b | |
| Property, Plant and Equipment, Net | $169.0m | $235.9m | $425.0m | $424.3m | $451.5m | $435.7m | |
| Goodwill | $78.3m | $150.7m | $600.3m | $539.5m | $484.6m | $389.1m | |
| Intangible Assets, Net (Excluding Goodwill) | $77.6m | $97.6m | $391.0m | $403.7m | $920.7m | $1.1b | |
| Other intangible assets, net | $77.6m | $97.6m | $391.0m | $403.7m | $920.7m | $1.1b | |
| Operating Lease, Right-of-Use Asset | $1.8b | $1.6b | $1.8b | $2.0b | $2.1b | $2.1b | |
| Other Assets, Noncurrent | $54.5m | $79.5m | $107.2m | $13.7m | $16.7m | $80.6m | |
| Right-of-use asset - operating lease, net | $1.8b | $1.6b | $1.8b | $2.0b | $2.1b | $2.1b | |
| Additional Financial Items | |||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $337.0m | $148.5m | $312.3m | $534.7m | $621.9m | $1.4b | |
| Accrued Liabilities, Current | $448.0m | $889.1m | $865.9m | $1.4b | $1.3b | $325.5m | |
| Time deposits | $38.5m | $32.5m | $26.5m | $26.5m | $26.5m | $6.2m | |
| Investments | $14.0m | $500k | $53.0m | $53.0m | $81.5m | $87.4m | |
| Lease and guarantee deposits | $769.1m | $710.6m | $868.2m | $895.3m | $848.7m | $808.5m | |
| Deferred tax assets, net | $222.5m | $655.6m | — | — | $101.6m | $285.9m | |
| Short-term borrowings | — | — | — | — | $400.0m | $491.7m | |
| Current portion of long-term borrowings | — | — | — | $99.2m | $100.4m | $620.8m | |
| Income tax payable | $17.8m | $43.2m | $40.7m | $59.9m | $14.9m | $58.6m | |
| Current portion of contract liability | $201.6m | $172.1m | $104.2m | $89.0m | $109.3m | $53.5m | |
| Advances received | $483.1m | $461.7m | $618.5m | $507.4m | $402.7m | $409.7m | |
| Other current liabilities | $115.6m | $118.9m | $270.8m | $525.6m | $370.2m | $414.7m | |
| Borrowings - net of current portion | $150.5m | $668.4m | $746.6m | $1.1b | $1.1b | $764.2m | |
| Deposit received | $474.4m | $375.5m | $329.0m | $304.6m | $261.9m | $236.2m | |
| Contract liability - net of current portion | $465.1m | $334.0m | $239.1m | $156.4m | $71.1m | $36.9m | |
| Asset retirement obligation | $127.4m | $191.2m | $296.4m | $310.9m | $344.3m | $378.9m | |
| Other liabilities | $5.6m | $7.7m | $25.2m | $30.4m | $9.8m | $17.4m | |
| Total 'equity (deficit) attributable to shareholders of the Company | $600.1m | $491.3m | ($208.3m) | ($59.4m) | $210.9m | $933.3m | |
| Total equity (deficit) | — | — | — | ($59.4m) | $216.0m | $987.9m | |
| Assets | $4.8b | $5.7b | $5.8b | $6.7b | $6.8b | $8.1b | |
| LIABILITIES AND EQUITY | |||||||
| Current liabilities: | |||||||
| Operating Lease, Liability, Current | $704.0m | $658.3m | $755.2m | $769.8m | $763.4m | $792.8m | |
| Accounts Payable, Current | $122.6m | $67.0m | $230.9m | $207.6m | $137.7m | $1.0b | |
| Operating Lease, Liability, Noncurrent | $1.1b | $992.9m | $1.1b | $1.2b | $1.3b | $1.3b | |
| Long-term Debt, Excluding Current Maturities | $150.5m | $668.4m | $746.6m | $1.1b | $1.1b | $764.2m | |
| Long-term Debt, Current Maturities | $191.6m | $242.3m | $162.3m | $99.2m | $100.4m | $620.8m | |
| Current portion of operating lease liability | $704.0m | $658.3m | $755.2m | $769.8m | $763.4m | $792.8m | |
| Operating lease liability - net of current portion | $1.1b | $992.9m | $1.1b | $1.2b | $1.3b | $1.3b | |
| Liabilities, Current | $2.3b | $2.7b | $3.2b | $3.6b | $3.6b | $4.2b | |
| Total current liabilities | $2.3b | $2.7b | $3.2b | $3.6b | $3.6b | $4.2b | |
| Liabilities | $4.2b | $5.2b | $6.0b | $6.8b | $6.6b | $6.9b | |
| Redeemable Noncontrolling Interest, Equity, Carrying Amount | — | — | $148.0m | $0 | — | $200.2m | |
| Redeemable noncontrolling interests | — | — | $148.0m | $0 | — | $200.2m | |
| Stockholders’ equity: | |||||||
| Retained Earnings (Accumulated Deficit) | ($705.3m) | ($1.7b) | ($2.7b) | ($2.5b) | $80.3m | $229.0m | |
| Additional Paid in Capital, Common Stock | $713.3m | $1.0b | $1.3b | $1.3b | $113.6m | $354.6m | |
| Common stock | $595.1m | $1.2b | $1.2b | $1.2b | $20.0m | $352.6m | |
| Treasury stock, at cost- 92,500 common shares at December 31, 2024 and 2023 | ($3.0m) | ($3.0m) | ($3.0m) | ($3.0m) | ($3.0m) | ($3.0m) | |
| Stockholders' Equity Attributable to Parent | $600.1m | $491.3m | ($208.3m) | ($59.4m) | $210.9m | $933.3m | |
| Stockholders' Equity Attributable to Noncontrolling Interest | — | — | — | — | $5.1m | $54.6m | |
| Noncontrolling interests | — | — | — | — | $5.1m | $54.6m | |
| Liabilities and Equity | $4.8b | $5.7b | $5.8b | $6.7b | $6.8b | $8.1b | |
| Total liabilities and shareholders' equity (deficit) | $4.8b | $5.7b | $5.8b | $6.7b | $6.8b | $8.1b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.