MEDIROM Healthcare Technologies Inc. Partners with World Network for Human Verification Initiative
In a groundbreaking move, MEDIROM Healthcare Technologies Inc., a Japanese-based company specializing in holistic health services, has announced a strategic partnership with Hakuhodo Inc. to join the World Network. This initiative, co-founded by OpenAI creator Sam Altman, aims to address the growing challenge of distinguishing between humans and AI in the digital age.
Strategic Partnership and Technological Integration
MEDIROM, listed on the Nasdaq under the ticker MRM, is set to install “Orb” verification devices in 100 of its Re.Ra.Ku relaxation salons by December 2025. This collaboration is part of a broader effort to issue 500,000 new World IDs annually, supporting the World protocol’s mission to verify human authenticity while maintaining privacy. The World ID system, developed by Tools for Humanity (TFH), utilizes advanced camera technology to ensure secure and private human verification.
Company Overview and Market Position
MEDIROM operates over 300 relaxation salons nationwide and is a preferred platform partner for large consumer brands, healthcare service providers, and government entities. The company’s operations span relaxation salons and a digital preventative healthcare segment, aiming to produce positive health outcomes. As of August 5, 2025, MEDIROM’s stock closed at $1.27, with a market capitalization of $1.49 billion. The company’s 52-week high was $8.39, and its low was $0.34.
Financial and Operational Highlights
- Sector: Consumer Discretionary
- Primary Exchange: Nasdaq
- Currency: USD
- 52 Weeks High: $8.39 (August 25, 2024)
- 52 Weeks Low: $0.34 (March 30, 2025)
- Market Cap: $1.49 billion
- Price Earnings Ratio: 9.507
This partnership marks a significant step for MEDIROM as it integrates cutting-edge technology into its operations, reinforcing its commitment to innovation and security in the healthcare sector. The company’s proactive approach in adopting the World Network’s verification technology underscores its dedication to enhancing customer trust and safety in an increasingly digital world.