MIGALO HOLDINGS Inc. (TSE:5535) operates as a holding company primarily engaged in the beauty and health business in Japan. The company, through its subsidiaries, develops, manufactures, and sells cosmetics and quasi-drugs, including hair care products such as shampoos, conditioners, and treatments under the MIGALO brand; scalp care items like lotions and essences; and body care solutions encompassing lotions, creams, and massage oils. It also provides beauty salon services, including hair coloring, perming, and styling, alongside retail sales through specialized stores and online platforms targeting individual consumers and professional salons nationwide. Founded in 1985 and headquartered in Tokyo, Japan, MIGALO HOLDINGS maintains operations exclusively within the domestic Japanese market, focusing on the personal care and beauty services segments. In recent developments, the company has expanded its product portfolio with new scalp treatment launches in 2024 and strengthened its retail network through additional store openings in key urban areas, reflecting ongoing strategic growth in the competitive beauty sector.