Fundraising Fox

SALOWIN

Acquired

Tokyo, JP · 3 known investors

SALOWIN operates share-salon services for freelance beauty professionals such as hairstylists, eyelash artists, and nail technicians, offering private and premium booth-style salon spaces. It also provides support services for opening and franchising small beauty salons in Japan.

Also known as Salowin Co., Ltd. · SALOWINシェアサロン · サロウィン株式会社

Founders & leadership

TA
Tomoya AbeRepresentative (代表者)

Investors · 3

Company profile

researched Aug 2026

Salowin Co., Ltd. (サロウィン株式会社) operates the SALOWIN network of "share salons" in Japan — facilities where every seat is rented to freelance hairstylists rather than employed staff. Members are provided styling stations, shampoo bowls, dryers, irons, lockers and consumables, with semi-private booth layouts, generally 24-hour access (some locations follow building hours), and 80% of technical service revenue returned to the stylist. Supporting services include discounted materials, in-house payment handling, member-only training video content, roughly monthly head-office seminars, tax-accountant referrals, and handling of invoice-system obligations on the stylist's behalf, since the contract is between the company and the individual stylist.

Beyond seat rental, the company sells salon-development products to salon owners. "ALL SHARE" covers property sourcing, interior construction, pre-opening operations setup (POS, Wi-Fi), discounted material purchasing through the company's scale, and sale-leaseback of existing interiors and deposits, in a Primary variant (building a salon from scratch with zero initial cost to the owner) and a Secondary variant (taking over existing fitted-out salon premises). A "SALOWIN Partner" scheme lets third parties become share-salon business owners with no initial cost and no operational work, described by the company as distinct from franchising. The group has also expanded into nail and eyelash categories via subsidiary WBP, operator of the SALON VILLAGE complex beauty share salons.

The company positions its mission around the structural problems of the beauty profession in Japan — low average income relative to skill, long training periods, opaque compensation, limited working-style options, and heavy capital risk on independence — and aims to supply the infrastructure (store development, customer acquisition, accounting, contracts) so beauty professionals can focus on client work.

Founding story

Salowin was established in July 2019 by Tomoya Abe, who had previously worked at Seven-Eleven Japan, Atelier Haruka and Samurai, and who launched the company together with Yasunari Shibata, founder of Samurai and current head of Solaseed Startups. Abe's stated starting point was his time at Atelier Haruka, which runs hair, hair-and-makeup and nail salons, where he observed that hairstylists' skill and client trust were not fairly rewarded, citing long training periods, opaque compensation, restricted working-style choices, and the large capital outlay and management risk required to go independent. The company was framed around building a society where hairstylists are fairly compensated for their skill and time.

Business model

Recurring monthly fees plus revenue share from freelance stylists using SALOWIN locations, alongside B2B salon-development services for salon owners. Membership plans (as listed on the company site): Standard at ¥50,000/month with a 20% revenue share; Boost at ¥80,000/month with 20% and inclusion in customer-acquisition media; Suite from ¥140,000/month with a 10% share and a dedicated station; and a weekday-only plan at ¥20,000/month with 20%. Options include a ¥30,000 media-listing option and seat-occupancy options from ¥20,000. A one-time ¥20,000 (pre-tax) contract administration fee is the only stated initial cost, and stylist payouts are settled month-end with payment the following month-end.

Fixed monthly plan fees combined with a percentage of each stylist's sales (10–20% depending on plan), option fees, and fees from ALL SHARE salon-opening/development services and partner arrangements; ancillary revenue from material supply and referred services.

Traction

Company materials state that more than 50 hairstylists per month go freelance with SALOWIN, and the Series D announcement cited about 150 stores nationwide and 1,500 stylists using the service. The store directory lists roughly 90 locations across Tokyo, Saitama, Chiba and Kanagawa. Cumulative disclosed capital raised reached about ¥8.8 billion, and the company is capitalised at ¥100,000,000. Staff count is listed at 50 members with 23 open roles.

Latest developments

In June 2026 Salowin became a 100% subsidiary of Hulic Co., Ltd. and joined the Hulic group, with Tomoya Abe continuing to lead the company. Around the same period the president was profiled in WWDJAPAN Digital (July 2026) and HOT PEPPER Beauty Academy (August 2026), and the company continued to run regional technical and management seminars, including a Sapporo bleach/straightening seminar scheduled for September 2026 and a Tokyo salon-management session with fifth's Kimura. Corporate development in the preceding year included the X.Fund salon M&A joint venture with fifth group and the Reco share-salon business transfer.

Full profile — market position, technology, go-to-market, geography, history

Market position

One of the larger share-salon operators in Japan's beauty sector, reported at about 150 locations and roughly 1,500 stylists at the time of its Series D, and consolidating the segment through the WBP and Reco transactions. The acquisition by Hulic was characterised by a former investor as a notably large exit in the history of Japanese startups.

Whole-facility share-salon model in which all seats are let to freelancers — contrasted by the company with mensakashi (single-chair rental), rental salons and mirror rental, which sublet spare chairs in a conventional salon — giving purpose-built storage, station design and support. Other stated points of difference: an 80% technical-revenue return described as an industry-leading level, semi-private booths at all seats, Suite plans with an exclusive station and shampoo bowl, largely 24-hour access, minimal initial cost, materials at up to 60% off, three free lockers, station-adjacent locations, and adjacent services (career support, salon opening finance-free schemes) that few pure seat-rental operators bundle.

Technology

The offering is primarily physical infrastructure and operational systems rather than software: online contracting, multi-method in-store payment acceptance (cash, credit and debit cards, PayPay and other mobile wallets, ID and transit e-money), a member-only online lesson video library, and centralised procurement and back-office handling including invoice-system compliance.

Go-to-market

Direct acquisition through salon tours/visits booked on the website and an official LINE account, plus content marketing (guides, case-study interviews with salon owners), regional technical and management seminars in cities such as Sapporo, Fukuoka, Kagoshima and Tokyo, joint events with salon groups such as fifth, and executive media appearances (HOT PEPPER Beauty Academy, WWDJAPAN Digital). Growth also comes inorganically through acquisitions of other share-salon operators.

Freelance hairstylists — including those newly leaving employment — plus nail and eyelash professionals; and salon owners or prospective owners seeking to open or expand salons with limited upfront capital, including first-time and multi-unit operators.

Geography

Japan-focused. The store directory lists a heavy concentration in Tokyo (Shibuya, Harajuku/Omotesando, Shinjuku, Ginza, Ikebueukuro, Kichijoji, Machida, Jiyugaoka, Nakameguro, Ebisu, Shimokitazawa, Ueno, Tachikawa, Hachioji, Kita-Senju, Akabane, Futako-Tamagawa, Chofu, Kinshicho and others), with additional locations in Saitama (Omiya, Urawa, Kawagoe), Chiba (Chiba, Kashiwa, Funabashi) and Kanagawa (Yokosuka-Chuo, Chigasaki). Inquiry forms cover Tokyo; Saitama/Kanagawa/Chiba; Gunma/Tochigi/Ibaraki; Hokkaido/Tohoku/Hokuriku; Chubu; Kansai; and Chugoku/Kyushu/Okinawa. ALL SHARE states openings are possible anywhere in Japan, and the Reco acquisition targets further expansion in the Fukuoka area.

History

Founded July 2019 in Tokyo, the company raised institutional capital from 2021 onward, with Nissay Capital investing more than ¥1 billion in total across Series B and Series C as lead investor. It closed a Series D of about ¥5.2 billion (approximately ¥2.5 billion in equity plus about ¥2.7 billion of debt), bringing cumulative funding to about ¥8.8 billion. It acquired all shares of WBP, operator of the SALON VILLAGE beauty share salons, effective 1 April 2025, extending into nail and eyelash services; agreed in June 2025 to take over the share-salon business of Reco Co., Ltd., which runs the independence-support share salon Reco with a base in the Fukuoka area; and in September 2025 agreed with fifth group to establish X.Fund, a joint venture for hair-salon M&A. In June 2026 the company announced it had become a wholly owned subsidiary of Hulic Co., Ltd., with Abe remaining as representative director and president; a former lead investor noted the deal followed a shift in strategy from an IPO plan to M&A.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Contract administration fee (initial cost)Jan 202620,000 JPY
Cumulative capital raisedJan 2025$8.8B
Employees (listed members)Jan 202650 people
Hairstylists using the serviceJan 20251,500 stylists
Locations (stores) nationwideJan 2025150 stores
Paid-in capitalJan 2026$100M
Series B and Series C investment by Nissay Capital (lead)Jun 2026over 1 billion yen in total across Series B and Series C
Series D debt financingJan 20252,700,000,000 JPY
Series D equity (third-party allotment)Jan 20252,500,000,000 JPY
Series D total (equity + debt)Jan 20255,200,000,000 JPY
Standard plan monthly feeJan 202650,000 JPY/month
Stylists going freelance with SALOWIN per monthJan 202650 stylists/month
Technical revenue returned to stylistJan 202680%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 9

launches, deals, and filings
Aug 2026
President Abe interviewed by HOT PEPPER Beauty Academy

source ↗

Aug 2026
Sapporo seminar announced on bleach and hair straightening (14 September)

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Jul 2026
President Abe interviewed by WWDJAPAN Digital

source ↗

Jun 2026
Salowin becomes a wholly owned subsidiary of Hulic Co., Ltd.

Salowin announced it had become a 100% subsidiary of Hulic Co., Ltd. (president Takaya Maeda) and joined the Hulic group; Tomoya Abe remains representative director and president. A former lead investor described it as a large-scale acquisition and noted a shift from an IPO plan to M&A.

source ↗

Feb 2026
Tokyo salon-management seminar and talk session with fifth's Kimura and SALOWIN's Abe (16 March)

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Sep 2025
Agreement with fifth group to establish salon M&A joint venture X.Fund

Salowin and fifth group agreed to set up X.Fund, a joint venture for hair-salon M&A.

source ↗

Jul 2025
Acquisition of Reco Co., Ltd.'s share-salon business

Salowin decided to take over the share-salon business of Reco Co., Ltd., operator of the independence-support share salon Reco for hairstylists, signing the definitive agreement in June 2025; the deal is aimed at further openings and service expansion in the Fukuoka area.

source ↗

Apr 2025
WBP Inc., operator of SALON VILLAGE, made a wholly owned subsidiary

Salowin acquired all shares of WBP Inc., which operates the SALON VILLAGE complex beauty share salons, effective 1 April 2025, strengthening its nail and eyelash offerings.

source ↗

Jan 2025
Series D of approximately 5.2 billion yen closed

Salowin closed a Series D consisting of about 2.5 billion yen in equity via third-party allotment plus about 2.7 billion yen in debt financing, for roughly 5.2 billion yen total, taking cumulative funding to about 8.8 billion yen. At the time the company reported about 150 stores and 1,500 stylists.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does SALOWIN do?
Japanese operator of SALOWIN share salons for freelance beauty professionals, plus salon-opening services; now a Hulic subsidiary.
Who are SALOWIN's investors?
SALOWIN's investors include Colopl Next, Hulic Startup, Sumisho Venture Partners.
Where is SALOWIN headquartered?
SALOWIN is headquartered in Tokyo, JP.