Mirai Clinical Shark Tank Update | Season 16
Koko Hayashi pitched Mirai Clinical’s persimmon-based body care on Shark Tank Season 16. Did she land a deal? Here’s what happened after the show.
Tired of chemical-laden soaps that promise revitalized skin but deliver disappointment? Mirai Clinical offers a natural alternative, utilizing a traditional Japanese ingredient to combat aging-related body odor.
Founder Koko Hayashi believed that investing in her business was a great idea. Firstly, because it had strong sales, and secondly, because not many companies were focusing on the issue she was: the “nonenal smell.”
Would the sharks find potential in her line of products?
About Mirai Clinical
| Category | Details |
| Founder | Koko Hayashi |
| Product Type | Natural body care products |
| Funding (Pre-Shark Tank) | Self-funded |
| Investment Asked | $500,000 |
| Equity Offered | 5% |
Mirai Clinical Pitch
It is Koko Hayashi’s second time coming to the tank. Last time, she came to pitch a yoga company, but she didn’t have any luck securing an investment. However, the entrepreneur once again returned, this time with a new venture: Mirai Clinical.
She explained to the sharks that nonenal body odor is the reason behind that distinct “old person smell.” She revealed the secret that most Japanese people use to fight this odor: one of the tastiest fruits, persimmon. This fruit helps eliminate stubborn body odor.
She uses this natural ingredient to make body care products. Mirai Clinical offers Body Wash, Deodorizing Soap, Body Wipes, Natural Deodorant, and more.
Mirai Clinical reported lifetime sales of $8.7 million. Although they projected $4 million in revenue for the current year, unforeseen circumstances, including a robbery, impacted their performance. Nevertheless, they achieved $2.2 million in sales last year, yielding a net profit of $250,000.
The flagship Persimmon Soap Bar accounts for 53% of total sales. Its production cost is $1.85. While the retail price of $17.97. Mirai Clinical’s return on ad spend is currently 2.5%
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What Makes Mirai Clinical Unique?
The brand Mirai Clinical is based on Japanese skincare traditions. They make amazing products using natural ingredients.
These are some of the unique features of their products:
- Targets aging-related body odor (Nonenal)
- Uses Japanese persimmon extract
- Inspired by traditional Japanese skincare
- No sulfates, parabens, or synthetic fragrances
- Cruelty-free and unisex products
- Natural ingredients + modern science
- Clinically tested for effectiveness
Did Mirai Clinical Get a Deal on Shark Tank?
Entrepreneur Koko Hayashi shared everything about her new business. After that, the sharks shared their views:
- Robert and Lori both opted out of investing, as the product does not meet their criteria.
- According to Barbara, this product is trying to solve a problem that doesn’t even exist. She added that she married an old man who smells perfect.
- Shark Kevin O’Leary felt the valuation was not reasonable. Mark also refrained from offering any deals.
The entrepreneur went back without any investments from the sharks. She said she was shocked, as she believed she had great numbers. However, she was also proud of her pitch.
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What Happened to Mirai Clinical After Shark Tank?
Mirai Clinical went on Shark Tank but didn’t get a deal. After the show, lots more people knew about their products. These products use Japanese stuff to help with body odor as people get older. Now, many people buy their soaps and washes online. Customers seem happy with how well they work. The company keeps selling online and is known for this specific type of natural body care.
Where Can You Buy It?
The company sells its products 100% online. You can purchase them from their official website. Mirai Clinical’s line of products is also available on Amazon.
Quick Summary
- Koko Hayashi pitched her natural body care products. Her company is called Mirai Clinical.
- Mirai Clinical uses persimmon fruit for its odor-eliminating properties. Their main goal is to fight the “nonenal smell” that develops as we age.
- Unfortunately, entrepreneur Koko could not secure any deals on Shark Tank.
