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AEON to Become Parent Company of TSURUHA Holdings After Successful Tender Offer

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AEON to Become Parent Company of TSURUHA Holdings After Successful Tender Offer

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TSURUHA Holdings ( (JP:3391) ) has shared an update.

TSURUHA Holdings announced that AEON Co., Ltd. has successfully completed a tender offer for its common shares, with 40,727,772 shares tendered, and will purchase all tendered shares as this figure is below the maximum intended acquisition. Following settlement on January 14, 2026, AEON’s voting rights in TSURUHA will exceed 50%, shifting its status from an affiliated company to the new parent company, reinforcing AEON’s control within Japan’s retail and drugstore sector and likely deepening existing business collaboration between the two groups.

The most recent analyst rating on (JP:3391) stock is a Hold with a Yen2700.00 price target. To see the full list of analyst forecasts on TSURUHA Holdings stock, see the JP:3391 Stock Forecast page.

More about TSURUHA Holdings

TSURUHA Holdings Inc. operates a nationwide chain of drugstores in Japan, selling pharmaceuticals, cosmetics, daily necessities and other household goods, with a focus on retail distribution to consumers. The company is listed on the Tokyo Stock Exchange Prime Market and has been part of the broader retail ecosystem through a business alliance with AEON Co., Ltd., which already held a significant equity stake and engaged in financial and merchandise transactions with the AEON Group.

Average Trading Volume: 2,010,674

Technical Sentiment Signal: Buy

Current Market Cap: Yen1292.8B

Find detailed analytics on 3391 stock on TipRanks’ Stock Analysis page.

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