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TSURUHA Holdings ( (JP:3391) ) just unveiled an announcement.
TSURUHA Holdings Inc., AEON Co., Ltd., and WELCIA Holdings Co., Ltd. have entered into a definitive agreement for a capital and business alliance, including the integration of TSURUHA and WELCIA. This alliance aims to address regional disparities in healthcare and increase demand for comprehensive drugstore services in Japan, leveraging economies of scale and combined resources to expand business categories and store networks.
More about TSURUHA Holdings
TSURUHA Holdings Inc. operates in the retail industry, focusing on health and wellness products. The company is known for its drugstore chains offering a wide range of products including pharmaceuticals, cosmetics, and daily necessities. It aims to enhance health and wellness for local and global communities, particularly in the ASEAN region.
YTD Price Performance: 14.47%
Technical Sentiment Signal: Buy
Current Market Cap: $3.34B
Learn more about 3391 stock on TipRanks’ Stock Analysis page.