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TSURUHA Holdings ( (JP:3391) ) has issued an update.
TSURUHA Holdings announced that AEON Co., Ltd., which recently completed a tender offer for TSURUHA’s shares, failed to reach the previously indicated 50.9% voting rights threshold through the offer alone. In response, TSURUHA and AEON have agreed that AEON will purchase additional TSURUHA shares on the market between January 9 and April 30, 2026, until it attains a 50.9% voting rights ratio, setting the stage for AEON to solidify its position as TSURUHA’s parent company and potentially reshape the company’s governance and strategic direction within Japan’s competitive retail and drugstore sector.
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 major drugstore and pharmacy chain in Japan, offering pharmaceuticals, cosmetics, daily necessities and health-related products, primarily through its nationwide retail network. Listed on the Tokyo Stock Exchange Prime Market, the company plays a significant role in Japan’s retail and healthcare-related consumer markets.
Average Trading Volume: 2,010,674
Technical Sentiment Signal: Buy
Current Market Cap: Yen1292.8B
For detailed information about 3391 stock, go to TipRanks’ Stock Analysis page.