TSURUHA Holdings Announces Change in Shareholder Structure with AEON

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

TSURUHA Holdings Inc. announced a significant change in its shareholder structure as AEON Co., Ltd., previously its major and largest shareholder, has now become an affiliated company. This change follows a definitive capital and business alliance agreement involving AEON, TSURUHA, and Welcia Holdings Co., Ltd., which includes a business integration between TSURUHA and Welcia. AEON’s acquisition of additional shares has increased its voting rights to 27.13%, impacting TSURUHA’s corporate governance and potentially its strategic direction, reflecting a strengthened partnership that could influence market dynamics and stakeholder interests.

The most recent analyst rating on (JP:3391) stock is a Hold with a Yen8920.00 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 in the retail industry, focusing primarily on the management of drugstores and pharmacies. The company is known for its extensive network of stores across Japan, offering a wide range of health and beauty products, pharmaceuticals, and daily necessities.

Average Trading Volume: 285,654

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen544.4B

See more data about 3391 stock on TipRanks’ Stock Analysis page.