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An update from TSURUHA Holdings ( (JP:3391) ) is now available.
TSURUHA Holdings Inc. has announced its decision to make Lady Drug Store Co., Ltd. a wholly-owned subsidiary by acquiring all shares held by FUJI CO., LTD. This move is aimed at enhancing Lady Drug Store’s corporate value through quicker decision-making and increased investments, in response to growing competition in the drug store industry. The acquisition will terminate the existing capital and business alliance with FUJI, although the companies plan to continue cooperating to benefit local communities.
The most recent analyst rating on (JP:3391) stock is a Hold with a Yen2732.00 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 on drug stores that sell pharmaceuticals, health-oriented foods, cosmetics, daily goods, and food products. They also manage dispensaries for prescription drugs and conduct internet mail-order businesses, primarily in the Chugoku and Shikoku regions.
Average Trading Volume: 1,200,678
Technical Sentiment Signal: Buy
Current Market Cap: Yen678.1B
See more insights into 3391 stock on TipRanks’ Stock Analysis page.