An announcement from Welcia Holdings Co., Ltd. ( (JP:3141) ) is now available.
Welcia Holdings Co., Ltd. and Tsuruha Holdings Inc. have entered into a share exchange agreement as part of a business integration plan, making Tsuruha the parent company and Welcia a subsidiary. This integration aims to address challenges in the drugstore industry, such as drug price reductions and rising costs, while promoting equal access to health services and enhancing their market position.
More about Welcia Holdings Co., Ltd.
Welcia Holdings Co., Ltd. operates in the drugstore industry, focusing on providing pharmaceuticals, cosmetics, food, and daily necessities. The company aims to enhance the quality of life and promote healthy lifestyles through its drug stores across Japan, offering services like prescription dispensing, counseling, and late-night services.
YTD Price Performance: 21.76%
Average Trading Volume: 891,001
Technical Sentiment Signal: Sell
Current Market Cap: Yen517.3B
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