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Welcia Holdings Co., Ltd. Enters Capital and Business Alliance with AEON and Tsuruha

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Welcia Holdings Co., Ltd. Enters Capital and Business Alliance with AEON and Tsuruha

Welcia Holdings Co., Ltd. ( (JP:3141) ) has shared an update.

Welcia Holdings Co., Ltd., along with AEON Co., Ltd. and Tsuruha Holdings Inc., has entered into a definitive agreement for a capital and business alliance. This alliance aims to address regional disparities in medical and health services in Japan, particularly in rural areas, by leveraging economies of scale and combining store networks, expertise, and logistics systems. The integration seeks to meet the growing demand for comprehensive drugstore services, including medical and nursing care, by developing new business categories and opening new stores.

More about Welcia Holdings Co., Ltd.

Welcia Holdings Co., Ltd. operates in the retail industry, focusing on health and wellness products, including pre-symptomatic care, disease prevention, and treatment services. The company aims to enhance health and wellness for local and global communities, including the ASEAN region.

YTD Price Performance: 13.39%

Average Trading Volume: 841,088

Technical Sentiment Signal: Buy

Current Market Cap: Yen464.9B

Learn more about 3141 stock on TipRanks’ Stock Analysis page.

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