Financial Wire

Aeon Increases Stake in Tsuruha

-- Aeon (TYO:8267) said it has completed the acquisition of additional shares in drugstore chain operator Tsuruha Holdings (TYO:3391), raising its voting rights to 50.9%, according to a Wednesday filing on the Tokyo Stock Exchange.

The retail company acquired the shares through market purchases after falling short of the threshold in a prior tender offer conducted between December 2025 and January 2026.

Aeon said the move is aimed at strengthening collaboration with Tsuruha to expand into a broader health and wellness business.

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