Japanese drugstores speed up merger in bid to be Asian leader

Welcia and Tsuruha unite with goal of gaining scale to push into other markets

20250411 Tsuruha and Welcia

Japanese drugstore companies Welcia and Tsuraha are pressing ahead with their planned merger, aimed at creating Asia's leading chain. (Source photos by Nikkei)

YURIKA YONEDA

April 11, 2025 15:59 JST

TOKYO -- Japan's top two drugstore chains are in final negotiations to speed up their integration to become one of Asia's largest such retailers, Nikkei has learned.

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