Aisei Pharmacy
Aisei Pharmacy is a Japanese dispensing pharmacy group operating a nationwide chain of community pharmacies and related health services.
Last updated September 16, 2026
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Overview
Aisei Pharmacy (アイセイ薬局) is a Japanese dispensing pharmacy group. Its first pharmacy opened in Ichikawa, Chiba Prefecture in September 1984, and the company was established as a limited company in August 1987. It later became a stock company, expanded across Japan, and was listed on the Osaka Securities Exchange (now Tokyo Stock Exchange) JASDAQ Standard market in December 2011 before being delisted in 2016 after a tender offer by Aisei Holdings. The group operates dispensing pharmacies and offers services such as online medication guidance, pharmacist home-visit services, health support pharmacies, and community cooperation pharmacies. It also runs the health information website HELiCO and the private brand KuSu.
History
Aisei Pharmacy's first pharmacy opened in Ichikawa, Chiba Prefecture in September 1984. In August 1987, Yugen Kaisha Aisei Pharmacy was established. In November 1997, it was reorganized into Kabushiki Kaisha Aisei Pharmacy. In August 2000, Elst Pharma Co., Ltd. was established. In May 2001, the Kansai branch (now Kinki East/West branches) was opened, and in April 2002 the Tokai office (now Tokai 1st/2nd branches) was opened. In July 2004, the company name of Kabushiki Kaisha Aisei Pharmacy was changed to Kabushiki Kaisha Aiseikai, and Elst Pharma's name was changed to Kabushiki Kaisha Aisei Pharmacy; in August 2004, Nihon Iryo Service Co., Ltd. was established. In April 2007, the group reached 100 dispensing pharmacies. In February 2008, the Sendai office (now Tohoku branch) was opened. In August 2010, the head office was relocated to Marunouchi. In April 2011, the Kita-Kanto branch was opened, and in September 2011 the group reached 200 dispensing pharmacies. In December 2011, shares were listed on the Osaka Securities Exchange (now Tokyo Stock Exchange) JASDAQ Standard market. In August 2014, the group reached 300 dispensing pharmacies. In October 2015, AXIS Co., Ltd. was established. In May 2016, a tender offer by Aisei Holdings Co., Ltd. (established by an investment fund managed by J-STAR Co., Ltd.) succeeded, making the company a subsidiary and delisting it; in October 2016, it merged with parent Aisei Holdings, and the surviving company Aisei Holdings changed its name to Aisei Pharmacy Co., Ltd. In November 2017, Aisei Holdings Co., Ltd. was newly established, and in December 2017 it acquired all shares of Aisei Pharmacy Co., Ltd., making it a wholly owned subsidiary. In November 2019, A&M Co., Ltd. was established. In January 2020, Kato Co., Ltd. became a wholly owned subsidiary, and in April 2021 Izumi Co., Ltd. became a wholly owned subsidiary. In June 2023, the group reached 400 dispensing pharmacies. In September 2024, it marked its 40th anniversary since founding. In April 2025, two group dispensing pharmacy subsidiaries (A&M and Kato) were absorbed through merger. In April 2026, it succeeded the dispensing pharmacy business from Izumi Co., Ltd. through an absorption-type split.
Products and positioning
A community-oriented dispensing pharmacy group providing health information and services under the concept of supporting everyday health.
HELiCO
Aisei Pharmacy's original health information website themed on prevention and pre-symptomatic care.
KuSu
A private brand described as a health design brand delivering safe, high-function products.
Health Graphic Magazine
A quarterly free paper focusing on one symptom per issue, explained by doctors and specialists.
Sources5 sources
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