Welcia Holdings
Japanese holding company of the Welcia drugstore and pharmacy group, delisted from the Tokyo Stock Exchange Prime Market in November 2025 following a business integration with Tsuruha Holdings.
Last updated September 15, 2026
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Overview
Welcia Holdings is a Japanese holding company whose stated purpose is to provide customers with a richer social life and healthy living. It was established in September 2008 as Growell Holdings Co., Ltd. and renamed Welcia Holdings Co., Ltd. in September 2012. Its shares were delisted from the Tokyo Stock Exchange Prime Market on 27 November 2025 in connection with a business integration with Tsuruha Holdings Inc. The group includes operating companies such as Welcia Yakkyoku, Shimizu Yakuhin, Marudai Sakurai Yakkyoku, Yodoya, Kusuri no Marue, Ppure Himawari, Kokumin, Fuku Yakuhin, Welpark, MASAYA, Exchange, Welcia Partners, Welcia Oasis and Welcia Care Transport.
History
Welcia Holdings was established in September 2008 as Growell Holdings Co., Ltd. In November 2008, Welcia Kanto Co., Ltd. made Terashima Yakkyoku Co., Ltd. a subsidiary through a tender offer. In March 2010, Eleven Co., Ltd. became a subsidiary through a share exchange. In April 2012, the company was designated on the First Section of the Tokyo Stock Exchange. In September 2012, it changed its name to Welcia Holdings Co., Ltd.; Drug Fujii Co., Ltd. became a subsidiary through a share exchange, Welcia Kanto absorbed Drug Fujii, and Eleven changed its name to Welcia Kansai Co., Ltd. In March 2013, the drugstore business of Terashima Yakkyoku was integrated into Welcia Kanto through a company split. In March 2014, Welcia Kyoto Co., Ltd. became a subsidiary; in May 2014, Terashima Yakkyoku changed its name to Welcia Kaigo Service Co., Ltd.; and in September 2014, Welcia Kanto absorbed Takada Yakkyoku, Welcia Kansai and Welcia Kyoto and changed its name to Welcia Yakkyoku Co., Ltd. In November 2014, a tender offer by AEON Co., Ltd. made the company a consolidated subsidiary of AEON. In March 2015, Takiya Co., Ltd. and Shimizu Yakuhin Co., Ltd. became subsidiaries through share exchanges, and in September 2015 CFS Corporation became a subsidiary through a share exchange. In December 2015, Welcia Yakkyoku absorbed Takiya. In February 2016, Welcia Yakkyoku made Nihonbashi Pharma Co., Ltd. and Weltec Co., Ltd. subsidiaries through share acquisitions; in March 2016 Weltec changed its name to B.B.ON Co., Ltd.; in September 2016 Welcia Yakkyoku absorbed CFS Corporation; and in June 2017 Welcia Yakkyoku absorbed Nihonbashi Pharma. In September 2017, Marudai Sakurai Yakkyoku Co., Ltd. became a subsidiary; in March 2018, Ippondo Co., Ltd. became a subsidiary; and in December 2018, MASAYA Co., Ltd. became a subsidiary. In March 2019, Welcia Yakkyoku absorbed Ippondo; in June 2019, Kanemitsu Yakuhin Co., Ltd. became a subsidiary; in March 2020, Yodoya Co., Ltd. became a subsidiary; in June 2020, Kusuri no Marue Co., Ltd. became a subsidiary; and in July 2020, Neopharma Co., Ltd. and Summit Co., Ltd. became subsidiaries. In March 2021, Welcia Yakkyoku absorbed Neopharma and Summit; in December 2021, Ppure Himawari Co., Ltd. became a subsidiary; in June 2022, Welcia Yakkyoku absorbed Kanemitsu Yakuhin and Kokumin Co., Ltd. became a subsidiary; and in December 2022, Fuku Yakuhin Co., Ltd. became a subsidiary. In March 2024, Exchange Co., Ltd. became a subsidiary; in June 2024, Towoshiya Yakkyoku Co., Ltd. became a subsidiary; in September 2024, Welcia Yakkyoku absorbed Towoshiya Yakkyoku and Welpark Co., Ltd. became a subsidiary; in October 2024, Welcia Partners Co., Ltd. became a subsidiary and Welcia Care Transport Co., Ltd. was established. In December 2025, through a share exchange with Tsuruha Holdings Inc., the company became a subsidiary of that company. Its shares were delisted from the Tokyo Stock Exchange Prime Market on 27 November 2025.
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