Welcia Holdings stock leaves Tokyo market after merger

Welcia Holdings stock left the Tokyo Stock Exchange Prime Market on November 27, 2025, after the company's integration with Tsuruha Holdings. The change defines the investment story on October 7, 2026: Welcia continues as a major Japanese drugstore operator, but its former public-market quotation is no longer the central measure of the business.

Delisting followed the integration

According to Welcia Holdings, its shares were delisted from the Tokyo Stock Exchange Prime Market on November 27, 2025, as part of the management integration with Tsuruha Holdings. The company's investor-relations page now presents the listed period as completed and continues to publish corporate information.

The corporate structure matters because a Tokyo stock quote, daily change, volume and market capitalization no longer provide a live public-market frame for Welcia Holdings. The relevant indicators are operating scale, earnings quality and the group's role within the Aeon health and wellness network.

Revenue grew as profit contracted

For fiscal 2025, revenue reached JPY 1.29 trillion, an increase of 5.6 percent from the prior year, according to Yuhodb. Operating profit was JPY 36.4 billion, down from JPY 43.2 billion in fiscal 2024, while net income declined to JPY 15.0 billion from JPY 26.5 billion.

That combination gives the business a clear tension: sales expanded, but the profit base weakened. Operating cash flow was JPY 47.8 billion in fiscal 2025, compared with JPY 46.5 billion a year earlier, providing a stronger cash-flow comparison than the net-income trend.

Digital health becomes a group link

On September 24, 2026, MANTANWEB reported that Welcia added Aeon's Karasapo health service to the Welcia Group app. The service offers meal records, health advice and recipe suggestions, extending Welcia's pharmacy and counseling model into a digital customer touchpoint.

For the former listed company, this is an operating signal rather than a share-price catalyst. The business model combines prescription services, counseling, late-night retail and nursing care, while the app connection links store-based interaction with Aeon's wider health strategy.

Welcia operates beyond public trading

Welcia Holdings Co., Ltd. remains an operating company with fiscal 2025 revenue of JPY 1.29 trillion and 16,611 employees. Its public-market chapter ended on November 27, 2025, while the September 24, 2026 app initiative shows where management is building customer access after the merger.

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