Welcia Holdings Co., Ltd. (TSE:3141) agreed to acquire drugstore business from Juntendo Co.,Ltd. (TSE:9835) on December 17, 2018. The drugstore business comprises of 7 stores under the name Sundays. The drugstore business reported sales of ¥1.6 billion for the year ended on February 28, 2018.

The transaction is expected to complete on February 28, 2019.