Japanese multinational group Aeon will integrate pharmacy chain Tsuruha as a consolidated subsidiary, giving Aeon greater retail market reach. This consolidation move allows Aeon to enter the pharmacy market vigorously, marrying Tsuruha's widespread presence with Aeon's retail clout. The exact dates and details of the consolidation are yet to be announced.

In Japan, vertical integration, like the one seen in this consolidation, strengthens companies' market shares and offers consumers a broader range of services. The move is expected to stimulate Japan's retail and pharmacy markets significantly. It's a reflection of the shift towards more comprehensive, one-stop-shop retail experiences, a trend currently evident in country’s market.

Similar consolidation moves are quite common in the US or EU, particularly in the retail sector where companies are vying for more comprehensive market coverage. Pharmacy chains, supermarkets, and big box retailers often integrate in an attempt to offer customers a one-stop shopping experience, hoping to capture increased consumer spending.