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Aeon to take drugstore chain CFS under its wings

TOKYO, Japan - Aeon Co. President Motoya Okada (R) and CFS Corp. Chairman and President Kenji Ishida pose for photographers at a news conference in Tokyo on March 17 after the two companies announced that Aeon will raise its equity stake in CFS, a drugstore chain, to a maximum of 33.3 percent from the current 15 percent, effectively taking CFS under its wings.

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Drugstores CFS, Ain Pharmaciez announce merger

TOKYO, Japan - Kenji Ishida (L), chairman and president of CFS Corp., and Kiichi Otani, president of Ain Pharmaciez Inc., pose for photographers at a news conference in Tokyo on Oct. 5. The two companies said they will merge their operations under a joint holding company next April, creating the nation's second-largest drugstore chain after Matsumotokiyoshi Holdings Co.

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Daiei to tie up with drug store chain CFS

TOKYO, Japan - Daiei Inc. President Yasuyuki Higuchi (L) and CFS Corp. President Yukimasa Yoneda pose for photos after announcing an alliance at a press conference in Tokyo on Sept. 8. The five-year alliance with the operator of the ''HAC Drug'' chain marks Daiei's first partnership with another company after it began business rehabilitation under the auspices of the Industrial Revitalization Corp. of Japan.

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Drugstores CFS, Ain Pharmaciez announce merger

TOKYO, Japan - Kenji Ishida (L), chairman and president of CFS Corp., and Kiichi Otani, president of Ain Pharmaciez Inc., pose for photographers at a news conference in Tokyo on Oct. 5. The two companies said they will merge their operations under a joint holding company next April, creating the nation's second-largest drugstore chain after Matsumotokiyoshi Holdings Co. (Kyodo)

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Aeon to take drugstore chain CFS under its wings

TOKYO, Japan - Aeon Co. President Motoya Okada (R) and CFS Corp. Chairman and President Kenji Ishida pose for photographers at a news conference in Tokyo on March 17 after the two companies announced that Aeon will raise its equity stake in CFS, a drugstore chain, to a maximum of 33.3 percent from the current 15 percent, effectively taking CFS under its wings. (Kyodo)

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Daiei to tie up with drug store chain CFS

TOKYO, Japan - Daiei Inc. President Yasuyuki Higuchi (L) and CFS Corp. President Yukimasa Yoneda pose for photos after announcing an alliance at a press conference in Tokyo on Sept. 8. The five-year alliance with the operator of the ''HAC Drug'' chain marks Daiei's first partnership with another company after it began business rehabilitation under the auspices of the Industrial Revitalization Corp. of Japan. (Kyodo)