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Sugi Pharmacy's October sales rise 8.9% as merchandise catches up with prescriptions

Sugi Holdings' October sales grew well ahead of Japan's drugstore sector overall, continuing a gap that was already visible when the chain reported its half-year results in October.

Editorial illustration of a drugstore storefront with a pharmacy counter visible through the window, warm colours.
Illustration by floortok.com

Sugi Holdings (スギホールディングス) said sales across its Sugi Pharmacy (スギ薬局) drugstore chain rose 8.9% in October from a year earlier, with existing-store sales up 6.5%, in a monthly sales announcement published November 13. The company opened 13 stores during the month, taking its group store count to 2,629.