Alpro Pharmacy Group has signed a new JV agreement with Japan-based Sugi Holdings to introduce new Japanese style drugstores in Malaysia.

The operator of Alpro pharmacies will be opening several Japanese-style drugstores in Malaysia with the aim to enhance
business expansion opportunities for both partners by combining their expertise and resources in the pharmaceutical sector.

Alpro Pharmacy Group Chief Executive Officer, Ph. Low Swee Siong, said, “We are grateful that the partnership with Sugi Holdings has come to fruition a year after we signed the Memorandum of Understanding. By combining our resources, we aim to evolve into a new type of pharmacy that delivers health, trust, security, and safety to Malaysia, Japan, and other
Southeast Asian countries, shaping a brighter future for all.” Representative Director and President of Sugi Holdings Co, Ltd, Katsunori Sugiura, said, “By combining the trust that Alpro Pharmacy has built up in Malaysia and incorporating the latest
trends and products from Sugi Pharmacy in Japan, we aim to do our best to evolve the stores together with Alpro Pharmacy so that we can provide new value and enhanced services to the people of Malaysia. We are committed to expanding this initiative beyond Malaysia and extending its reach to other Southeast Asian countries.”

Alpro Pharmacy and Sugi Holdings have been collaborating to exclusively offer Japanese healthcare and personal care products in Malaysia since 2022. Furthermore, the joint venture is expecting to expand the drugstore business across Southeast Asia, bringing Japanese-style drugstores to countries such as Brunei, Singapore, and Indonesia.

Sugi Holdings Co., Ltd., headquartered in Anjo City, Aichi Prefecture, Japan, is a Japan-based company specializing in the management and operation of the Sugi Pharmacy Group.