Japanese drugstore giant's net profit fell by 40%, will digital transformation be help?
Synopsis · The history of Japanese drugstores · Main sales channels of Japanese drugstores · Japanese e-commerce development will usher in an outbreak period · The transformation of Japanese drugstores Japan had the highest density of pharmacists and drugstores among the Organization for Economic Co-operation and Development countries. Japan is the first country that make the “pharmacists and drugstores” written as a separate category in the law. In addition , pharmaceutical products are provided into three categories in Japan and the Pharmaceutical Affairs Act defines it as "outside pharmaceuticals". For a more precise definition, "medicated cosmetics." In recent years, as the life improved, the demands for pharmacy increased. Before the COVID-19 epidemic, drugstores are the “have-to-go place”. Due to their advantages in price, service, and convenience, drugstores are not only popular among foreign visitors, but also local consumers. And the d...