TOKYO, JAPAN, 2015-9-3 — /EPR Retail News/ — Three F Co.,Ltd. and Lawson, Inc. have decided to begin discussing options for forming a capital and business alliance between their two firms.
- The two companies have already introduced various developments of their own to help stay abreast of rapidly changing conditions in the convenience store industry. However, they have decided to start discussing a potential capital and business alliance to further strengthen their respective business management.Three F and Lawson aim to form a strategic partnership to help boost their convenience store operations in an extremely competitive environment. While both parties will maintain independent management and protect their individual corporate brands and culture, they would conduct joint product development, procurement and promotional campaigns, and also share information that could boost management efficiency.
Both companies are determined to discuss ideas frankly and openly, with the aim of creating a concrete, workable alliance agreement. Further developments will be announced once they are finalized.
Overview of Three F Co.,Ltd. F and Lawson, Inc.
― Three F Co.,Ltd.
(1)Company name： Three F Co.,Ltd.
(2)Business location： 17 Nihon-odori, Naka-ku, Yokohama-city, Kanagawa
(3)Name and title of representative director： Katsutoshi Nakai, President, Representative Director
(4)Main areas of business operation：Operation and support for franchisees of convenience stores
(5)Capital：1,396 million yen
(6)Established： February 10, 1981
― Lawson, Inc.
(1)Company name： Lawson, Inc.
(2)Business location： East Tower, Gate City Osaki, 1-11-2 Osaki, Shinagawa-ku, Tokyo
(3)Name and title of representative director： Genichi Tamatsuka, President and CEO, Representative Director
(4)Main areas of business operation： Development of the Lawson convenience store franchise chain
(5)Capital： 58,506 million yen
(6)Established： April 15, 1975
- Tentative upcoming schedule
(1)By the end of September 2015 ： Sign basic agreement for a capital and business alliance (2)By the end of October 2015 ： Sign capital and business alliance contract (3)November 2015 ： Start introducing joint projects