Capital and Business Alliance with Lawson and Store Operations Through a Joint Venture
First written in FY2017-Q1. 10 of 21 entries say "Restated". Latest entry: FY2025.
Three F moved to the "Worse" side of this theme in 2025.
1 other company's latest entry also says "Reframed".
- FY2025ReframedAnnual report
「April 2025: Ended the capital and business alliance agreement with Lawson, Inc. and newly entered into a business alliance agreement」
The corporate history states that the capital and business alliance agreement with Lawson was ended and a new business alliance agreement was entered into. The framework of the alliance changed from an alliance including a capital relationship to a business alliance. - FY2024-Q3RestatedAnnual report
「At Lawson Three F, operated by エル・ティー・エフ, average daily sales per store have continued to exceed the previous year and remain strong, supported by the recovery in foot traffic.」
It is stated that operations of Lawson Three F through the joint venture エル・ティー・エフ with Lawson continue, and that average daily sales per store exceed the previous year, supported by the recovery in foot traffic. - FY2024-Q2RestatedAnnual report
「At Lawson Three F, operated by エル・ティー・エフ, average daily sales per store have continued to exceed the previous year and remain strong, supported by the recovery in foot traffic.」
It is stated that operations of Lawson Three F through the joint venture エル・ティー・エフ with Lawson continue, and that average daily sales per store exceed the previous year. - FY2022-Q3RestatedAnnual report
「At Lawson Three F, operated by エル・ティー・エフ, the business environment remains volatile as consumer sentiment changes in response to restrictions on and easing of economic activity.」
Store operations for Lawson Three F through the joint venture エル・ティー・エフ with Lawson continue. - FY2022-Q1RestatedAnnual report
「At Lawson Three F, operated by エル・ティー・エフ, the business environment has remained volatile due to the impact of infectious diseases. Although the state of emergency was lifted in March 2021, another state of emergency was declared from late April of the same year, and priority preventive measures were applied.」
Store operations for Lawson Three F through the joint venture エル・ティー・エフ with Lawson continue. - FY2021RestatedAnnual report
「Our company (Three F Co.,Ltd.) manages and operates the business activities of エル・ティー・エフ, the operator of Lawson Three F convenience stores in Tokyo, Kanagawa, Chiba and Saitama, and supports the development of products sold at Lawson Three F.」
Management of Lawson Three F operations through the joint venture エル・ティー・エフ with Lawson, as well as support for product development, continue. - FY2020-Q3RestatedAnnual report
「At Lawson Three F, operated by エル・ティー・エフ, the number of customers visiting stores increased following the brand conversion. To make the most of this opportunity, we have focused on maintaining and improving conditions inside and outside the stores, particularly by enhancing the product lineup.」
Operations of Lawson Three F through the joint venture エル・ティー・エフ with Lawson, along with efforts to maintain and improve the product lineup and store conditions, continue. - FY2020-Q2RestatedAnnual report
「At Lawson Three F, operated by エル・ティー・エフ, the number of customers visiting stores increased following the brand conversion. To make the most of this opportunity, we have focused on maintaining and improving conditions inside and outside the stores, particularly by enhancing the product lineup.」
Operations of Lawson Three F through the joint venture エル・ティー・エフ with Lawson, along with efforts to maintain and improve the product lineup and store conditions, continue. - FY2020-Q1RestatedAnnual report
「At Lawson Three F, operated by L・T・F, we actively provided franchisees with support for product-assortment expenses and focused on maintaining and improving conditions inside and outside stores, centered on strengthening the assortment, in order to make the most of the increase in customer traffic following the brand conversion.」
Operations of Lawson Three F through the joint venture エル・ティー・エフ with Lawson, along with policies to support franchisees and enhance the product lineup, continue. - FY2019RestatedAnnual report
「At Lawson Three F, operated by L・T・F, our joint venture with Lawson, the fiscal year marked the first consolidated accounting year after the conversion from Three F was largely completed. Accordingly, we set the goal of deepening our understanding of Lawson's operating system while learning from it.」
The policy of expanding Lawson Three F through the joint venture after the brand conversion and deepening Lawson's operating system has been reiterated. - FY2019-Q3RestatedAnnual report
「At L・T・F, our joint venture with Lawson, we advanced the dual-brand Lawson Three F business while deepening our understanding of Lawson's operating system.」
The policy of expanding dual-brand stores through the joint venture with Lawson and deepening Lawson's operating system has been reiterated. - FY2019-Q2AdvancedAnnual report
「At L・T・F, our joint venture with Lawson, we advanced the dual-brand Lawson Three F business while deepening our understanding of Lawson's operating system. During the cumulative period of the second quarter, we established operating standards for Lawson Three F stores based on Lawson's system, with the aim of creating stores where customers could shop comfortably.」
The dual-brand business through the joint venture and the deepening of Lawson's operating system progressed to the concrete stage of establishing store operating standards during the cumulative period of the quarter. - FY2019-Q1AdvancedAnnual report
「Through L・T・F, our joint venture with Lawson, the group has worked to expand the business of the dual-brand Lawson Three F stores while fully mastering Lawson's franchise package and operating system.」
The dual-brand business through the joint venture with Lawson was expanded, and efforts to fully master Lawson's franchise package advanced. In the Tokyo and Kanagawa areas, 63 stores were converted, bringing the total number of stores to 351. - FY2018AdvancedAnnual report
「We transferred shares in L・T・F, the surviving company after the merger, to Lawson so that the ownership ratio would be 51% for the company and 49% for Lawson.」
Regarding the joint-venture operations with Lawson, after the merger of L・T・F and L・TF・PJ, shares were transferred to Lawson on 28 February 2018, bringing the ownership ratio to 51% for the company and 49% for Lawson. - FY2018-Q3AdvancedAnnual report
「As part of this business development, we prepared to convert 60 stores to the “Lawson-Three F” brand by the end of November, while also preparing to withdraw from franchise headquarters operations and reduce headquarters functions through measures including closing stores not subject to conversion and introducing a voluntary retirement program.」
The brand conversion under the alliance with Lawson progressed from 6 stores at the end of August to 60 stores at the end of November, while preparations also advanced for withdrawal from head-office operations. - FY2018-Q2AdvancedAnnual report
「Because L・TF・PJ was newly established during the second quarter consolidated accounting period, it has been included in the scope of consolidation from that period.」
Regarding the alliance and joint-venture operations with Lawson, L・TF・PJ was established to assume 281 stores and was added to the scope of consolidation. - FY2018-Q1AdvancedAnnual report
「At a meeting of the board of directors held on 12 April 2017, the company resolved to transfer 281 of the stores it operates to a newly established company through an incorporation-type company split. The split became effective on 1 June 2017.」
Toward the business integration with Lawson, the incorporation-type company split transferring 281 stores became effective on 1 June 2017, advancing the alliance to the execution stage. - FY2017AdvancedAnnual report
「Under the capital and business alliance agreement signed with Lawson on 13 April 2016, the company and Lawson established L・T・F as a joint venture to conduct business jointly. L・T・F has progressively converted certain stores operating under the Three F brand to the Lawson Three F brand using Lawson's franchise package.」
Following the establishment of the joint venture under the capital and business alliance and the conversion of 89 stores, the joint venture operations and brand conversion progressed to the next contractual stage. - FY2017-Q3AdvancedAnnual report
「In addition, L・T・F, the joint venture established by the company and Lawson on 7 September, renovated and reopened 89 existing Three F stores as dual-brand Lawson Three F stores by the end of November.」
The joint venture with Lawson, L・T・F, was established and progressed to the stage of renovating and reopening 89 stores as dual-brand stores by the end of November. - FY2017-Q2AdvancedAnnual report
「We transferred 30% of the issued shares of the newly established company to Lawson on 7 September 2016.」
The capital and business alliance and joint-venture operating framework with Lawson progressed to the concrete stage of establishing L・T・F and transferring 30% of its shares to Lawson. - FY2017-Q1First statedAnnual report
「Lawson will acquire from our existing shareholders common shares of the company equivalent to a maximum of 5% of the total number of shares issued by the company.」
In addition to Lawson's capital alliance, under which it will acquire up to 5% of the shares issued, a framework has been established for the establishment and operation of a joint venture, joint development and procurement of products and other items, sharing of store-development information, and joint sales promotions.