News Release Lawson Signs Mega-franchise with Save On Convenience Store Chain in Yamagata, Fukushima and Ibaraki Prefectures
TOKYO, JAPAN, 2 26, 2016
Lawson, Inc. and Save On Corp. have decided to sign a mega-franchise contract covering Yamagata, Fukushima and Ibaraki prefectures.
About the mega-franchise agreement:
At the end of January 2016, Save On operated 75 SAVE ON convenience stores in Yamagata, Fukushima and Ibaraki prefectures. Save On has agreed to gradually change 50 of those outlets into LAWSON brand stores by the middle of April 2016. Following the shift, Save On will help develop LAWSON stores in the three prefectures as a mega franchisee of the Lawson brand.
Going forward, Lawson and Save On have committed to further strengthen the development of products that fulfill local community needs, and the two companies will strive to build stores that customers really appreciate across Yamagata, Fukushima and Ibaraki prefectures.
Overview of Save On Corp. and Lawson, Inc.
- ― Save On Corp.
- (1) Company name： Save On Corp.
- (2) Main areas of business operation： Development of the convenience store franchise chain
- (3) Business location： 900 Kamesatomachi, Maebashi, Gunma
- (4) Name and title of representative director： Minoru Hirata, President and CEO, Representative Director
- (5) Capital： 392 million yen
- (6) End of fiscal year： The end of February
- ― Lawson, Inc.
- (1) Company name： Lawson, Inc.
- (2) Main areas of business operation： Development of the Lawson convenience store franchise chain
- (3) Business location： East Tower, Gate City Osaki, 1-11-2 Osaki, Shinagawa-ku, Tokyo
- (4) Name and title of representative director： Genichi Tamatsuka, President and CEO, Representative Director
- (5) Capital： 58,506 million yen
- (6) End of fiscal year： The end of February
