News ReleaseLawson Established Lawson Bank Preparatory Company Inc.
NEWS RELEASE
TOKYO, JAPAN, 11 25, 2016
Lawson, Inc. today announced an establishment of Lawson Bank Preparatory Company, Inc. (“Preparatory Company”). The Preparatory Company aims to establish a bank leveraging Lawson’s previous experience in financial service, and meet necessary preconditions for obtaining approval from the relevant authorities.
1. Overview of Preparatory Company
| (1) Company name | Lawson Bank Preparatory Company, Inc. |
| (2) Business location | Osaki 1-11-2, Shinagawa-ku, Tokyo |
| (3) Company representatives | Chairman, Representative Director |
| Tadashi Iwashita | |
| President, Representative Director | |
| Masashi Yamashita | |
| (4) Capital and capital reserves | 1 billion yen |
| (5) Shareholders | Lawson, Inc.: 95% |
| The Bank of Tokyo-Mitsubishi UFJ, Ltd.: 5% | |
| (6) Established | November 25, 2016 |
2. Board of Directors and Auditors
| Tadashi Iwashita (full-time) | |
| Masashi Yamashita (full-time) | |
| Naoki Tsuruta (full-time) | |
| Yasuhiro Horie (full-time) | |
| Taiki Hasegawa (part-time) | Senior Vice President, Financial and Consumer Services Division, Lawson, Inc. |
| Makoto Kira (part-time) | General Manager, Financial Services Department, Lawson, Inc. |
| Takaharu Motegi (part-time) | Deputy General Manager, Retail Banking Planning Division, The Bank of Tokyo-Mitsubishi UFJ, Ltd. |
| Yutaka Yoshitake (part-time) | Executive Vice President and CFO, Lawson, Inc. |
| Toshio Takahashi (part-time) | Standing Corporate Auditor, Lawson, Inc. |
