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Three F Co Ltd (7544.T)

7544.T on Tokyo Stock Exchange

322JPY
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Three F to offer early-retirement program
Tuesday, 9 May 2017 12:43am EDT 

May 9 (Reuters) - Three F Co Ltd <7544.T>:* Says it will offer an early-retirement program to all employees.* Offering period from July 10 to Aug. 4.* The company expects 180 employees to take the offer.* Says the employees who take up the offer will retire on Feb. 28, 2018.* The company will provide special lump sum and outplacement support to the retiring employees.  Full Article

Three F signs business combination contract with Lawson
Wednesday, 12 Apr 2017 04:06am EDT 

Three F Co Ltd <7544.T> : Says the company enters into a business combination contract with Lawson, as a step of capital and business alliance formed with Lawson Inc <2651.T> previously . Says the company plans to transfer partial convenience store business (operation of 281 stores under the brands of three F, q’s mart and gooz) to its new wholly owned subsidiary L.TF.PJ (the new unit) which will be set up on June 1 and located in Kanagawa prefecture . Co will split partial rights and obligations in the new unit to Lawson, with transaction amount of 11.7 billion yen . Co plans to transfer stake to Lawson in co's unit which was established on Sept. 7, 2016, to ensure that co and Lawson will hold a 51 percent stake and a 49 percent stake respectively after transaction .Lawson will pay 3.3 billion yen accordingly, for the stake transfer.  Full Article

Lawson to take over partial convenience store business from Three F
Wednesday, 12 Apr 2017 02:45am EDT 

Lawson Inc <2651.T> : Says it will take over part of convenience store business from Three F Co Ltd <7544.T> . Says it will pay 11.7 billion yen to Three F Co Ltd .Change effective June 1.  Full Article

Three F to sell part of convenience store business to Lawson via corporate split
Thursday, 4 Aug 2016 03:29am EDT 

Three F Co Ltd <7544.T>: Says it plans to sell part of rights and obligations in 100 convenience stores to Lawson Inc <2651.T> for 3.36 billion yen in total on Sep. 7 . Says it plans to set up wholly owned unit in Yokohama to take over part of rights and obligations in 87 convenience stores on Sep. 7 .Says it plans to sell 30 percent stake in the Yokohama-based unit to Lawson Inc after the establishment.  Full Article

Lawson to take over business from Three F for 375 mln yen
Friday, 27 May 2016 01:56am EDT 

Lawson Inc <2651.T> and Three F Co Ltd <7544.T>: Says Lawson to take over part of convenience store business related rights and obligations belongs to 12 stores of Three F for 375 million yen .Says transaction planned effective on June 30.  Full Article

Three F announces change of chairman and president
Thursday, 21 Apr 2016 04:00am EDT 

Three F Co Ltd:Appoints current president Katsutoshi Nakai as chairman.Appoints Hiroshi Yamaguchi as president to succeed Katsutoshi Nakai.Effective May 26.  Full Article

Three F forms business and capital alliance and to set up JV with Lawson
Wednesday, 13 Apr 2016 02:45am EDT 

Three F Co Ltd:Forms a business and capital alliance with Lawson, Inc. on April 13.Lawson, Inc. to acquire up to 5 pct stake in the company from the company's existing shareholder.Says the company to set up a wholly owned subsidiary via corporate split on Sep. 1.To transfer a 30 pct stake in the newly established subsidiary to Lawson, Inc. to make the new subsidiary into a joint venture.Says the two entities to hold a 70 pct stake and a 30 pct stake in the JV respectively.  Full Article

Three F to postpone business and capital alliance with Lawson
Wednesday, 30 Dec 2015 01:00am EST 

Three F Co Ltd:Announces postponement in forming the business and capital alliance with Lawson, Inc, which was supposed to be in late Dec.  Full Article

Three F lowers consolidated full-year outlook and to pay no year-end dividend for FY 2016
Wednesday, 30 Dec 2015 01:00am EST 

Three F Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 18,300 mln yen from 18,800 mln yen for the fiscal year ending Feb. 2016.Sees a decrease of operating profit forecast to a loss of 950 mln yen from 150 mln yen.Sees a decrease of ordinary profit forecast to a loss of 900 mln yen from 200 mln yen.Sees a decrease of net profit forecast to a loss of 1,100 mln yen from 50 mln yen.Sees a decrease of earnings per share to a loss of 145.22 yen from 6.60 yen.Comments the sluggish in sales in core business and market condition are the main reasons for the forecast.To pay no year-end dividend for the fiscal year ending Feb. 2016.  Full Article

Three F to form business and capital alliance with Lawson, Inc
Friday, 27 Nov 2015 01:00am EST 

Three F Co Ltd:To form a business and capital alliance with Lawson, Inc, in late Dec. 2015.Through the business alliance, the two companies will work together on joint development, purchasing and sales promotion of products.Through the capital alliance, Lawson, Inc will purchase up to 5 pct of Three F's stake.  Full Article

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BRIEF-Three F to offer early-retirement program

* Says it will offer an early-retirement program to all employees