Lawson, a major convenience store, has decided to list its subsidiary, Seijo Ishii, on the "Prime Market" of the Tokyo Stock Exchange.
The gain on the sale of shares associated with the listing is expected to lead to the growth of the Group, such as accelerating investment in the main convenience store business.
According to the people concerned, Lawson has decided to list the 100% subsidiary food supermarket "Seijo Ishii", which has about 200 stores mainly in the Tokyo metropolitan area, on the prime market of the Tokyo Stock Exchange by the end of next year. is.
Even after listing, we will maintain a certain shareholding ratio and continue to be under the umbrella of the Group.
"Seijo Ishii" was acquired by Lawson for about 55 billion yen in 2014, and in the financial results for the fiscal year ending February 28, sales of wine and delicatessen were strong due to the consumption of corona stagnation, and the final profit was 7.3 billion yen. We are maintaining higher sales and profits.
Lawson will accelerate investment in the main convenience store business, where fierce competition continues due to the gain on the sale of shares due to listing, and will also seek tie-ups with other supermarkets by increasing the independence of Seijo Ishii's management. It seems that there is an aim to lead to further growth of the group.
Regarding this, Lawson said that there is no fact that has been decided at this time, and commented, "We are conducting various studies to improve corporate value, including listing."