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According to CCTV news, CCTV reporters learned on July 23 local time thatThe shares of Lawson Group, a large Japanese convenience store chain, will be delisted from midnight local time on the 24th.

On February 6 this year, KDDI, a large Japanese telecommunications operator, announced that it would conduct a TOB (public tender offer) for Lawson. In April, Lawson announced that KDDI had completed its tender offer for its shares. In the future,KDDI and Mitsubishi Corporation will each hold a 50% stake in Lawson.

According to Japan's Sankei Shimbun on the 23rd, Lawson hopes to speed up decision-making and focus on its own business by delisting without having to worry about short-term market evaluations.

The Lawson brand was founded in the United States in 1939, and opened its first store in Japan in 1975 after obtaining a franchise license from the United States.In 1996, Lawson became the first foreign-funded convenience store chain to enter the Chinese market and opened its first store in Shanghai. It has now been deeply rooted in the Chinese market for 28 years.In 2000, Lawson Japan was listed simultaneously on the Tokyo Stock Exchange and the Osaka Stock Exchange, and has been listed for 24 years.

In recent years, Japan's business environment has undergone tremendous changes, including the shrinking domestic market due to population decline, as well as the weakening yen, high prices and labor shortages, which are the background for many companies to delist.

Source: CCTV News Client, Red Star News