Lawson Inc. (TSE:2651) signed a letter of intent to acquire 5% stake in Poplar Co., Ltd. (TSE:7601) from Shunji Meguro for approximately ¥270 million on October 1, 2014. Lawson Inc. will acquire 0.495 million shares in Poplar Co., Ltd. for ¥542 each. Signing of the capital and business alliance agreement is scheduled by the end of November 2014 while effective date of the capital and business alliance agreement is scheduled in early December 2014. The capital and business alliance with Poplar Co., Ltd. will have any significant impact on Lawson's consolidated business performance in the year ending February 2015.

Lawson Inc. signed a share purchase and sale contract to acquire 5% stake in Poplar Co., Ltd. on December 8, 2014. The tentative date for transfer of shares is December 11, 2014.

Lawson Inc. (TSE:2651) cancelled the acquisition of 5% stake in Poplar Co., Ltd. (TSE:7601) from Shunji Meguro on October 1, 2015.