Lawson Inc. (TSE:2651) signed a contract to acquire part of convenience store business from Three F Co., Ltd. (TSE:7544) for approximately ¥380 million in cash on May 27, 2016. The business being acquired reported total income of ¥359 million and total assets of ¥124 million for the period ended February 2016. The deal is expected to be completed on June 30, 2016.