Overview
Retail Trade

Three F Co.,Ltd.

Three F Co., Ltd. operates convenience store businesses in the Tokyo metropolitan area (Tokyo, Kanagawa, Chiba, and Saitama prefectures) through its consolidated subsidiary, L.T.F. Co., Ltd., which serves as the chain headquarters for 'Lawson Three F' stores under a corporate franchise agreement with Lawson, Inc. The company also supports product development for items sold at Lawson Three F stores, including chilled bento, chilled sushi, and original products such as 'Mochiponyо.' In addition, Three F directly operates 'gooz,' a next-generation convenience store format featuring in-store preparation of bakery items and bento boxes.

Market Cap
US$26.0M
¥4.15B
EV
US$0.81M
¥0.13B
StockUS$3.43(¥548)▲+1.48%
US$1 = ¥159.70 (2026-11-12)
LTM EV/EBITDA
0.1
x
LTM EV/EBIT
0.1
x
LTM PER
11.2
x
LTM PBR
1.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-19.0%pt
100
Nov 13, 25 – Nov 13, 26StockTOPIX
MC → EV Bridge
US$26.0M¥4.15BMarket CapUS$0.00M¥0.00B+ DebtUS$28.1M¥4.48B− CashUS$0.23M¥0.04B− Inv. Sec.US$3.11M¥0.50B+ NCIUS$0.81M¥0.13BEV
AI Briefing
Three F runs 'Lawson Three F' convenience stores across four Tokyo-area prefectures under corporate franchise with Lawson, plus its own 'gooz' format, backed by proprietary chilled bento and sweets development. FY26/2 revenue US$94.6M (¥15.1B) with operating profit US$8.77M (¥1.4B) (9.4% margin), continuing a multi-year climb from US$82.7M (¥13.2B)/1.2% in FY23/2. Ownership is concentrated, with JMK Mizuho holding over a third of shares alongside Mitsubishi Shoji-linked and individual holders, framing a tightly held capital structure.
Performance & Balance
Revenue 5Y (US$)
US$76.7M¥12.3B'22/2US$82.7M¥13.2B'23/2US$86.8M¥13.9B'24/2US$87.1M¥13.9B'25/2US$94.5M¥15.1B'26/2
EBITDA 5Y (US$)
US$1.65M¥0.26B'22/2US$1.33M¥0.21B'23/2US$5.83M¥0.93B'24/2US$6.29M¥1.01B'25/2US$8.92M¥1.42B'26/2
Net Income 5Y (US$)
-US$0.53M¥-0.08B'22/2-US$1.03M¥-0.16B'23/2US$1.36M¥0.22B'24/2US$1.81M¥0.29B'25/2US$2.39M¥0.38B'26/2
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (US$)▲ Net Cash
CashInv. Sec.Debt
US$24.3M¥3.88B'22/2US$21.6M¥3.45B'23/2US$25.8M¥4.12B'24/2US$26.3M¥4.20B'25/2US$30.1M¥4.81B'26/2
Shareholders
Top 10 hold 68.2%
1
JMK Mizuho Co., Ltd.
35.68%
2
Hikari Tsushin, Inc. Investment Business Limited Partnership
6.53%
3
Junji KIKUCHI
6.42%
4
Kyoko NAKAI
4.19%
5
UH Partners 2 Investment Business Limited Partnership
4.01%
6
Mizue USAMI
3.49%
7
Shigenori KONUMA
2.61%
8
Nomura Securities Co., Ltd.
1.91%
9
Ueda Yagi Tanshi Co., Ltd.
1.85%
10
Katsutoshi NAKAI
1.48%
Management
8 officers
Ryosuke YAMAGUCHI
Representative Director, President
Apr 1995 Joined the Company Mar 2006 General Manager, Business Planning Office Mar 2013 Executive Officer, General Manager, Business Strategy Office May 2014 Director, General Manager, Business Strategy Office May 2016 Director, General Manager, Operations Headquarters Sep 2016 Director, General Manager, FC Sales Sep 2016 Director, L.TF Co., Ltd. May 2017 Advisor (in charge of L.TF Promotion), General Manager, FC Sales Mar 2018 Advisor Mar 2024 General Manager, Corporate; General Manager, Merchandising; General Manager Mar 2025 General Manager, Corporate; General Manager May 2025 Representative Director, President, L.TF Co., Ltd. (current) May 2025 Representative Director, President, and General Manager, Corporate; General Manager (current)
1973-01-26
Hiroshi YAMAGUCHI
Director
Apr 1992 Joined the Company May 2003 General Manager, Business Planning Office Mar 2006 General Manager, Marketing Department Mar 2007 General Manager, Marketing Office Sep 2012 General Manager, Marketing Department, Merchandising Headquarters Mar 2013 Executive Officer, General Manager, Merchandising Headquarters May 2014 Director, General Manager, Merchandising Headquarters May 2016 Representative Director, President May 2017 Representative Director, President, Three F Online Co., Ltd. May 2017 Representative Director, President, L.TF Co., Ltd. Mar 2018 Representative Director, President, and General Manager, Corporate; General Manager, Merchandising; General Manager Mar 2024 Representative Director, President May 2025 Chairman of the Board Jun 2025 Director, Fujicio Co., Ltd. Mar 2026 Director (current) Mar 2026 Director, Fujicio Co., Ltd.; Deputy General Manager, Sales Headquarters, and General Manager, Flare Business Division (current)
1967-07-24
Junji KIKUCHI
Director
Oct 1991 Established JMK Mizuho Ltd. (now JMK Mizuho Co., Ltd.); Representative Director, President (current) Apr 1994 Director, Fujicio Co., Ltd. Feb 1995 Director, the Company Feb 1997 Managing Director, Fujicio Co., Ltd. Apr 2000 Senior Managing Director, Fujicio Co., Ltd. Mar 2001 Representative Director, President, Fujicio Co., Ltd. May 2002 Director, Three F Online Co., Ltd. Mar 2013 Chairman of the Board, the Company May 2016 Director, the Company (current) Jan 2019 Representative Director, Chairman, Fujicio Co., Ltd. (current)
1959-05-05
Itaru MASUDA
Director
Apr 1974 Joined Mitsui Trust Bank, Limited Jun 1999 Director, General Manager, Business Planning Department, the same company Apr 2000 Executive Officer, General Manager, Business Department, Chuo Mitsui Trust and Banking Co., Ltd. Feb 2002 Managing Executive Officer, the same company May 2006 Senior Managing Executive Officer, the same company Jun 2006 Director, Senior Managing Executive Officer, the same company Jun 2010 Representative Director, Vice President, the same company Apr 2012 Advisor, Sumitomo Mitsui Trust Bank, Limited May 2012 Director, the Company (current) Jun 2012 Outside Audit & Supervisory Board Member, Keisei Electric Railway Co., Ltd. Jun 2016 Outside Audit & Supervisory Board Member, The Japan Steel Works, Ltd. May 2017 Outside Director, Fujicio Co., Ltd. (current) Jun 2017 Outside Director, Japan Paper Pulp Trading Co., Ltd.
1952-02-09
Nobuyoshi SUZUKI
Director (Audit and Supervisory Committee Member)
Nov 1997 Passed the Bar Examination (51st class) Apr 1999 Registered with Tokyo Bar Association; joined Kawagoe Law Office Sep 2011 Opened Nobuyoshi Suzuki Law Office; Head of Office (current) Nov 2016 Outside Director, Ore no Co., Ltd. May 2017 Director, the Company (current) Jul 2018 Outside Audit & Supervisory Board Member, Ore no Co., Ltd. Mar 2025 Outside Director (Audit and Supervisory Committee Member), CELSYS, Inc. (current)
1965-09-17
Tomoyuki KIYOTSUNE
Full-time Corporate Auditor
Apr 1982 Joined Mitsui Trust Bank, Limited Nov 2004 General Manager, Oita Branch, Chuo Mitsui Trust and Banking Co., Ltd. May 2007 General Manager, Yokohama Station West Exit Branch, the same company Jul 2008 General Manager, Business Planning Department, the same company Jul 2009 Executive Officer, General Manager, Business Planning Department, the same company Feb 2011 Executive Officer, General Manager, Corporate Planning Department, the same company Apr 2011 Executive Officer, General Manager, Management Planning Department, Mitsui Sumitomo Trust Holdings, Inc.; Executive Officer, General Manager, Corporate Planning Department, Chuo Mitsui Trust and Banking Co., Ltd. Apr 2012 Managing Executive Officer, Mitsui Sumitomo Trust Holdings, Inc.; Director, Managing Executive Officer, Sumitomo Mitsui Trust Bank, Limited Apr 2013 Managing Executive Officer, Sumitomo Mitsui Trust Bank, Limited Apr 2014 Advisor, the same company Jul 2014 Full-time Member, Land Appraisal Committee, Ministry of Land, Infrastructure, Transport and Tourism Jul 2023 Advisor (part-time), Developer Sanshin Co., Ltd. Mar 2024 Outside Audit & Supervisory Board Member (part-time), Fujita Kanko Inc. May 2024 Corporate Auditor, the Company (current)
1959-10-08
Daisaku KAWAMOTO
Corporate Auditor
Apr 1986 Joined Fujicio Co., Ltd. Jan 2012 General Manager, Merchandising Department, the same company May 2013 Director, General Manager, Merchandising Department, the same company Feb 2014 Director, General Manager, Work Improvement Office, the same company Jan 2017 Director, General Manager, Sales Headquarters, the same company Jan 2019 Managing Director, the same company Feb 2019 Managing Director, General Manager, Administration Headquarters, the same company Jan 2021 Managing Director, General Manager, Sales Headquarters, the same company May 2023 Senior Managing Director, in charge of Sales Headquarters, the same company Jan 2024 Representative Director, President, Fujicio Co., Ltd. (current) May 2024 Corporate Auditor, the Company (current)
1962-10-09
Kenji TAMASAWA
Corporate Auditor
Apr 1973 Joined National Tax Agency, Tokyo Regional Taxation Bureau Aug 1984 Registered as Certified Public Accountant; Tokyo Marunouchi Office, Sanwa Audit Corporation (now Deloitte Touche Tohmatsu LLC) Jun 1990 Katsushima Toshiaki Tax Accountant Office Aug 2001 Registered as Certified Tax Accountant Sep 2001 Opened Kenji Tamasawa Tax Accountant Office; Head of Office (current) May 2006 Audit & Supervisory Board Member, Fujicio Co., Ltd. (current) May 2010 Corporate Auditor, the Company (current)
1949-11-20
Large Shareholding Reports
Hikari Tsushin, Inc.
2026-10-20
7.41%→7.41%
Koutsushin Co., Ltd.
2025-09-29
7.41%→7.41%
Koutsushin Co., Ltd.
2025-09-17
7.41%→7.41%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-20
Large Shareholding Report
EDINET
2026-10-09
Semi-Annual Securities Report
Period: Mar 2026 – Feb 2027
TDnet
2026-10-08
Q2 Earnings Flash
FY ending Feb 2027
TDnet
2026-07-09
Q1 Earnings Flash
FY ending Feb 2027
EDINET
2026-05-27
Annual Securities Report
Period: Mar 2025 – Feb 2026
TDnet
2026-04-09
Full-Year Earnings Flash
FY ending Feb 2026
TDnet
2026-01-08
Q3 Earnings Flash
FY ending Feb 2026
EDINET
2025-10-10
Semi-Annual Securities Report
Period: Mar 2025 – Feb 2026
EDINET
2025-09-29
Large Shareholding Report
TDnet
2025-09-19
業績予想の修正
EDINET
2025-09-17
Large Shareholding Report
TDnet
2025-07-10
Q1 Earnings Flash
FY ending Feb 2026
EDINET
2025-05-30
Annual Securities Report
Period: Mar 2024 – Feb 2025
TDnet
2025-01-09
Q3 Earnings Flash
FY ending Feb 2025
EDINET
2024-10-11
Semi-Annual Securities Report
Period: Mar 2024 – Feb 2025
EDINET
2024-07-12
Quarterly Securities Report
Period: Mar 2024 – May 2024
TDnet
2024-07-11
Q1 Earnings Flash
FY ending Feb 2025
EDINET
2024-05-31
Annual Securities Report
Period: Mar 2023 – Feb 2024
EDINET
2024-01-12
Quarterly Securities Report
Period: Sep 2023 – Nov 2023
EDINET
2023-10-13
Quarterly Securities Report
Period: Jun 2023 – Aug 2023
EDINET
2023-07-14
Quarterly Securities Report
Period: Mar 2023 – May 2023
EDINETAmended
2023-06-08
Amended Annual Securities Report
Period: Mar 2022 – Feb 2023
EDINET
2023-05-29
Annual Securities Report
Period: Mar 2022 – Feb 2023
EDINET
2023-01-13
Quarterly Securities Report
Period: Sep 2022 – Nov 2022
EDINET
2022-10-14
Quarterly Securities Report
EDINET
2022-07-15
Quarterly Securities Report
EDINET
2022-05-30
Annual Securities Report
EDINETAmended
2022-01-17
Amended Quarterly Securities Report
EDINET
2022-01-14
Quarterly Securities Report
EDINET
2021-10-15
Quarterly Securities Report
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