Aeon (8267) investor relations material

Executive summary

• Achieved record-high operating revenue for the fifth consecutive year, with operating profit also reaching a new high after two years, driven by integrated group strengths and extraordinary gains from step acquisitions, including the consolidation of TSURUHA HOLDINGS.

• All reporting segments saw revenue growth; five segments posted higher operating profit, with Shopping Center Development and Services & Specialty Stores achieving record profits.

• Growth was supported by strong Health & Wellness, Shopping Center Development, and Services & Specialty Store segments.

• Implemented a 3-for-1 stock split effective September 1, 2025.

Financial highlights

• Operating revenue rose 5.7% year-over-year to ¥10,715.3 billion; operating profit increased 13.8% to ¥270.5 billion; ordinary profit grew 8.4% to ¥243.0 billion.

• Profit attributable to owners of the parent surged 167.5% to ¥72.7 billion, aided by extraordinary gains from step acquisitions.

• Operating profit CAGR over five years was 11.6%, outpacing revenue CAGR of 5.3%.

• Total assets rose 11.1% YoY to ¥15,369.7 billion; net assets increased 3.2% to ¥2,204.3 billion.

• Basic EPS: ¥26.87 (vs. ¥10.57 prior year, adjusted for stock split); net assets per share: ¥440.40.

Outlook and guidance

• FY2026/27 forecast targets operating revenue of ¥12,000.0 billion (+12.0% YoY) and operating profit of ¥340.0 billion (+25.7% YoY); ordinary profit ¥290.0 billion (+19.3% YoY); profit attributable to owners ¥73.0 billion (+0.4%).

• Net income is expected to benefit from the introduction of a group tax consolidation system.

• Planned investment of ¥580 billion in FY2026, focusing on Vietnam, supply chain, DX, and store expansion.

• Annual dividend forecast: ¥15.00 per share (including ¥1.00 commemorative dividend for 100th anniversary).

• Focus on strengthening food sector, expanding Health & Wellness, and evolving shopping center and entertainment businesses.