Aeon (8267) Q2 2025 earnings summary

Executive summary

• Operating revenue rose 5.4% year-over-year to ¥222,231 million for the six months ended August 31, 2024, with operating income up 9.9% to ¥26,841 million and ordinary income up 8.6% to ¥21,368 million.

• Net income attributable to owners of parent declined 13.6% year-over-year to ¥9,078 million, impacted by extraordinary losses including impairment and store closing provisions.

• Comprehensive income increased 11.3% year-over-year to ¥47,024 million, driven by strong foreign currency translation gains.

Financial highlights

• Gross profit increased to ¥45,101 million from ¥40,926 million year-over-year.

• Extraordinary losses totaled ¥3,858 million, including ¥2,149 million in impairment losses and ¥817 million for store closing provisions.

• Cash and cash equivalents at period-end rose to ¥143,309 million, up ¥30,954 million from the previous year-end.

• Equity ratio improved to 29.0% from 28.0% at the previous fiscal year-end.

Outlook and guidance

• Full-year guidance maintained: operating revenue ¥453,500 million (+7.2% YoY), operating income ¥55,000 million (+18.5%), net income attributable to owners of parent ¥16,500 million (-19.1%), and annual dividend forecast of ¥50 per share.