AEON Financial Service (8570) Q1 2026 earnings summary

Executive summary

• Consolidated operating revenue for Q1 FY2025 rose 6.7% year-over-year to ¥136,555 million, driven by increased transaction volumes and receivable balances domestically and overseas.

• Operating profit fell 14.8% year-over-year to ¥12,998 million, and net profit attributable to owners of parent dropped 28.4% to ¥4,357 million, impacted by asset replacement and higher deposit interest.

• The company is executing its medium-term management plan, focusing on digital transformation, business portfolio optimization, and customer-centric financial services across Asia.

• Acquisition of the WAON Value Issuer business and integration of payment channels in Japan were completed, enhancing service convenience.

• A share transfer agreement was executed to sell 85.1% of AEON Allianz Life Insurance to Meiji Yasuda Life Insurance, with a comprehensive partnership established among the three companies.

Financial highlights

• Q1 FY2025 operating revenue: ¥136,555 million (+6.7% YoY); operating profit: ¥12,998 million (−14.8% YoY); ordinary profit: ¥13,853 million (−13.3% YoY); net profit attributable to owners: ¥4,357 million (−28.4% YoY).

• Net income per share for Q1 FY2025 was ¥20.19, down from ¥28.18 in Q1 FY2024.

• Comprehensive income for Q1 FY2025 was negative ¥6,670 million, compared to ¥12,349 million in Q1 FY2024.

• Total assets as of May 31, 2025: ¥7,885,884 million; net assets: ¥571,683 million; equity ratio: 5.6%.

• Dividend per share for FY2025 is projected at ¥53.00, unchanged from the previous year.

Outlook and guidance

• FY2026 full-year projections: operating revenue ¥570,000 million (+6.9% YoY), operating profit ¥57,000 million (−7.3% YoY), net profit attributable to owners ¥21,000 million (+34.2% YoY), EPS ¥97.28.

• No changes to previously announced earnings forecasts as of this report.