Aeon Hokkaido (7512) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended November 30, 2024, reached ¥254.6 billion, up 5.1% year-over-year, marking a record high.

• Operating profit declined 33.1% year-over-year to ¥3.7 billion due to increased SG&A expenses, despite higher sales.

• Net income fell 39.6% year-over-year to ¥1.91 billion, impacted by one-time costs related to the acquisition of Seiyu's Hokkaido business.

• The company accelerated growth initiatives, including new store openings and the integration of acquired stores.

Financial highlights

• Gross profit rose to ¥81.1 billion, up 4.5% year-over-year.

• SG&A expenses increased 7.4% year-over-year to ¥77.4 billion, driven by acquisition-related costs and higher investments.

• Operating margin decreased due to cost pressures and lower-than-expected gross profit.

• Cash and equivalents at period-end were ¥5.6 billion, up ¥1.8 billion from the previous year.

Outlook and guidance

• Full-year revenue forecast remains unchanged at ¥358 billion, up 7.5% year-over-year.

• Operating profit guidance is ¥9.0 billion (+13.2%), net income forecast is ¥4.9 billion (+20.9%).

• No revision to previously announced earnings guidance.