Fiscal Year Ending February 2026 Q3 Financial Summary

Performance Overview

For the cumulative third quarter of the fiscal year ending February 2026, Aeon Co., Ltd. posted operating revenue of ¥7,749.4 billion (up 3.7% YoY) and operating income of ¥144.7 billion (up 23.1% YoY), both reaching record highs. The revenue growth was driven by expanded sales of the 'Topvalu' brand and the successful major sale event 'Black Friday.' Profitability improved through enhanced labor productivity via store digital transformation and cost structure reforms. Although the quarterly net income attributable to owners of the parent was in loss, it significantly improved compared to the same period last year.

Segment Performance and Future Outlook

All segments achieved revenue growth, with the Developer business, Service & Specialty Store business, and Health & Wellness business recording substantial profit increases. The Retail business (GMS, SM, DS) saw sales growth supported by strengthened pricing strategies; however, challenges remain in improving gross profit margins. The full-year earnings guidance for FY2025 was upwardly revised to reflect the consolidation of Tsuruha Holdings as a subsidiary, projecting operating revenue of ¥10,700 billion (up 5.6% YoY) and operating income of ¥275 billion (up 15.7% YoY). The stock split was implemented on September 1, 2025, and dividends are planned at an annual ¥41 before considering the stock split, an increase of ¥1 YoY.