Annonce • Jun 05
Aeon Co., Ltd. to Report Q1, 2027 Results on Jul 10, 2026 Aeon Co., Ltd. announced that they will report Q1, 2027 results on Jul 10, 2026 Annonce • Apr 09
Aeon Co., Ltd., Annual General Meeting, May 27, 2026 Aeon Co., Ltd., Annual General Meeting, May 27, 2026. Annonce • Mar 28
Aeon Co., Ltd. to Report Fiscal Year 2026 Results on Apr 09, 2026 Aeon Co., Ltd. announced that they will report fiscal year 2026 results on Apr 09, 2026 Annonce • Mar 05
Aeon Co., Ltd. (TSE:8267) completed the acquisition of 19.26% stake in Sunday Co.,Ltd. (TSE:7450) from group of sellers in a tender offer transaction. Aeon Co., Ltd. (TSE:8267) proposed to acquire remaining 23.3% stake in Sunday Co.,Ltd. (TSE:7450) from group of sellers for JPY 3.2 billion in a tender offer transaction on January 8, 2026. A cash consideration valued at ¥1,280 per share and ¥1 per share will be paid by Aeon Co. for Common stock and Option's. If the Tender Offeror fails to acquire all the Target Company Shares, the Tender Offeror will take a series of procedures to become the sole shareholder of the Target Company after the completion of the Tender offer, hereinafter the Squeeze-Out Procedures.
The expected completion of the transaction is March 4, 2026.
City-Yuwa Partners acted as the legal advisor along with Nomura Securities Co., Ltd. acting as the financial advisor to Aeon Co., Ltd. Anderson Mori & Tomotsune acted as the legal advisor along with Mizuho Securities Co., Ltd. acting as the financial advisor to Sunday Co.,Ltd.
Aeon Co., Ltd. (TSE:8267) completed the acquisition of 19.26% stake in Sunday Co.,Ltd. (TSE:7450) from group of sellers in a tender offer transaction on March 4, 2026. After the transaction Aeon Co., Ltd. owns 96.13% in Sunday Co.,Ltd. Annonce • Jan 08
Aeon Co., Ltd. (TSE:8267) proposed to acquire remaining 23.3% stake in Sunday Co.,Ltd. (TSE:7450) for JPY 3.2 billion in a tender offer transaction. Aeon Co., Ltd. (TSE:8267) proposed to acquire remaining 23.3% stake in Sunday Co.,Ltd. (TSE:7450) for JPY 3.2 billion in a tender offer transaction on January 8, 2026. A cash consideration valued at ¥1,280 per share will be paid by Aeon Co., Ltd. If the Tender Offeror fails to acquire all the Target Company Shares, the Tender Offeror will take a series of procedures to become the sole shareholder of the Target Company after the completion of the Tender offer, hereinafter the Squeeze-Out Procedures.
The expected completion of the transaction is March 4, 2026. Annonce • Dec 09
Aeon Co., Ltd. to Report Q3, 2026 Results on Jan 08, 2026 Aeon Co., Ltd. announced that they will report Q3, 2026 results on Jan 08, 2026 Annonce • Oct 15
Aeon Co., Ltd. Declares Dividend for the Second Quarter Ended August 31, 2025, Payable on October 27, 2025 Aeon Co., Ltd. declared dividend of JPY 20 per share for the second quarter ended August 31, 2025. Commencement of dividend payment is on October 27, 2025. Annonce • Sep 17
Aeon Co., Ltd. to Report Q2, 2026 Results on Oct 14, 2025 Aeon Co., Ltd. announced that they will report Q2, 2026 results at 3:00 PM, Tokyo Standard Time on Oct 14, 2025 Annonce • Jun 13
Aeon Co., Ltd. Revises Dividend Guidance for the Fiscal Year Ending February 28, 2026 Aeon Co., Ltd. has revised upward its dividend forecast for the fiscal year ending February 28, 2026. For the year, the company expects dividend of JPY 7 per share compared to JPY 20.00 per share a year ago. Annonce • Jun 05
Aeon Co., Ltd. to Report Q1, 2026 Results on Jul 11, 2025 Aeon Co., Ltd. announced that they will report Q1, 2026 results on Jul 11, 2025 Annonce • May 18
Aeon Co., Ltd. (TSE:8267) completed the acquisition of an additional 7.17% stake in Tsuruha Holdings Inc. (TSE:3391) from Nomura Securities Co., Ltd. Aeon Co., Ltd. (TSE:8267) agreed to acquire an additional 7.17% stake in Tsuruha Holdings Inc. (TSE:3391) from Nomura Securities Co., Ltd. on April 11, 2025.
The expected completion of the transaction is around May 2025.
Aeon Co., Ltd. (TSE:8267) completed the acquisition of an additional 7.17% stake in Tsuruha Holdings Inc. (TSE:3391) from Nomura Securities Co., Ltd. on May 16, 2025. Annonce • Apr 26
Aeon Co., Ltd. (TSE:8267) completed the acquisition of 42.31% stake in Aeon Delight Co., Ltd. (TSE:9787) from a group of shareholders. Aeon Co., Ltd. (TSE:8267) proposed to acquire 42.31% stake in Aeon Delight Co., Ltd. (TSE:9787) from a group of shareholders for approximately ¥110 billion on February 28, 2025. A cash consideration of ¥109.36 billion valued at ¥5400 per share will be paid by Aeon Co., Ltd. As part of consideration, ¥109.36 billion is paid towards common equity of Aeon Delight Co., Ltd. The transaction is subject to minimum tender. Nomura Securities Co., Ltd. acted as tender offer agent.
Aeon Co., Ltd. (TSE:8267) completed the acquisition of 42.31% stake in Aeon Delight Co., Ltd. (TSE:9787) from a group of shareholders on April 24, 2025. Aeon Co., plans to implement a series of Squeeze-Out Procedures to make Aeon Co., Ltd sole shareholder of Aeon Delight Co., Ltd. Aeon Delight shares are currently listed on the Prime Market of the TSE as of today. However, if the Squeeze-Out Procedures are carried out, Aeon Delight Shares will be delisted through prescribed procedures in accordance with the delisting criteria set out by the TSE. Annonce • Apr 04
Aeon Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ended February 28, 2025 Aeon Co., Ltd. revised consolidated earnings guidance for the fiscal year ended February 28, 2025. For the year, the company now expects operating revenue of JPY 10,134,000 million, operating profit of JPY 237,000 million, profit attributable to owners of parent of JPY 28,500 million and basic earnings per share of JPY 33.30 against prior guidance of operating revenue of JPY 10,000,000 million, operating profit of JPY 270,000 million, profit attributable to owners of parent of JPY 46,000 million and basic earnings per share of JPY 53.74. Annonce • Feb 27
Aeon Co., Ltd. to Report Fiscal Year 2025 Results on Apr 11, 2025 Aeon Co., Ltd. announced that they will report fiscal year 2025 results on Apr 11, 2025 Annonce • Jan 08
KKR Reportedly Mulls Unloading Supermarket Operator Seiyu U.S. investment fund KKR & Co. Inc. (NYSE:KKR) is considering selling its stake in Japanese supermarket operator Seiyu GK (Seiyu Co.), it was learned. Japanese retail giant Aeon Co., Ltd. (TSE:8267) and Pan Pacific International Holdings Corporation (TSE:7532), which operates Don Quijote discount stores, are among those said to be interested in acquiring Seiyu shares. The envisaged sale could be worth hundreds of billions of yen. KKR aims to complete the sale as soon as possible. The move comes as domestic supermarket operators are facing an increasingly severe management environment due to intensifying competition. Among them, Seven & i Holdings Co. is in the process of selling an intermediate holding company that oversees Ito-Yokado Co., the group's founding business, and other noncore operations. Seiyu currently has about 240 stores on Japan's Honshu main island. It carried out structural reforms last year to improve its earnings, such as withdrawing from the Kyushu southwestern region and Hokkaido, northernmost Japan, where it sold nine stores to Aeon. Annonce • Jan 03
Aeon Co., Ltd. to Report Q3, 2025 Results on Jan 10, 2025 Aeon Co., Ltd. announced that they will report Q3, 2025 results on Jan 10, 2025 Declared Dividend • Oct 29
First half dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 27th February 2025 Payment date: 1st May 2025 Dividend yield will be 89%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is not covered by earnings (172% earnings payout ratio). However, it is covered by cash flows (66% cash payout ratio). The dividend has increased by an average of 3.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 91% to bring the payout ratio under control. EPS is expected to grow by 70% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Oct 10
Second quarter 2025 earnings released: EPS: JP¥0.42 (vs JP¥6.54 in 2Q 2024) Second quarter 2025 results: EPS: JP¥0.42 (down from JP¥6.54 in 2Q 2024). Revenue: JP¥2.55t (up 6.9% from 2Q 2024). Net income: JP¥363.0m (down 94% from 2Q 2024). Profit margin: 0% (down from 0.2% in 2Q 2024). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Annonce • Sep 25
Aeon Co., Ltd. to Report Q2, 2025 Results on Oct 09, 2024 Aeon Co., Ltd. announced that they will report Q2, 2025 results on Oct 09, 2024 Upcoming Dividend • Aug 22
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 29 August 2024. Payment date: 30 October 2024. Payout ratio is on the higher end at 96% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.0%). Reported Earnings • Jul 15
First quarter 2025 earnings released: EPS: JP¥5.99 (vs JP¥20.74 in 1Q 2024) First quarter 2025 results: EPS: JP¥5.99 (down from JP¥20.74 in 1Q 2024). Revenue: JP¥2.45t (up 5.4% from 1Q 2024). Net income: JP¥5.13b (down 71% from 1Q 2024). Profit margin: 0.2% (down from 0.8% in 1Q 2024). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Annonce • Jun 21
Aeon Co., Ltd. to Report Q1, 2025 Results on Jul 12, 2024 Aeon Co., Ltd. announced that they will report Q1, 2025 results on Jul 12, 2024 Declared Dividend • Jun 13
Final dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 29th August 2024 Payment date: 30th October 2024 Dividend yield will be 99%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 11
Full year 2024 earnings released: EPS: JP¥52.25 (vs JP¥25.11 in FY 2023) Full year 2024 results: EPS: JP¥52.25 (up from JP¥25.11 in FY 2023). Revenue: JP¥9.55t (up 4.8% from FY 2023). Net income: JP¥44.7b (up 109% from FY 2023). Profit margin: 0.5% (up from 0.2% in FY 2023). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Annonce • Mar 23
Aeon Co., Ltd. to Report Fiscal Year 2024 Results on Apr 10, 2024 Aeon Co., Ltd. announced that they will report fiscal year 2024 results on Apr 10, 2024 Annonce • Feb 29
Aeon Co., Ltd. (TSE:8267) agreed to acquire 13.6% stake in Tsuruha Holdings Inc. (TSE:3391) from an undisclosed fund managed by Tsuruha Holdings Inc. (TSE:3391) for ¥102.3 billion. Aeon Co., Ltd. (TSE:8267) agreed to acquire 13.6% stake in Tsuruha Holdings Inc. (TSE:3391) from an undisclosed fund managed by Tsuruha Holdings Inc. (TSE:3391) for ¥102.3 billion on February 28, 2024. Transaction is expected to complete on March 13, 2024. Annonce • Feb 27
Marubeni Corporation (TSE:8002) acquired additional minority stake in Aeon Co., Ltd. (TSE:8267). Marubeni Corporation (TSE:8002) acquired additional minority stake in Aeon Co., Ltd. (TSE:8267) on February 26, 2024.
Marubeni Corporation (TSE:8002) completed the acquisition of additional minority stake in Aeon Co., Ltd. (TSE:8267) on February 26, 2024. Upcoming Dividend • Feb 21
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 02 May 2024. Payout ratio is a comfortable 71% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (3.9%). Annonce • Jan 30
Aeon in Exclusive Talks to Buy Tsuruha Stake from Oasis Retail giant Aeon Co., Ltd. (TSE:8267) has entered into exclusive talks with Oasis Management Company Ltd. to acquire shares the Hong Kong-based activist investor holds in drugstore chain Tsuruha Holdings Inc. (TSE:3391), it said. Details of how many shares it will acquire and how much it will pay per share will be subject to negotiations, Aeon said. Oasis and Aeon each have about a 13% holding in Tsuruha. An increase in Aeon's stake would add to its drugstore business, a key growth driver for the firm. In the same sector it holds 51% of Welcia Holdings and 10% of Kusuri No Aoki Holdings. An Aeon spokesperson said it had notified Tsuruha about its talks with Oasis for a possible stock purchase. The talks are being held without approval from Tsuruha, although that is not required for an acquisition to proceed, the spokesperson added. Tsuruha declined to comment. Oasis could not immediately be reached for comment. Reported Earnings • Jan 15
Third quarter 2024 earnings released: JP¥5.80 loss per share (vs JP¥25.42 loss in 3Q 2023) Third quarter 2024 results: JP¥5.80 loss per share (improved from JP¥25.42 loss in 3Q 2023). Revenue: JP¥2.31t (up 3.6% from 3Q 2023). Net loss: JP¥4.96b (loss narrowed 77% from 3Q 2023). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Annonce • Jan 13
Aeon Co., Ltd. Revises Earnings Guidance for the Fiscal Year Ending February 29, 2024 Aeon Co., Ltd. revised earnings guidance for the fiscal year ending February 29, 2024. For the year, the company expects Operating income of JPY 9,500,000 million, Operating profit of JPY 240,000 million, Profit attributable to owners of parent of JPY 33,000 million and basic earnings per share of JPY 38.60 against Operating income of JPY 9,400,000 million, Operating profit of JPY 220,000 million, Profit attributable to owners of parent of JPY 25,000 million and basic earnings per share of JPY 29.25 a year ago. Annonce • Jan 12
Aeon Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending February 29, 2024 Aeon Co., Ltd. provided dividend guidance for fiscal year ending February 29, 2024. For the year, the company expects dividend of JPY 18.00 per share against JPY 18.00 a year ago. Annonce • Dec 20
Aeon Co., Ltd. to Report Q3, 2024 Results on Jan 12, 2024 Aeon Co., Ltd. announced that they will report Q3, 2024 results on Jan 12, 2024 Annonce • Oct 16
Aeon Co., Ltd. Announces Dividend for the Second Quarter-End of the Fiscal Year Ending February 29, 2024, Payable on October 30, 2023 Aeon Co., Ltd. announced dividend for the second quarter-end of the fiscal year ending February 29, 2024. For the period, the company announced dividend of JPY 18.00 per share against JPY 18.00 per share paid a year ago. Commencement of dividend payments is October 30, 2023. Reported Earnings • Oct 12
Second quarter 2024 earnings released: EPS: JP¥6.54 (vs JP¥1.57 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥6.54 (up from JP¥1.57 loss in 2Q 2023). Revenue: JP¥2.39t (up 4.5% from 2Q 2023). Net income: JP¥5.59b (up JP¥6.92b from 2Q 2023). Profit margin: 0.2% (up from net loss in 2Q 2023). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Annonce • Sep 24
Aeon Co., Ltd. to Report Q2, 2024 Results on Oct 11, 2023 Aeon Co., Ltd. announced that they will report Q2, 2024 results on Oct 11, 2023 Upcoming Dividend • Aug 23
Upcoming dividend of JP¥18.00 per share at 1.2% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 30 October 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.3%). New Risk • Jul 17
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risk Large one-off items impacting financial results. Reported Earnings • Jul 16
First quarter 2024 earnings released: EPS: JP¥20.74 (vs JP¥22.88 in 1Q 2023) First quarter 2024 results: EPS: JP¥20.74 (down from JP¥22.88 in 1Q 2023). Revenue: JP¥2.32t (up 5.5% from 1Q 2023). Net income: JP¥17.7b (down 8.5% from 1Q 2023). Profit margin: 0.8% (down from 0.9% in 1Q 2023). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Annonce • Jun 26
Aeon Co., Ltd. to Report Q1, 2024 Results on Jul 12, 2023 Aeon Co., Ltd. announced that they will report Q1, 2024 results on Jul 12, 2023 Reported Earnings • Jun 02
Full year 2023 earnings released: EPS: JP¥25.11 (vs JP¥7.69 in FY 2022) Full year 2023 results: EPS: JP¥25.11 (up from JP¥7.69 in FY 2022). Revenue: JP¥9.12t (up 4.6% from FY 2022). Net income: JP¥21.4b (up 229% from FY 2022). Profit margin: 0.2% (up from 0.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 13
Full year 2023 earnings released: EPS: JP¥25.11 (vs JP¥7.69 in FY 2022) Full year 2023 results: EPS: JP¥25.11 (up from JP¥7.69 in FY 2022). Revenue: JP¥9.12t (up 4.6% from FY 2022). Net income: JP¥21.4b (up 229% from FY 2022). Profit margin: 0.2% (up from 0.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 4.4% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Jan 15
Third quarter 2023 earnings released: JP¥25.42 loss per share (vs JP¥16.01 loss in 3Q 2022) Third quarter 2023 results: JP¥25.42 loss per share (further deteriorated from JP¥16.01 loss in 3Q 2022). Revenue: JP¥2.23t (up 6.1% from 3Q 2022). Net loss: JP¥21.7b (loss widened 60% from 3Q 2022). Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Annonce • Dec 08
Aeon Co., Ltd. to Report Q3, 2023 Results on Jan 13, 2023 Aeon Co., Ltd. announced that they will report Q3, 2023 results on Jan 13, 2023 Reported Earnings • Oct 06
Second quarter 2023 earnings released: JP¥1.57 loss per share (vs JP¥0.49 loss in 2Q 2022) Second quarter 2023 results: JP¥1.57 loss per share (further deteriorated from JP¥0.49 loss in 2Q 2022). Revenue: JP¥2.28t (up 4.2% from 2Q 2022). Net loss: JP¥1.33b (loss widened 223% from 2Q 2022). Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year. Annonce • Sep 16
Aeon Co., Ltd. to Report Q2, 2023 Results on Oct 05, 2022 Aeon Co., Ltd. announced that they will report Q2, 2023 results on Oct 05, 2022 Upcoming Dividend • Aug 23
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 28 October 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.4%). Reported Earnings • Jul 08
First quarter 2023 earnings released: EPS: JP¥22.88 (vs JP¥5.91 in 1Q 2022) First quarter 2023 results: EPS: JP¥22.88 (up from JP¥5.91 in 1Q 2022). Revenue: JP¥2.20t (up 2.3% from 1Q 2022). Net income: JP¥19.4b (up 287% from 1Q 2022). Profit margin: 0.9% (up from 0.2% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 2.1%, compared to a 7.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Annonce • Jun 11
Aeon Co., Ltd. to Report Q1, 2023 Results on Jul 06, 2022 Aeon Co., Ltd. announced that they will report Q1, 2023 results on Jul 06, 2022 Reported Earnings • Jun 01
Full year 2022 earnings released: EPS: JP¥7.69 (vs JP¥84.06 loss in FY 2021) Full year 2022 results: EPS: JP¥7.69 (up from JP¥84.06 loss in FY 2021). Revenue: JP¥8.72t (up 1.3% from FY 2021). Net income: JP¥6.50b (up JP¥77.5b from FY 2021). Profit margin: 0.1% (up from net loss in FY 2021). Over the next year, revenue is forecast to grow 3.6%, compared to a 7.6% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Peter Child was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Apr 26
Aeon Co., Ltd. Announces Year-End Dividend for the Year Ended February 28, 2022, Payable on May 2, 2022; Provides Dividend Guidance for the End of Second Quarter and Fiscal Year Ending February 28, 2023 Aeon Co., Ltd. announced a year-end dividend for the year ended February 28, 2022 of JPY 18.00 per share compared to JPY 18.00 per share for the same period last year. Commencement of dividend payments is May 2, 2022. The company provided dividend guidance for the end of second quarter and fiscal year ending February 28, 2023. For the end of second quarter, the company expects to pay a dividend of JPY 18.00 per share compared to JPY 18.00 per share for the same period last year. For the fiscal year ending Feb. 28, 2023, the company expects to pay dividend of JPY 18.00 per share compared to JPY 18.00 per share for the same period last year. Annonce • Apr 10
Aeon Co., Ltd., Annual General Meeting, May 25, 2022 Aeon Co., Ltd., Annual General Meeting, May 25, 2022. Reported Earnings • Apr 09
Full year 2022 earnings released: EPS: JP¥7.69 (vs JP¥84.06 loss in FY 2021) Full year 2022 results: EPS: JP¥7.69 (up from JP¥84.06 loss in FY 2021). Revenue: JP¥8.72t (up 1.3% from FY 2021). Net income: JP¥6.50b (up JP¥77.5b from FY 2021). Profit margin: 0.1% (up from net loss in FY 2021). Over the next year, revenue is forecast to grow 4.3%, compared to a 7.7% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Annonce • Apr 08
Aeon Co., Ltd. to Report Fiscal Year 2022 Results on Apr 08, 2022 Aeon Co., Ltd. announced that they will report fiscal year 2022 results on Apr 08, 2022 Upcoming Dividend • Feb 18
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 25 February 2022. Payment date: 30 April 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.7%). Annonce • Jan 27
Aeon Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending February 28, 2022 Aeon Co., Ltd. provided consolidated earnings guidance for the year ending February 28, 2022. For the year, the company expects operating revenue of JPY 8,620,000 million, operating profit of JPY 2,00,000 million to JPY 220,000 million. Profit attributable to owners of parent of JPY 20,000 million to JPY 30,000 million. Earnings per share of JPY 23.65 to JPY 35.48. Reported Earnings • Jan 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: JP¥16.01 loss per share (down from JP¥5.96 loss in 3Q 2021). Revenue: JP¥2.11t (flat on 3Q 2021). Net loss: JP¥13.5b (loss widened 169% from 3Q 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 3.2%, compared to a 7.7% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Annonce • Dec 29
Aeon Co., Ltd. (TSE:8267) completed the acquisition of an additional 0.15351% minority stake in Can Do Co., Ltd. (TSE:2698) for ¥59.2 million. Aeon Co., Ltd. (TSE:8267) made an offer to acquire an additional 35.4% minority stake in Can Do Co., Ltd. (TSE:2698) for ¥13.7 billion on November 29, 2021. Aeon will acquire 5.936963 million shares of Can Do Co. at a price of ¥2300 per share. Listing of Can Do Co.'s shares will be maintained even after the purchase. Offer will open on November 30, 2021 and will close on December 27, 2021. Kitahama Partners acted as legal advisor to Can Do Co., Ltd. and Aeon Co., Ltd. Deloitte Tohmatsu Financial Advisory LLC acted as financial advisor to Can Do Co., Ltd. and Aeon Co., Ltd.
Aeon Co., Ltd. (TSE:8267) completed the acquisition of an additional 0.15351% minority stake in Can Do Co., Ltd. (TSE:2698) for ¥59.2 million on December 27, 2021. 0.025744 million shares of Can Do Co. were tendered under the Offer. Annonce • Nov 26
Aeon Co., Ltd. (TSE:8267) completed the acquisition of 37.2% stake in Can Do Co., Ltd. (TSE:2698) from Kazuya Kido, Keiko Kido and others. Aeon Co., Ltd. (TSE:8267) made a tender offer to acquire 37.2% stake in Can Do Co., Ltd. (TSE:2698) from Kazuya Kido, Keiko Kido and others for ¥16 billion on October 14, 2021. Under the terms, a maximum of 5.9 million shares will be acquired and a minimum of 3.1 million shares will be acquired at ¥2700 per share. 3.1 million shares will acquired from Kazuya Kido and Keiko Kido. If the first tender offer is successful, on the business day following the day the payment is completed, Aeon plans to start a tender offer with a price (¥2,300 yen) lower than the first tender offer price (¥2,700 yen) as the purchase price. The Tender Offer does not intend to delist the Company's shares, and Can Do Co's shares will remain listed on the First Section of the Tokyo Stock Exchange, Inc. after the Tender Offer. Offer period will run from October 15, 2021 to November 24, 2021. A special committee if formed by Can Do Co. consisting of four members, Toshiro Tamura (Audit and Supervisory Committee Member, Certified Accountant) and Naoki Iida (Audit and Supervisory Committee Member, Lawyer) who are outside directors of Can Do Co, and Akira Nishida (Lawyer, Nishida Law Office) and Yoshihiko Terada (Certified Accountant, Trustees Advisory K.K.), as outside experts.
Kitahama Partners acted as a legal advisor, Deloitte Tohmatsu Financial Advisory LLC acted as a financial advisor and Plutus Consulting Co., Ltd. acted as as third-party calculation organization for Can Do Co., Ltd. Mizuho Securities Co., Ltd., acted as a financial advisor for Aeon.
Aeon Co., Ltd. (TSE:8267) completed the acquisition of 37.2% stake in Can Do Co., Ltd. (TSE:2698) from Kazuya Kido, Keiko Kido and others on November 24, 2021. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 30 August 2021. Payment date: 28 October 2021. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (3.5%). Board Change • Jul 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Peter Child was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 09
First quarter 2022 earnings released: EPS JP¥5.91 (vs JP¥63.92 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥2.15t (up 3.7% from 1Q 2021). Net income: JP¥5.00b (up JP¥59.0b from 1Q 2021). Profit margin: 0.2% (up from net loss in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance. Reported Earnings • May 30
Full year 2021 earnings released: JP¥84.06 loss per share (vs JP¥31.88 profit in FY 2020) The company reported a poor full year result with weaker earnings and control over costs, although revenues were flat. Full year 2021 results: Revenue: JP¥8.60t (flat on FY 2020). Net loss: JP¥71.0b (down 365% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 11
Full year 2021 earnings released: JP¥84.06 loss per share (vs JP¥31.88 profit in FY 2020) The company reported a poor full year result with weaker earnings and control over costs, although revenues were flat. Full year 2021 results: Revenue: JP¥8.60t (flat on FY 2020). Net loss: JP¥71.0b (down 365% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Feb 18
Upcoming Dividend of JP¥18.00 Per Share Will be paid on the 30th of April to those who are registered shareholders by the 25th of February. The trailing yield of 1.0% is below the top quartile of German dividend payers (3.3%), and is lower than industry peers (4.1%). Is New 90 Day High Low • Feb 16
New 90-day high: €27.40 The company is up 16% from its price of €23.60 on 18 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.18 per share. Analyst Estimate Surprise Post Earnings • Jan 18
Revenue misses expectations Revenue missed analyst estimates by 0.2%. Over the next year, revenue is forecast to grow 1.5%, compared to a 1.4% growth forecast for the Consumer Retailing industry in Germany. Analyst Estimate Surprise Post Earnings • Jan 16
Revenue misses expectations Revenue missed analyst estimates by 0.2%. Over the next year, revenue is forecast to grow 1.5%, compared to a 1.6% growth forecast for the Consumer Retailing industry in Germany. Reported Earnings • Jan 14
Third quarter 2021 earnings released: JP¥5.96 loss per share The company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2021 results: Revenue: JP¥2.12t (up 1.2% from 3Q 2020). Net loss: JP¥5.03b (loss narrowed 50% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 77% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Jan 14
Revenue misses expectations Revenue missed analyst estimates by 0.2%. Over the next year, revenue is forecast to grow 1.5%, compared to a 1.7% growth forecast for the Consumer Retailing industry in Germany. Is New 90 Day High Low • Dec 30
New 90-day high: €26.40 The company is up 15% from its price of €23.00 on 01 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.32 per share. Annonce • Dec 27
Aeon Co., Ltd. to Report Q3, 2021 Results on Jan 13, 2021 Aeon Co., Ltd. announced that they will report Q3, 2021 results on Jan 13, 2021 Is New 90 Day High Low • Nov 20
New 90-day high: €24.20 The company is up 15% from its price of €21.00 on 21 August 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.09 per share. Reported Earnings • Oct 17
First half earnings released Over the last 12 months the company has reported total losses of JP¥34.5b, with earnings decreasing by JP¥51.4b from the prior year. Total revenue was JP¥8.58t over the last 12 months, largely unchanged from the prior year. Annonce • Oct 10
Aeon Co., Ltd. to Report Q2, 2021 Results on Oct 07, 2020 Aeon Co., Ltd. announced that they will report Q2, 2021 results on Oct 07, 2020 Reported Earnings • Oct 08
First half earnings released Over the last 12 months the company has reported total losses of JP¥34.5b, with earnings decreasing by JP¥51.4b from the prior year. Total revenue was JP¥8.58t over the last 12 months, largely unchanged from the prior year. Annonce • Oct 02
The Body Shop International Limited signed a purchase and sale agreement to acquire Aeon Forest Co., Ltd. from Aeon Co., Ltd. (TSE:8267) for ¥2.6 million. The Body Shop International Limited signed a purchase and sale agreement to acquire Aeon Forest Co., Ltd. from Aeon Co., Ltd. (TSE:8267) for ¥2.6 million on June 30, 2020. The transfer date is scheduled for October 1, 2020. As of August 14, 2020, the transaction is expected to close in October 2020. As of August 17, 2020, the transaction is expected to close on October 1, 2020. As of October 1, 2020, the transaction has not been completed. Is New 90 Day High Low • Sep 19
New 90-day high: €21.60 The company is up 7.0% from its price of €20.20 on 19 June 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.25 per share.