Creating synergies through collaboration with the AEON Group

「イオングループのスケールとシナジーを活用した商品開発を推進し」

「In store development, the Group opened 57 new stores during the current interim consolidated accounting period by opening highly efficient stores centered on Group locations and expanding consignment stores through collaboration with business partners. These comprised 40 directly operated stores, including consignment stores, and 17 franchise stores, including alliance stores.」

「AEON CO.,LTD. is responsible for formulating group strategy, optimally allocating group management resources, disseminating and controlling management principles and basic policies, and providing common services, thereby maximizing group synergies. The company, meanwhile, operates its business based on its own management policies, faces no particular business restrictions imposed by AEON CO.,LTD. and, as a listed company, has secured sufficient independence from its parent and other related companies.」

「Under the new medium-term plan, we aim to achieve consolidated net sales of ¥100 billion, operating profit of ¥2.5 billion (operating margin of 2.5%), ordinary profit of ¥2.5 billion (ordinary profit margin of 2.5%), net income of ¥1 billion (net income margin of 1.0%) and 1,605 stores in the fiscal year ending February 2031, the final year of the plan.」

「In this environment, to continue pursuing maximum customer satisfaction through collaboration with the AEON Group, we focused on acquiring new customers and reforming store systems as company-wide priorities for the current fiscal year, based on the three pillars of expanding sales channels, differentiating products and brands, and enhancing corporate value. To expand sales channels, we accelerated the opening of highly efficient stores centered on Group locations by advancing improvements to the “Lifestyle Proposal Shop (New Can★Do).” There were 69 new store openings, comprising 49 directly operated stores (including consignment stores) and 20 franchise stores (including alliance stores), and 37 store closures, resulting in an increase of 32 stores.」

「Under these circumstances, our group continued to pursue the maximisation of customer satisfaction through collaboration with the AEON Group. As our company-wide policy for the current fiscal year, we adopted “Securing Profit through Growth and Improved Productivity” and focused on “Expanding Sales Channels,” “Differentiating Products and Brands,” and “Enhancing Corporate Value.”」

「We aim to further increase profits by expanding sales opportunities, raising brand awareness and reducing costs through the use of AEON Group assets and synergies.」

「To maximize synergies through collaboration with the AEON Group, we have established the expansion of sales channels, product and brand differentiation, and enhancement of corporate value as our priorities and are working to maximize customer satisfaction. To expand sales channels, we accelerated store openings, primarily within the AEON Group. As a result, there were 75 new store openings, comprising 61 directly operated stores (including consignment stores) and 14 franchise stores, and 48 store closures, resulting in an increase of 27 stores.」

「To maximize synergies through collaboration with the AEON Group, we have established the expansion of sales channels, product and brand differentiation, and enhancement of corporate value as our priorities and are working to maximize customer satisfaction. To expand sales channels, we accelerated store openings, primarily within the AEON Group. As a result, there were 47 new store openings, comprising 37 directly operated stores (including consignment stores) and 10 franchise stores, and 32 store closures, resulting in a net increase of 15 stores. Accordingly, the number of stores at the end of the second quarter of the current consolidated fiscal year was 1,260, comprising 853 directly operated stores (including consignment stores), 400 franchise stores and 7 overseas franchise stores.」

「To maximize synergies through collaboration with the AEON Group, we have established the expansion of sales channels, product and brand differentiation, and enhancement of corporate value as our priorities and are working to maximize customer satisfaction. To expand sales channels, we accelerated store openings, primarily within the AEON Group. As a result, there were 24 new store openings, comprising 19 directly operated stores (including consignment stores) and 5 franchise stores, and 12 store closures, resulting in a net increase of 12 stores. Accordingly, the number of stores at the end of the first quarter of the current consolidated fiscal year was 1,257, comprising 848 directly operated stores (including consignment stores), 402 franchise stores and 7 overseas franchise stores.」

「To enhance corporate value, we are proceeding with plans to promote store openings at AEON Group companies and product collaboration. In addition, to improve profitability and corporate value by creating synergies with the AEON Group and promoting the digital shift, we are progressively introducing WAON and AEON Pay to improve customer convenience and create “connections within the AEON lifestyle sphere.” We also plan to further reduce store-opening and equipment-management costs by continuing to jointly procure fixtures and supplies with the AEON Group.」

「To enhance corporate value, we are proceeding with plans to promote store openings at AEON Group companies and product collaboration. In addition, to improve profitability and corporate value by creating synergies with the AEON Group and promoting the digital shift, we are progressively introducing WAON and AEON Pay to improve customer convenience and create “connections within the AEON lifestyle sphere.” We also plan to further reduce store-opening and equipment-management costs by continuing to jointly procure fixtures and supplies with the AEON Group.」

「The Group also became a subsidiary of AEON CO., LTD. on 5 January 2022. To maximize synergies through collaboration with the AEON Group, we have established the expansion of sales channels, product and brand differentiation, and enhancement of corporate value as our priorities and are working to maximize customer satisfaction. To expand sales channels, we accelerated store openings, primarily for directly operated stores in commercial facilities and on high streets and consignment stores operated with major existing business partners. As a result, there were 110 new store openings, comprising 74 directly operated stores (including consignment stores) and 36 franchise stores, and 57 store closures, resulting in a net increase of 53 stores.」

「The Group also became a subsidiary of AEON CO., LTD. on 5 January 2022. To maximize synergies through collaboration with the AEON Group, we have established the expansion of sales channels, product and brand differentiation, and enhancement of corporate value as our priorities and are working to maximize customer satisfaction. To expand sales channels, we accelerated store openings, primarily for directly operated stores in commercial facilities and on high streets and consignment stores operated with major existing business partners. As a result, there were 76 new store openings, comprising 54 directly operated stores (including consignment stores) and 22 franchise stores, and 42 store closures, resulting in a net increase of 34 stores.」

「The Group also became a subsidiary of AEON CO., LTD. on 5 January 2022. To maximize synergies through collaboration with the AEON Group, we have established the expansion of sales channels, product and brand differentiation, and enhancement of corporate value as our priorities and are working to maximize customer satisfaction. To expand sales channels, we accelerated store openings, primarily for franchise and consignment stores operated with major existing business partners.」

「While maximizing synergies through collaboration with the AEON Group, we will implement the following initiatives toward achieving the five-year plan and enhance corporate value by maximizing customer satisfaction.」