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Maxvalu Tokai (8198) · TargetAchieved

Multi-Store Expansion of the Supermarket Business in China

First written in FY2016. 8 of 22 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2026.

22entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2018-Q3 – FY2019-Q1ReframedFY2021-Q3 – FY2021RestatedFY2023 – FY2026-H12016: 220162017: 320172018: 320182019: 120192020: 220202021: 220212022: 120222023: 120232024: 120242025: 220252026: 4
Same theme, other companies
Establishment of a Store-Opening and Operating Model in ChinaA theme 7 companies write about · 0 as a headwind · 8 as a tailwind

1 other company's latest entry also says "Achieved".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026AchievedAnnual report

    「AEON Maxvalu (Guangzhou) Commercial Co., Ltd., formerly a consolidated subsidiary, was excluded from the scope of consolidation because its liquidation was completed on 14 November 2025.」

    The multi-store expansion in Guangdong Province, China, had shifted toward termination, and the completion of liquidation of the Guangzhou subsidiary completed the termination procedures.
  2. FY2026-H1RestatedAnnual report

    「In its China business, イオンマックスバリュ(広州)商業有限公司 worked to improve management through stronger promotions, enhanced product offerings and digitalization to generate earnings. However, after comprehensively and carefully reviewing the outlook for the Group's business operations as a whole, the company resolved to dissolve the consolidated subsidiary.」

    The company again states that, although improvement measures were implemented for the Guangzhou subsidiary, the process led to a resolution for dissolution, confirming the move toward ending its multi-store operations in China.
  3. FY2025DroppedAnnual report

    「Since its establishment, イオンマックスバリュ(広州)商業有限公司 had worked to strengthen its management foundation through various initiatives, including store revitalization, stronger product offerings and digitalization, in order to generate earnings. However, it fell significantly short of securing the expected number of customers, and a resolution to dissolve and liquidate the company was passed at a shareholders' meeting held on 17 May 2025.」

    The multi-store expansion of MaxValu in Guangdong Province, China, shifted from a policy of continuation toward termination because the company was unable to secure the expected number of customers, and a resolution for dissolution and liquidation was passed.
  4. FY2024-Q3RestatedAnnual report

    「In its China business, イオンマックスバリュ(広州)商業有限公司 has continued working to increase sales and customer numbers, including by revamping the “Super Tuesday Market” campaign with uniformly priced products offering good value, expanding staffed sampling during the evening hours, which account for a high proportion of sales, and implementing measures centered on the ¥10 fixed-price campaign to increase the number of items purchased.」

    The China business, centered on Guangzhou, has continued efforts to increase sales and customer numbers through uniformly priced campaigns and time-of-day-specific sales initiatives.
  5. FY2023RestatedAnnual report

    「As of the date of filing this annual securities report, the company operates 6 supermarkets in Guangdong Province, China,」

    Following the liquidation of the Jiangsu business, the China business continues to consist primarily of 6 stores in Guangdong Province.
  6. FY2023-Q2AdvancedAnnual report

    「イオンマックスバリュ(江蘇)商業有限公司 completed its liquidation as of 17 June 2022.」

    Following the closure of the operating stores and the resolutions for dissolution and liquidation, procedures for the Jiangsu subsidiary proceeded through completion of liquidation as of 17 June 2022. The China business was reorganized around the Guangzhou business.
  7. FY2021ReframedAnnual report

    「Since its establishment, イオンマックスバリュ(江蘇)商業有限公司 had worked to strengthen its management foundation through various initiatives, including store revitalization, stronger product offerings and digitalization, in order to generate earnings. However, it fell significantly short of securing the expected number of customers and closed all operating stores by the end of February 2021. At a shareholders' meeting held on 20 March, a resolution was passed to dissolve and liquidate the company.」

    The multi-store expansion in China has contracted geographically as the Guangdong business remains while the 2 Jiangsu stores were closed and the subsidiary proceeded to dissolution and liquidation.
  8. FY2021-Q3ReframedAnnual report

    「In addition to improving profitability through cost controls, both companies each closed 1 store to improve management efficiency.」

    While expanding its multi-store operations in China, the Guangzhou and Jiangsu companies each closed 1 store, indicating an emphasis not only on increasing the number of stores but also on cost management and improving the efficiency of the store network.
  9. FY2020AdvancedAnnual report

    「The number of stores in the China business reached 9: 7 operated by イオンマックスバリュ(広州)商業有限公司 and 2 operated by イオンマックスバリュ(江蘇)商業有限公司.」

    The China business expanded from its previous structure of 6 to 8 stores concentrated in Guangdong Province to a structure spanning 2 regions and 9 stores, including 2 stores in Jiangsu Province following the management integration.
  10. FY2020-Q3ReframedAnnual report

    「Following a contract change at the shopping center in which it operated, the company closed MaxValu Baiyunhui Plaza in Guangzhou at the end of September, reducing the number of stores to 7. イオンマックスバリュ(江蘇)商業有限公司 has responded to changes in consumer purchasing patterns accompanying changes in the business environment, including by developing flagship products with stronger price appeal.」

    While the Guangzhou business closed 1 store, reducing its total to 7, the supermarket subsidiary in Jiangsu Province became a consolidated subsidiary following the management integration, changing the regional composition of the China business from a focus on Guangdong Province to one that also includes Jiangsu Province.
  11. FY2019RestatedAnnual report

    「In response to changes in consumer spending patterns driven by rising income levels in China, the company has been developing products and store operations targeting upper-middle-income consumers in their 30s and 40s.」

    The company has continued to upgrade its products and store operations and expand its store network in China. While it opened 2 new stores, it closed 1 store after equipment failures at a shopping center, leaving 8 stores at the end of the period.
  12. FY2019-Q1AdvancedAnnual report

    「イオンマックスバリュ(広州)商業有限公司 opened MaxValu Shengdi Xintiandi in January and MaxValu Hengbao Plaza, its ninth store, in Liwan District, Guangzhou, in April.」

    In Guangdong Province, China, the company opened Shengdi Xintiandi in January and Hengbao Plaza, its ninth store, in April, advancing its multi-store expansion.
  13. FY2018AdvancedAnnual report

    「In addition, in January 2018, the company opened MaxValu Shengdi Xintiandi, its eighth store, in Liwan District, Guangzhou.」

    In Guangdong Province, China, the company opened its eighth store in January 2018, expanding its store network from the 7 stores it had partway through the previous fiscal year.
  14. FY2018-Q3AdvancedAnnual report

    「イオンマックスバリュ(広州)商業有限公司 opened Baiyunhui Plaza (Baiyun District, Guangzhou) in September, bringing the number of stores to 7.」

    In its China business, the company opened Baiyunhui Plaza in September, increasing the number of stores from the previous 6 to 7.
  15. FY2018-Q2RestatedAnnual report

    「イオンマックスバリュ広州(商業)有限公司 is working to increase sales by promoting regular campaigns, including the ¥10 fixed-price sale held at all 6 stores in June, including weekends, and by highlighting monthly priority products to increase the number of items purchased.」

    The China business is working to boost sales through regular promotions based on an operating structure of 6 stores, confirming the current status of its multi-store expansion.
  16. FY2017AdvancedAnnual report

    「In addition, the opening of MaxValu Foshan Nanhai Guicheng (Nanhai District, Foshan) in January 2017 brought the total number of stores in Guangzhou and Foshan, Guangdong Province, to 6.」

    In its China business, the company opened Foshan Nanhai Guicheng in January 2017, increasing the number of stores from 5 as of the third quarter to 6.
  17. FY2017-Q3AdvancedAnnual report

    「As part of its store expansion, the company opened MaxValu Kaishu Zhenshin Road (Haizhu District, Guangzhou) in May and MaxValu Kaishu Hopson Plaza (Haizhu District, Guangzhou) in November, bringing the cumulative number of stores to 5 as of the end of November.」

    The company opened new stores in Guangzhou, China, in May and November, increasing the number of stores in its China business from 4 to a cumulative total of 5.
  18. FY2017-Q2AdvancedAnnual report

    「In addition, in May we opened the Maxvalu Haizhu Qianjin Road store in Haizhu District, Guangzhou, bringing the store network to 4 locations.」

    The company opened a new store in Guangzhou, China, in May, bringing the Chinese business's store network to 4 locations.
  19. FY2016First statedAnnual report

    「The consolidated subsidiary aims to develop a chain of supermarkets under the Maxvalu store name in and around Guangzhou, Guangdong Province, China.」

    The company identified the multi-store expansion of Maxvalu stores in Guangdong Province, China, as the basic goal of its overseas business.
Moved together

"Sustainable Growth and Revitalization Renovations for Existing Stores" moved the same way as this thread, in the same document, in 10 of its 22 moves.

10109876★123456
  1. ★This thread
  2. 1Sustainable Growth and Revitalization Renovations for Existing Stores10×
  3. 2Expanding the Small-Store Format as a Core Growth Strategy10×
  4. 3Flexible Store Expansion Across Three Formats and Higher Sales Share9×
  5. 4New Stores, a Low-Cost Operating Model and Earnings Improvement in China8×
  6. 5Stable Shareholder Returns Targeting a 30% Dividend Payout Ratio7×
  7. 6Environmental Conservation and Contributions to Local Communities6×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Maxvalu Tokai yet. It last moved in the General Meetings of Shareholders of 2026-04-24: "Achieved".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Multi-Store Expansion of the Supermarket Business in China | Maxvalu Tokai Co.,Ltd. (8198) | Komori