Worth reading
54Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
327
¥100 million (year-on-year change in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationFiscal year ended February 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales107,153 Hundreds of millions of yen+5.7%
Operating profit2,704 Hundreds of millions of yen+13.8%
Ordinary income2,430 Hundreds of millions of yen+8.4%
Net income726 Hundreds of millions of yen+167.5%
Results for the three months of the current quarterStandalone segment operating profit results for 25.4QT are presented: GMS ¥21.4 billion, SM ¥29.8 billion, DS ¥7.2 billion, health and wellness ¥52.3 billion, integrated financial services ¥60.8 billion, developers ¥70.9 billion, services and specialty stores ¥27.0 billion, and international ¥10.2 billion.
Full-year earnings forecast
Operating revenue
120,000 Hundreds of millions of yen
Operating profit
3,400 Hundreds of millions of yen
Ordinary income
2,900 Hundreds of millions of yen
Profit attributable to owners of the parent
730 Hundreds of millions of yen
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Waterfall charts show the factors behind changes in gross operating profit, personnel expenses, equipment expenses and other items for each segment. The consolidated factor amounts are not disclosed.
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Growth and improved profitability in the retail business, increased profits from the developer, health and wellness, services and specialty stores businesses, and the introduction of the Group consolidated taxation system from fiscal 2026.New initiatives
Expansion of the business in Vietnam, investment in supply chain management, process centers and DX for the retail business, utilization of existing assets, expansion of My Basket store openings, and introduction of the Group consolidated taxation system.Key KPIsA metric the company considers important as a management benchmark.
- TOPVALU sales year on year (Group total)110 %Year on year against the same period last yearYear on year
- Locations accepting AEON Pay415 10,000 locationsYear on year against the same period last yearIncrease of 1.11 million locations from the beginning of the fiscal year
- AEON Pay members1,208 10,000 peopleYear on year against the same period last yearIncrease of 3.92 million members from the beginning of the fiscal year
- Box office revenue from non-film content23.3 % increaseYear on year against the same period last year+23.3%
- Attendance at non-film content27.3 % increaseYear on year against the same period last year+27.3%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
For GMS, SM, DS and other businesses, the presentation includes same-store sales, customer numbers, items purchased per customer and average price per item. For AEON Retail, it reports same-store sales of 102.5%, customer numbers of 100.1%, and e-commerce sales of 109.3% year on year.Segment results
GMS business
Operating revenue
36,918 Hundreds of millions of yen+3.7%
Operating profit
214 Hundreds of millions of yen+31.0%
Supermarket business
Operating revenue
30,857 Hundreds of millions of yen+1.0%
Operating profit
298 Hundreds of millions of yen-8.2%
DS business
Operating revenue
4,305 Hundreds of millions of yen+4.6%
Operating profit
72 Hundreds of millions of yen-9.5%
Health and wellness business
Operating revenue
16,333 Hundreds of millions of yen+23.5%
Operating profit
523 Hundreds of millions of yen+45.4%
Integrated financial services business
Operating revenue
5,675 Hundreds of millions of yen+7.0%
Operating profit
608 Hundreds of millions of yen-0.5%
Developer business
Operating revenue
5,224 Hundreds of millions of yen+5.3%
Operating profit
709 Hundreds of millions of yen+33.7%
Services and specialty stores business
Operating revenue
7,596 Hundreds of millions of yen+3.3%
Operating profit
270 Hundreds of millions of yen+15.7%
International Business
Operating revenue
5,682 Hundreds of millions of yen+3.5%
Operating profit
102 Hundreds of millions of yen+7.7%
Other
Operating revenue
806 Hundreds of millions of yen+18.2%
Operating profit
-141 Hundreds of millions of yen
Medium-term management plan targets
Total investment of ¥400–450 billion on average under the previous medium-term management plan. Investment plan of ¥580 billion for fiscal 2026.Number of stores and locations
1,323 My Basket stores, 395 AEON Retail stores, 294 stores using Regi Go, 288 stores using electronic shelf labels, 372 stores using AI ordering, and 412 stores using all-in-one devices, all as of the date of the presentation.Annual Dividend
The forecast for fiscal 2026 is ¥15 per share: ¥7.5 per share as the interim dividend and ¥7.5 per share as the year-end dividend. Before taking the stock split into account, the interim and year-end dividends would each be ¥22.5, for a total of ¥45.| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Fiscal year ended February 2026 |
| Net Sales | 107,153 Hundreds of millions of yen (YoY +5.7%) |
| Operating profit | 2,704 Hundreds of millions of yen (YoY +13.8%) |
| Ordinary income | 2,430 Hundreds of millions of yen (YoY +8.4%) |
| Net income | 726 Hundreds of millions of yen (YoY +167.5%) |
| Results for the three months of the current quarter | Standalone segment operating profit results for 25.4QT are presented: GMS ¥21.4 billion, SM ¥29.8 billion, DS ¥7.2 billion, health and wellness ¥52.3 billion, integrated financial services ¥60.8 billion, developers ¥70.9 billion, services and specialty stores ¥27.0 billion, and international ¥10.2 billion. |
| Full-year earnings forecast | Operating revenue 120,000 Hundreds of millions of yen / Operating profit 3,400 Hundreds of millions of yen / Ordinary income 2,900 Hundreds of millions of yen / Profit attributable to owners of the parent 730 Hundreds of millions of yen |
| Segment results | GMS business Operating revenue 36,918 Hundreds of millions of yen (YoY +3.7%) / Operating profit 214 Hundreds of millions of yen (YoY +31.0%) / Supermarket business Operating revenue 30,857 Hundreds of millions of yen (YoY +1.0%) / Operating profit 298 Hundreds of millions of yen (YoY -8.2%) / DS business Operating revenue 4,305 Hundreds of millions of yen (YoY +4.6%) / Operating profit 72 Hundreds of millions of yen (YoY -9.5%) / Health and wellness business Operating revenue 16,333 Hundreds of millions of yen (YoY +23.5%) / Operating profit 523 Hundreds of millions of yen (YoY +45.4%) / Integrated financial services business Operating revenue 5,675 Hundreds of millions of yen (YoY +7.0%) / Operating profit 608 Hundreds of millions of yen (YoY -0.5%) / Developer business Operating revenue 5,224 Hundreds of millions of yen (YoY +5.3%) / Operating profit 709 Hundreds of millions of yen (YoY +33.7%) / Services and specialty stores business Operating revenue 7,596 Hundreds of millions of yen (YoY +3.3%) / Operating profit 270 Hundreds of millions of yen (YoY +15.7%) / International Business Operating revenue 5,682 Hundreds of millions of yen (YoY +3.5%) / Operating profit 102 Hundreds of millions of yen (YoY +7.7%) / Other Operating revenue 806 Hundreds of millions of yen (YoY +18.2%) / Operating profit -141 Hundreds of millions of yen |
| Breakdown of Factors Affecting the Change | Waterfall charts show the factors behind changes in gross operating profit, personnel expenses, equipment expenses and other items for each segment. The consolidated factor amounts are not disclosed. |
| Key KPIs | Indicator name TOPVALU sales year on year (Group total) / Value 110 % / Year on year against the same period last year Year on year, Indicator name Locations accepting AEON Pay / Value 415 10,000 locations / Year on year against the same period last year Increase of 1.11 million locations from the beginning of the fiscal year, Indicator name AEON Pay members / Value 1,208 10,000 people / Year on year against the same period last year Increase of 3.92 million members from the beginning of the fiscal year, Indicator name Box office revenue from non-film content / Value 23.3 % increase / Year on year against the same period last year 23.3 % increase, Indicator name Attendance at non-film content / Value 27.3 % increase / Year on year against the same period last year 27.3 % increase |
| Unit price and quantity metrics | For GMS, SM, DS and other businesses, the presentation includes same-store sales, customer numbers, items purchased per customer and average price per item. For AEON Retail, it reports same-store sales of 102.5%, customer numbers of 100.1%, and e-commerce sales of 109.3% year on year. |
| Number of stores and locations | 1,323 My Basket stores, 395 AEON Retail stores, 294 stores using Regi Go, 288 stores using electronic shelf labels, 372 stores using AI ordering, and 412 stores using all-in-one devices, all as of the date of the presentation. |
| Assumptions Underlying the Business Outlook | Growth and improved profitability in the retail business, increased profits from the developer, health and wellness, services and specialty stores businesses, and the introduction of the Group consolidated taxation system from fiscal 2026. |
| Medium-term management plan targets | Total investment of ¥400–450 billion on average under the previous medium-term management plan. Investment plan of ¥580 billion for fiscal 2026. |
| Annual Dividend | The forecast for fiscal 2026 is ¥15 per share: ¥7.5 per share as the interim dividend and ¥7.5 per share as the year-end dividend. Before taking the stock split into account, the interim and year-end dividends would each be ¥22.5, for a total of ¥45. |
| New initiatives | Expansion of the business in Vietnam, investment in supply chain management, process centers and DX for the retail business, utilization of existing assets, expansion of My Basket store openings, and introduction of the Group consolidated taxation system. |
Items this document does not state (14)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planNumber of employeesRisk amount incorporated into the outlookFinancial targetsPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The increase in profit was driven by the Group's comprehensive capabilities, business structure reforms, expanded sales of TOPVALU products, store DX and operational efficiency initiatives, and growth in the developer, health and wellness, services and specialty stores businesses. In addition, the increase in one-time costs associated with the business structure reforms was offset by a gain on step acquisitions arising from the consolidation of Tsuruha Holdings.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.