Komori
Earnings presentation8267AEON CO.,LTD.Retail

Supplementary Financial Results Material for the First Quarter of the Fiscal Year Ending February 2027 (102nd Fiscal Year)

In the first quarter through May 2026, operating revenue increased 14.6% year on year, operating income rose 33.6%, and profit before tax increased 56.1%. The Health & Wellness segment grew substantially, driven in part by the consolidation of Tsuruha Holdings, while certain businesses, including the GMS and Supermarket segments, reported operating losses or lower operating income.

Worth reading
39Recurring
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
18921
Millions of yen (year-on-year change in operating profit)
Wording
Definitive
How definitive the wording is.

Contents of this document

Supplementary materials to the earnings reportFirst quarter of the fiscal year ending February 20275 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales2,941,981 Millions of yen +14.6%operating revenue
Operating profit¥75,203 million+33.6%
Ordinary income¥63,582 million+32.3%
Net income¥13,809 million profit attributable to owners of the parent
Selling, general and administrative expenses¥977,042 million
Operating profit margin
rate_pct2.6
yoy_change_points0.4
Results for the three months of the current quarter
Operating revenue
¥2,941,981 million
Operating profit
¥75,203 million
Ordinary income
¥63,582 million
Quarterly profit before tax
¥61,226 million
Profit attributable to owners of parent for the quarter
¥13,809 million
What the company explained in this material
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Exchange rate
CurrencyMalaysian ringgit
Average during the fiscal year ended May 2025¥34.44
Average during the fiscal year ended May 2026¥39.35
New initiatives
  • Consolidation of Tsuruha Holdings as a subsidiary
  • Conversion of AEON Mall and AEON Delight into wholly owned subsidiaries
  • Transfer of AEON Fantasy from the Services & Specialty Stores segment to the Developer & Entertainment segment
  • Renaming of the Developer segment and reorganization of related operating companies
  • Absorption merger of Joyful Sun by AEON Kyushu
  • Company split involving the transfer of operations by AEON Financial Service and absorption merger of AFS Corporation
Key KPIsA metric the company considers important as a management benchmark.
  • TOPVALU sales (group total)¥3,061 hundred million
    Year on year against the same period last year+5.2%
  • Operating margin on operating revenue2.6 %
    Year-on-year change0.4
  • Ordinary income margin on operating revenue2.2 %
    Year-on-year change0.3
  • ROE1.1 %
    Year-on-year change1.7
  • ROIC0.9 %
    Year-on-year change0.1
  • Equity ratio7.8 %
    Year-on-year change0.9
  • Debt-to-equity ratio (excluding financial services)2.6 times
    Year-on-year change-0.1
  • Consolidated interest-bearing debt¥4,570,545 million
    Year on year against the same period last year+2.4%
Segment results
  • GMS business
    Sales¥923,251 million (YoY +3.9%)
    Operating profit¥-3,455 million
  • Supermarket business
    Sales¥757,219 million (YoY -0.4%)
    Operating profit¥-800 million
  • Discount store business
    Sales¥109,200 million (YoY +1.1%)
    Operating profit¥257 million (YoY -85.8%)
  • Health and wellness business
    Sales¥638,003 million (YoY +89.9%)
    Operating profit¥26,696 million (YoY +216.0%)
  • Integrated financial services business
    Sales¥151,596 million (YoY +8.8%)
    Operating profit¥18,185 million (YoY +35.6%)
  • Developer & Entertainment business
    Sales¥174,072 million (YoY +9.2%)
    Operating profit¥27,847 million (YoY +43.3%)
  • Services and specialty stores business
    Sales¥158,315 million (YoY +2.6%)
    Operating profit¥4,402 million (YoY -7.4%)
  • International Business
    Sales¥169,653 million (YoY +11.9%)
    Operating profit¥5,722 million (YoY +35.0%)
  • Other Businesses
    Sales¥22,552 million (YoY +21.0%)
    Operating profit¥-3,669 million
Capital expenditures
¥107,644 million
Contents of this document
ItemDetails
Document typeSupplementary materials to the earnings report
Fiscal Period CoveredFirst quarter of the fiscal year ending February 2027
Net Sales2,941,981 Millions of yen (operating revenue) (YoY +14.6%)
Operating profit¥75,203 million (YoY +33.6%)
Ordinary income¥63,582 million (YoY +32.3%)
Net income¥13,809 million (profit attributable to owners of the parent)
Operating profit marginrate_pct 2.6 / yoy_change_points 0.4
Selling, general and administrative expenses¥977,042 million
Results for the three months of the current quarterOperating revenue ¥2,941,981 million / Operating profit ¥75,203 million / Ordinary income ¥63,582 million / Quarterly profit before tax ¥61,226 million / Profit attributable to owners of parent for the quarter ¥13,809 million
Segment resultsSegment GMS business / Sales ¥923,251 million (YoY +3.9%) / Operating profit ¥-3,455 million, Segment Supermarket business / Sales ¥757,219 million (YoY -0.4%) / Operating profit ¥-800 million, Segment Discount store business / Sales ¥109,200 million (YoY +1.1%) / Operating profit ¥257 million (YoY -85.8%), Segment Health and wellness business / Sales ¥638,003 million (YoY +89.9%) / Operating profit ¥26,696 million (YoY +216.0%), Segment Integrated financial services business / Sales ¥151,596 million (YoY +8.8%) / Operating profit ¥18,185 million (YoY +35.6%), Segment Developer & Entertainment business / Sales ¥174,072 million (YoY +9.2%) / Operating profit ¥27,847 million (YoY +43.3%), Segment Services and specialty stores business / Sales ¥158,315 million (YoY +2.6%) / Operating profit ¥4,402 million (YoY -7.4%), Segment International Business / Sales ¥169,653 million (YoY +11.9%) / Operating profit ¥5,722 million (YoY +35.0%), Segment Other Businesses / Sales ¥22,552 million (YoY +21.0%) / Operating profit ¥-3,669 million
Key KPIsIndicator TOPVALU sales (group total) / Value ¥3,061 hundred million / Year on year against the same period last year ¥5.2 hundred million, Indicator Operating margin on operating revenue / Value 2.6 % / Year-on-year change 0.4 %, Indicator Ordinary income margin on operating revenue / Value 2.2 % / Year-on-year change 0.3 %, Indicator ROE / Value 1.1 % / Year-on-year change 1.7 %, Indicator ROIC / Value 0.9 % / Year-on-year change 0.1 %, Indicator Equity ratio / Value 7.8 % / Year-on-year change 0.9 %, Indicator Debt-to-equity ratio (excluding financial services) / Value 2.6 times / Year-on-year change -0.1 times, Indicator Consolidated interest-bearing debt / Value ¥4,570,545 million / Year on year against the same period last year ¥2.4 million
Assumptions Underlying the Business OutlookExchange rate Currency Malaysian ringgit / Average during the fiscal year ended May 2025 ¥34.44 / Average during the fiscal year ended May 2026 ¥39.35
Capital expenditures¥107,644 million
New initiativesConsolidation of Tsuruha Holdings as a subsidiary, Conversion of AEON Mall and AEON Delight into wholly owned subsidiaries, Transfer of AEON Fantasy from the Services & Specialty Stores segment to the Developer & Entertainment segment, Renaming of the Developer segment and reorganization of related operating companies, Absorption merger of Joyful Sun by AEON Kyushu, Company split involving the transfer of operations by AEON Financial Service and absorption merger of AFS Corporation
Items this document does not state (17)
Gross Profit MarginFull-year earnings forecastProgress against full-year forecastSelf-assessment against the planBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesOrders 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 company lists the consolidation of Tsuruha Holdings, the conversion of AEON Mall and AEON Delight into wholly owned subsidiaries, absorptions and mergers, and business transfers among the companies as changes involving consolidated subsidiaries and equity-method affiliates. Operating income increased 216.0% year on year in the Health & Wellness segment, 35.6% in the Integrated Financial Services segment, and 43.3% in the Developer & Entertainment segment.

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.
Supplementary Financial Results Material for the First Quarter of the Fiscal Year Ending February 2027 (102nd Fiscal Year) | AEON CO.,LTD. (8267) timely disclosure | Komori