Expansion of the Cardholder Base, Card Utilization and Merchant Network

「The number of active AEON Pay members was 12.08 million, up 3.92 million from the beginning of the period. As a result, the number of active IDs in Japan, including AEON Pay, was 39.25 million, up 3.09 million, including 26.54 million active card members, up 370,000.」

「The number of active IDs in Japan was 36.15 million, up 2.09 million from the beginning of the period, including 26.16 million active card members, up 320,000.」

「The company aims to expand its customer base in the Chugoku, Shikoku and Hyogo areas by deepening cooperation in payment services, including issuing new co-branded cards with Fuji.」

「Under these circumstances, the company sought to expand its customer base, transaction volumes and operating receivables balances by providing financial services that address customers' spending trends, funding needs and asset management needs.」

「As a result, new card member registrations during the consolidated accounting period totaled 1.58 million, while domestic active members totaled 31.49 million, an increase of 670,000 from the beginning of the period.」

「In addition, in each of the countries where the company operates in Japan and overseas, payment transaction volumes, including card shopping, and operating receivables balances increased」

「This was attributable in part to a ¥16.379 billion increase in installment receivables, driven by growth in card shopping transaction volumes, and a ¥12.9638 billion increase in loans due to higher card cash advance and personal loan balances and residential mortgage loans, while cash and deposits decreased by ¥14.4522 billion.」

「The company sought to expand card shopping transaction volumes and operating receivables balances by providing financial services that address customers' spending trends and funding needs and implementing timely, appropriate promotional measures.」

「In addition to growth in card shopping transaction volumes and receivables balances in Japan and overseas, personal loan and individual installment credit balances expanded in the international business,」

「During the second quarter of the current consolidated cumulative period, the company sought to expand various transaction volumes through promotional measures addressing changes in customer spending trends as economic activity recovered in the countries and regions where it operates. Card shopping transaction volumes and balances increased in Japan and overseas, while personal loan and individual installment credit balances also expanded in the international business.」

「During the first quarter of the current consolidated cumulative period, the company sought to expand various transaction volumes through promotional measures addressing changes in customer spending trends as economic activity recovered in the countries and regions where it operates following the easing of the COVID-19 pandemic. In addition to the recovery in card shopping transaction volumes and balances in Japan and overseas, balances of personal loans and individual installment credit expanded in the international business.」

「Domestic card shopping transaction volumes in particular exceeded pre-pandemic levels and reached a record high.」

「In addition, the company sought to expand various transaction volumes through promotional measures addressing changes in customer spending trends. Domestic card shopping transaction volumes in particular reached a record high, exceeding pre-pandemic levels.」

「In addition, promotional measures tailored to changes in customer spending trends helped card shopping transaction volumes recover to pre-pandemic levels, resulting in consolidated operating revenue of ¥237.966 billion, up 3.2% year on year.」

「For points earned based on spending on AEON-branded credit cards (AEON Cards), the Group will change the points awarded for purchases made on or after 11 September this year from “Tokimeki Points” to “WAON POINT.” By improving the value and ease of use of AEON Cards and responding more precisely to customers' payment needs, the Group will further promote cashless payments. Accumulated points will be usable for purchases in units of 1 point, making the points easier for customers to use.」

「The company leveraged its distinctive customer base, built on partnerships with leading, highly regarded companies such as AEON Group retailers handling food and daily necessities, e-commerce channels and public transportation operators. It provided more convenient payment methods, enhanced its screening processes and diversified its marketing methods, thereby expanding new customer segments.」

「In Japan, in line with the government's promotion of cashless payments ahead of the consumption tax increase in October, the company pursued card member acquisition initiatives and focused on expanding its customer base, while promoting the use of AEON Cards and debit cards inside and outside the AEON Group. In addition, it registered cards for automatic utility bill payments and conducted various campaigns to make AEON Card the primary card, resulting in growth in cumulative shopping transaction volumes for the consolidated fiscal year.」

「In Japan, in line with the government's promotion of cashless payments ahead of the consumption tax increase in October, the company ran various campaigns related to registering cards for automatic utility bill payments and card purchases, encouraging newly acquired members to continue using their cards and make an AEON Card their primary card.」

「In Japan, ahead of the consumption tax increase in October, the company promoted cashless payments inside and outside the AEON Group, encouraged the use of AEON Cards and debit cards, and focused on expanding its customer base to increase transaction volumes over the medium to long term.」

「In Japan, ahead of the planned October consumption tax increase, the company worked on member acquisition initiatives in line with the government's promotion of cashless payments and focused on expanding its business base.」

「In Hong Kong, Thailand and Malaysia, the company's locally listed entities issued new cards targeting middle- and high-income customers and worked to improve loyalty.」

「In Japan, the number of active members increased and transaction volumes grew, while recurring revenue and ordinary income expanded, partly due to the issuance of various new cards targeting new customer segments, including younger and male customers.」

「In Japan, transaction volumes increased and recurring revenue grew substantially, partly because the number of active members increased, driven by points initiatives linked to AEON Group retail stores.」

「The company will expand its business and reduce credit costs by increasing the number of card members, activation rates and the merchant network, while strengthening the screening process and organizational structure that support them.」