Making Overseas Business a Fourth Pillar Through the Full Ownership of Vietnam’s PTF
First written in FY2024-Q3. 3 of 6 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In Vietnam, the transfer of the individual installment sales business from local subsidiary ACS Trading Vietnam Co., Ltd. (ACSTV) to ACF, the finance company in which the Company acquired an interest on 3 February 2025, was completed on 1 October 2025. The Company worked to promote cross-selling, including personal loans for individual installment sales customers, and expand the customer base together with members of the common-points program provided by ACSTV.」
Following the conversion of Vietnam PTF, now ACF, into a wholly owned subsidiary, the transfer of the individual installment sales business was completed on 1 October 2025, advancing its development as the fourth pillar of the overseas business into the operating phase. - FY2025AdvancedAnnual report
「On 3 February 2025, the Company completed the acquisition of an interest in Post and Telecommunication Finance Company Limited, which operates a personal loan business locally, and made it a consolidated subsidiary.」
The acquisition of the interest in PTF and its conversion into a wholly owned subsidiary were completed on 3 February 2025, moving its development as the fourth pillar of the overseas business into the execution phase. - FY2025-H1RestatedAnnual report
「Pursuant to a resolution of the Board of Directors dated 20 October 2023, the Company resolved to acquire an interest in Post and Telecommunication Finance Company Limited, a Vietnamese finance company, and enter into an interest transfer agreement to make it a wholly owned subsidiary, and signed the agreement.」
The plan to make PTF a wholly owned subsidiary and the fourth pillar of the overseas business continues, subject to completion of procedures required under applicable laws and regulations. - FY2025-Q1RestatedAnnual report
「Pursuant to a resolution of the Board of Directors dated 20 October 2023, the Company resolved to acquire an interest in Post and Telecommunication Finance Company Limited, a Vietnamese finance company, and enter into an interest transfer agreement to make it a wholly owned subsidiary, and signed the agreement.」
The plan to make PTF a wholly owned subsidiary and the fourth pillar of the overseas business has been reaffirmed. Completion of the interest transfer was scheduled for the second half of 2024, subject to completion of procedures required under applicable laws and regulations. - FY2024RestatedAnnual report
「To further accelerate the expansion of the AEON lifestyle zone in Vietnam as one AEON Group, the Company decided to acquire an interest in Post and Telecommunication Finance Company Limited, which operates a personal loan business locally. With the aim of making it the fourth pillar of the Group’s overseas business, we will strengthen our growth strategy and expand our product and service lineup to enrich the lives of our customers.」
The plan to make PTF a wholly owned subsidiary remained at the agreement-signing stage, with completion scheduled for 2024, and the policy of making it the fourth pillar of the overseas business and expanding the product lineup was reaffirmed. - FY2024-Q3First statedAnnual report
「At a meeting of the Board of Directors held on 20 October 2023, the Company resolved to acquire an interest in Vietnam-based finance company Post and Telecommunication Finance Company Limited, enter into an interest transfer agreement to make it a wholly owned subsidiary, and signed the agreement. The acquisition price was VND4,300,000 million, approximately ¥26.2 billion, and the voting rights ownership ratio after the transaction was 100%. The interest transfer was scheduled to be completed in 2024. With the aim of making the company the fourth pillar of the Company’s overseas business, we will strengthen our growth strategy and expand our product and service lineup to enrich the lives of customers in Vietnam.」
The Company signed an agreement to acquire 100% of the voting rights in PTF, which provides personal loans in Vietnam, for approximately ¥26.2 billion, with completion scheduled for 2024. As the fourth pillar of the overseas business, the Company aims to expand its product and service lineup and strengthen its financial services platform in Vietnam.