Aeon has revealed that its net profit for the quarter ended 20 May increased by 11% from the same period a year ago, prompting the Japanese retail giant to raise its financial guidance for the full year.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


Aeon said that the rise in profits was driven by a recovery in its parent company’s cloths retail segment and contributions from other group companies.


For the quarter, group net profit rose to JPY12.98bn (US$113.2m) – up from JPY11.75bn reported in the comparable period of the previous year. Group operating revenue increased 9.2% to JPY1.13tn. Operating profit increased an impressive 27%, climbing to JPY33.72bn, the company stated.


The group raised its earnings outlook for the fiscal year, which ends in February, predicting operating profits of between JPY200bn and JPY210bn – up form the JPY185-195bn predicted in April. Aeon increased its predicted revenues from JPY4.67tn to JPY4.8tn.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now