Aeon subsidiaries report divergent financial results

Aeon Hokkaido reported its second-quarter results for the fiscal year ending February 2027, showing record sales of 188.26 billion yen, a 1.2% increase year-on-year. However, operating profit fell 38.4% to 1.517 billion yen, and net profit dropped 92.8% to 85 million yen. The decline in profit was attributed to lower gross margins due to price competition and failure to meet sales targets in certain areas. Clothing sales were particularly weak due to a cooler summer in Hokkaido and consumer thriftiness.

In contrast, Aeon Fantasy achieved record high profits for its mid-term consolidated results. Sales rose 12.3% to 52.37 billion yen, with operating profit increasing 14.5% to 4.156 billion yen and net profit rising 22.2% to 2.155 billion yen. Domestic performance was bolstered by strong sales in the prize and capsule toy sectors. Overseas operations also saw a significant turnaround, moving from an operating loss to an operating profit of 160 million yen, driven by growth in Indonesia and Vietnam and structural reforms in China.