AEON 's performance

For the fiscal year ending February 28, 2025, AEON CO., LTD. (hereinafter “AEON”) posted consolidated operating revenue of 10,134,877 million yen (up 6.1% year-on-year), operating profit of 237,747 million yen (down 13,075 million yen year-on-year), and ordinary profit of 224,223 million yen (down 13,256 million yen year-on-year). Operating revenue reached a record high. Profit attributable to owners of the parent amounted to 28,783 million yen, a decrease of 15,908 million yen from the previous year.

• Operating Results(new window.)
• Consolidated Statement of Income and Consolidated Statement of Comprehensive Income(new window.)

By business segment, all reportable segments reported increased operating revenue. Operating profit increased in the comprehensive Financial Services Business, where capital profitability improved due to an increase in the balance of high-yield trade receivables, in the development business, where rental income increased due to floor space expansion and renovation effects, and in the service and Services & Specialty Store Business, where profits improved at all listed subsidiaries. However, profits decreased in the GMS( General Merchandise Store) , Supermarket (SM) , Discount Store (DS), Health & Wellness, and International Business, which make up the retail business.

• Business Segment (new window.)

Consolidated assets as of February 28, 2025, increased by 892,449 million yen from the end of the previous fiscal year to 13,833,319 million yen (106.9% compared to the previous fiscal year). The increase from the end of the previous fiscal year was mainly due to increases in loans in the banking business of 359,373 million yen, securities of 206,126 million yen, property, plant and equipment of 184,616 million yen, cash and deposits of 92,846 million yen, operating loans of 36,148 million yen, and investment securities of 23,305 million yen, while notes and accounts receivable-trade decreased by 101,042 million yen and guarantee deposits decreased by 48,668 million yen.

Consolidated Liabilities as of February 28, 2025, increased 858,425 million yen from the end of the previous fiscal year to 11,712,092 million yen (107.9% compared to the previous fiscal year). The increase from the end of the previous fiscal year was mainly due to an increase of 663,716 million yen in deposits in the banking business and 282,430 million yen in long-term borrowings (including long-term borrowings due within one year), while commercial paper decreased 115,655 million yen and short-term borrowings decreased 52,444 million yen.

Net assets increased by 34,024 million yen from the end of the previous fiscal year to 2,121,226 million yen (101.6% compared to the previous fiscal year).

• Financial Condition(new window.)
• Consolidated Balance Sheet(new window.)

The balance of cash and cash equivalents as of February 28, 2025, increased by 108,008 million yen from the end of the previous fiscal year to 1,172,102 million yen (110.2% compared to the previous fiscal year).

Net cash provided by operating activities increased by 566,218 million yen (153.7% year on year). The increase in revenue of 197,731 million yen compared to the previous fiscal year was mainly due to a 522,688 million yen increase in deposits in the banking business, a 166,357 million yen decrease in changes in other assets and liabilities, and a 158,597 million yen increase in loans in the banking business.

Net cash used in investing activities was ¥478,810 million (94.1% compared to the previous fiscal year). The main factors behind the ¥30,066 million decrease in expenditures compared to the previous fiscal year were the occurrence of ¥219,100 million in proceeds from collection of loans from companies that had lost control, which did not exist in the previous consolidated fiscal year, and a ¥107,858 million decrease in expenditures for the acquisition of securities in the banking business, while the ¥218,735 million decrease in proceeds from sales and redemption of securities in the banking business and an increase of ¥101,576 million in expenditures for the acquisition of investment securities.

Net cash provided by financing activities was 881 million yen. The main factors behind the 16,748 million yen decrease in expenditures compared to the previous fiscal year were an increase in proceeds from long-term borrowings of 208,102 million yen, a decrease in expenditures for the acquisition of shares of subsidiaries that do not result in a change in the scope of consolidation of 24,513 million yen, and a decrease in the increase/decrease in short-term borrowings and commercial paper of 222,238 million yen.

• Cash Flows(new window.)
• Consolidated Statement of Cash Flows(new window.)