Aeon delays first quarter results announcement
Aeon Co., Ltd. announced today that it will delay the release of its first quarter financial results for the fiscal year ending February 2026. The announcement, initially scheduled for July 11, 2025, has been postponed due to ongoing discussions related to inappropriate accounting practices discovered at subsidiary Aeon Financial Service Co., Ltd.'s (AFS) affiliate, Post and Telecommunication Finance Company Limited (PTF) in Vietnam. These discussions involve the transferor of PTF shares, Southeast Asia Commercial Joint Stock Bank. Furthermore, AFS requires more time to formulate a new growth strategy for its Vietnamese operations. The company now expects to release the financial results on July 31, 2025. Aeon is currently assessing the impact of this matter on its financial performance for the fiscal year ending February 2026 and will promptly disclose any relevant information.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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