Aeon delays Q1 financial results announcement

Aeon Co., Ltd. (TSE:8267) announced today that it is postponing 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 delayed due to inappropriate accounting practices discovered at Post and Telecommunication Finance Company Limited (“PTF”), a Vietnamese subsidiary of Aeon Financial Service Co., Ltd. (“AFS”). These issues arose prior to Aeon's acquisition of equity in PTF. Aeon is currently in discussions with Southeast Asia Commercial Joint Stock Bank (“SeABank”), the seller of the equity interest in PTF. The company also cites the time needed to develop a new growth strategy for its Vietnam operations as a contributing factor to the postponement. The revised announcement date is now set for July 31, 2025. Aeon is assessing the potential impact of this matter on its business performance for the fiscal year ending February 2026 and will promptly disclose any issues requiring public notification.