FilingReader Intelligence

Aeon reports strong August sales amid metropolitan business integration talks

September 10, 2025 at 12:00 PM UTCBy FilingReader AI

Aeon Co., Ltd. reported positive operating performance for August 2025, with several segments showing year-on-year growth. AEON Retail Co., Ltd.'s General Merchandise Store (GMS) business recorded its sixth consecutive month of same-store sales growth, driven by strong performance in food, health & beauty care, and apparel. The supermarket business maintained sales comparable to the previous year, with initiatives like expanding the TOPVALU private brand and price promotions offsetting a high benchmark from disaster preparedness product demand last year.

The company also announced a basic agreement on August 4 for business integration discussions in the Tokyo metropolitan and Kansai areas, involving U.S.M.H, Daiei, KOHYO, Maxvalu Kanto, and AEON MARKET. This move aims to achieve the No. 1 market share in these regions. In the services and specialty store business, COX Co., Ltd. saw same-store sales increase by 107.6% year-on-year, marking two consecutive months of growth, attributed to strong sales of summer apparel made from cooling fabrics amid record heat.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:8267Tokyo Stock Exchange

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