Aeon Financial records $10bn extraordinary loss from subsidiary sale

Aeon Financial Service Co., Ltd. has announced an extraordinary loss of 10,095 million yen on a non-consolidated basis and 9,539 million yen on a consolidated basis, resulting from the sale of 734,413 shares (85.1% voting rights) in AEON Allianz Life Insurance Co., Ltd. This transaction led to the exclusion of the company from Aeon Financial Service's scope of consolidation during the interim period ended August 31, 2025.

The extraordinary loss was recorded in the second quarter of the fiscal year ending February 2026. Despite this, Aeon Financial Service confirmed there would be no revision to its consolidated earnings forecast for the fiscal year, as the impact had already been factored into the forecast announced on April 10, 2025.

The company's latest financial results for the six months ended August 31, 2025, show operating revenue of 278,160 million yen and ordinary profit of 29,192 million yen. Net income per share for the period was 40.51 yen. For the full fiscal year ending February 2026, projections remain at 570,000 million yen in operating revenue and 57,000 million yen in ordinary profit.