Aeon Financial Service reports extraordinary loss from subsidiary sale

Aeon Financial Service Co., Ltd. announced an extraordinary loss of ¥10,095 million (non-consolidated) and ¥9,539 million (consolidated) from the sale of shares in its consolidated subsidiary, AEON Allianz Life Insurance Co., Ltd. The company transferred 734,413 shares, representing 85.1% of voting rights, to Meiji Yasuda Life Insurance Company. This loss will be recorded in the second quarter of the fiscal year ending February 2026.

Despite this extraordinary loss, Aeon Financial Service stated that its consolidated earnings forecast for the fiscal year ending February 2026 remains unchanged, as the impact was already factored into the forecast announced on April 10, 2025. The company’s consolidated operating revenue for the six months ended August 31, 2025, increased by 8.7% to ¥278,160 million, with operating profit up 4.3% to ¥28,322 million. However, net profit attributable to owners of parent declined by 14.4% to ¥8,745 million.

The share transfer also resulted in a significant change in the scope of consolidation, with AEON Allianz Life Insurance Co., Ltd. being excluded from the consolidated entities. The company’s total assets as of August 31, 2025, reached ¥8,219,496 million, with net assets at ¥583,097 million.