Aeon Fantasy sees strong first-half results despite China losses

Aeon Fantasy reported consolidated net sales of 46,624 million yen for the six months ended August 31, 2025, a 6.2% increase year-over-year. Operating profit surged by 26.5% to 3,630 million yen, while ordinary profit increased by 69.7% to 3,418 million yen. Profit attributable to owners of parent saw a remarkable 371.7% rise to 1,763 million yen, marking record highs across all income stages.

The strong performance was primarily fueled by domestic operations, with sales increasing by 8.6% to 37,759 million yen and operating profit up by 16.5% to 3,903 million yen. ASEAN operations also contributed positively, with sales growing by 14.2% to 7,296 million yen, despite a 48.6% decline in operating profit to 381 million yen due to increased selling, general, and administrative expenses.

However, the China segment reported a 40.5% decrease in sales to 1,704 million yen and an operating loss of 653 million yen. The company recorded extraordinary non-consolidated losses totaling 803,520 thousand yen for allowance for doubtful accounts and 206,041 thousand yen for valuation of investments in capital of subsidiaries and associates, both related to AEON Fantasy (China)'s deteriorating performance. These non-consolidated losses are eliminated in the consolidated financial statements and therefore do not impact consolidated results.