Aeon consolidates Kanto supermarket operations with subsidiary mergers
United Super Markets Holdings (U.S.M.H), a wholly-owned subsidiary of Aeon, is pursuing a business integration in the Kanto region. Maxvalu Kanto, a U.S.M.H subsidiary, will acquire Daiei's Kanto supermarket operations and merge with Aeon Market. Subsequently, U.S.M.H will acquire all shares of Maxvalu Kanto via a share exchange, solidifying Maxvalu Kanto as its wholly-owned subsidiary. These transactions are scheduled for March 1, 2026.
These transactions aim to accelerate U.S.M.H's growth to become the No. 1 supermarket operator in the Tokyo metropolitan area with over JPY 1 trillion in net sales and 1,000 stores. This strategy involves integrating existing business platforms, human resources, and management assets of the three companies to enhance regional adaptability, strengthen dominant strategy in the Kanto region, and reduce procurement costs.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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