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AEON Co. Foresees Revenue Growth Amid Profit Decline
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AEON Co. Foresees Revenue Growth Amid Profit Decline

AEON Co (JP:8267) has released an update.

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AEON Co., Ltd. reported a 5.4% increase in operating revenue for the three months ended May 31, 2024, compared to the previous year, although operating profit, ordinary profit, and profit attributable to owners decreased by 7.1%, 5.7%, and a significant 71.1% respectively. The company’s total assets increased, with a slight decline in the total equity ratio to 7.9%. Looking ahead, AEON anticipates a full-year operating revenue of 10 million yen, a 4.7% increase from the previous year, and intends to distribute a total annual dividend of 40 yen per share for the fiscal year ending February 2025.

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