Aeon Co Ltd (8267.T)
21 Jul 2017
Wed, Jul 5 2017
TOKYO Aeon Co Ltd , Japan's largest retailer by sales, on Wednesday reported a better-than-expected quarterly profit, as its restructuring efforts helped to improve performance at its struggling general merchandising stores.
* Operating profit forecast for current fiscal year unchanged (Adds executive comment, shares, context)
TOKYO, July 5 Aeon Co Ltd, Japan's largest retailer by sales, on Wednesday reported a 11.4 percent rise in first-quarter profit, beating estimates, boosted by improved performance at its struggling general merchandising stores.
* Says it sold CO2 reduction machine to AEON DELIGHT for 307.0 million yen on Jan. 31
* Sees oper profit 195 bln yen for current year, below consensus
TOKYO, April 12 Top Japanese retailer Aeon Co on Wednesday said its annual operating profit rose 4 percent, as growing sales at its supermarkets and drugs stores helped prop up struggling general merchandise stores.
TOKYO, April 11 Top Japanese retailer Aeon Co is cutting prices for over 250 items ranging from milk to daily necessities to lure cost-savvy shoppers, underscoring the difficulty facing the central bank as it tries to spur inflation and coax consumers to boost spending.
* Aeon's operating profit for the year ended February will likely rise 4% to 185 billion yen - Nikkei Source text : (http://s.nikkei.com/2oNGivY) Further company coverage:
* Aeon Mall's group operating revenue will likely rise 20% to roughly 270 billion yen for year ended in February - Nikkei
* Says Aeon Life Insurance signs agreement to boost real estate unit's capital by 1.15 billion yuan ($167.85 million)