Aeon Hokkaido (7512) Q4 2026 earnings summary

Executive summary

• Achieved record-high revenue of ¥380,063 million, up 7.4% year-over-year, and increased profit for FY2025, driven by store acquisitions, strong discount store (DS) performance, and productivity gains.

• Controlled SG&A expenses despite inflationary pressures, ensuring profit growth.

• All business segments saw sales growth, with DS showing the highest increase at 10.8%.

• Ongoing focus on value-added products, digital transformation, and sustainability initiatives.

Financial highlights

• Revenue: ¥380,063 million (+7.4% YoY); operating income: ¥8,332 million (+5.6% YoY); net income: ¥3,732 million (+3.5% YoY); gross profit: ¥119,423 million (+5.8% YoY).

• SG&A expenses increased 1.4% YoY but remained within planned levels.

• Operating margin at 2.2%, net margin at 1.0%.

• Cash and equivalents at year-end: ¥5,558 million, up from ¥4,370 million.

• Total assets: ¥193,483 million at FY2026 end, up ¥6,221 million YoY.

Outlook and guidance

• FY2026/2027 revenue forecast: ¥392,000 million (+3.1%), operating income: ¥8,700 million (+4.4%).

• Net income forecast: ¥3,000 million (−19.6%), reflecting anticipated cost increases and planned impairment losses.

• Dividend payout ratio expected to rise to 74.2%.

• New mid-term plan focuses on business model evolution, product reform, and digitalization.