Aeon Co., Ltd. engages in retail business with shopping mall development and operation. The company primarily operates in Japan, North America, and Asia. Segments The company separates its operations into four segments, which consist of General Merchandise Stores (GMS) and Other Retail Store Operations; Specialty Store Operations; Shopping Center (SC) Development Operations; and Service and Other Operations. General Merchandise Stores and Other Retail Store Operations The General Merchandise Stores and Other Retail Store Operations include mainly GMS, supermarket, convenience store, and department store operations. Stores in this segment offer various types of goods. As of February 20, 2008, the company operated 606 GMS outlets. Its GMS outlets offer apparel, foodstuffs and household items in sales displays. It groups merchandise under categories, such as ‘travel’, ‘walking’, ‘relaxation’ and ‘fitness’. The company also operates 1,182 supermarkets and 3,082 convenience stores. It operates 68 GMS outlets and supermarkets in China and Southeast Asia. Specialty Store Operations The Specialty Store Operations include women’s apparel, casual wear items for men and women, cosmetics and toiletries, and shoes. As of February 20, 2008, the company operated 4,504 specialty stores. Shopping Center Development Operations The Shopping Center Development Operations provide store development and rental services. Service and Other Operations The Service and Other Operations include credit card operations, consumer financing, amusement facility operator, restaurants and store maintenance. As of February 20, 2008, the company had 1,659 stores in service and other operations. Acquisitions In December 2007, the company acquired 89.9 % of the issued shares of Kohyo Co., Ltd., which operates a supermarket business. Significant Events On July 22, 2009, Aeon Co. Ltd. announced it has formed a subsidiary to produce vegetables for sale in the Tokyo area. The Japanese retail giant's new unit, Aeon Agri Create Co., would grow vegetables, such as corn, cabbage and soybeans by leasing a 2.6-hectare field in Ushiku, Ibaraki Prefecture, northeast of Tokyo, starting in September.
aeon co ltd (8267:Tokyo)
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