Overview
Aeon is a holding company based in Chiba, Japan, whose segments include general merchandise stores, supermarkets, discount stores, health and wellness (drugstores and pharmacies), financial services, shopping-centre development, services and specialty stores, and international operations in ASEAN countries and China.[2] Forbes records the business was founded by Sozaemon Okada in 1758.[2] Sales were US$71.5bn, up 7.6%, and profit US$485m.[2] Aeon moved from sixteenth to fifteenth and is now the largest Japanese retailer in the ranking, ahead of Seven & i. Its market value is US$26.1bn.[2]
AEON strengths and limitations
Strengths
- Largest Japanese retailer by sales
- Diversified into finance and property
- Presence in ASEAN and China
Limitations
- Profit margin under 1%
- Results translated from yen
- Complex group structure
Appears in
AEON peers and competitors
Companies ranked in the same lists as AEON.
- Seven & I Holdings
Toyota Motor- Lowe’s
- JD.com
- Home Depot
Kroger- Alibaba Group
Ahold Delhaize
Target- Tesco PLC
- Carrefour SA
- Albertsons
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