Aeon’s first-half profit rises 1.7%, but second-quarter profit falls 23.5%

Japanese retailer Aeon reported first-half recurring profit of ¥108.2 billion, up 1.7% from the same period a year earlier.

The results cover the six months from March through August in the fiscal year ending February 2027.

Profit in the three months to August fell 23.5% to ¥44.7 billion, while the operating profit margin on sales dropped to 1.9% from 2.4%.

Aeon kept its full-year profit forecast at ¥290 billion, but its first-half result was 37.3% of that target.

That share is below the 44.9% average for the same point in the past five years.

The company’s unchanged forecast implies a stronger second half, with recurring profit estimated at ¥181.7 billion, up 33.1% from a year earlier.