Want to see JP:8267 full AI Analyst Report?
Top Page
AEON Co
(8267)
Select Model
Select Model
Rating:50Neutral
Price Target:
¥1,348.00
▼(-3.40% Downside)
Action:Reiterated
Date:08/07/26
The score is held back primarily by high leverage and a weak technical setup (trading below major moving averages with negative momentum). Improving revenue/profit recovery and better recent cash generation provide some support, but a high P/E with only a modest dividend yield limits valuation appeal.
Positive Factors
Diversified retail ecosystem
The combination of high-frequency retail, mall income and financial services diversifies revenue sources. Shared loyalty and payment infrastructure can support repeat purchases, customer retention and cross-selling over the medium term.
Negative Factors
Heavy leverage
Debt several times equity limits financial flexibility and increases sensitivity to earnings volatility, interest costs and refinancing needs. High leverage could constrain investment or shareholder distributions if operating conditions weaken.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified retail ecosystem
The combination of high-frequency retail, mall income and financial services diversifies revenue sources. Shared loyalty and payment infrastructure can support repeat purchases, customer retention and cross-selling over the medium term.
Read all positive factors
AEON Co (8267) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥3.84T
Dividend Yield1.01%
Average Volume (3M)7.15M
Price to Earnings (P/E)38.8
Beta (1Y)0.07
Revenue Growth8.17%
EPS Growth408.65%
CountryJP
Employees179,230
SectorConsumer Cyclical
Sector Strength84
IndustryDepartment Stores
Share Statistics
EPS (TTM)34.59
Shares Outstanding2,783,529,000
10 Day Avg. Volume10,578,309
30 Day Avg. Volume7,145,926
Financial Highlights & Ratios
PEG Ratio0.59
Price to Book (P/B)4.94
Price to Sales (P/S)0.56
P/FCF Ratio10.07
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥1,487.14Price Target Upside6.57% Upside
Rating ConsensusHold
Number of Analyst Covering7
EPS Forecast (FY)26.22
Revenue Forecast (FY)¥11.91T
AEON Co Business Overview & Revenue Model
Company Description
Aeon Co., Ltd. is a prominent retail group conducting business both within Japan and across international territories. The company's multifaceted operations are categorized into distinct divisions: General Merchandise Stores (GMS), Supermarkets (S...
How the Company Makes Money
AEON primarily makes money through a diversified retail-and-services model built around high-frequency consumer spending and the monetization of shopping destinations.
1) Retail sales (core revenue):
- General merchandise and food retail: AEON ea...
AEON Co Earnings Call Summary
Earnings Call Date:Jan 10, 2025
(Q3-2024)
| % Change Since: |
Next Earnings Date:Oct 07, 2026
Earnings Call Sentiment Neutral
The earnings call presented a mixed outlook. While significant progress was noted in operating revenue and retail sector growth, challenges persist in the Financial Services and International segments. Positive achievements in energy transition and sales growth were counterbalanced by profit declines in several areas.Positive Updates
Record-High Operating Revenue
The company achieved a record-high consolidated operating revenue of JPY 7,025.8 billion for the initial 9 months of the fiscal year.
Negative Updates
Financial Services Business Decline
Operating profit for the Financial Services Business declined by JPY 14.7 billion from the same period last year, affected by increased bad debt-related expenses.
Read all updates
Q3-2024 Updates
Positive
Negative
Record-High Operating Revenue
The company achieved a record-high consolidated operating revenue of JPY 7,025.8 billion for the initial 9 months of the fiscal year.
Read all positive updates
Company Guidance
During Aeon's third-quarter earnings call for fiscal year 2024, the company reported a record-high consolidated operating revenue of JPY 7,025.8 billion and an operating profit of JPY 142.8 billion for the first nine months. The Retail Business was highlighted as the primary driver, contributing significantly to the group's performance with an operating profit of JPY 64.1 billion, representing 45% of the total. Aeon's strategic initiatives, such as enhancing the product appeal of the Topvalu private brand, restructuring its profit framework, and implementing strict cost controls, resulted in improved profitability. Despite challenges in the Financial Services Business, with a decline attributed to increased bad debt allowances, operating profit for the third quarter was revised upwards to JPY 240 billion, driven by the strong performance of the GMS, Discount Store, and Supermarket sectors. The company also achieved a net income of JPY 18.3 billion, marking the first positive result in five fiscal years. Looking forward, Aeon plans to continue focusing on profit structure reforms and key initiatives outlined in the midterm business plan, aiming to surpass previous results and achieve higher operational standards by the fiscal year-end.AEON Co Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
44
Neutral
Cash Flow
57
Neutral
| Breakdown | TTM | Feb 2026 | Feb 2026 | Feb 2025 | Feb 2024 | Feb 2023 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 11.09T | 10.72T | 10.13T | 9.55T | 9.12T | 8.72T |
| Gross Profit | 4.01T | 3.55T | 3.41T | 3.22T | 3.02T | 2.81T |
| EBITDA | 674.46B | 641.33B | 568.87B | 565.47B | 541.37B | 478.43B |
| Net Income | 93.06B | 72.68B | 28.78B | 44.69B | 21.38B | 6.50B |
Balance Sheet | ||||||
| Total Assets | 15.59T | 15.37T | 13.96T | 13.05T | 12.42T | 11.70T |
| Cash, Cash Equivalents and Short-Term Investments | 2.49T | 2.64T | 2.13T | 1.84T | 1.83T | 1.79T |
| Total Debt | 4.06T | 4.45T | 3.84T | 3.70T | 3.47T | 3.27T |
| Total Liabilities | 13.41T | 13.17T | 11.84T | 10.96T | 10.45T | 9.89T |
| Stockholders Equity | 1.21T | 1.22T | 1.05T | 1.06T | 993.75B | 958.72B |
Cash Flow | ||||||
| Free Cash Flow | 598.05B | 598.05B | 100.26B | -27.75B | 62.86B | -148.07B |
| Operating Cash Flow | 1.13T | 1.13T | 566.22B | 368.49B | 433.71B | 204.45B |
| Investing Cash Flow | -1.17T | -1.17T | -478.72B | -525.73B | -332.40B | -341.50B |
| Financing Cash Flow | 116.77B | 116.77B | 792.00M | 988.00M | -868.00M | -4.57B |
AEON Co Technical Analysis
Negative
1395.50
Price Trends
1370.34
Negative
1462.85
Negative
1878.60
Negative
Market Momentum
-1.74
Negative
45.51
Neutral
59.62
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8267, the sentiment is Negative. The current price of 1395.5 is above the 20-day moving average (MA) of 1372.60, above the 50-day MA of 1370.34, and below the 200-day MA of 1878.60, indicating a bearish trend. The MACD of -1.74 indicates Negative momentum. The RSI at 45.51 is Neutral, neither overbought nor oversold. The STOCH value of 59.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:8267.
AEON Co Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | ¥1.26T | 15.78 | 12.81% | 1.90% | 0.06% | 43.97% | |
67 Neutral | ¥231.13B | 12.85 | ― | 2.95% | 3.84% | 46.02% | |
62 Neutral | ¥196.51B | 9.11 | ― | 2.18% | 8.92% | 33.42% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
60 Neutral | ¥777.53B | 28.33 | 6.72% | 1.76% | -2.32% | -30.08% | |
50 Neutral | ¥3.84T | 38.77 | 7.77% | 2.02% | 8.17% | 408.65% | |
49 Neutral | ¥175.19B | -33.14 | ― | 1.77% | 15.30% | -594.22% |
* Consumer Cyclical Sector Average
JP:8267
AEON Co
1,354.00
-427.52
-24.00%
JP:3099
Isetan Mitsukoshi Holdings
3,571.00
1,150.55
47.53%
JP:3086
J FRONT RETAILING Co
3,139.00
864.15
37.99%
JP:3222
United Super Markets Holdings, Inc.
850.00
-102.18
-10.73%
JP:8273
Izumi Co., Ltd.
1,082.00
16.54
1.55%
JP:9956
Valor Holdings Co., Ltd.
3,305.00
548.86
19.91%
AEON Co Corporate Events
AEON Balances Disaster Impact With Summer-Driven Sales and Asia Expansion in July
Aug 10, 2026
AEON reported mixed July sales trends across its major consolidated businesses, with same-store performance generally holding above year-earlier levels despite disruptions from the 2026 Kumamoto Earthquake and serious accidents at AEON Mall Kumamo...
AEON Suspends Kumamoto Mall Operations After Earthquake and Deadly Explosion
Jul 30, 2026
AEON Co., Ltd., a major Japanese retail group that operates AEON Mall Kumamoto and hundreds of specialty stores, has suspended operations at the Kumamoto mall following a severe earthquake and subsequent explosion. The company’s role as a co...
AEON Assesses Financial Impact After Kumamoto Earthquake and Mall Explosion
Jul 30, 2026
AEON Co., Ltd. has reported that the 2026 Kumamoto Earthquake, which struck on July 28, was followed by an explosion at AEON Mall Kumamoto, resulting in fatalities, injuries, and damage to some AEON Group stores and facilities. The company has ext...
AEON Co. Details Q1 FY2027 Performance and Group Structure
Jul 10, 2026
AEON Co. released supplemental materials for its first-quarter results for the fiscal year ending February 28, 2027, outlining consolidated financial highlights, expenses, extraordinary income and loss, and the status of interest-bearing debt. The...
AEON swings back to profit on strong Q1 revenue growth, keeps full‑year outlook
Jul 10, 2026
AEON reported strong results for the three months ended May 31, 2026, with operating revenue up 14.6% year on year to ¥2.94 trillion and operating profit jumping 33.6% to ¥75.2 billion. Ordinary profit rose 32.3% to ¥63.6 billion, a...
AEON Maps FY2026 Strategy Under New Medium-Term Plan
Jul 10, 2026
AEON Co. outlined its consolidated results for the first quarter of FY2026 and detailed progress under its FY2026–FY2030 Group Medium-term Management Plan. The presentation highlighted key initiatives to create market-leading businesses, bui...
AEON Battles Weather-Driven Slowdown With Value Push and Mall Events
Jul 10, 2026
In June 2026, AEON Co. reported muted sales momentum, particularly in summer-related merchandise, as prolonged rain fronts, record rainfall from approaching typhoons and cooler temperatures dampened customer traffic and purchase volumes compared w...
AEON Sets Final Terms for 24th Executive Stock Option Plan
Jun 22, 2026
AEON has finalized the terms of its 24th stock compensation-type stock options, a stock-based incentive plan for executive officers and related personnel for fiscal 2025. The program covers 599 stock acquisition rights tied to 179,700 common share...
AEON Posts Strong May Sales as Experiential Malls and Value Pricing Drive Growth
Jun 10, 2026
AEON reported solid operating performance in May 2026, with steady demand for food and daily necessities complemented by robust seasonal and discretionary spending, particularly in summer apparel, air-conditioning appliances, and hobby-related goo...
AEON Sets FY2026 Stock Compensation Limit for Executive Stock Options
May 27, 2026
AEON Co., Ltd. has set an issuance limit for its 25th series stock compensation-type stock options for fiscal 2026, targeting 13 executive officers at the parent company and 37 presidents or equivalent roles in group companies. The plan covers up ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.