AEON

AEON is a retailing group of over 150 member companies functioning in Japan and other parts of the world. Established in Japan, the group has achieved significant record results for the sixth consecutive year. AEON has considerable social and economic influence and responsibilities in Japan and the company is planning for further growth in 2005.
AEON has the motto “Think Globally Act Locally.” They also say “Everything we do, we do for our customers.” The mission of AEON is to fulfill their promise of ensuring customer satisfaction further.They aim to be the best local retailer in all of their locations.

The business model of AEON is based on shopping center operations. They pursue an aggressive shopping mall development strategy.

The major areas of operation of AEON are:

• Shopping Center Business
• Sales Floor and Product Innovation
• Specialty Store and Service Interaction
• Community/Environment Contribution
• General Merchandise Stores
• Supermarkets
• Drugstores

Key Statistics

• Total assets held by AEON in 2006 amounts to $26.09 billions.
• AEON has made profits of $0.59 billions in 2006.
• AEON operates mainly in Japan and also other Asian countries.
• They have 54,161 employees worldwide.

AEON has about 157 corporate groups. The group enterprises operate in various forms of retail business under the broad name of AEON. AEON values the local communities, their business partners and shareholders.

International Ranking

• AEON ranks 142 in the world in Fortune Global 500 List of 2006.
• The Forbes Magazine has ranked AEON 321 in the whole world in 2006.

All the 150 companies form the group AEON. These subsidiaries are enlisted under different enterprise groups. All these make up the retailer group AEON. The Talbots, AEON delight, Homac, Cox etc. are all AEON subsidiaries.

Recent merger and acquisition

• In March, 2005 AEON acquired management rights for Japanese outlets of French company Carrefour S.A. MYCAL Corporation.
• In December 31, 2005 AEON formed business and capital tie up with TSURUYA SHOE STORE Co. Ltd.
• In March, 2006 AEON made a friendly takeover and subsequent consolidation of ORIGIN TOSHU Co., Ltd.
• AEON made comprehensive business partnership with East Japan Railway Company in December, 2005.
• AEON collaborated with NTT DoCoMo, Inc. in March, 2006.
• AEON subsidiary The Talbots made friendly acquisition of U.S. based retailer The J. Jill Group.

Headquarter Address

1-5-1 Nakase,
Mihama-ku, Chiba, 261-8515
Japan
Phone: 81-43-212-6000
Website URL: www.aeon.info