Japanese retail giants Seven & I Holdings and Aeon enjoyed consolidated operating profit growth for the March-November 2025 period, according to their earnings reports released on Thursday.
Seven & I¡¯s operating profit rose 3.1% from a year before to ?325 billion ($2 billion), thanks to sales growth at its domestic convenience stores, primarily those under subsidiary Seven-Eleven Japan. The growth was fueled by the group¡¯s initiatives to boost sales of counter items, such as fried food.
¡°We want to recover the number of customers by regularly implementing high-impact measures,¡± Seven-Eleven Japan President Tomohiro Akutsu said at an online financial results briefing that day.
Seven & I¡¯s net profit grew a little over threefold to ?198.4 billion, attributed to a gain from the sale of store assets of Ito-Yokado, which was spun off by the group last September.
Meanwhile, operating revenue fell 11.2% to ?8.05 trillion.
Aeon¡¯s operating profit increased by 23.1% to ?144.7 billion, driven by a recovery in its supermarket business and cost-cutting measures.
Although the group incurred a net loss of ?10.9 billion, the red ink narrowed by ?6.5 billion year on year. The improvement reflected robust sales of Topvalu private brand products and cost reductions, including the introduction of a self-checkout system at outlets, with consumers remaining budget-minded due to inflation.
Aeon¡¯s operating revenue rose 3.7% to ?7.75 trillion.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.