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Driven by the weak yen, the consumer spending of tourists visiting Japan in the first 9 months has reached a new high.
①Driven by the weakness of the Japanese yen, Japan's tourism industry is extremely hot in 2024; ②Data shows that as of September, international tourists spent 5.86 trillion yen in Japan (equivalent to 39.27 billion US dollars); ③This exceeded the consumption record of 5.3 trillion yen set for the full year of 2023.
Aeon Kyushu: Half Year Report - 53rd Term (2024/03/01 - 2025/02/28)
Aeon, 2Q operating profit decreased by 16.2% to 98.6 billion yen
Aeon <8267> announced its financial results for the second quarter of the fiscal year ending in February 2025, with operating revenue increasing by 6.1% year-on-year to 4 trillion 999.4 billion 35 million yen, and operating profit decreasing by 16.2% to 98.6 billion yen. Regarding operating profit, the comprehensive financial business saw improved capital profitability due to an increase in high-yield operating debt balances, the developer business experienced an increase in rental income due to expansion and renewal effects, and the service/specialty store business, where all listed subsidiaries saw improved profitability.
Aeon Kyushu: Interim financial results briefing materials for the fiscal year ending 2025/2 (2024)
Aeon Kyushu: Supplementary financial information for the 2nd quarter (interim period) for the fiscal year ending 2025/2 (53rd period)
Aeon Kyushu: Summary of financial results for the 2nd quarter (interim period) of the fiscal year ending February 2025 [Japanese GAAP] (consolidated)
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