Æon (company)

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ÆON Co., Ltd.
イオン株式会社
Type Public KK
Traded as TYO: 8267
Industry Retail
Founded 1758 (as Shinoharaya)
Headquarters Chiba, Japan
Number of locations 391
Key people Motoya Okada, President
Services Shopping malls, Hypermarkets, Supermarkets, Convenience stores
Revenue increase ¥ 5,096,569 million (FY 2010)
Operating income increase ¥ 172,360 million (FY 2010)
Net income increase ¥ 59,688 million (FY 2010)
Total assets decrease ¥ 3,774,628 million (February 2011)
Total equity increase ¥ 1,219,236 million (February 2011)
Subsidiaries AEON Retail Co., Ltd.
AEON Hokkaido Corporation
Sunday Co., Ltd.
AEON Kyushu Co., Ltd.
Maxvalu Chubu Co., Ltd.
Maxvalu Nishinihon Co., Ltd.
Maxvalu Tohoku Co., Ltd.
Maxvalu Tokai Co., Ltd.
Maxvalu Hokkaido Co., Ltd.
Ministop Co., Ltd.
Website www.aeon.info
Æon headquarters

ÆON Co., Ltd. (イオン株式会社 Ion Kabushiki-gaisha?, TYO: 8267), commonly written AEON Co., Ltd., is the holding company of Æon Group. It has its headquarters in Mihama-ku, Chiba, Chiba Prefecture.[1]

It operates JUSCO supermarkets directly in Japan.

Æon is the largest retailer in Asia. Æon is a retail network comprising 129 consolidated subsidiaries and 26 equity-method affiliated companies ranging from convenience stores "Ministop" and supermarkets to shopping malls and specialty stores, including Talbots. ÆON is Japan's single-largest shopping mall developer and operator.

Contents

[edit] History

It is originally founded in 1758 by founder Okada Sozaemon (岡田惣左衛門?).[citation needed] The current company was established in September 1926. In 1970 three companies, Futagi, Okadaya, and Shiro, formed JUSCO Co., Ltd. The employees voted to name the company "Japan United Stores Company." On August 21, 2001, the company became ÆON Co., Ltd. On August 21, 2008 the corporate structure changed. ÆON Co., Ltd. became a holding company while ÆON Retail Co., Ltd. took over the retail operations formerly held by ÆON Co., Ltd.[1]

As of March 1, 2011, all JUSCO and SATY stores under the Aeon umbrella in Japan officially changed their names to Aeon. JUSCO stores still operate in the Greater China region and some others.[citation needed]

[edit] See also

[edit] References

  1. ^ a b "Aeon 2011 Group Profile." Æon. Retrieved on September 15, 2011. "Head Office: 1-5-1 Nakase, Mihama-ku, Chiba-shi, Chiba 261-8515, Japan"

[edit] External links


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