Aeon Financial Service's net profit for the quarter through May 31 climbed to ¥8.97bn, more than double the ¥4.36bn it posted a year earlier, a 205.8% increase. Operating revenue rose 12.7% to ¥153.9bn, operating profit gained 34.5% to ¥17.5bn, and ordinary profit rose 26.7% to ¥17.5bn.
The turnaround starts at home. Aeon's domestic retail business, which covers shopping credit and card lending, swung from a ¥706mn operating loss a year earlier to a ¥1.51bn profit, a gain of ¥2.22bn. The company raised its shopping revolving-credit fee rate on billings from December 2, 2025, and rising Japanese lending rates pushed up loan interest income; those are the two factors it credits for the improvement. Domestic retail revenue rose 11.9% to ¥67.0bn.
Overseas, growth was led by Malaysia and Hong Kong. The Malaysia segment's operating profit rose 40.8% to ¥4.06bn on revenue up 25.3% to ¥29.5bn, driven by installment lending on motorcycles, cars and credit cards. The Greater China segment, run out of Hong Kong, lifted operating profit 33.6% to ¥3.32bn on a 15.9% revenue rise to ¥9.85bn, helped by expanded mobile-payment card usage and lower bad-debt costs.
| Segment | Revenue (change) | Operating profit (change) |
|---|---|---|
| Domestic Retail | ¥67.0bn (+11.9%) | ¥1.51bn (from a ¥706mn loss) |
| Malaysia | ¥29.5bn (+25.3%) | ¥4.06bn (+40.8%) |
| Greater China (Hong Kong) | ¥9.85bn (+15.9%) | ¥3.32bn (+33.6%) |
None of that has moved the group's outlook. Aeon Financial Service confirmed its full-year forecast, first published April 8, 2026, is unchanged: revenue of ¥600bn, up 5.4%, but operating profit of ¥45.0bn, down 25.8%, and net profit of ¥15.0bn, down 28.9%. The annual dividend forecast also stands at ¥53.00 a share, split between an interim payment of ¥25.00 and a year-end payment of ¥28.00. The filing gives no detail on what is expected to reverse the strong quarter into the guided full-year decline.
Separately, the company absorbed AFS Corporation into itself on May 1, 2026, a move it said would strengthen group governance and streamline subsidiary management. A core credit-card system was also replaced in June 2026, on schedule.