Latest Tokyo Brief coverage on AEON Co.,Ltd., tracking filings, financial news, and market signals from Japan.
TSE:8267
Twelve AEON Kyushu stores and two AEON Mall shopping centers remained suspended through August after the July 28 Kumamoto Mall explosion, forcing AEON to strip them from its same-store sales and retroactively revise July's numbers while an outside panel investigates the cause.
An explosion killed seven people at AEON Mall Kumamoto just after evacuation from a magnitude-7 earthquake was completed, and AEON still won't estimate what shutting the 204-tenant mall will cost.
Orchestra lifted its forecast year-end dividend to ¥30 a share from ¥13, made up of a ¥25 ordinary dividend and a ¥5 commemorative payment tied to its 10th anniversary on the Tokyo Stock Exchange. Its ¥15,000 Digital Gift now goes only to holders of at least 200 shares who stay on the register under the same shareholder number for more than a year, so the sweeter payout comes with a much stricter holding test.