Aeon interim settlement of accounts 57.5 billion yen deficit Impact of closure of new corona, etc. October 7, 20:10
Aeon, a major distributor, reported its financial results for the six months to August due to the closure of shopping malls following the declaration of an emergency due to the spread of the new coronavirus infection and the shortening of business hours. Was in the red of 57.5 billion yen.
Aeon announced on the 7th that the group's six-month financial results from March to August showed sales of 4,270.5 billion yen, down 0.5% from the same period last year, and the final profit and loss was. It was a deficit of 57.5 billion yen.
This is because shopping malls under the umbrella of the whole country were temporarily closed due to the declaration of emergency due to the spread of the new coronavirus infection, and stores such as supermarkets also shortened their business hours.
After the declaration was lifted, sales of supermarkets and other stores recovered by returning business hours, but they did not make up for the loss until May.
In addition, regarding the outlook for financial results for the year ending February next year, the final profit and loss remains undecided, as the management and employment environment is becoming more difficult.
Aeon President Akio Yoshida said, "Damage caused by the new coronavirus, such as a decline in purchasing power due to the deterioration of the employment situation, is expected to become apparent in the future. We would like to share a sense of crisis with the group and respond with a sense of speed." He stated that he would strengthen the digitization of stores and the development of low-priced products.