Aeon swings back to a Q1 profit on record revenue, led by drugstore integration and Vietnam mall growth
Aeon posted record quarterly revenue and operating profit and swung back to a Q1 net profit, a turnaround the retail group credited almost entirely to its Tsuruha/Welcia drugstore integration and growth at its Vietnam malls — leaving its core Japanese supermarket business notably unmentioned.
Aeon swung back to a net profit in its first quarter of fiscal 2027 (the three months to end-May 2026), posting its highest-ever quarterly revenue and operating profit, according to results the company filed with the Tokyo Stock Exchange on 10 July. The retail group's turnaround rested on two specific engines: the continued integration of its Tsuruha and Welcia drugstore businesses, and strong growth from its shopping malls in Vietnam.