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ÆON (company)
ÆON CO., LTD. (イオン株式会社, Ion Kabushiki-gaisha), commonly written AEON CO., LTD., is the holding company of Æon Group . It has its headquarters in Mihama-ku , Chiba , Chiba Prefecture
Chiba Prefecture
. It operates all the AEON Retail Stores (formerly known as JUSCO supermarkets) directly in Japan. Meanwhile, AEON CO. (M) BHD operates all the AEON Retail Stores directly in Malaysia
Malaysia
. ÆON is the largest retailer in Asia. ÆON is a retail network comprising around 300 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 * 1 History * 2 See also * 3 References * 4 External links HISTORYThe company was established in September 1926
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Mihama-ku, Chiba
MIHAMA WARD (美浜区, Mihama-ku) is one of the six wards of the city of Chiba in Chiba Prefecture , Japan
Japan
. As of April 2012, the ward had an estimated population of 149,314 and a population density of 7,060 persons per km². The total area was 21.16 km². CONTENTS* 1 Geography * 1.1 Surrounding municipalities * 2 History * 3 Economy * 4 Transportation * 4.1 Railroads * 5 Education * 6 Noted people from Mihama Ward * 7 References GEOGRAPHY The Beach of Mihama-ku Mihawa Ward is located in northwestern Chiba Prefecture, and consists entirely of reclaimed land from Tokyo Bay . As such, the area is flat, and portions are below sea level
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Chiba Prefecture
CHIBA PREFECTURE (千葉県, Chiba-ken) is a prefecture of Japan located in the Kantō region
Kantō region
and the Greater Tokyo Area
Greater Tokyo Area
. The sixth most populous prefecture, and 27th largest by land area, Chiba is on the east coast of Honshu
Honshu
and largely consists of the Bōsō Peninsula , which encloses the eastern side of Tokyo Bay
Tokyo Bay
. Its capital is Chiba City
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JUSCO
JUSCO
JUSCO
(ジャスコ, Jasuko) is the acronym for JAPAN UNITED STORES COMPANY, a chain of "general merchandise stores" (or hypermarket ) and the largest of its type in Japan
Japan
. The various JUSCO
JUSCO
companies are subsidiaries of the ÆON
ÆON
supermarket chain. The JUSCO
JUSCO
name was adopted in 1970 from a company founded as a kimono silk trader in 1758
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Subsidiary
A SUBSIDIARY, SUBSIDIARY COMPANY or DAUGHTER COMPANY is a company that is owned or controlled by another company, which is called the _parent company _, _parent_, or _holding company _. The subsidiary can be a company, corporation , or limited liability company . In some cases it is a government or state-owned enterprise . In some cases, particularly in the music and book publishing industries, subsidiaries are referred to as imprints . In the United States railroad industry, an OPERATING SUBSIDIARY is a company that is a subsidiary but operates with its own identity, locomotives and rolling stock . In contrast, a NON-OPERATING SUBSIDIARY would exist on paper only (i.e., stocks, bonds, articles of incorporation) and would use the identity of the parent company . Subsidiaries are a common feature of business life, and most multinational corporations organize their operations in this way
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Earnings Before Interest And Taxes
In accounting and finance, EARNINGS BEFORE INTEREST AND TAXES (EBIT), is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income , then OPERATING _INCOME_ is sometimes used as a synonym for EBIT and operating profit . EBIT = revenue – operating expenses (OPEX) Operating income = revenue – operating expenses A professional investor contemplating a change to the capital structure of a firm (e.g., through a leveraged buyout ) first evaluates a firm's fundamental earnings potential (reflected by earnings before interest, taxes, depreciation and amortization (EBITDA ) and EBIT), and then determines the optimal use of debt vs. equity. To calculate EBIT, expenses (e.g. the cost of goods sold , selling and administrative expenses) are subtracted from revenues
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Asset
In financial accounting , an ASSET is an economic resource. Anything tangible or intangible that can be owned or controlled to produce value and that is held by a company to produce positive economic value is an asset. Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset). The balance sheet of a firm records the monetary value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business . One can classify assets into two major asset classes: tangible assets and intangible assets . Tangible assets contain various subclasses, including current assets and fixed assets . Current assets include inventory , while fixed assets include such items as buildings and equipment . Intangible assets are nonphysical resources and rights that have a value to the firm because they give the firm some kind of advantage in the marketplace
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Equity (finance)
In accounting , EQUITY (or OWNER\'S EQUITY) is the difference between the value of the assets and the value of the liabilities of something owned. It is governed by the following equation: Equity = Assets Liabilities {displaystyle {text{Equity}}={text{Assets}}-{text{Liabilities}}} For example, if someone owns a car worth $15,000 (an asset), but owes $5,000 on a loan against that car (a liability), the car represents $10,000 of equity. Equity can be negative if liabilities exceeds assets. SHAREHOLDERS\' EQUITY (or stockholders' equity, shareholders' funds, shareholders' capital or similar terms) represents the equity of a company as divided among shareholders of common or preferred stock . Negative shareholders' equity is often referred to as a shareholders' deficit. Alternatively, equity can also refer to the capital stock of a corporation . The value of the stock depends on the corporation's future economic prospects
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Malaysia
Coordinates : 2°30′N 112°30′E / 2.500°N 112.500°E / 2.500; 112.500 Malaysia Flag Coat of arms MOTTO: "Bersekutu Bertambah Mutu" "Unity Is Strength" ANTHEM: _ Negaraku _ _My Country_ CAPITAL Kuala Lumpur
Kuala Lumpur
3°8′N 101°41′E / 3.133°N 101.683°E / 3.133; 101.683
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Convenience Stores
A CONVENIENCE STORE is a small retail business that stocks a range of everyday items such as groceries , snack foods , confectionery , soft drinks , tobacco products, over-the-counter drugs , toiletries , newspapers , and magazines . In some jurisdictions, corner stores are licensed to sell alcohol , typically beer and wine . Such stores may also offer money order and wire transfer services. They differ from general stores and village shops in that they are not in a rural location and are used as a convenient supplement to larger stores. A convenience store may be part of a gas/petrol station , so customers can purchase goods conveniently while filling their vehicle with fuel . It may be located alongside a busy road, in an urban area, near a railway or railroad station , or at another transport hub. In some countries, convenience stores have long shopping hours , some remaining open 24 hours
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Holding Company
A HOLDING COMPANY is a company that owns other companies' outstanding stock . The term usually refers to a company that does not produce goods or services itself; rather, its purpose is to own shares of other companies to form a corporate group . Holding companies allow the reduction of risk for the owners and can allow the ownership and control of a number of different companies. In the United States , 80% of stock, in voting and value, must be owned before tax consolidation benefits such as tax-free dividends can be claimed. That is, if Company A owns 80% or more of the stock of Company B, Company A will not pay taxes on dividends paid by Company B to its stockholders, as the payment of dividends from B to A is essentially Company A transferring cash from one company to the other. Any other shareholders of Company B will pay the usual taxes on dividends, as they are legitimate and ordinary dividends to these shareholders
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ASEAN
The ASSOCIATION OF SOUTHEAST ASIAN NATIONS ( ASEAN
ASEAN
/ˈɑːsi.ɑːn/ _AH-see-ahn_ , /ˈɑːzi.ɑːn/ _AH-zee-ahn_ ) is a regional intergovernmental organisation comprising ten Southeast Asian
Southeast Asian
states which promotes Pan-Asianism , intergovernmental cooperation and facilitates economic, political, military, educational and cultural integration amongst its members and Asian states
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Maxvalu Tokai
MAXVALU TOKAI CO., LTD. (マックスバリュ東海株式会社, Makkusubaryu Tōkai Kabushiki-gaisha) (TYO : 8198) or MAXVALU is a Japanese retail store chain. Until 2000 it was named Yaohan
Yaohan
, but changed its name after its bankruptcy and takeover by the ÆON Group . CONTENTS* 1 MaxValu in other countries * 1.1 Thailand
Thailand
* 1.2 Malaysia
Malaysia
* 1.3 China * 2 External links MAXVALU IN OTHER COUNTRIESTHAILANDIn 2008, the owners ÆON Group rebranded all JUSCO
JUSCO
stores in Thailand to Maxvalu Tokai. In 2012, Maxvalu Tokai in Thailand
Thailand
had a total of 68 stores
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Talbots
TALBOTS is an American specialty retailer and direct marketer of women's clothing, shoes and fashion accessories. At the end of fiscal 2013, the company operated 495 Talbots
Talbots
stores in the U.S. and Canada: 425 core Talbots
Talbots
(412 U.S.; 13 Canada), 65 Talbots
Talbots
Factory Outlets (U.S.) and five Talbots
Talbots
Clearance stores (4 U.S.; 1 Canada). The company's retail operation comprises approximately 80% of its overall business, with the other 20% conducted via catalog and internet. HISTORYThe first shop, located in Hingham, Massachusetts
Hingham, Massachusetts
, was opened in 1947 by Rudolf and Nancy Talbot . In 1948, the Talbots
Talbots
launched a direct mail business by distributing 3,000 fliers to names obtained from The New Yorker
The New Yorker
magazine
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Specialty Stores
RETAIL markets and shops have a very ancient history, dating back to antiquity. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls that we know today. Retailing involves the process of selling consumer goods or services to customers through multiple channels of distribution to earn a profit. Retailers satisfy demand identified through a supply chain . Some of the earl