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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

HISTORY

The company was established in September 1926. In 1970, three companies, Futagi, Okadaya, and Shiro, formed JUSCO
JUSCO
Co., Ltd. The employees voted to name the company " Japan
Japan
United Stores Company". On August 21, 2001, the company became ÆON Co., Ltd. On August 21, 2008 the corporate structure changed. ÆON Co., Ltd. became a holding company while ÆON Retail Co., Ltd. took over the retail operations formerly held by ÆON Co., Ltd.

As of March 1, 2011, all JUSCO
JUSCO
and Saty stores under the ÆON umbrella in Japan
Japan
officially changed their names to ÆON while all the JUSCO
JUSCO
stores and shopping centres in Malaysia
Malaysia
are fully re-branded into ÆON since March 2012. However, JUSCO
JUSCO
stores still operate in the Greater China region and some others.

In November 2012, ÆON acquired the operation of Carrefour
Carrefour
Malaysia with an enterprise value of €250 million. All of the current Carrefour
Carrefour
hypermarkets and supermarkets in Malaysia
Malaysia
will be fully re-branded into "ÆON Big" in the near future. The acquisition of Carrefour
Carrefour
Malaysia
Malaysia
will make ÆON as the second largest retailer in the nation, combining the sales from ÆON Retail stores (formerly known as JUSCO
JUSCO
) and current Carrefour
Carrefour
outlets. Post-acquisition, ÆON's ASEAN
ASEAN
business vice president said the retail giant envisages to open 100 outlets in various formats in the country by year 2020.

AEON Stores (Hong Kong) Co., Limited was established in Hong Kong in November 1987 and listed on the Hong Kong Stock Exchange in February 1994. AEON aims to develop a chain operation in Hong Kong and offer value-for-money merchandise to Hong Kong customers.

SEE ALSO

* Maxvalu Tokai

REFERENCES

* ^ A B "Aeon 2011 Group Profile." Æon. Retrieved on September 15, 2011. "Head Office: 1-5-1 Nakase, Mihama-ku, Chiba-shi, Chiba 261-8515, Japan" * ^ Hollinger, Peggy (4 October 2015). "Japan\'s ANA eyes stake in Vietnam Airlines". Financial Times. Retrieved 5 October 2015. * ^ http://www.themalaysianinsider.com/business/article/carrefour-sells-malaysian-ops-to-ÆON * ^ http://biz.thestar.com.my/news/story.asp?file=/2012/11/2/business/12262472&sec=business * ^ http://biz.thestar.com.my/news/story.asp?file=/2012/11/3/business/12261834;background:none transparent;border:none;-moz-box-shadow:none;-webkit-box-shadow:none;box-shadow:none;">v

* t * e

TOPIX 100 companies of Japan
Japan

CORE 30

* 7&i * Astellas * Canon * Denso
Denso
* FANUC
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* Hitachi
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Honda
* JR Central * JR East * JT * KDDI
KDDI
* Mitsubishi Corporation
Mitsubishi Corporation
* Mitsubishi Estate * Mitsui border-left-width:2px;border-left-style:solid;width:100%;padding:0px">

* ÆON * Ajinomoto * ANA * Asahi Breweries
Asahi Breweries
* Asahi Kasei * Bridgestone
Bridgestone
* Chubu Electric Power
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* Concordia Financial * Dai-ichi Life * Daiichi Sankyo * Daikin * Daito Trust Construction * Daiwa House * Daiwa Securities * Eisai * Fast Retailing
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Bridgestone
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* Daiwa House * Daiwa Securities * Denka * Denso
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Dentsu
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* Fuji Electric
Fuji Electric
* Fuji Heavy Industries
Fuji Heavy Industries
* Fujifilm * Fujikura * Fujitsu
Fujitsu
* Fukuoka Financial * Furukawa Co., Ltd. * Furukawa Electric
Furukawa Electric
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Hitachi
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Hitachi
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Itochu
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Kajima
* KEPCO * Kao * Kawasaki * KDDI
KDDI
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Kikkoman
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Konami
* Konica Minolta
Konica Minolta
* Kubota * Kuraray * Kyocera
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Mitsubishi Corporation
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Suzuki
* Tborder-left-width:2px;border-left-style:solid;width:100%;padding:0px">

* WorldCat Identities * VIAF : 251246989 * NDL : 00859589

Japan
Japan
portal

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