2653
AEON KYUSHU CO., LTD.
イオン九州株式会社
Retail Trade
Aeon Kyushu Co., Ltd., a retail company, engages in the management of various stores in Japan. The company operates supermarkets; stores that provide lifestyle products; shops that offer clothing, food, home, and leisure products; home stores that provide various products and a range of services, such as DIY goods, pet sales, and gardening sales; and bicycle specialty shops that offer bicycle parts and apparel items, as well as repair services. The company was incorporated in 1972 and is headquartered in Fukuoka City, Japan. Aeon Kyushu Co., Ltd. operates as a subsidiary of Aeon Co., Ltd.
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Overview
Filings & Signals
Ownership
Financials
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Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥520.6B
¥505.5B
¥484.7B
¥459.4B
¥460.9B
Cost of Sales
¥387.3B
¥375.2B
¥358.5B
—
—
Gross Profit
¥133.3B
¥130.3B
¥126.2B
¥119.2B
¥121.1B
SG&A
¥149.1B
¥145.9B
¥141.4B
¥135.9B
¥135.7B
Operating Income
¥10.7B
¥10.5B
¥10.4B
¥8.3B
¥5.7B
Non-Operating Income
¥1.7B
¥812M
¥584M
¥786M
¥641M
Dividend Income
¥12M
¥10M
¥9M
¥9M
¥8M
Interest Income
¥38M
¥10M
¥11M
¥14M
¥25M
Non-Operating Expenses
¥897M
¥327M
¥427M
¥287M
¥310M
Interest Expense
¥559M
¥234M
¥181M
¥170M
¥201M
Ordinary Income
¥11.5B
¥11.0B
¥10.5B
¥8.8B
¥6.0B
Pre-tax Income
¥8.7B
¥8.7B
¥5.6B
¥6.4B
¥2.4B
Income Taxes
¥3.2B
¥3.1B
¥-1.2B
¥1.8B
¥-343M
Current Tax
¥2.7B
¥1.3B
¥1.4B
¥1.3B
¥819M
Deferred Tax
¥500M
¥1.8B
¥-2.6B
¥501M
¥-1.2B
Net Income (owners)
¥6.0B
¥6.0B
¥7.0B
¥4.7B
¥2.8B
Minority Interest
¥-509M
¥-446M
¥-289M
—
—
Comprehensive Income
¥6.0B
¥6.2B
¥7.2B
—
—
EBITDA
¥18.2B
¥17.5B
¥16.9B
¥14.9B
¥12.3B
EPS
¥175.00
¥177.45
¥205.20
¥134.78
¥80.00
Shares Outstanding
34.8M
34.8M
34.8M
34.8M
34.7M
Shares Issued (total)
34.8M
34.8M
34.8M
34.8M
34.7M
Treasury Shares
0.1M
0.1M
0.1M
—
—
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥206.4B
¥180.3B
¥171.5B
¥158.2B
¥157.9B
Current Assets
¥61.8B
¥53.2B
¥49.8B
¥47.8B
¥46.2B
Cash & Deposits
¥12.6B
¥7.6B
¥5.5B
¥5.5B
¥5.9B
Trade Receivables
¥3.8B
¥3.4B
¥3.2B
¥2.9B
¥2.5B
Inventories
¥29.7B
¥28.7B
¥28.0B
¥27.0B
¥26.3B
Non-Current Assets
¥144.6B
¥127.0B
¥121.8B
¥110.4B
¥111.7B
PP&E
¥118.3B
¥100.9B
¥94.4B
¥84.7B
¥85.8B
Intangible Assets
¥217M
¥130M
¥187M
¥258M
¥342M
Investment Securities
¥587M
¥399M
¥368M
¥317M
¥237M
Deferred Tax Assets
¥6.5B
¥7.3B
¥9.4B
¥6.9B
¥7.4B
Total Liabilities
¥145.9B
¥125.0B
¥121.2B
¥111.9B
¥115.9B
Current Liabilities
¥94.8B
¥87.5B
¥84.3B
¥78.4B
¥81.8B
Accounts Payable
¥45.1B
¥38.6B
¥37.0B
—
—
ST Debt
¥10.8B
¥14.2B
¥9.7B
¥10.9B
¥17.4B
Taxes Payable
¥2.7B
¥1.2B
¥1.5B
¥1.5B
¥1.4B
Non-Current Liabilities
¥51.1B
¥37.5B
¥36.9B
¥33.5B
¥34.0B
Total LT Borrowings
¥36.8B
¥22.1B
¥19.8B
¥19.1B
¥19.3B
Total Equity
¥60.6B
¥55.2B
¥50.3B
¥46.3B
¥42.0B
Capital Stock
¥4.9B
¥4.9B
¥4.9B
¥4.9B
¥4.8B
Capital Surplus
¥10.9B
¥10.9B
¥10.9B
¥10.9B
¥10.7B
Retained Earnings
¥44.5B
¥40.1B
¥36.0B
¥30.4B
¥26.5B
Treasury Stock
¥-1.4B
¥-1.7B
¥-2.0B
¥-32M
¥-42M
AOCI
¥1.5B
¥947M
¥342M
¥60M
¥5M
Equity (owners)
¥58.8B
¥54.2B
¥49.8B
¥46.2B
¥42.0B
Minority Interests
¥135M
¥56M
¥111M
—
—
Total Interest-Bearing Debt ⓘ
¥47.6B
¥36.3B
¥29.5B
¥29.9B
¥36.7B
Net Cash ⓘ
¥-35.0B
¥-28.7B
¥-24.0B
¥-24.4B
¥-30.9B
NCAV ⓘ
¥-84.0B
¥-71.8B
¥-71.5B
¥-64.1B
¥-69.6B
NCAV/Share
¥-2,418
¥-2,066
¥-2,056
¥-1,840
¥-2,004
BV/Share
¥1,693
¥1,558
¥1,433
¥1,326
¥1,208
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥23.7B
¥14.4B
¥14.6B
¥14.5B
¥-777M
Interest Paid
¥-558M
¥-228M
¥-181M
¥-169M
¥-204M
Interest Received
¥43M
¥11M
¥9M
¥10M
¥8M
D&A
¥7.5B
¥7.0B
¥6.5B
¥6.6B
¥6.7B
Investing CF
¥-28.8B
¥-17.4B
¥-11.6B
¥-7.4B
¥-4.0B
CapEx
¥27.4B
¥17.2B
¥12.6B
¥7.2B
¥6.3B
Financing CF
¥10.0B
¥5.1B
¥-3.8B
¥-7.5B
¥172M
Dividends Paid
¥-1.6B
¥-1.9B
¥-1.5B
¥-692M
¥-519M
Share Buybacks
¥-2M
¥-3M
¥-2.1B
—
—
LT Debt Repaid
¥-15.7B
¥-8.5B
¥-8.6B
¥-9.1B
¥-10.9B
Free Cash Flow
¥-3.8B
¥-2.8B
¥2.1B
¥7.3B
¥-7.1B
Net Change in Cash
¥4.9B
¥2.1B
¥-837M
¥-364M
¥-4.6B
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
10.3%
11.5%
14.0%
10.6%
6.8%
ROA
3.1%
3.4%
4.3%
3.0%
1.8%
EPS
¥175.00
¥177.45
¥205.20
¥134.78
¥80.00
DPS
¥50.00
¥45.00
¥50.00
¥28.00
¥20.00
BPS
¥1,764.49
¥1,617.23
¥1,479.58
¥1,330.89
¥1,211.90
FCF/Share
¥-108
¥-81
¥59
¥211
¥-205
NCAV/Share
¥-2,418
¥-2,066
¥-2,056
¥-1,840
¥-2,004
Payout Ratio
28.6%
25.4%
24.4%
20.8%
25.0%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 4
Date Activist Stake Event Flag Demands Source
2025-11-18
AEON CO.,LTD.
70.56%
-3.93%
change
Passive
—
2025-02-03
AEON CO.,LTD.
74.49%
-2.49%
change
Passive
—
2024-11-28
AEON CO.,LTD.
76.98%
-1.01%
change
Passive
—
2024-03-08
AEON CO.,LTD.
77.99%
change
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 7
#
Shareholder
Shares (thou.)
% of Total
1
イオン株式会社
24,307
69.90%
2
イオン九州社員持株会
899
2.50%
3
イオン九州共栄会
772
2.20%
4
野村信託銀行株式会社 イオン九州社員持株会専用信託口
572
1.60%
5
公益財団法人横萬育英財団
166
0.40%
6
株式会社横萬金物店
76
0.20%
7
横尾 由佳
74
0.20%
8
UBS AG LONDON ASIA EQUITIES (常任代理人 シティバンク エヌ・エイ東京支店)
60
0.10%
9
株式会社エーブル
58
0.10%
10
横萬ビル株式会社
51
0.10%
Domestic Nominees
0.0%
+0.0% vs 2025
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2025
Sub-custodians for foreign asset managers
Direct / Strategic
77.3%
-4.7% vs 2025
Named entities with disclosed investment intent
Shareholder
Trend
2024
2025
2026
イオン
75.00%
71.50%
69.90%
-1.60%
イオン九州社員持株会
2.50%
2.50%
2.50%
イオン九州共栄会
2.10%
2.10%
2.20%
+0.10%
野村信託銀行株式会社 イオン九州社員持株会専用信託口
2.20%
1.90%
1.60%
-0.30%
公益財団法人横萬育英財団
↑
0.40%
0.40%
0.40%
横尾 由佳
NEW ENTRY
—
—
—
0.20%
NEW
式会社横萬金物店
NEW ENTRY
—
—
—
0.20%
NEW
横萬ビル
NEW ENTRY
—
—
—
0.10%
NEW
UBS
NEW ENTRY
—
—
—
0.10%
NEW
式会社エーブル
NEW ENTRY
—
—
—
0.10%
NEW
式会社フジ
last seen 2025
Exited Top 10
—
1.50%
—
イオンフィナンシャルサービス
last seen 2025
Exited Top 10
0.90%
0.90%
—
加藤産業
last seen 2025
Exited Top 10
0.60%
0.60%
—
旭化成
last seen 2025
Exited Top 10
—
0.30%
—
イオンモール
last seen 2025
Exited Top 10
0.30%
0.30%
—
みずほ信託銀行
last seen 2024
Exited Top 10
0.90%
—
—
マックスバリュ西日本
last seen 2024
Exited Top 10
1.50%
—
—
Concentration (HHI)
ⓘ
5645
5130
4900
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥527M
+57% since 2024
Holdings
7
+1 new
1 exited
Trend
Stable
vs 2024
Held Company
FY2026
¥527M total
FY2024
¥335M total
Book Val ¥M
Shares
Book Val ¥M
Shares
Fukuoka Financial Group, Inc.
㈱ふくおかフィナンシャルグループ
221
32,390
125
32,390
FUJI CO., LTD.
㈱フジ
144
69,003
130
69,003
M
譬ェ蠑丈シ夂、セ隘ソ譌・譛ャ繝輔ぅ繝翫Φ繧キ繝」繝ォ繝帙�シ繝ォ繝�繧」繝ウ繧ー繧ケ
㈱西日本フィナンシャルホールディングス
64
14,424
27
14,424
Mizuho Financial Group, Inc.
㈱みずほフィナンシャルグループ
54
7,600
21
7,600
MINISTOP CO., LTD.
ミニストップ㈱
27
14,641
22
14,641
Sumitomo Mitsui Trust Group, Inc.
三井住友トラストグループ㈱
9
NEW
New
1,800
—
GFOOT CO.,LTD.
㈱ジーフット
8
30,000
8
30,000
三井住友トラスト・ホールディングス㈱
—
−100%
Exit
—
2
900
Portfolio total
527
335
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding