January 11, 2022Company name AEON CO., LTD.Listings The First Section of Tokyo Stock ExchangeSecurity code 8267URLhttps://www.aeon.info/en/ Representative Akio Yoshida, PresidentContactTelephone +81 43-212-6042Takeshi Miyazaki, Chief Officer, Finance and Accounting AEON Monthly Operating Performance of Major Consolidated Companies in December 2021December Sales Trends:- Japan saw record snowfall in many regions between December 25 and 28. Despite this, however, the recovery in the movement of people withinJapan continued as the daily number of new COVID-19 cases remained low in December. Aeon worked to build up demand by promoting WAONpoints, which can now be earned by making payments using either the WAON e-money service or Aeon Cards. The price freeze on Topvalu brandproducts until the end of 2021 was extended until the end of March 2022. The number of Topvalu products covered by the price freeze was alsoexpanded to 5,000 food and daily necessity/household consumable items. Measures were also implemented to bolster online shopping includingmeasures to further boost online pre-order sales, which are continuing to expand. As a result, Christmas sales (sales on December 23, 24, and 25)and year-end sales (sales on December 29, 30, and 31) exceeded internal targets, and also exceeded the results for 2020 and 2019.- General Merchandise Store Business company AEON Retail achieved same-store food category sales exceeding those for December 2020 andDecember 2019. This was the 15th consecutive month in which same store food category sales exceeded those for the corresponding month in thetwo preceding years. This was partly due to strong same-store sales in the delicatessen category, which were up 3.6% from December 2020. Thestrong delicatessen category performance was the result of efforts to meet demand for quick, easy, and delicious home meals and special meals toenjoy with family members returning home for the holidays. The Christmas/year-end period is the main shopping season of the year. Strict COVID-19countermeasures were implemented over the Christmas sales period (December 23, 24, and 25) and year-end sales period (December 29, 30, and31), and sales for these periods exceeded internal targets, and also exceeded the results for 2020 and 2019. Pre-order online supermarket sales ofChristmas cakes and traditional New Year’s osechi food products saw significant growth, with sales up approximately 50% from 2020. Year-end salesin the Confectionery Signature Brands category were up approximately 40% from 2020 thanks to proactive promotion of products for people to takeas gifts when visiting their hometowns over the holidays, and famous regional food products from around Japan that help people to feel like they’retraveling, while staying at home.- The Supermarket Business achieved same-store Christmas and New Year sales that exceeded those for 2019. Efforts were made to boost Christmasand New Year sales together with sales promotions using app-based coupons for osechi and gourmet food items for meals with family membersreturning home for the holidays. Each group company pursued the growth strategies set forth in the Aeon Group Medium-term Management Plan,including the Digital Shift strategy, which is aimed at meeting the needs of consumers in the emerging new normal. Examples of this include movesby Maxvalu Tokai, Aeon Market, and other companies, to launch and expand food delivery services.- Health & Wellness Business company Welcia Holdings’ same-store prescription drugs section sales remained strong and were up 11.8% fromDecember 2020. On December 15 Welcia Holdings announced that, as part of efforts to further bolster its prescription drugs business and enhance itsresponse to diversifying consumer needs in the field, it would be introducing an online service providing medication guidance to customers of all itsdrugstores that dispense prescription drugs. In light of its position as a company providing infrastructure designed to help protect local communities,at the end of the year Welcia Holdings began rolling out a project in which it provides free COVID-19 testing in connection with a governmentvaccination and testing scheme. As of January 2, a total of more than 30,000 PCR and qualitative antigen tests had been carried out at approximately1,300 drugstores. In this way, the Health & Wellness Business is working to provide an expanded and enhanced range of services as part of efforts tomove beyond retailing.- The Services and Specialty Store Business “Cox” achieved same-store sales that were up 15.7% from December 2020, thanks partly to strong salesof winter outerwear garments and other winter apparel. Spending per customer on a same-store basis also grew significantly and was up 26.1% fromDecember 2020.- Procedures to acquire the shares of Can Do Co., Ltd. following a tender offer bid were completed, and Can Do Co., Ltd. is now a consolidatedsubsidiary of Aeon.FY2021YoY salesMarchAprilMayJuneJulyAugustSeptemberOctoberNovember DecemberJanuaryFebruary（Unit：％） AEON Retail Co., Ltd. AEON Hokkaido Corporation AEON KYUSHU CO., LTD. Maxvalu Tokai Co., Ltd. Maxvalu Nishinihon Co., Ltd. MINISTOP CO., LTD. WELCIA HOLDINGS CO., LTD. COX CO., LTD. GFOOT CO., LTD.All stores195.7190.9196.8201.9205.2202.3201.1204.2202.8207.5All stores102.5114.5101.8Same stores101.9114.6101.8All stores104.2104.7Same stores103.0104.193.994.298.898.0101.0101.295.095.5102.6100.0102.299.8All stores238.5272.0234.3217.0226.1227.4Same stores102.6105.098.0100.496.799.698.999.699.197.194.492.4102.8102.8100.9101.3101.5100.7100.899.099.9100.5All storesSame storesSame storesAll storesSame stores98.796.097.298.899.195.596.798.599.1106.5104.1101.4107.7105.6103.2101.9108.496.396.8100.3100.893.496.698.398.398.797.097.297.998.955.977.096.796.7102.4102.599.599.198.399.8100.779.897.896.697.795.399.298.798.998.899.397.996.996.698.899.898.798.899.399.699.098.297.097.798.783.1101.6109.4115.796.898.5105.5108.896.895.696.554.367.688.291.0All stores115.0174.1114.3Same stores116.3346.6154.4All stores115.2203.999.1Same stores117.6213.6104.955.176.771.274.154.193.899.9103.8All stores106.7104.2110.0106.2108.0104.4106.1106.2106.2110.0Same stores101.898.7104.3102.3104.1100.7102.3102.7102.8101.3※Figures above are based on each company’s disclosure policy.※1. On September 1, 2021, AEON Retail’s Tohoku Business Division was transferred to AEON Tohoku. Effective from September, all-store year-on-year comparisons are based on the previous year’s store resultsprior to the transfer and the results of the remaining stores after the transfer, while same-store year-on-year comparisons are based on the results of the remaining stores after the transfer. Note that, for same-store year-on-year comparisons, retroactive changes have also been made for the period from March through August.※2. Maxvalu Nishinihon Co., Ltd. was merged with marunaka CO., LTD. and SANYO MARUNAKA CO., Ltd. on March 1, 2021.※3. AEON Kyushu Co., Ltd. was merged with Maxvalu Kyushu Co., Ltd. and AEON Store Kyushu Co., Ltd. on September 1, 2020.※4. The results of United Super Markets Holdings Inc. and AEON Fantasy Co., Ltd. will be announced on the AEON website at a later date.≪YoY difference in number of days in the month≫ ①Weekends: Sat. ±0day, Sun. ±0day, National holidays: This year; Ｎ/A, Last year; Ｎ/A. ②Customer gratitude day: This year: December 20th (Mon.), 29th（Wed.）, 30th (Thu.). Last year: December 20th (Sun.), 29th (Tue.) ,30th (Wed.)
