DOCSLIB.ORG

Aeon Group Toward 2020

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Aeon Group Toward 2020 Aeon Group Toward 2020 December 12, 2017 AEON CO., LTD. Copyright 2017 AEON CO., LTD. All Rights Reserved. Agenda １. Transformation of the Group ２. Major Initiatives ３. Target Levels for 2020 Copyright 2017 AEON CO., LTD. All Rights Reserved. 1 1. Transformation of the Group Copyright 2017 AEON CO., LTD. All Rights Reserved. 2 Shift to Regional Markets Restructuring of Supermarket, GMS companies Copyright 2017 AEON CO., LTD. All Rights Reserved. 3 Shift to Digital Markets Online sales ratio 12％ 0.7％ 2016 2020 Copyright 2017 AEON CO., LTD. All Rights Reserved. 4 Shift to Asian Markets Ratio of operating income from Asian markets 23% ６ ％ 2016 2020 Copyright 2017 AEON CO., LTD. All Rights Reserved. 5 Investment Shift IT・ Digital ・ Logistics Past 3 years Next 3 years 200 billion yen 500 billion yen Copyright 2017 AEON CO., LTD. All Rights Reserved. 6 2. Major Initiatives ① Supermarket Reforms ② GMS Reforms ③ Digital Reforms Copyright 2017 AEON CO., LTD. All Rights Reserved. 7 ① Supermarket Reforms Copyright 2017 AEON CO., LTD. All Rights Reserved. 8 Environmental Changes Surrounding Food Changes in -Preference for low-prices -Local, natural, organic, consumers traditional -Shift away from National Shift to SPA Brands -Access points Digitalization -Shift away from labor- intensive system Copyright 2017 AEON CO., LTD. All Rights Reserved. 9 Integration of Groupʼs Supermarket Business Hokkaido Tokai Maxvalu Hokkaido 230 Maxvalu Tokai 320 Aeon Hokkaido billion yen Maxvalu Chubu billion yen Tohoku Kinki Maxvalu Tohoku 200 Daiei 330 Aeon Retail billion yen billion yen (Tohoku Regional Company) Chugoku-Shikoku Tokyo metropolitan area Maxvalu Nishinihon 400 U.S.M.H Marunaka/Sanyo Marunaka billion yen 840 Kyushu Daiei billion yen Maxvalu Kyushu 320 Aeon Kyushu billion yen Copyright 2017 AEON CO., LTD. All Rights Reserved. 10 Shift to SPA for Food Production Process/Distribution Stores areas Centers Fishing ports Concentration Food for cooking Partially-cooked Farms meals Processing Quick meals In-house farms Dining-out In-house ranches Commercialization Eating at home Copyright 2017 AEON CO., LTD. All Rights Reserved. 11 Establishment of Discount Store Business Copyright 2017 AEON CO., LTD. All Rights Reserved. 12 Sales Volume of Discount Stores by Each Area 30 MV Hokkaido 60 MV Tohoku MV Minami Tohoku 30 MV Nagano 100 5 30 MV Nishinihon 145 Aeon Big MV Kyushu （Unit: billion yen） Aeon Ryukyu Aeon Big MV Chubu MV Tokai Copyright 2017 AEON CO., LTD. All Rights Reserved. 13 Burgeoning into Groupʼs New Earnings Pillar Discount store business Over trillion yen Copyright 2017 AEON CO., LTD. All Rights Reserved. 14 ②GMS Reforms Copyright 2017 AEON CO., LTD. All Rights Reserved. 15 Post GMS Reforms GMS Regional spin-offs Food Apparel specialty companies Apparel Home fashion Home fashion specialty companies Health & Health & Beauty Care Beauty Care specialty companies Specialty stores Spin-offs Copyright 2017 AEON CO., LTD. All Rights Reserved. 16 Ranking of Apparel Products (Unit: billion yen) Ranking Company Sales 1 Fast Retailing 810 2 Shimamura 570 3 Aeon 500 *Figures are based on sales in the year ended Feb. 28, 2017.（The figure for Fast Retailing is based on its sales result in Japan for the fiscal year ended Aug. 31, 2017). Copyright 2017 AEON CO., LTD. All Rights Reserved. 17 Ranking of Home Fashion Products (Unit: billion yen) Ranking Company Sales 1 Nitori 300 2 Aeon 110 3 Ryohin Keikaku 80 *Figures for NITORI and Ryohin Keikaku are based on aggregate sales of their respective home fashion segments from data pertaining to their sales results for the year ended Feb. 28, 2017. Copyright 2017 AEON CO., LTD. All Rights Reserved. 18 Ranking of Health & Beauty Care Products (Unit: billion yen) Ranking Company Sales 1 Aeon 930 2 Tsuruha 580 3 Matsumoto Kiyoshi 540 *Figures are based on the sales results for the year ended Feb. 28, 2017. Copyright 2017 AEON CO., LTD. All Rights Reserved. 19 Further Growth by Boosting Expertise AEON LIQUOR AEON BIKE Copyright 2017 AEON CO., LTD. All Rights Reserved. 20 Provision of Added Convenience -Food Food-centered “products” -Grocerants + ”events” -Health & Beauty Care -Community Space 3,000㎡ Copyright 2017 AEON CO., LTD. All Rights Reserved. 21 ③ Digital Reforms Copyright 2017 AEON CO., LTD. All Rights Reserved. 22 Digitalization Initiatives Strengths Weaknesses • Convenience • Freshness • Price • Inconvenience (Returned Online goods and exchanges) retailers • Inability to offer shopping experience Aeonʼs weaknesses Aeonʼs strength ① Building of Marketplace ① Enhance food ② Digitalization of stores ⇒ Physical and online stores Aeon to give it huge edge Utilization of stores ② Integration of online and physical stores Eliminate inconveniences of online stores Copyright 2017 AEON CO., LTD. All Rights Reserved. 23 Development of Marketplace Exhibits Vendors Aeon Exhibits Small, mid-size Store openings business operators Marketplace Producers Finance & Settlement Each of Tenants infrastructure Aeon stores Group companies Provision of Group resources Copyright 2017 AEON CO., LTD. All Rights Reserved. 24 Digitalization of Stores -Stress-free check-out Customer -Ordering and customer analysis convenience using AI -Product proposals using AR, VR Optimization of -More pickup locations and methods operations -Robotization of distribution and processing center Copyright 2017 AEON CO., LTD. All Rights Reserved. 25 ３. Target Levels for 2020 Copyright 2017 AEON CO., LTD. All Rights Reserved. 26 Target for 2020 Operating revenue 10 trillion yen Operating income 340 billion yen Copyright 2017 AEON CO., LTD. All Rights Reserved. 27 Dramatic Rejuvenation of Organization Copyright 2017 AEON CO., LTD. All Rights Reserved. 28 Copyright 2017 AEON CO., LTD. All Rights Reserved. 29 Notes on projections • These materials are intended for the purpose of providing information, and not to encourage any specific actions. The company has prepared these materials (including business plans) based on available information believed to be reliable, but there are risks and uncertainties. The company bears no liability for the accuracy or completeness of the information. • Please use these materials at your own discretion. The company bears no liability for any loss or harm that may arise from investment decisions made on the basis of any of the projections or targets contained in these materials. • All rights of authorship of these materials revert to AEON CO., LTD. These materials may not be reproduced or distributed without the permission of the company. Copyright 2017 AEON CO., LTD. All Rights Reserved. 30 Aeon Sustainable Management Briefing December 12, 2017 AEON CO., LTD. 1 AEON Report 2017 (Integrated Report) A comprehensive review of the Aeon Groupʼs medium- and long-term value creation story and realization of sustainable management through environmental and social activities. AEON Report 2017 Overview Part 1 Introduction － Aeon Basic Principles － Value Creation Model － Our Strengths － Business Overview － Financial and Non-financial Highlights Part 2 Our Strategies － Comments from the Group CEO － Comments from the CFO － Aeon Group Medium-term Management Plan (FY2017~2019) － Corporate Governance Part 3 Our Sustainability － Feature 1: Dialogue with Stakeholders － Feature 2: Promotion of CSR in the Value Chain －Aeon Group CSR Part 4 FY2016 Activities － Environmental Activities － Social Activities 2 Part 5 Corporate Data 2 Agenda 1. Background to Aeon Sustainable Management Briefing 2. Continued Efforts of CSR Initiatives 3. Examples of Aeon Sustainable Management Initiatives Aeon Sustainability Principle ・ Realization of a low-carbon society ・ Conservation of biodiversity Priorities ・ Better use of resources ・ Responding to diverse consumer issues ・ Carrying out fair business practices ・ Collaborating with the community 4. Utilizing Diverse Human Resources in Management Aeon Sustainability Principle Priorities ・ Creating workplaces that emphasize human rights and diversity 5. Corporate Governance Structure 3 1. Background to Aeon Sustainable Management Briefing Aeon Basic Principles Pursuing peace, respecting humanity and contributing to local communities, always with the customerʼs point of view as its core. Peace Customers People Community On the basis of the Aeon Basic Principles, Aeon practices its “Customer-First” philosophy with its ever-lasting innovative spirit. 4 2. Continued Efforts of CSR Initiatives Year 1990 1995 2000 2005 2010 2015 Corporate Social Responsibility Creating Shared Value ●1989 Aeon Group 1% Club established ●1990 Aeon Environmental Foundation ●2011 Aeon Sustainability established Principle announced ●1990 JUSCO Earth-Friendly Committee launched ●1991 Aeon Hometown Forest Program ●2017 Aeon (Tree-planting) begun Sustainable ●2002 Aeon signs Procurement UN Global Compact Policy announced Commitments (examples) ●1993 Gurinai agricultural ●2006 Introducing MSC-certified Aeon Environmental Policy and Aeon Policy Environmental products launched products ●2008 Introducing FSC-certified products ●2008 G8 Hokkaido Toyako summit ●1992 Rio Summit held held ●1993 UN Convention on Biological ●2010 COP10 held Diversity announced ●2005 Kyoto Protocol enters into force Global Trends ●2015 Paris Agreement ●1997 Kyoto Protocol adopted SDGs adopted 5 Aeon Tree Planting Program AEON Report: P98-99 Origins of Tree Planting Activities (belief of Takuya Okada) ~About 50 years ago, in the 1960s, Okada noticed that the Nandina heavenly bamboo tree in his garden in Yokkaichi City, Mie Prefecture had stopped producing berries.~
Load more

Recommended publications
  • China - Peoples Republic Of
    THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Voluntary - Public Date: 1/26/2011 GAIN Report Number: CH0816 China - Peoples Republic of Post: Shanghai ATO China Retail Annual Report Report Categories: Retail Food Sector Approved By: Keith Schneller Prepared By: Leanne Wang, May Liu, Tong Wang and ATO-Chengdu Report Highlights: With increased disposal income, urbanization and food safety concerns, Chinese are consuming more U.S. food products; this is partly due to the excellent quality and safety reputation of American food products. While the Chinese economy has slowed this past year, it is still growing faster than any other major economy. This fact and Chinese customers‟ growing taste for imported products, makes the Chinese market very attractive to many U.S. food producers. Executive Summary In response to rising inflation and food safety concerns, more Chinese people are cutting back on eating out and are now cooking more and more at home. Consumers of imported food are generally expatriates and high and upper –middle income locals. They are least affected by inflation and pay great attention to food safety. Consumption of western style products continues to grow as they generally are regarded as good quality, nutritious and safe. Some products, such as fresh fruit, frozen vegetables and nuts, have much deeper penetration, and some supermarkets and convenience stores are becoming more interested in imported products. Rapid economic growth has caused the total U.S. dollar sales value of food and beverages to rise by 26.2% to USD132 billion in 2008.
    [Show full text]
  • Annual Report 2007
    Fully Global, Truly Local Annual Report 2007 Fiscal year ended February 20, 2007 A leading-edge, global-level operating and management infrastructure raises the quality and satisfaction of shopping with ÆON. 155 ÆON companies in Japan and overseas apply a “glocal (global + local) strategy”: global-class management systems tailored to local needs in a drive to be the best local retailer wherever we operate. Our business is based on large-scale shopping centers serving their respective communi- ties with tailored services comprising GMS (general merchandise store) retail, supermarkets, drugstores, home centers, convenience stores, specialty stores, shopping-mall development, financial services, entertainment, food services and more. ÆON is growing through internal expansion and strategic tie-ups that add new services, synergy and sales. Being the best local retailer means being the best at meeting local needs, with shuttle buses, environmental action and direct community involvement. Contents Highlights for the year 2 Financial section 29 The President’s message 4 Board of directors and executive officers 67 The Chairman’s message 6 Corporate responsibility 68 Review of operations 12 Corporate history 73 Environmental and social contribution activities 24 Major group companies 77 Shareholder information 77 ÆON ANNUAL REPORT 2007 1 Applying unique management know-how to develop and manage shopping malls centered on each community, ÆON is building a uniquely positioned retail network in Japan and overseas. In fact, ÆON shopping mall facilities
    [Show full text]
  • ATO Guangzhou Supply Chain Workshop – Retail Cold
    THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Voluntary - Public Date: 10/26/2012 GAIN Report Number: CH11842 China - Peoples Republic of Post: Guangzhou ATO Guangzhou Supply Chain Workshop – Retail Cold Storage and Food Safety Seminar Report Categories: Market Development Reports Fresh Fruit Retail Foods Approved By: Jorge Sanchez Prepared By: May Liu Report Highlights: Summary: Throughout September 2012, ATO Guangzhou jointly coordinated a series of workshops and seminars targeting food retailers and in particular large national supermarket grocery chains. The seminars were entitled “Supply Chain Management – Retail Perishable Food Cold Storage and Food Safety Seminars” in South China, which received support from the U.S. Poultry and Egg Export Council (USAPEEC) and a locally hired representative of the U.S. logistics consultant company Food Tech. Six supermarkets chains in total were involved in this campaign. Pre-workshop visits and on-site best practices assessments were shared with the participating supermarket chain managers to help them understand existing weaknesses in their respective retail chain management in South China. Two half- day sit-down training seminars were held in Guangzhou (with 103 retail attendees in participation) and two in Shenzhen (with the participation of 96 retail managers). A follow-up on-site survey indicated that 97 percent of the participants widely agreed that the program helped them improve quality controls and cold chain management practices. General Information: Purpose for organizing a series of Retail Cold Storage and Food Safety Seminars: 1) To enhance awareness of cold management practices in retail supply chains and quantify these in terms of dollars lost as a result of inefficient logistics and cold storage practices 2) To identify the existing problems in most retail chains and provide immediate and practical solutions 3) To provide technical consultation on U.S.
    [Show full text]
  • China: Retail Foods
    THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: 12/28/2017 GAIN Report Number: GAIN0036 China - Peoples Republic of Retail Foods Increasing Change and Competition but Strong Growth Presents Plenty of Opportunities for U.S. Food Exports Approved By: Christopher Bielecki Prepared By: USDA China Staff Report Highlights: China remains one of the most dynamic retail markets in the world, and offers great opportunities for U.S. food exporters. Exporters should be aware of several new trends that are changing China’s retail landscape. Imported food consumption growth is shifting from China’s major coastal metropolitan areas (e.g., Shanghai; Beijing) to dozens of emerging market cities. China is also experimenting with new retail models, such as 24-hour unstaffed convenience stores and expanded mobile payment platforms. E-commerce sales continue to grow, but major e-commerce retailers are competing for shrinking numbers of new consumers. We caution U.S. exporters not to consider China as a single retail market. Over the past 10 years, the Chinese middle-class has grown larger and more diverse, and China has become a collection of 1 niche markets separated by geography, culture, cuisine, demographics, and commercial trends. Competition for these markets has become fierce. Shanghai and the surrounding region continues to lead national retail trends, however Beijing and Guangzhou are also important centers of retail innovation. Chengdu and Shenyang are two key cities leading China’s economic expansion into international trade and commerce.
    [Show full text]
  • Participating JUSCO Stores Include
    Participating JUSCO stores include: JUSCO Kornhill Address: Kornhill Plaza (South), 2 Kornhill Road, Quarry Bay, Hong Kong Tel: 2884 6888 Opening Hour: 08:30 - 23:00 (Supermarket) / 10:00 - 22:30 (Others) JUSCO Tsuen Wan Address: Level 1-4, Tsuen Wan Plaza, 4-30 Tai Pa Street, Tsuen Wan, N.T. Tel: 2412 8686 Opening Hour: 10:00 - 22:30 JUSCO Whampoa Address: G/F & Basement One, Site 5 & 6, Whampoa Garden, Hung Hom, Kowloon Tel: 2627 6688 Opening Hour: 08:30 - 22:30 (Supermarket) / 10:00 - 22:30 (Others) JUSCO Tuen Mun Address: Upper Ground to First Floor, Phase 1 Tuen Mun Town Plaza, 1 Tuen Shun Street, Tuen Mun, N.T. Tel: 2452 7333 Opening Hour: 08:30 - 22:30 (Supermarket) / 10:00 - 22:30 (Others) JUSCO Kowloon Bay Address: Level 1-2 MegaBox, 38 Wang Chiu Road, Kowloon Bay, Hong Kong Tel: 2339 3388 Opening Hour: 10:00 - 22:30 JUSCO Lai Chi Kok Address: AquaMarine, 8 Sham Shing Road, Kowloon Tel: 3120 7188 Opening Hour: 08:30 - 22:30 (Supermarket) / 10:00 - 22:30 (Others) JUSCO Kowloon City Address: 2/F & 3/F, KCP, No. 128 Carpenter Road, Kowloon City, Kowloon Tel: 2662 8888 Opening Hour: 08:30 - 22:30 (Supermarket) / 10:00 - 22:30 (Others) JUSCO SUPERMARKET Address: Lower Ground Level, apm, Millennium City 5, No. 418 Kwun Tong Road, Kowloon (Kwun Tong) Tel: 3148 9228 Opening Hour: 10:00 - 23:00 JUSCO SUPERMARKET Address: Shop Nos. 321-322, Kai Tin Shopping Centre, Kai Tin Road, Lam Tin, Kowloon. (Lam Tin) Tel: 2952 6822 Opening Hour: 08:30 - 22:30 JUSCO SUPERMARKET Address: Shop 101-105 & 125-130 on 1st Floor, Grand Waterfront Plaza, (Grand Waterfront) 38 San Ma Tau Street, To Kwa Wan, Kowloon.
    [Show full text]
  • GAIN Report Global Agriculture Information Network
    Foreign Agricultural Service GAIN Report Global Agriculture Information Network Required Report - public distribution Date: 8/8/2000 GAIN Report #JA0510 Japan Retail Food Sector 1999/2000 Interim Update Approved by: Terrence Barber, Executive Director U.S. Agricultural Trade Offices, Japan David Miller, ATO Tokyo Drafted and Prepared by: Terrence Barber, ATO Japan Karen Halliburton, Deputy ATO Tokyo Report Highlights: In 1999, total national supermarket food sales declined 3%. Results remain to be seen from the large-scale supermarket, convenience, and home meal replacement (HMR) subsectors in which U.S. Agriculture enjoys comparative advantages. These subsectors demonstrated substantial growth in 1998 despite stagnation of the overall supermarket sector and general recession. 1998 retail sales in Japan’s retail food sector reached nearly $380 billion. Large-scale supermarket food sales rose 5.4% nationwide in 1998, with key regions registering as high as 17% growth. HMR sales gained 3.5%, with some national retailers registering as high as 7% growth in HMR. ATO Tokyo expects an eventual slowdown in these subsectors, as new store openings taper due to the official one-year moratorium on new stores which commenced June 2000. Large-scale supermarket chains are streamlining distribution, while seeking direct overseas private label sources. Processors with entrenched domestic and third-country sources are tying in closely with top retailers, applying "efficient consumer response" systems, potentially locking U.S. suppliers out long-term, absent an aggressive and immediate marketing response. Includes PSD changes: No Includes Trade Matrix: No Annual Report Tokyo[JA1], JA GAIN Report # JA0510 Page 1 of 22 TABLE OF CONTENTS PREFACE: A CALL FOR ACTION .....................................................
    [Show full text]
  • Coaching Day-Hong Kong
    Coaching Day-Hong Kong Food from Finland 4.5.2020 PROGRAM FOR THE DAY 9:00-9:10 AM Food from Finland 2020 plan for Hong Kong market 9:10-9:30 AM Hong Kong market overview 9:30-10:00 AM Profiling Future consumer in Hong Kong 10:00-10:15 AM Q&A 10:15-10:35 AM Finnish food and beverage export update 10:35-10:45 AM Coffee Break 10:45-11:45 AM Hong Kong import Food and beverage market analysis-PART 1 11:45-12:15 AM Lunch break 12:15-12:45 AM Hong Kong import Food and Beverage market analysis-PART 2 12:45-13:00 PM Q&A 13:00-13:20 PM Local support for Finnish food and beverage companies 13:20-14:00 PM Panel discussion with importers and speakers/ Q&A to all speakers Food from Finland Program . Food from Finland is team Finland’s Export Program for the Finland’s Food Sector since 2014. It’s funded by the Ministry of Economy and Employment and Ministry of Agriculture and Forestry. We have a close collaboration with the Foreign Ministry of Affairs . The program is managed by Business Finland in cooperation with Team Finland operators, Finnish Food Authority and The Finnish Food and Drink Industries’ Federation (ETL) . The program’s goal is to increase the Finnish F&B export, open new markets, and to create new jobs . Focus market for export activities: Germany, China and Hong Kong SAR, Japan, South Korea, Sweden, Denmark, France, and Russia Program Activity in Hong Kong 2020 Training Day 4.5.2020 (Webinar) Coaching day-Hong Kong Other events in planning for Hong Kong market Date until further Vegetarian food Asia Expo notice 10.6.2020 Export via
    [Show full text]
  • 2.0 Hong Kong – Avocado Market
    1 Author AdrianoBrescia,TradeandInvestmentOfficer,FoodandAgribusiness,TradeandInvestmentQueensland, QueenslandTreasuryandTrade Projectleader JodieCampbell,PostharvestHorticulturist,HorticultureandForestryScience,AgriͲScienceQueensland, DepartmentofAgriculture,FisheriesandForestry(DAFF) Disclaimer ThispublicationhasbeenpreparedbytheStateofQueenslandasaninformationonlysource. TheStateofQueenslandmakesnostatements,representationsorwarrantiesabouttheaccuracyor completenessof,andyouandallotherpersonsshouldnotrelyon,anyinformationcontainedinthis publication.Anyreferencetoanyspecificorganisation,productorservicedoesnotconstituteorimplyits endorsementorrecommendationbytheStateofQueensland. TheStateofQueenslanddisclaimsallresponsibilityandallliability(includingwithoutlimitation,liabilityin negligence)forallexpenses,losses,damagesandcostsyoumightincurasaresultoftheinformationbeing inaccurateorincompleteinanyway,andforanyreason. ©TheStateofQueensland,QueenslandTreasuryandTrade,2012. Copyrightprotectsthismaterial.Enquiriesshouldbeaddressedtotradeinfo@qld.gov.au(telephone +61732244035) 2 Contents Tablesandfigures 5 Tables 5 Figures 5 Acknowledgements 6 QueenslandGovernment 6 Industrypartners 6 Executivesummary 7 1.0Introduction 8 1.1Projectbackground8 1.2Marketresearchobjectives 8 1.3Methodology 8 1.3.1Secondarysources 8 1.3.2Primarysources 8 1.4Limitations 9 2.0 HongKong–Avocadomarket 10 2.1 Avocadoimports 10 2.2 MarketshareofcountriessupplyingavocadostoHongKong
    [Show full text]
  • Annual Report 2019 1
    REGIST AEON CO. (M) BHD. R ATION ATION N O. 198401014370 (126926-H) ANNU A L REPO R T 2019 AEON CO. (M) BHD. Registration No. 198401014370 (126926-H) 3rd Floor, AEON Taman Maluri Shopping Centre, Jalan Jejaka, Taman Maluri, Cheras, 55100 Kuala Lumpur, Malaysia. TEL : +603-9207 2005 FAX : +603-9207 2006/2007 AEON CARELINE : 1-300-80-AEON(2366) www.aeonretail.com.my I www.facebook.com/aeonretail.my I AEON CO. (M) BHD. Registration No. 198401014370 (126926-H) ANNUAL REPORT 2019 1 Corporate and Business Corporate Governance Others Table of Review 61 Corporate Governance 158 Analysis of Shareholdings Contents 2 Corporate Information Overview Statement and Directory 158 Substantial Shareholders 74 Audit and Risk 3 Five-Year Management 158 Directors’ Interest Financial Highlights Committee Report 159 List of Thirty (30) 4 Share Price and 78 Statement on Largest Shareholders Financial Charts Risk Management and Internal Control 160 Particulars of Properties 5 Chairman’s Statement 82 Additional Compliance 162 AEON Stores, AEON Malls 7 Board of Directors’ Profiles Information and MaxValu 13 Senior Management 83 Statement of Directors’ 165 Our Milestones Responsibility 14 Management Discussion 169 Notice of and Analysis Annual General Meeting 26 Malaysian AEON Financial Statements 171 Notice of Foundation Dividend Payment 85 Directors’ Report 173 Administrative Details 89 Statement of Sustainability Statement Financial Position Proxy Form 30 Sustainability Statement 90 Statement of Profit or Loss and Other Comprehensive Income 91 Statement Of Changes In Equity 92 Statement of Cash Flows 95 Notes to the Financial Statements 152 Statement by Directors and Statutory Declaration 153 Independent Auditors’ Report AEON CO.
    [Show full text]
  • Supermarket Development in China
    December 1996 E.B.96-20 Cornell Food Supermarket Development Industry Management in China Program ••tlJlIttl !£JUi..tl.jfj/\mf!l! IMMII:.:Il~S3"'I'.=.ooo.=........c..........-..............l...~ 1:.1Ulrj[] • ~ .11. J:tli1lUll ~lI~z:+~: Yaoh ll:iIllftl"'er£.1. RG f\§f!I!l o •• ~ ...J1tlltlJ! super Shenzhen ••••~S3~1E.;j< I I 811-fl8;c( .set for opeJ!tng WII-Man1t& •. .la1l8*tlJ 8\ JAPANESE retail giant I \ Yaohan will open its first f lta• .IItlJ •• joint-venture supermarket ; flit'" 7I.1I1!!l+1 in China tomorrow. the first of 1,000 planned by chair­ man Kazuo Wada for the world's 1arJest market. "Our initial plan is to open five or six in Shanghai by the end ofthis year." said Zhou &zhon&. head of the aeneral manager's office at Shanghai Lian Nong Co. Yaoban's partner. Gene A. German Jane Wu Ming Li Chai Food Industry Management Program Department of Agricultural, Resource, and Managerial Economics College of Agriculture and Life Sciences Cornell University, Ithaca, New York 14853 It is the Policy ofCornell University actively to support equality of educational and employment opportunity. No person shall be denied admission to any educational program or activity or be denied employment on the basis of any legally prohibited I discrimination involving, but not limited to, such factors as race, color, creed, religion, national or ethnic origin, &eX, age or handicap. The University is committed to the maintenance of affirmative action programs which will assure the continuation of l such equality of opportunity. Supermarket Development in China Gene A. German Jane Wu Ming Li Chai Cornell University Food Industry Management Program $25 per copy Copies may be purchased from: Food Industry Management Program 113 Warren Hall Cornell University Ithaca, NY 14853-7801 ­ Phone (607) 255-1622 Fax (607) 255-4776 Acknowledgments The authors would like to express their appreciation to the Food Marketing Institute for providing a portion of the funding for this project.
    [Show full text]
  • China - Peoples Republic Of
    THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: 01/15/2010 GAIN Report Number: CH0801 China - Peoples Republic of RETAIL FOOD SECTOR REPORT Spending on Food Surges While Distribution Remains a Challenge Approved By: Wayne Batwin Prepared By: Alan Hallman and FAS China Staff Report Highlights: In the four years ending in 2008, urban Chinese consumers increased their spending on food by an average of 17% per year. This is significantly faster than the impressive increase in the size of China's economy. The excellent quality and safety reputation of American food products has allowed U.S. exporters to benefit from this growth. While the Chinese economy has slowed this year, it is still growing faster than any other major economy. This fact, and the Chinese customers taste for quality products, makes the Chinese market very attractive to many U.S. producers of food products. Post: Shanghai ATO Table of Contents Executive Summary ……………………………………… 3 Consumer Spending Patterns……………………………... 4 Market Size and Segments………………………………… 6 Market Segments …………………………………. 7 Hypermarkets……………………………… 8 Supermarkets……………………………… 10 Specialty Supermarkets…………………… 11 Convenience Stores……………………….. 12 Traditional Markets……………………….. 13 Product Distribution………………………………………. 15 Geographical Differences………………………….. 17 Distribution by Product Type ………………………18 New Trends in Retail …………………………….. 19 Retailer Profiles…………………………………………… 20 Hypermarkets……………………………………... 21 Department Stores ………………………………... 25 Specialty Supermarkets…………………………… 25 Supermarkets ……………………………………... 26 Advantages and Challenges for U.S. Products……………. 27 Competition and Best Prospects ………………….. 28 Guidelines for Entering the Market……………………….. 31 Regional Profiles …………………………………………. 35 Eastern China – Shanghai and the Yangtze Delta… 35 Beyond Shanghai………………………….
    [Show full text]
  • Application Forms Exclusive Privileges Merchants List
    Enjoy HK$800 PARKnSHOP Gift Vouchers upon successful application of Chartered Secretaries American Express Platinum Credit Card! Chartered Secretaries American Express® Platinum Credit Card and Chartered Secretaries American Express® Gold Credit Card are two co-branded cards that have been created in collaboration with American Express International Inc and have been specifically designed to recognise and benefit our members. As a Member/Graduate/Student of HKICS, you are cordially invited to become a Chartered Secretaries American Express Platinum or Gold Card Cardmember. This card provides a highly convenient way to pay for HKICS membership fees, CPD events and seminars, examination fees and other fees. Application forms Exclusive privileges Merchants list Application forms Chartered Secretaries American Express Platinum Credit Card application form Chartered Secretaries American Express Gold Credit Card application form Application with required documents should be sent to: American Express International Inc Attn: New Accounts GPO Box 11250 Hong Kong Note: 1. Terms and conditions apply to the above offers and privileges. Please visit www.americanexpress.com.hk to learn more. 2. The Chartered Secretaries American Express co-branded Card is a privilege from HKICS. All Credit Card application approvals will be at the sole discretion of American Express International Inc. 3. For any enquiries, please call 2277 1370. Exclusive privileges Chartered Secretaries American Express Platinum Credit Card - Perfect complement to your distinct lifestyle! Enjoy a welcome offer with your successful application HK$800 PARKnSHOP Gift Vouchers (valid till June 30, 2011 or subject to further notice) Half year annual fee waiver Exclusive to HKICS members, all these outstanding privileges are yours to enjoy for only half of the regular annual fee, which is HK$800.
    [Show full text]