Aeon Hokkaido Profits Slide Amid Rising Costs

Despite a modest rise in revenue to 93.72 billion yen from 91.79 billion yen for the quarter ending May 31, the company faced sustained pressure on its bottom line. Pretax profit followed the downward trend, settling at 798 million yen compared to 888 million yen in the prior year. Consequently, earnings per share fell to 3.42 yen from 5.29 yen.

Management maintains its annual dividend forecast at 16 yen per share, mirroring the previous year’s payout. These results, prepared under Japanese accounting standards, highlight a challenging start to the fiscal year as the firm balances top-line growth with diminished profitability.