Takeshi Miyazaki, Chief Officer, Finance and Accounting
AEON Monthly Operating Performance of Major Consolidated Companies in May 2021
May Sales Trends:
A state of emergency was declared in May, initially covering four prefectures and subsequently expanded to ten prefectures by late-May. In response to local government requests, operating hours were shortened at Aeon Malls and other facilities in the affected areas and specialty stores selling products other than daily necessities were temporarily closed. Meanwhile, General Merchandise Store Business, Supermarket Business, and Health and Wellness Business companies continued to operate while implementing thorough infectious disease control measures in order to continue providing daily necessities to local residents and meet stay-at-home demand.
At General Merchandise Store Business company, AEON Retail, same-store food products section sales exceeded results for both May 2020 and May 2019. This was due to efforts to respond to increased stay-at-home demand as people increasingly refrained from outings. Agricultural and marine food product sales and liquor sales were up approximately 10% compared with May 2019 (prior to COVID-19), and delicatessen category sales were also up approximately 10% compared with May 2020. Same-storenon-food product sales also grew despite the lingering impact of COVID-19 on outings-related products. Hobby and Sporsium category product sales grew by approximately 20% and 40% respectively compared with May 2019, with the expansion of newly emerging demand due to COVID-19. In 2001, Aeon released a series of schoolbags in 24 different colors, becoming the first in the industry in Japan to sell schoolbags in such a wide range of colors (schoolbags were traditionally available in red or black only). Aeon has continued to enhance and expand its schoolbag range, including the introduction of lightweight schoolbags with cases for tablets in response to the rapid increase in the number of elementary schools that now use tablet devices in class. The schoolbag range has been extremely well received with same-store sales up more than 200% compared with May 2020 and up more than 40% compared with 2019.
Supermarket Business companies each also achieved same-store sales that generally exceeded those for May 2019 by capturing dine-in demand, despite the impact on sales compared with May 2020 due to the absence of the year-earlierCOVID-19-related sales boost.
Health & Wellness Business company Welcia Holdings' same-store prescription drug sales were up by double digits compared with May 2020, and sales of goods also returned to year-on-year growth for the first time in three months.
Services and Specialty Store Business companies' results are still below the levels of May 2019 (prior to COVID-19), due partly to impact of the states of emergency, but same-store sales were up compared with May 2020, due in part to the absence of the year-earlier nationwide restrictions placed on business activities.
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.
※Figures above are based on each company's disclosure policy.
※1. Maxvalu Nishinihon Co., Ltd. was merged with marunaka CO., LTD. and SANYO MARUNAKA CO., Ltd. on 1st March 2021. ※2. AEON Kyushu Co., Ltd. was merged with Maxvalu Kyushu Co., Ltd. on 1st September 2020.