EMBRACING

NEW RETAIL

ANNUAL REPORT 2020

CHAIRMAN'S STATEMENT

DATUK ISKANDAR BIN SARUDIN

Chairman

The various challenges faced during the financial year served as catalysts for AEON to quantum leap our digital journey.

REVENUE

0 %
RM 0 billion

2019: RM4.539 billion

OPERATING PROFIT

0 %
RM 0 million

2019: RM358.7 million

sustainability statement

AEON’s approach to ensure continuous sustainability is based upon the Economic, Environmental and Social (“EES”) areas coexisting with the Company’s corporate governance framework, its organisational culture and long-term value to relevant stakeholders.

PEOPLE

AEON respects human dignity and values personal relationships, caring for the wellbeing of its employees, customers, business partners and communities.

PLANET

AEON is committed to protecting the environment, biodiversity and ecosystems.

PEACE

AEON’s business operations are focused on achieving peace through prosperity and the beauty of sharing.

MANAGEMENT DISCUSSION & ANALYSIS

Incorporated on 15 September 1984, AEON CO. (M) BHD. (“AEON” or the “Company”) is a leading retailer in Malaysia and is regarded as one of the country’s top Departmental Store for ease of Malaysian contextualisation, supermarkets and mall retail brands.

Segmental revenue

85%

15%

Retailing

RM 0 billion

FY2019: RM3.832 billion

Property Management Services

RM 0 million

FY2019: RM706.6 million

Shafie bin Shamsuddin

Managing Director/Chief Executive Officer

Technology, digitalisation and innovation will be game changers for AEON going forward. Engine 2.0 entails greater expansion into the high-potential e-commerce industry, and the further development of AEON’s digital marketplace”.

about

WE ENRICH PEOPLE’S LIVES BY PROVIDING Quality PRODUCTS AND SERVICES THAT OUR CUSTOMERS APPRECIATE AND DEPEND ON.

our Philosophy

Customer First

The AEON Group of Companies is an integrated Japanese retailer in Japan, ASEAN and China. At all times, in every market, AEON’s activities are guided by its unchanging ‘Customer First’ philosophy. Its aim is to surpass expectations by combining excellent products with unique personal services that enhance the shopping experience to make customers smile every time they shop.

OUR STRENGTH (As at 16 April 2021)

AEON MALL

0

AEON store

0

AEON MAXVALU/ MAXVALU PRIME

0

AEON EMPLOYEES

0 +

AEON TENANTS

0

AEON WELLNESS

0

DAISO

0

Total outlets in malaysia

0

SUPPLIERS AND BUSINESS PARTNERS

0

FY2020 GROSS SALES

RM 0

BILLION

five-year financial highlights

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