Today the business of the Company has expanded to include issuance of Credit Cards, Easy Payment schemes, Personal Finance schemes and other services. The Company currently has 3 Regional Offices, 31 branches and Service Centres located in major shopping centres and towns and a network of more than 4,300 participating merchant outlets nationwide. AEON Credit believes in working closely with its business partners to provide consumer financing products and services which meet customer needs. The Company currently has more than 720,000 cardmembers for the various products and more than 1,500 staff in service with the Company.
AEON Credit is a subsidiary of ÆON Credit Service Co. Ltd, Japan (ÆON Credit Japan), which is listed on the First Section of the Tokyo Stock Exchange. ÆON Credit Japan is mainly involved in the issuance of credit cards, and it currently has more than 18.08 million card members in Japan. It is one of the biggest credit card issuers and a leading consumer credit provider in Japan.
ÆON Credit Japan is in turn part of the ÆON group of companies (ÆON Group), a global retail and financial services group. ÆON Group consists of more than 150 subsidiaries and affiliated companies. ÆON Group operates not only in Japan but also in Southeast Asia, China and North America. The fundamental principle of ÆON is its “customercentered approach.” ÆON’s mission is to contribute to customers.
ÆON’s most basic and abiding principles are the pursuit of peace, respect for humanity, and contribution to local communities through customercentered initiatives. Under these principles, we are determined to achieve global management standards.
All companies under the ÆON Group are guided by the unchanging ‘Customer First’ philosophy. Its aim is to surpass expectations by combining excellent products with unique personal services.
AEON Credit should able to sustain current pace of growth in next few years.Both revenue and profit increase ~28% in FY12. The estimated EPS for FY12 80sen and final dividend will be ~17.55sen.
The 4th quarter result will be coming out in 20th April.
20 May - Updated FY12 result
