Company background
Aeon Co. (M) Berhad. The Company's principal activity is operating chain of superstores selling clothing, food, household goods and other merchandise. Other activity is property management services. Operations are carried out principally in Malaysia.
- After a 28-year presence in Malaysia under its JUSCO stores brand, the third largest retailer in the country has decided to change and rebrand into AEON, which means "eternity" in Latin. It has also adopted a new tagline, "AEON Enriching Your Lifestyle". It replaces JUSCO, under which its stores have been operating since AEON Japan Ltd arrived here in 1984 at the invitation of the Malaysian Government.
- AEON Japan is the owner of the largest retail chain stores in Japan.
- All the JUSCO signages and pylon signages will be replaced in phases during the two-year rebranding exercise, it said.It said the J CARD holders will have their cards upgraded to the new AEON Member Card that will retain some of the previous J CARD benefits plus some new ones.
- "The dynamic new brand name and logo is part of the company’s strategy to enhance its profile as a leading retailer in Malaysia," said AEON Malaysia's chairman, Datuk Abdullah Mohd Yusof. AEON Malaysia said in line with its rebranding exercise, it will be organising a press launch, series of campaign posters, TV commercials, radio contest, customer engagement activities and special merchandise.
http://www.btimes.com.my/articles/20120309190157/Article/ (Mar.2012 - FY2012)
- AEON Japan is the owner of the largest retail chain stores in Japan.
- All the JUSCO signages and pylon signages will be replaced in phases during the two-year rebranding exercise, it said.It said the J CARD holders will have their cards upgraded to the new AEON Member Card that will retain some of the previous J CARD benefits plus some new ones.
- "The dynamic new brand name and logo is part of the company’s strategy to enhance its profile as a leading retailer in Malaysia," said AEON Malaysia's chairman, Datuk Abdullah Mohd Yusof. AEON Malaysia said in line with its rebranding exercise, it will be organising a press launch, series of campaign posters, TV commercials, radio contest, customer engagement activities and special merchandise.
http://www.btimes.com.my/articles/20120309190157/Article/ (Mar.2012 - FY2012)
Management
-永旺主席拿督阿都拉莫哈末尤索夫在昨日出席了股东常年大会后，于记者招待会上披露，该公司正在探讨全新的零售方式，以及计划将业务拓展至沙巴、砂拉越以及东协国家。他指出，尽管这是该公司的增长策略之一，可是在执行计划时，应该会遇到挑战。他说：“虽然我们热衷于追求规模较小的店铺和邻近购物中心的计划，可是要寻找合适的地点和得到政府批准，是有一定的困难。“那些经营一般商品商店（GMS）的日子是艰苦的，但是规模较小的格式可能会有效。”
http://nanyang.com.my/node/282322?tid=702.. (May.2010 - FY2010)
- 永旺亦計劃在2020年以前，將國內的永旺購物中心數量從現有的27家增至100家。尾山長久指出，公司希望在2020年以前，成為亞洲頂尖的零售業者，並在此區域達到450億令吉銷售量。因此，永旺將在大馬設總部加強市場地位，並在2013年將業務拓展至越南，2014年進軍印尼和柬埔寨。(Not achievable???)
http://www.chinapress.com.my/print/219908 (May.2011 - FY2011)
- 永旺東盟區首席執行員尾山長久披露，永旺東盟放眼成為東盟區加印度的零售業三甲；不包括印度在內，東盟區常年營業額放眼450億令吉，2013與2014年越南、印度、柬埔寨超級市場將投入服務。
- 取代尾山長久出任永旺董事經理職的周瑪莉，也在股東大會與董事會議後表示，除了放眼在營業額、市佔率儘快成為大馬首屈一指購物商場，也能在商場管理、購物體驗帶來創意和素質，同時營造創意幹練人力資本、商業伙伴，帶來永續發展。
- 永旺今日委任原任執行董事周瑪莉出任董事經理職，另委49歲的裴榮裕與50歲的中田滿出任執行董事職。51歲的周瑪莉，是取代尾山長久遺下空缺。她於1985年從八打靈再也敦依斯邁花園佳世客執行員做起，先後擔任總部行政經理、營運總經理、商品高級總經理、商場營運高級總經理多職，經驗豐富。配合上述重組，現年56歲的尾山長久，受委為東盟區首席執行員兼副總裁，亦是永旺大馬副主席，負責印尼、柬埔寨、越南、寮國、印度等業務。尾山長久也擔任非獨立非執行董事。
http://biz.sinchew.com.my/node/47714?tid=6 (May.2011 - FY2011)
- 另一廂，她說，永旺已夥同香港樂清公司（Duskin Hong Kong），于萬達廣場佳世客（Jusco），開設我國首間甜甜圈先生（Mister Donut）分行。諾卡麗娜透露，上述甜甜圈先生將陸續在永旺購物商場出現。“我們放眼，未來10年將在我國，開設至少100間甜甜圈專賣店，成為業界領先業者，每間店面投資額約為50萬令吉。”（不是很乐观，没有扩展迹象）
http://www.chinapress.com.my/node/245126 (Aug.2011 - FY2011)
- 日本佳世客購物商場營運業者永旺（AEON，6599，主要板貿易）計劃在2015年前在大馬增設5至8個購物商場。
- 他透露，日本佳士客目前正和大馬政府洽商，計劃在我國開設如同7-11便利商店規模的迷你商店概念店（Mini Store concept stores）。 他指出，希望能在年底（2012）前于大馬開設首家迷你商店，公司亦正在探討未來是否要以特許經營方式經營迷你商店。
http://www.chinapress.com.my/node/285181 (Jan.2012 - FY2012)
- 執行董事中田滿說，胡志明市與金邊將是永旺先擴展的地區，大約可於2014年了結擴展區域心願。
http://biz.sinchew.com.my/node/57866 (Mar.2012 - FY2012)
- On whether there will be any openings next year, Nur Qamarina said: "Our target is to open at least two stores per year and we will announce it in due course."
http://www.btimes.com.my/Current ... es/agmaeon/Article/ (May.2012 - FY2012)
- Aeon Mall Co Ltd, which aims to become the No. 1 retail group in Asia, plans to set up 43 new malls by 2020, its ASEAN Division, Executive General Manager, Director, Akifumi Nakamura said. The Japan-based company will build 20 malls in Vietnam, 19 malls in Indonesia and four malls in Cambodia, he said, but declined to reveal the cost of investment.
http://www.btimes.com.my/Current ... /Article/index_html (Sept.2012 - FY2012)
消費稅預定2015年4月1日開始實行，針對這項新措施，周瑪莉表示其影響廣泛，不過永旺會學習日本母公司過去幾年的經驗，提前準備就緒，確保與業務夥伴之間的運作維持順利。她認為，實行消費稅各具好處及挑戰性，尤其是零售業者，不僅要管理這些挑戰，還需考量業務夥伴及顧客感受，提前預設即將面對的狀況，再與業務夥伴共同演變進化。
她說，市場變化如燃油、電費調漲等趨勢是大環境難以逃避的現實問題，可是這些成本都可通過能源節約減輕，目前零售業面對最大的挑戰是市場變化速度加快、人力資源及競爭問題。不過對於未來零售市場競爭劇烈的情況，她將坦言面對，因為這會是推動公司更創意及求進步的“苦口良藥”，讓永旺從競爭中學習，變得更好、更具競爭力。“沒有競爭會讓我們渾身不自在，因為這將無法激發潛能及發掘新機會，讓業者不斷的從競爭中成長，就像永不眠休的曼谷城市一樣，零售業也是一個永不言休的領域，只有不停創造獨特體驗，才能留住顧客。”
http://biz.sinchew.com.my/node/89065 Jan.2014 - FY2014
- 尽管大股东抛售股权，导致永旺（AEON，6599，主板贸服股）的股价从去年5月份高峰期滑落了32%，但券商相信，必需品销售额与租金将有助于支撑其盈利增长。
- “该公司的股价暴跌，主要是估值过高（高峰期为22倍本益比），以及投资者担忧政府减少补贴后，消费者开支整体会放缓。“这导致该公司的大股东雇员公积金局（EPF）与Aberdeen资产管理公司，相继削减持股权。” 去年5月，Aberdeen资产管理持有永旺的22.5%股权（高峰期），目前已降低至20.3%。雇员公积金局的持股权，则从去年1月份高峰期11.3%，减持至目前的9.1%。分析员指出，在食品、汽油与公用事业价格上涨，以及过路费可能调高等大环境下，导致消费者更加谨慎，并减少开支。
http://www.nanyang.com/node/597806?tid=462 Feb.2014 - FY2014
永旺集团执行董事裴荣裕在接受《彭博社》专访时表示，竞爭以及消费模式的变化促使他们必须做出改变。「国內零售业务的竞爭其实非常激烈。在过去一年，零售面积显著增加，而且预计在未来两至三年內会进一步增加。」
裴荣裕认为，只有当公司获得授权扩展业务至国外，相信才会为市场带来惊喜。
http://www.orientaldaily.com.my/index.php?option=com_k2&view=item&id=123762:&Itemid=198 June.2014 - FY2014
裴榮裕說：“市場競爭相當激烈，尤其是霸級市場領域。當你在看報紙時，你會看到許多削價戰。我們可以一直保持至今，可說相當不容易。”
http://www.chinapress.com.my/node/537896 June.2014 - FY2014
永旺（AEON,6599,主板貿服組）希望可在2015年的7月之前，從大山腳新的購物商場賺取1億令吉的營業額。
永旺董事經理周瑪莉表示，從當地的發展及房屋密度來看這目標是可實現的。
“從我們的研究中表示大山腳是大馬第二高收入的地方。每週末，每天我們都可以在這裡看到很多的人潮。”http://biz.sinchew.com.my/node/98875?tid=6 July.2014 - FY2014
Operation/Business
(Maybank IB April2012 - FY2012)
- “我们相信管理层也相当乐观看待马六甲2购物广场的表现，并放眼可取得介于1亿5000万至2亿令吉的按年销售额。”
http://nanyang.com.my/node/282322?tid=702.. (May.2010 - FY2010)
- Seal subsidiary Seal Lifestyle Development Sdn Bhd has agreed to lease out its shopping centre building together with car parks in Bayan City, Bayan Baru in Penang, to AEON Co (M) Bhd. Seal Lifestyle will rebuild the property according to the design and specifications of AEON, for a total development cost of RM146 million.
- The Bayan Baru mall will expand AEON’s mall portfolio to 24. In addition to Queensbay mall, this will beAEON’s second mall in Bayan Lepas and third in Penang. Bayan Baru is a satellite township located in Bayan Lepas.
- The shift in population south, out of George Town (18km from Bayan Baru) and towards Bayan Baru and its immediate neighbourhoods, has benefitted the township.
- Although there are already two major shopping complexes in Bayan Baru — Sunshine Square (452,000 sq ft) and Bukit Jambul Shopping Complex (999,604 sq ft) — we believe AEON mall will stand out given that it is a well-known name in Malaysia and will be the most modern and newest mall in the township. We believe there would be minimal cannibalisation risk given the high population density of 1,538.8/km2 in Penang vis-a-vis 651.1/km2 in Selangor, where the group has 14 malls in total.
http://thinkproperty.my/realestate/news/aeon-co-to-lease-new-mall.html (Sept.2010 -FY2010)
- 永旺大馬目前有27間以“佳世客”（JUSCO）為品牌的購物中心，總投資達3億令吉的萬撓與怡保第二間購物中心，預料2012年投入運作，並從2013財政年起積極作出貢獻。永旺大馬年營業額，由於過去6年的10億令吉增長至30億令吉，在馬市佔率達4%。永旺目前在日本設總部，北京設東亞總部，而吉隆坡是其東盟總部，在亞洲排名第一，全球排名20。
- 尾山長久說，擴展海外業務至印尼、越南、柬埔寨或寮國等國時，永旺東盟、永旺總部與有關營運國家方面將持51%多數股權。
http://biz.sinchew.com.my/node/47714?tid=6 (May.2011 - FY2011)
- 永旺萬達鎮已成功獲四海棧續約，租約為9年，每3年檢討一次。
http://biz.sinchew.com.my/node/47714?tid=6 (May.2011 - FY2011)
- Aeon said on Tuesday, June 14 that it had initiated a legal proceeding in the High Court of Malaya, Kuala Lumpur over material breaches in the agreement with D’Aseania Mall. To recap, Aeon had inked a lease and infrastructure agreement with D’Aseania Mall on Feb 17, 2006 where the latter, as the lessor, was to build the shopping centre.
- Under the agreement, D’Aseania Mall was to build the complex according to the specifications and designs of AEON and lease the entire Complex to Aeon. The complex was handed over to Aeon upon completion of the CONSTRUCTION [] and Aeon started operations on Aug 22, 2008.
http://sg.news.yahoo.com/aeon-co-sues-aseania-development-nominee-rm10m-105646470.html (June.2011 - FY2011)
- AEON Co. Bhd will operate its department store and supermarket at the 1 1 Utama Shopping Centre in Petaling Jaya after it withdrew its suit against Bandar Utama City Sdn Bhd (BUC).
- “Both parties have resolved the same amicably by entering into a tenancy agreement on June 23, 2011 to enable AEON to operate its department store cum supermarket at 1 Utama Shopping centre,” it said.
- “Both parties have resolved the same amicably by entering into a tenancy agreement on June 23, 2011 to enable AEON to operate its department store cum supermarket at 1 Utama Shopping centre,” it said.
- To recap, in the May 25 statement, it said the lease agreement dated Oct 18, 1995 between the company and BUC had expired on Aug 18, 2010.AEON had handed over the operation of 1 Utama Shopping Centre to BUC on Aug 18, 2010 while the company has obtained an injunction from the court, among others, to continue to operate its department store cum supermarket at the shopping centre after Aug 18, 2010.
http://sg.news.yahoo.com/aeon-operate-store-1-utama-withdrawing-suit-105651557.html (July.2011 - FY2011)
指出，該公司早前對D’Aseania購物中心私人有限公司採取法律行動包括索取欠款，後者已向該公司進行反訴訟。該公司發表文告指出，D’ Aseania購物中心是於7月13日，向該公司進行反訴訟，以向該公司索取總共約3千607萬8千441.11令吉的款項。
http://biz.sinchew.com.my/node/49556 (July.2011 - FY2011)
至於永旺則計劃投資2億令吉在雪州萬撓承建新商場，成為國內的第28家商場，料從2012財政年起作出盈利貢獻。一般上每家商場每年可帶來1億3千萬令吉營業額。
http://biz.sinchew.com.my/node/50586 (Aug.2011 - FY2011)
永旺(Aeon Co)预期其一家刚迁至吉隆坡1 Utama购物中心的佳世客(Jusco)将取得比搬迁前来得高的销售。佳世客投资了5,500万令吉于装修工程，并料将在四年半内回本。在搬迁后，公司成为1 Utama的租户，而非商场营运业者，因此它将失去10%的产业管理收入。另外，公司取得了美国甜甜圈连锁店Mister Donut的特许经营权，并借此首次把业务拓展至其他领域。
http://www.sharesinv.com/zh/articles/25418/ (Aug.2011 - FY2011)
- 今日舉行重新開張儀式的萬達廣場的佳世客，永旺（AEON，6599，主要板貿易）透露共斥資5500萬令吉裝修。該公司董事經理諾卡麗娜指出，公司雖每隔幾年就會針對旗下商場進行提升，但近來積極再塑計劃，是為配合新形象。“我們致力推動旗下購物廣場走向現代化，單是萬達廣場的佳世客即耗時逾1年裝修。”永旺計劃年底在萬撓增設新購物商場，至于怡保則放眼明年次季開幕。諾卡麗娜指出，公司已在吉打雙溪大年及檳城大山腳，新購2塊土地，以備拓展業務所需。
- 另一廂，她說，永旺已夥同香港樂清公司（Duskin Hong Kong），于萬達廣場佳世客（Jusco），開設我國首間甜甜圈先生（Mister Donut）分行。諾卡麗娜透露，上述甜甜圈先生將陸續在永旺購物商場出現。“我們放眼，未來10年將在我國，開設至少100間甜甜圈專賣店，成為業界領先業者，每間店面投資額約為50萬令吉。”
http://www.chinapress.com.my/node/245126 (Aug.2011 - FY2011)
- The group achieved a 4Q11 revenue growth of 9% YoY and 11% QoQ in the retail segment, as a result of the first full quarter’s contribution from the reopened Jusco Bandar Utama, together with a higher number of discount days and loyalty members’ sales days in that quarter itself. To recap, the 15-year management agreement for the 2m sq ft old wing of the 1Utama Shopping Complex ended in Aug 2011. Operating profit of RM108m for the segment (net of unallocated expenses of RM18m) surged 48% YoY.
(Maybank IB Feb2012 - FY2011)
- AEON現財政年料將投入3億5000萬令吉作為資本開銷，以作開設分店用途。同時，該集團在怡保和斯里曼絨的分店料將在今年內開張營運，促使其在大馬的分店數額上升至26家。
http://www2.orientaldaily.com.my … EZX0NyI3qo30Zk192ts (Mar.2012 - FY2012)
Aeon has 19 shopping centres and 24 department stores, located mostly in shopping centres, and four MaxValu retail outlets, all located in Peninsular Malaysia.
至於永旺則計劃投資2億令吉在雪州萬撓承建新商場，成為國內的第28家商場，料從2012財政年起作出盈利貢獻。一般上每家商場每年可帶來1億3千萬令吉營業額。
http://biz.sinchew.com.my/node/50586 (Aug.2011 - FY2011)
永旺(Aeon Co)预期其一家刚迁至吉隆坡1 Utama购物中心的佳世客(Jusco)将取得比搬迁前来得高的销售。佳世客投资了5,500万令吉于装修工程，并料将在四年半内回本。在搬迁后，公司成为1 Utama的租户，而非商场营运业者，因此它将失去10%的产业管理收入。另外，公司取得了美国甜甜圈连锁店Mister Donut的特许经营权，并借此首次把业务拓展至其他领域。
http://www.sharesinv.com/zh/articles/25418/ (Aug.2011 - FY2011)
- 今日舉行重新開張儀式的萬達廣場的佳世客，永旺（AEON，6599，主要板貿易）透露共斥資5500萬令吉裝修。該公司董事經理諾卡麗娜指出，公司雖每隔幾年就會針對旗下商場進行提升，但近來積極再塑計劃，是為配合新形象。“我們致力推動旗下購物廣場走向現代化，單是萬達廣場的佳世客即耗時逾1年裝修。”永旺計劃年底在萬撓增設新購物商場，至于怡保則放眼明年次季開幕。諾卡麗娜指出，公司已在吉打雙溪大年及檳城大山腳，新購2塊土地，以備拓展業務所需。
- 另一廂，她說，永旺已夥同香港樂清公司（Duskin Hong Kong），于萬達廣場佳世客（Jusco），開設我國首間甜甜圈先生（Mister Donut）分行。諾卡麗娜透露，上述甜甜圈先生將陸續在永旺購物商場出現。“我們放眼，未來10年將在我國，開設至少100間甜甜圈專賣店，成為業界領先業者，每間店面投資額約為50萬令吉。”
http://www.chinapress.com.my/node/245126 (Aug.2011 - FY2011)
- The group achieved a 4Q11 revenue growth of 9% YoY and 11% QoQ in the retail segment, as a result of the first full quarter’s contribution from the reopened Jusco Bandar Utama, together with a higher number of discount days and loyalty members’ sales days in that quarter itself. To recap, the 15-year management agreement for the 2m sq ft old wing of the 1Utama Shopping Complex ended in Aug 2011. Operating profit of RM108m for the segment (net of unallocated expenses of RM18m) surged 48% YoY.
(Maybank IB Feb2012 - FY2011)
- AEON現財政年料將投入3億5000萬令吉作為資本開銷，以作開設分店用途。同時，該集團在怡保和斯里曼絨的分店料將在今年內開張營運，促使其在大馬的分店數額上升至26家。
http://www2.orientaldaily.com.my … EZX0NyI3qo30Zk192ts (Mar.2012 - FY2012)
Aeon has 19 shopping centres and 24 department stores, located mostly in shopping centres, and four MaxValu retail outlets, all located in Peninsular Malaysia.
http://www.btimes.com.my/Current ... _html#ixzz1oaxSIpjG (Mar.2012 - FY2012)
另外，管理層強調，政府落實最低薪酬制不會影響公司，主要是支付的薪酬已較最低薪酬水平高。儘管如此，肯納格估計，員工成本佔該公司整體營運成本8%，因此，最低薪酬制仍將向該公司施壓，但不至於造成實質影響。
http://biz.sinchew.com.my/node/57884?tid=18 (Mar.2012 - FY2012)
- 管理层预计，2012財政年同店销售成长约4%，较兴业预测的2至3%高，在国內经济稳健下，兴业相信管理层目標可期，同时预见100万佳世客会员卡持有人（每年增长6至7%）將支撑营业额成长。
http://biz.sinchew.com.my/node/59159 (April.2012 - FY2012)
AEON, on the other hand, has been in the mall management business for some time now and currently manages 20 shopping complexes, all of which are in the west coast of Peninsular Malaysia. Contributions from the mall management segment made up 46% of the group’s total operating profit in FY11.
(Maybank IB April2012 - FY2012)
- 另一方面，永旺集团执行董事裴荣裕在隨后的记者会上指出，每年旧店翻修的开销为8000万至1亿令吉，而每间新分行则需投入1.5亿至2亿令吉。
-「顺应消费者生活习惯变迁，一家分店需每隔5年进行翻修。」该公司董事经理周玛莉则表示，会维持「一年不超过两家新店」的拓展步伐。同时，周玛莉预计，將会在3至5年內开拓仍未涉足的东海岸与东马市场。
http://www.orientaldaily.com.my/index.php?option=com_k2&view=item&id=10063:&Itemid=198 (May.2012 - FY2012)
該公司向馬證交報備，由于部分條件不符，已在今日終止該項于2009年2月擬定的土地買賣合約。文告指出，原定總值1億722萬令吉協議中，該公司冀以2722萬令吉收購6.25畝或27萬2250平方尺土地，並以8000萬令吉收購1間購物中心。“該土地業者為吉隆坡市政局，由德威打昔公司建造及售賣已建竣單位，該城鎮名為皇后鎮（Bandar Sri Permaisuri）。”
http://cnews.cari.com.my/news.php?id=250596 (July.2012 -FY2012)
- Aeon(Parent company), which has overseas operations in mainland China, Hong Kong and Thailand, plans to open stores in Indonesia, Vietnam and Cambodia, Nikkei said. - Reuters
http://biz.thestar.com.my/news/s ... 80&sec=business (Oct.2012 - FY2012)
- 不過該行預見未來業務環境更具挑戰性，料下財政年同店銷售將維持在3%。“新分行8至9%的同店銷售成長，料減緩舊分行每年少於1%的低同店銷售成長。＂
- 永旺於12月4日在Sri Manjung開設面積44萬7千平方呎的購物商場，並計劃在2013和2014財政年，分別在古來、大山腳及雙溪大年開設購物中心。
- 為了從新競爭者手中爭取更多租戶組合，該公司已計劃為兩家購物商場裝修，AU2購物商場放眼在2013年第二季完成，而武吉拉惹則在2013財政年開始。“過往紀錄顯示，上述分行裝修後將正面貢獻該公司未來盈利。＂
- 該行表示，2013財政年只有一家購物商場開張，相信資本開銷不大，不過因2014至2015財政年有2至3間新分行開張，每年約花費4億令吉，加上兩家購物商場的4千萬裝修費，料導致資本開銷走高。
http://biz.sinchew.com.my/node/68365 (Dec.2012 - FY2012)
- 永旺拟为今年下半年开张的柔佛古来新购物中心，斥资3亿令吉。根据《The Edge》财经日报报道，永旺董事经理周玛莉昨天出席一场典礼后，说：“这得视投资模式而定，可能小规模1500万令吉，也可能扩大至3亿令吉”。
http://www.nanyang.com/node/510253 (Feb.2013 - FY2013)
- 阿都拉亦指出，國內零售業仍持續成長，尤其是食品等必需品的需求日益高漲，非必需性消費需求則隨著收入增加，前景保持亮眼。“國內零售市場規模仍非常龐大，若以營業額計算，每年市值高達830億令吉，目前單單是永旺，僅佔32億令吉分額，可擴展成長的空間仍非常大。” 同時列席記者會的董事經理周瑪莉補充，永旺在國內市場排名第3，若加上剛收購的大永旺（AEON Big）市佔率將晉升至第2大，未來希望可升至市場第1位。
- 她指出，公司每年皆爭取為2間至3間購物商場整修，明年將動工的包括新山Tebrau City、蒲種鎮及雙威城。
- 永旺亦將業務擴展至其他方面，包括引進日本大創Daiso百圓商店，分店已多達10間。“目前在百圓商店業內共有3大主要業者，公司已讓大創走出永旺旗下的購物商場，冀未來設更多分店，奪市場第1寶座。”
http://www.chinapress.com.my/node/424570 (May.2013 - FY2013)
- 該公司主席阿都拉尤索夫在股東大會後表示，產托化還不是時候，母公司還在計劃當中，並強調公司不會被產托化，但不排除大馬的產業會涉入其中。
- 他指出，由於產托化計劃涉及大馬、越南、泰國及香港區域市場，他拒絕透露更多詳情。
- 去年6月，永旺日本母公司宣佈可能會在日本或海外設立產托，藉以集資拓展與併購用途。
- 至於拓展計劃，該公司計劃下半年在柔佛古來開設一家新零售購物中心及裝修現有分行，資本開銷至少3億5千萬令吉，其中2億4千萬令作為開設新購物中心經費，另外1億2千萬令吉為裝修費用。
http://biz.sinchew.com.my/node/75437 (May.2013 - FY2013)
- 目前全国共有26间永旺分店，其中21间坐落于该公司管理的广场内。它拥有21间广场中的11间，及向第三团体租赁其余10间。大马永旺也是其中5间第三团体管理广场的主要租户，如嘉德大马信托旗下槟城皇后湾广场。大马永旺也拥有4间MaxValue超级市场分行，后者拥有不同的零售模式，它将引入便利商店模式进入住宅区，如吉隆坡的迪沙城市园。
http://www.kwongwah.com.my/news/2013/07/07/93.html (July.2013 - FY2013)
- AEON will take a lease on J-REIT’s share of the property with a monthly rent of MYR117.5k to continue using the whole property for a period of 10 years. The rental rate will be adjusted once every three years. The company will be appointed as J-REIT’s shopping centre business manager to operate and maintain the property.
- Upon completion of the deal, AEON will have an additional one-off gain of MYR15m in FY14.
- We are tweaking our FY14 earnings lower by 0.4%, after imputing the higher rental expenses of MYR1.4m payable to J-REIT. The MYR15m gain is not reflected in our numbers since it is a non-recurring income.
(OSK IB Research Oct.13 - FY2013)
根据年报，该公司2013財政年总资本开销为5亿2552万3000令吉。其中零售业务和物业管理服务，分別佔9995万令吉和4亿2552万3000令吉。
周玛莉指出，9995万令吉资本开销不只是用于今年的扩展计划，而是包括未来两年，永旺集团在2014年將开设另外3家分行，分別位於檳城大山脚（BukitMertajam）、怡保佳邦（Klebang）和太平地区，以及2家旗下连锁超市--MaxValu。另外，永旺集团也在古晋和亚庇购买地库，作为未来扩展用途。
周玛莉指出，永旺集团將继续进行翻新工程，以提升现有门店和购物中心，同时可以保持零售市场的竞爭力，並继续为顾客提供优质的享受。她指出，大马零售市场目前倾向多元化，包括逛街、休閒、娱乐等集一身，因此永旺集团计划把电影院带入翻新计划中，这样可以提升商场形象，也能带来更完善的娱乐设施。
http://www.orientaldaily.com.my/index.php?option=com_k2&view=item&id=116731:&Itemid=198 May.2014 - FY2014
食品佔永旺營業額的45%，紡織品佔36%，硬體產品為19%，營業額成長方面，食品取得高單位數成長，硬體產品中單位數成長，紡織品成長在低單位數。
http://biz.sinchew.com.my/node/102107?tid=18 Sept.2014 - FY2014
Property Management Services segment’s FY14 operating profit grew 24.5% YoY to MYR218.0m, supported by higher contribution from new stores and higher rental from certain tenants.
However, this was offset by a 31% YoY decline in operating profit from the Retailing segment due to: 1) higher costs from new outlet openings, 2) weaker sales mix, 3) higher A&P expenses; and 4) higher operating costs.
(Maybank IB Research Feb.15 - FY2014)
Growth/Strategy另外，管理層強調，政府落實最低薪酬制不會影響公司，主要是支付的薪酬已較最低薪酬水平高。儘管如此，肯納格估計，員工成本佔該公司整體營運成本8%，因此，最低薪酬制仍將向該公司施壓，但不至於造成實質影響。
http://biz.sinchew.com.my/node/57884?tid=18 (Mar.2012 - FY2012)
- 管理层预计，2012財政年同店销售成长约4%，较兴业预测的2至3%高，在国內经济稳健下，兴业相信管理层目標可期，同时预见100万佳世客会员卡持有人（每年增长6至7%）將支撑营业额成长。
http://biz.sinchew.com.my/node/59159 (April.2012 - FY2012)
AEON, on the other hand, has been in the mall management business for some time now and currently manages 20 shopping complexes, all of which are in the west coast of Peninsular Malaysia. Contributions from the mall management segment made up 46% of the group’s total operating profit in FY11.
(Maybank IB April2012 - FY2012)
- 另一方面，永旺集团执行董事裴荣裕在隨后的记者会上指出，每年旧店翻修的开销为8000万至1亿令吉，而每间新分行则需投入1.5亿至2亿令吉。
-「顺应消费者生活习惯变迁，一家分店需每隔5年进行翻修。」该公司董事经理周玛莉则表示，会维持「一年不超过两家新店」的拓展步伐。同时，周玛莉预计，將会在3至5年內开拓仍未涉足的东海岸与东马市场。
http://www.orientaldaily.com.my/index.php?option=com_k2&view=item&id=10063:&Itemid=198 (May.2012 - FY2012)
該公司向馬證交報備，由于部分條件不符，已在今日終止該項于2009年2月擬定的土地買賣合約。文告指出，原定總值1億722萬令吉協議中，該公司冀以2722萬令吉收購6.25畝或27萬2250平方尺土地，並以8000萬令吉收購1間購物中心。“該土地業者為吉隆坡市政局，由德威打昔公司建造及售賣已建竣單位，該城鎮名為皇后鎮（Bandar Sri Permaisuri）。”
http://cnews.cari.com.my/news.php?id=250596 (July.2012 -FY2012)
- Aeon(Parent company), which has overseas operations in mainland China, Hong Kong and Thailand, plans to open stores in Indonesia, Vietnam and Cambodia, Nikkei said. - Reuters
http://biz.thestar.com.my/news/s ... 80&sec=business (Oct.2012 - FY2012)
- 不過該行預見未來業務環境更具挑戰性，料下財政年同店銷售將維持在3%。“新分行8至9%的同店銷售成長，料減緩舊分行每年少於1%的低同店銷售成長。＂
- 永旺於12月4日在Sri Manjung開設面積44萬7千平方呎的購物商場，並計劃在2013和2014財政年，分別在古來、大山腳及雙溪大年開設購物中心。
- 為了從新競爭者手中爭取更多租戶組合，該公司已計劃為兩家購物商場裝修，AU2購物商場放眼在2013年第二季完成，而武吉拉惹則在2013財政年開始。“過往紀錄顯示，上述分行裝修後將正面貢獻該公司未來盈利。＂
- 該行表示，2013財政年只有一家購物商場開張，相信資本開銷不大，不過因2014至2015財政年有2至3間新分行開張，每年約花費4億令吉，加上兩家購物商場的4千萬裝修費，料導致資本開銷走高。
http://biz.sinchew.com.my/node/68365 (Dec.2012 - FY2012)
- 永旺拟为今年下半年开张的柔佛古来新购物中心，斥资3亿令吉。根据《The Edge》财经日报报道，永旺董事经理周玛莉昨天出席一场典礼后，说：“这得视投资模式而定，可能小规模1500万令吉，也可能扩大至3亿令吉”。
http://www.nanyang.com/node/510253 (Feb.2013 - FY2013)
- 阿都拉亦指出，國內零售業仍持續成長，尤其是食品等必需品的需求日益高漲，非必需性消費需求則隨著收入增加，前景保持亮眼。“國內零售市場規模仍非常龐大，若以營業額計算，每年市值高達830億令吉，目前單單是永旺，僅佔32億令吉分額，可擴展成長的空間仍非常大。” 同時列席記者會的董事經理周瑪莉補充，永旺在國內市場排名第3，若加上剛收購的大永旺（AEON Big）市佔率將晉升至第2大，未來希望可升至市場第1位。
- 她指出，公司每年皆爭取為2間至3間購物商場整修，明年將動工的包括新山Tebrau City、蒲種鎮及雙威城。
- 永旺亦將業務擴展至其他方面，包括引進日本大創Daiso百圓商店，分店已多達10間。“目前在百圓商店業內共有3大主要業者，公司已讓大創走出永旺旗下的購物商場，冀未來設更多分店，奪市場第1寶座。”
http://www.chinapress.com.my/node/424570 (May.2013 - FY2013)
- 該公司主席阿都拉尤索夫在股東大會後表示，產托化還不是時候，母公司還在計劃當中，並強調公司不會被產托化，但不排除大馬的產業會涉入其中。
- 他指出，由於產托化計劃涉及大馬、越南、泰國及香港區域市場，他拒絕透露更多詳情。
- 去年6月，永旺日本母公司宣佈可能會在日本或海外設立產托，藉以集資拓展與併購用途。
- 至於拓展計劃，該公司計劃下半年在柔佛古來開設一家新零售購物中心及裝修現有分行，資本開銷至少3億5千萬令吉，其中2億4千萬令作為開設新購物中心經費，另外1億2千萬令吉為裝修費用。
http://biz.sinchew.com.my/node/75437 (May.2013 - FY2013)
- 目前全国共有26间永旺分店，其中21间坐落于该公司管理的广场内。它拥有21间广场中的11间，及向第三团体租赁其余10间。大马永旺也是其中5间第三团体管理广场的主要租户，如嘉德大马信托旗下槟城皇后湾广场。大马永旺也拥有4间MaxValue超级市场分行，后者拥有不同的零售模式，它将引入便利商店模式进入住宅区，如吉隆坡的迪沙城市园。
http://www.kwongwah.com.my/news/2013/07/07/93.html (July.2013 - FY2013)
- The Board of Directors of the Company (“Board”) wishes to announce that the Company has on 2 October 2013 entered into a Sale and Purchase Agreement (“Agreement”) with AEON REIT INVESTMENT CORPORATION having its registered office at 1-2-1 Kandanishiki-cho, Chiyoda-ku, Tokyo 101-0054 JAPAN (“J-REIT”) in respect of the disposal of 18.18% undivided share of a piece of land held under Geran Hakmilik No. 76558, Lot No. 49045, Mukim Pulai, Daerah Johor Bahru, Negeri Johor, measuring approximately 35,070 square meters (or 436,036 sq ft)
- in area (“Land”) together with 18.18% undivided share of the AEON Taman Universiti Shopping Centre erected thereon (“Building”) and bearing the postal address of No. 4, Jalan Pendidikan, Taman Universiti, 81300 Skudai, Johor Darul Takzim at the disposal price of Ringgit Malaysia Twenty Million (RM20,000,000.00) only (“Disposal Price”) which is derived from the valuation of the Land and Building in the sum of Ringgit Malaysia One Hundred and Ten Million (RM110,000,000.00) only in accordance with the terms and conditions as stipulated in the Agreement (“Transaction”). The Land and Building are collectively referred to as “Property”.
In consideration of mutual promises set out in the Agreement, J-REIT has agreed to grant and the
Company, Aeon (M) Share Owner has agreed to take a lease of the J-REIT Share to continue to use the entirety of the Property for a period of 10 years at the monthly rent of RM117,466.00 per month in consideration for the Company’s performance of its obligations in accordance with the terms and conditions set out in the lease agreement. The monthly rent shall be adjusted once every three (3) years in line with the changes in the Consumer Price Index (CPI) of Malaysia provided that such increase shall not be more than ten (10%) percent from the last monthly rent payable.
- The valuation of the Property amounting to Ringgit Malaysia One Hundred Ten Million (RM110,000,000.00) only was carried out by the valuer, Knight Frank, on 1 July 2013 which adopted the Investment Method which is a method that considers income and expenses related to the Property being valued and estimates value through a capitalisation process.
- Unless otherwise agreed by the parties, the completion date is expected to be twelve (12) months from the date of the Agreement or such other date to be agreed between the Company and J-REIT.
Return = (RM117,466.00 x 12 months) / RM110,000,000.00 Knight Frank valuation = 1.28%
= (RM117,466.00 x 12 months) / RM28,000,000.00 NBV = 5.03%
= (RM117,466.00 x 12 months) / RM28,000,000.00 NBV = 5.03%
- http://announcements.bursamalaysia.com/edms/edmswebh.nsf/LsvAllByID/62820C4A87E4038B48257C0900620357?OpenDocument (Oct.2013 - FY2013)
- The buyer, AEON REIT Investment Corporation (or J-REIT) is a wholly-owned subsidiary of AEON Co. Ltd. of Japan, that is on an acquisition spree for properties within the group, with a view towards an eventual listing of the company. Besides acquiring a partial 18.18% stake in AEON Taman Universiti mall from AEON Msia, J-REIT is also acquiring stakes in nine properties from Aeon Retail Co. Ltd (Japan) and six properties from AEON Mall Co (Japan).
The entire mall is valued at MYR110m by Knight Frank using the Investment Method, which is almost four times its net book value of c. MYR28m. The disposal of the 18.18% stake for MYR20m will give rise to a MYR15m one-off gain on disposal, with minimal impact on AEON Msia’s future earnings. The disposal is expected to complete in 12 months’ time.
AEON Msia has 26 AEON stores and four Maxvalue supermarkets in Malaysia. Of the 26 AEON stores, AEON Msia owns 11 of the malls and leases the rest. The 11 properties are carried at cost in the balance sheet and the last revaluation was done in 1995. The malls would be worth much more today.
(Maybank IB Research Oct.13 - FY2013)
The entire mall is valued at MYR110m by Knight Frank using the Investment Method, which is almost four times its net book value of c. MYR28m. The disposal of the 18.18% stake for MYR20m will give rise to a MYR15m one-off gain on disposal, with minimal impact on AEON Msia’s future earnings. The disposal is expected to complete in 12 months’ time.
AEON Msia has 26 AEON stores and four Maxvalue supermarkets in Malaysia. Of the 26 AEON stores, AEON Msia owns 11 of the malls and leases the rest. The 11 properties are carried at cost in the balance sheet and the last revaluation was done in 1995. The malls would be worth much more today.
(Maybank IB Research Oct.13 - FY2013)
- AEON will take a lease on J-REIT’s share of the property with a monthly rent of MYR117.5k to continue using the whole property for a period of 10 years. The rental rate will be adjusted once every three years. The company will be appointed as J-REIT’s shopping centre business manager to operate and maintain the property.
- Upon completion of the deal, AEON will have an additional one-off gain of MYR15m in FY14.
- We are tweaking our FY14 earnings lower by 0.4%, after imputing the higher rental expenses of MYR1.4m payable to J-REIT. The MYR15m gain is not reflected in our numbers since it is a non-recurring income.
(OSK IB Research Oct.13 - FY2013)
根据年报，该公司2013財政年总资本开销为5亿2552万3000令吉。其中零售业务和物业管理服务，分別佔9995万令吉和4亿2552万3000令吉。
周玛莉指出，9995万令吉资本开销不只是用于今年的扩展计划，而是包括未来两年，永旺集团在2014年將开设另外3家分行，分別位於檳城大山脚（BukitMertajam）、怡保佳邦（Klebang）和太平地区，以及2家旗下连锁超市--MaxValu。另外，永旺集团也在古晋和亚庇购买地库，作为未来扩展用途。
周玛莉指出，永旺集团將继续进行翻新工程，以提升现有门店和购物中心，同时可以保持零售市场的竞爭力，並继续为顾客提供优质的享受。她指出，大马零售市场目前倾向多元化，包括逛街、休閒、娱乐等集一身，因此永旺集团计划把电影院带入翻新计划中，这样可以提升商场形象，也能带来更完善的娱乐设施。
http://www.orientaldaily.com.my/index.php?option=com_k2&view=item&id=116731:&Itemid=198 May.2014 - FY2014
食品佔永旺營業額的45%，紡織品佔36%，硬體產品為19%，營業額成長方面，食品取得高單位數成長，硬體產品中單位數成長，紡織品成長在低單位數。
http://biz.sinchew.com.my/node/102107?tid=18 Sept.2014 - FY2014
Property Management Services segment’s FY14 operating profit grew 24.5% YoY to MYR218.0m, supported by higher contribution from new stores and higher rental from certain tenants.
However, this was offset by a 31% YoY decline in operating profit from the Retailing segment due to: 1) higher costs from new outlet openings, 2) weaker sales mix, 3) higher A&P expenses; and 4) higher operating costs.
(Maybank IB Research Feb.15 - FY2014)
- 分析员认为，永旺的风险在于与四海（See Hoy Chan）即将在今年8月份届满的租赁合约。他说：“若我们从万达镇购物中心抽出产业管理收入，我们的2010财年及2011财年盈利预测将下修介于2至6%。”
- 另外，针对《商业时报》昨天关于8月期满后四海栈将收回万达镇购物中心管理权的报导，永旺今天稍晚向马交所报备，公司“目前还在洽谈”，言下之意是上述续约还没有定论。
-永旺主席拿督阿都拉莫哈末尤索夫在昨日出席了股东常年大会后，于记者招待会上披露，该公司正在探讨全新的零售方式，以及计划将业务拓展至沙巴、砂拉越以及东协国家。他指出，尽管这是该公司的增长策略之一，可是在执行计划时，应该会遇到挑战。他说：“虽然我们热衷于追求规模较小的店铺和邻近购物中心的计划，可是要寻找合适的地点和得到政府批准，是有一定的困难。“那些经营一般商品商店（GMS）的日子是艰苦的，但是规模较小的格式可能会有效。”
- 另外，永旺董事经理尾山长久指出，该公司将业务版图拓展至沙巴与砂拉越，将会面对物流与管理上的挑战。海外业务方面，他披露，该公司已开始讨论，并计划对印尼市场进行一次调查。惟他拒绝透露会否在海外市场收购股权。
http://nanyang.com.my/node/282322?tid=702.. (May.2010 - FY2010)
- 另外，針對家樂福（Carrefour）或退出大馬零售市場的發展，券商認為這對永旺而言，是始料未及的正面消息，市場分羹者少了一個，自然的價格壓力就會減緩。據馬銀行投銀證券研究報告指出，大馬第四大雜貨零售商家樂福目前于泰國、大馬及新加坡分別擁有40、22及2家大型購物商場，並計劃以26億至32億令吉脫售以上資產。
http://www.chinapress.com.my/node/139488 (July.2010 - FY2010)
It said on Monday, Sept 13 that as AEON Malaysia was not involved in the bidding process for Carrefour SE Asia’s assets, there was no change to its earnings forecast.On Sept 1, Reuters quoting three sources familiar with the matter confirmed that AEON Japan will bid for Carrefour Southeast Asia’s assets.
However, due to the low bid price, AEON Japan and Tesco have lost their bids for Carrefour’s Asia assets, the Wall Street Journal reported on Sunday.Companies which have progressed to the next round of bidding, set for November, are France's Casino Guichard-Perrachon and Thai-owned Big C Supercenter PC, Thai retailer Central Group, Thai consumer products manufacturer Berli Jucker and Thailand’s largest energy conglomerate by revenue, PTT which runs convenience stores at its gas station.
http://www.theedgemalaysia.com/b ... -aeon-malaysia.html (Sept.2010 - FY2010)
- 不過，唯一隱憂是永旺或將失去萬達廣場（One Utama）的舊翼商場管理合約，這項總價達4000萬令吉的損失將反映在公司2011年的營業額上。該研究機構認為，在最壞情況下，永旺于萬達廣場的租賃空間將減少約9%至10%，但隨著永旺在全馬繼續擴充，全年計算的話，這項損失將佔公司的稅務與攤銷前盈利（EBIT）4至5%。
http://www.chinapress.com.my/node/158989 (Sept.2010 - FY2010)
- AEON Co (M) Bhd plans to invest as much as RM200 million in a new shopping centre in Rawang, Selangor, which will be the company’s 28th store in Malaysia. Its managing director Nagahisa Oyama said work on the shopping complex was expected to start in January and the completion date was one year.
- Bernama quoted him as saying the shopping complex would be built on a five hectare site and would have 100 shops.
- Oyama said AEON planned to build between one and two shopping complexes next year (2011) and was looking for a suitable location either in Ipoh, Sungai Petani or Penang. He did not rule out the possibility of setting up an shopping centre in the east coast.
http://www.theedgemalaysia.com/b ... ntre-in-rawang.html (Dec.2010 - FY2010)
- 永旺管理层重申，该公司将维持万达购物广场主要租客的位置。为了配合更新改造该广场的装修，永旺将把超市和百货商店搬移至原来佳世客（Jusco）家庭护理中心的位置。该集团预期在新装潢和更大楼层面积可吸引更多消费者和销售的利多下，可达到3亿令吉的销售目标。
- 我们了解到永旺已经在与万达购物广场管理层四海栈集团（See Hoy Chan）在原先的意见分歧上找到解决方式。即使永旺的百货商店将关闭5个月半，但我们认为该影响仅相当于平均两个月的关闭期，因为预期新的、更大的万达购物广场店铺，将可吸引更大的消费群。鉴于采用新的FRS139财报标准，以及扩充万挠和怡保的店铺面积的影响，我们下调2011和2012财年营收预测分别有10.9%和9.4%。
http://www.nanyang.com/node/332493 (April.2011 - FY2011)
- 永旺亦計劃在2020年以前，將國內的永旺購物中心數量從現有的27家增至100家。尾山長久指出，公司希望在2020年以前，成為亞洲頂尖的零售業者，並在此區域達到450億令吉銷售量。因此，永旺將在大馬設總部加強市場地位，並在2013年將業務拓展至越南，2014年進軍印尼和柬埔寨。此外，該公司亦希望在北京設另一個總部，方便強化當地市場。
http://www.chinapress.com.my/print/219908 (May.2011 - FY2011)
- 永旺已決定在吉隆坡設立東盟總部，進軍印尼、越南、柬埔寨市場，並放眼2020年在馬增設73間購物商場，總數達100間，成為大馬首屈一指零售翹楚。永旺大馬平均每年斥資2億5千萬令吉，在大馬開設新購物商場、便利店概念商場等，擴充業務至東海岸與東馬仍在尋找策略地點。
- 永旺東盟區首席執行員尾山長久披露，永旺東盟放眼成為東盟區加印度的零售業三甲；不包括印度在內，東盟區常年營業額放眼450億令吉，2013與2014年越南、印度、柬埔寨超級市場將投入服務。
http://biz.sinchew.com.my/node/47714?tid=6 (May.2011 - FY2011)
Aeon Co (M) Bhd is acquiring a 8.16ha land in Sungai Petani for RM36.02 million to build a shopping centre and operate its departmental store and supermarkets there. In a filing Friday, June 3, Aeon said it had entered into a sale and purchase agreement with Asia Plywood Company Sdn Bhd to acquire the land.
http://sg.news.yahoo.com/aeon-buys-rm36m-land-sg-petani-build-shopping-102256756.html# (June.2011 - FY2011)
永旺（Aeon，6599，主板贸服股）斥资3600万令吉（或相等于每平方尺41令吉），向Asia Plywood公司收购位于吉打双溪大年一块占地87万8500平方尺的土地。永旺将透过内部筹资的方式来筹集上述资金，而该片土地也将用以兴建购物中心和经营超商业务。 上述收购计划料将在30个月内完成，若该购物中心的建设工程顺利进行，我们预计最快会在2014年中为永旺贡献营业额。
http://www.nanyang.com/node/319889?tid=462 (June.2011 - FY2011)
- Given the rising number of malls in the Klang Valley, Aeon has been focusing on expansion via new shopping centres in other states. The outskirt malls have been well received, as Aeon adjusts its product mix to cater for the relevant consumers. Typical breakeven period is between two and four years.
http://www.theedgeproperty.com/news-a-views/7480-aeon-acquires-land-in-kedah.html (June.2011 - FY2011)
- Based on the size of the land bought, the mall could be one of the biggest to be owned/leased by Aeon via its maiden venture into the state of Kedah. Its nearest outlet is in Bukit Mertajam about 30km away from Sungai Petani.
- Sungai Petani is the state’s second largest town after Alor Setar, with a population of more than 300,000. Sungai Petani has many malls and shopping centres such as Central Square, Village Mall, Lagenda Height Tesco, Sungai Petani South Tesco, Giant Hypermarket, Econsave, Billion, Sp Plaza, and Parkson (opened in 1992). Having a new shopping mall in this area would allow Aeon to ride on its strong brand name as well as its family-oriented, one-stop shopping centre concept and capture a decent market share.
- A comparison with previous land acquisitions undertaken by the group and the recent asking prices for commercial land in Sungai Petani indicates that the purchase price of RM41 psf is fair. Financing will not be an issue as Aeon has cash of RM175.2 million.
- Given that the mall will only open in the next two years (construction usually takes about 15 to 18 months), we are not making changes to our forecasts at this juncture.
http://www.theedgemalaysia.com/i ... ing-into-kedah.html (June.2011 - FY2011)
永旺（AEON,6599,主板貿服組）以5千零12萬6千令吉，向永泰（馬）（WINGTM,2976,主板產業組）收購兩塊位於檳城北賴的地庫。上述地庫將用作開設新商場，以擴大零售業務。永旺將透過現金及內部融資取得收購資金。
http://biz.sinchew.com.my/node/50304 (Aug.2011 - FY2011)
- 永旺（Aeon，6599，主板贸服股）以5010万令吉收购位于槟城大山脚的两块地段，公司也计划在这两块地段兴建永旺购物中心。上述地段占地10.2英亩，属永久地契。 鉴于大山脚是北赖人口最多的其中一个城镇，加上地点优越，料吸引新邦安拔和居林购物者青睐，我们认为，永旺在大山脚阿儿玛商业中心（Alma）兴建购物中心是明智之举。随着上述收购计划料将在15个月内完成，该计划将不会即刻为永旺的盈利带来影响。
- 马银行投资银行 预计，新购物商场的建筑工程料耗时2至3年。至于永旺会否继续向D'Aseania租赁商场，我们(马银行投资银行 )认为情况尚未明朗。
http://www.nanyang.com/node/374642?tid=709 (Aug.2011 - FY2011)
- 永旺在大山腳購地開設新商場，分析員認為是應對現有商場租賃協議官司的積極措施，而其憑藉豐厚現金盈餘將不會面對融資問題，但新商場業務貢獻需時發酵，維持未來3年淨利預測不變。
- 馬銀行研究表示，大山腳是檳城北賴最大城鎮，人口達22萬7千972人，而永旺規劃的新商場，不僅可吸引大樹頭（Alma）購物者，也可吸引居林和十字港（Simpang Empat）購物者。
- 為租約官司敗訴做準備興業研究指出，儘管與D Aseania訴訟案恐延續2年或以上方有結果，但永旺未雨綢繆，透過新購物中心建設來應對不幸敗訴結果效益正面。“假設永旺在不關閉現有商場的情況下，營運新購物中心，我們相信雖將營造類似皇冠城和蕉賴南區的自相殘殺（Cannibalization）格局，但鑒於2間廣場的距離更遠，料競爭將不會更為激烈。”
http://biz.sinchew.com.my/node/50411 (Aug.2011 - FY2011)
- 日本佳世客購物商場營運業者永旺（AEON，6599，主要板貿易）計劃在2015年前在大馬增設5至8個購物商場。永旺東協副總裁兼總執行長尾山長久指出，該公司目前擁有和經營28間購物商場，去年12月于萬撓的購物商場剛開業。他說，每增設一間購物商場，該公司預計需要耗資2億令吉，費用胥視地點和發展商而定，或會購地興建或由發展商興建，公司負責商場營運。
- “怡保和曼絨(Manjung,Perak)的購物商場將分別在今年3月和12月間開業。”
- 他透露，日本佳士客目前正和大馬政府洽商，計劃在我國開設如同7-11便利商店規模的迷你商店概念店（Mini Store concept stores）。“這類迷你商店概念店在國外相當成功，在菲律賓已開設超過500家，數目超越日本和韓國。”他指出，希望能在年底前于大馬開設首家迷你商店，公司亦正在探討未來是否要以特許經營方式經營迷你商店。
http://www.chinapress.com.my/node/285181 (Jan.2012 - FY2012)
- In 2011, the group purchased three pieces of land in Kulai (Johor), Bukit Mertajam (Penang) and Sungai Petani (Kedah). The group continues to push its boundaries, with a clear plan to expand into the smaller towns.
(Maybank IB Feb2012 - FY2011)
- 另一方面，周瑪莉指出，日本永旺公司去年在全球成立3個區域業務總部，而東南亞區的總部坐落于吉隆坡，並在越南、印尼、柬埔寨等地委任區域領導，以執行當地的擴張計劃。此外，周瑪莉表示，永旺集團將考慮在未來兩至三年內，進軍沙巴和砂拉越，目前該集團仍未涉足東馬市場。
http://www2.orientaldaily.com.my … EZX0NyI3qo30Zk192ts (Mar.2012 - FY2012)
- 永旺（AEON，6599，主板貿服組）今年將斥資3億5千萬令吉開設第25與26間購物商場與深化零售業務，逆勢中力爭保持雙位數營業額成長、攫取更大市佔率，永旺日本總部也以吉隆坡的東盟區域總部為據點，放眼兩三年內把業務擴展至越南、柬埔寨、泰國和印尼。
- 周瑪莉在品牌重塑儀式上說，永旺也透過Max Valu物有所值社區商場，與永旺內部品牌Top Valu等衣飾、食品、廚房用品等產品，更深化零售至各社區。
- 周瑪莉說，儘管是以內部成長方式獲取業務成長，若有機會和適當對象，也會透過併購方式力爭上游。她也寄望兩三年內完成擴展區域業務心願，這些區域包括越南、柬埔寨、泰國與印尼。執行董事裴榮裕披露，我國零售業總營業額800億令吉，永旺去年攫取29億令吉而排名第三。相比去年總資本開銷4億令吉，今年將撥3億5千萬令吉作為擴展與深化業務開銷，今明兩年撥1千500萬令吉作為品牌重塑開銷。
- 執行董事中田滿說，胡志明市與金邊將是永旺先擴展的地區，大約可於2014年了結擴展區域心願。
- 談到永旺5年計劃時，永旺主席拿督阿都拉尤索說，過去多年經營以來公司每年平均以1.5間購物商場擴展，每間約投資2億令吉。擴展地區多為市郊，除帶動不同的購物體驗，也使這些地區崛起為成長核心。
http://biz.sinchew.com.my/node/57866 (Mar.2012 - FY2012)
此外，巴生河流域購物廣場太多雖引起疑慮，惟管理層仍看好半島數地商場的潛力，因此，最近在吉打、檳城與柔佛收購地段以發展商場。該公司也探討在沙巴與砂拉越設分行，但礙於物流成本高，未有立即計劃。
http://biz.sinchew.com.my/node/57884?tid=18 (Mar.2012 - FY2012)
- All stores and shopping centres under the group are currently located in the west coast of Peninsular Malaysia. There is room for expansion into the east coast and East Malaysia, ie Sabah and Sarawak. The markets in Sabah and Sarawak are not entirely underserved, with the dominant players and first movers being Parkson, Giant and The Store. Nevertheless, what works to AEON’s advantage is the strong branding of its Jusco stores as well as proven management capabilities. The group has not yet set any specific timeline for expansion, but market evaluation and feasibility studies have been carried out.
- AEON is in the midst of acquiring land in Sungai Petani (Kedah), Bukit Mertajam (Penang) and Kulai (Johor). Construction typically takes 11⁄2-2 years so these stores may open only in 2014-2015. For 2013, two stores will be opened but the respective locations have not been identified yet. With zero debt, net cash of RM341m (as at end-December 2011) and annual operating cash flows of more than RM300m, the group should able to fund new store expansions without raising additional funds. Should it expand into East Malaysia, we believe the strategy would be to buy land and construct its own malls rather than rent space in existing ones.
- Sabah and Sarawak are, respectively, the third and fourth most populated states in Malaysia, after Selangor and Johor. AEON’s foray into these two East Malaysian states will put it in direct competition with existing and upcoming shopping centres, given the first-mover advantage by its competitors. Parkson Holdings already has a presence in the biggest mall in both Kota Kinabalu (1 Borneo; NLA: 1.2m sq ft) and Kuching (The Spring; NLA: 420,000 sq ft). Nonetheless, we believe that AEON’s strong branding and proven management capabilities will stand it in good stead.
(Maybank IB April2012 - FY2012)
- The retailer has acquired land in Sungai Petani, Kedah; Bukit Mertajam, Seberang Perai; and Kulai, Johor, which are scheduled to see store openings in 2014-2015. The total cost for the three stores is expected to be between RM600 million and RM750 million, with a total net lettable area of between 1.35 million and 1.65 million sq ft.
- On whether there will be any openings next year, Nur Qamarina said: "Our target is to open at least two stores per year and we will announce it in due course."
- Meanwhile, the retailer expects to spend some RM80 million to RM100 million to renovate up to three of its stores.
http://www.btimes.com.my/Current ... es/agmaeon/Article/ (May.2012 - FY2012)
- Looking at the trend of land acquisitions in recent years, we note the group’s intention to enhance recurring income from this segment. This appears to be a trend across the industry, with Parkson Holdings Bhd and even property developers like WCT Bhd entering the mall management business.
- On July 17, Aeon terminated the acquisition of a piece of land and a shopping centre at Bandar Sri Permaisuri in Cheras. The sale and purchase agreement dated Feb 18, 2009 was aborted due to the non-fulfilment of the conditions.
The vendor has refunded the security deposit of RM2.7 million.http://www.theedgemalaysia.com/property/219268-no-surprises-from-aeon-.html (Aug.2012 - FY2012)
- Aeon Co Ltd plans to expand its operation in Southeast Asia, banking on the region's fast growing economies such as Vietnam and Indonesia, as operation in home market Japan post minimal growth.
- Oyama said under the group's three-year medium term management plan starting fiscal year 2011 through to 2013, Aeon views the "Shift to Asian Markets" as key realising growth outside of the Japanese market.
- On the back of such strategy, the group has explored new growth opportunities in new geographic and business areas using its China and Asean headquarters to accelerate an integrated approach to Asian business development. Aeon is planning to expand its operation in Southeast Asia into new emerging markets such as Vietnam, Cambodia, and Indonesia. The group has allocated ¥30 billion (RM1.15 billion) to open its first stores in these countries by 2014.
- Aeon Co Ltd of Japan (not Aeon Malaysia) is acquiring Magnificient Diagraph Sdn Bhd (MD), the Malaysian company which operates Carrefour stores, for ¥15 billion. MD will be renamed as Aeon BIG (M) Sdn Bhd and it will be under the purview of the Aeon's Japanese parent company. "This transaction will make Aeon the number two retail group in Malaysia including 'AEON' stores in general merchandise stores (GMS) format, 'MaxValu' in supermarket format, and 'AEON BIG' in hypermarket format," said Oyama. The acquisition of Carrefour Malaysia brings Aeon's total stores in Malaysia to 51, with ¥122 billion in revenue. Oyama said the group is targeting to become the number one retailer in Malaysia with 100 stores and ¥300 billion in revenue by 2020. Aeon has also chosen Kuala Lumpur as its headquarters for its Asean operations through the commencement of Aeon Asia Sdn Bhd.
http://my.news.yahoo.com/updated-aeon-expand-asean-via-074503101.html (Nov.2012 - FY2012)
- 永旺集團東盟業務副總裁兼首席執行員尾山長久今日在媒體發佈會上說，永旺集團將在大馬設立東盟業務總公司――永旺亞洲（AEON ASIA），永旺亞洲除了將直接控制大馬家樂福外，亦將為其他東盟區運作提供支援。“必須強調是，大馬永旺和家樂福將分開運作，惟可能在一些特定層面展開合作，如資訊科技和分銷網絡分享、員工調動和產品開發等，替集團大馬業務營造協同效果。＂
- 尾山認為，大馬家樂福目前雖面臨虧損，但業務基本面不錯，營運不佳相信是管理失當所致，集團接下來將替家樂福推出3年業務計劃，重新評估各家霸級分店運作情況，並承諾會在必要時注入額外資金，改進那些運作不佳的分店。他強調，關閉家樂福旗下無表現分店不是永旺集團的目標，集團會率先展開評估，並以扭轉分店表現為首任，關閉分店是最後的下策。他說：“我們並不擔心家樂福短期虧損狀況，集團視線向來放眼中期，而我們對家樂福未來3至5年展望非常樂觀。＂當提到家樂福和大馬永旺可能存在利益衝突時，尾山解釋兩家公司擁有不一樣的客戶群，目標市場也不同，不認為母公司收購大馬家樂福可能影響大馬永旺業務。
- 尾山長久表示，集團在2011年提出的3年管理計劃中，把“移往亞洲（Shift To Asian）＂視作日本市場外的主要業務成長關鍵，為支持這項計劃，集團不斷透過中國和亞太區總部探索新興機會，藉此加快區域發展步伐。“大馬是集團非常看好的其中一個國家，因此才會選擇把區域總部設在大馬，我們將透過各種形式，尋求在2020年前在大馬設立100家分店，目標是3千億日圓（114億6千萬令吉）銷售額，建立在大馬市場的領先地位。＂
http://biz.sinchew.com.my/node/66787 (Nov.2012 - FY2012)
- Aeon will be investing 30 billion yen (RM1.1 billion) to open its first stores in Vietnam, Indonesia and Cambodia by 2014.
- Japan’s top supermarket operator Aeon Co Ltd will spend 300 billion yen (RM11.4 billion) to open 45 new stores (+ existing 55 Aeon stores and Carrefour hypermarkets under Aeon Japan = 100 stores) in Southeast Asia by 2020, in addition to the 15 billion yen (RM572 million) to buy the Malaysian operations of France-based grocer Carrefour SA.
- Aeon’s Asean business chief executive officer Nagahisa Oyama said the group will be investing 30 billion yen (RM1.1 billion) to open its first stores in Vietnam, Indonesia and Cambodia by 2014. The 300 billion yen investment will be in stages and it will include renovating and rejuvenating the existing 55 Aeon stores and Carrefour hypermarkets under Aeon (Japan).
- Aeon is the third largest retailer here with 29 stores and its regional headquarters is based in Malaysia. As at end-2011, the stores generated RM2.6 billion in net retail revenue. Carrefour Malaysia, meanwhile, is the fourth biggest retailer with 26 stores that generated sales of 400 million euro (RM1.6 billion) in the 12 months to June 30 2012. The acquisition of Carrefour Malaysia gives Aeon a spot as the country’s second largest retail group by sales. However, Carrefour Malaysia is loss-making as it registered a net loss of RM81 milllion in 2011 from RM2.9 million in 2010 due to rising overheads.
- The group operates in Thailand, the Philippines, Vietnam, Indonesia and Cambodia mainly as a credit service provider.
http://www.btimes.com.my/Current ... /Article/index_html (Nov.2012 - FY2012)
- 日本永旺集团东盟业务首席执行员尾山长久披露，在收购家乐福后，大马永旺的门店总数（应该是母公司日本永旺在大马的门店总数）和营业额將增至51间和1220亿日圆（约46.5亿令吉）。但该集团不满足于此，计划在2020年增至100间门店及3000亿日圆（约114.3亿令吉）的营业额，成为全马最大的零售业者。以销售额计算，分別拥有25间和26间门店的永旺和家乐福原是第三和第四大零售业者，但在即日起进行合併后，已成为国內第二大零售业者，挤下特易购（Tesco），而巨人超市（Giant）仍稳居榜首。
http://www.orientaldaily.com.my/index.php?option=com_k2&view=item&id=29640:5-8&Itemid=198 (Nov.2012 - FY2012)
- 文告指出，該公司共以9001萬52令吉購買的土地，面積7.6公頃，位于莎阿南市，將用來建造及經營永旺購物廣場及百貨中心。該公司向馬證交所報備指出，將與Lebar Daun發展私人有限公司，及雪州經濟發展機構（PKNS）簽署聯合發展及買賣協議，共同此項目。“脫售協議將在獲相關單位批准后的6個月內完成，永旺將在協議執行后先支付收購價10%做為訂金，獲準發展后的14天內支付額外20%，獲得監管單位批准后的14天內清還余額。”
http://www.investalks.com/forum/viewthread.php?tid=2957&extra=&page=9 #179 (Dec.2012 - FY2012)
- 以9千零1萬令吉現金，收購沙亞南13區的一塊7.6公頃地段，作為發展新購物中心。永旺將全面以內部融資作出收購行動，不過基於手持3億4千300萬令吉現金及零債務，肯納格研究並不感到擔憂，而且認為地段收購價合理，相等於每平方英呎110令吉，相比週遭的地段介於150至200令吉。達證券表示，由於建築工作耗時24個月，因此將無法預見即時的盈利貢獻，不過隨著霹靂州曼絨新分店於本月初開始營業，相信將推升盈利表現。“有關地段位置中收入階級的住宅地帶，靠近擁有超過5萬名學生的科學管理大學，加上附近城鎮沒有類似的大型購物中心，減低競爭壓力，預計該公司能長期受惠。＂這也是永旺在沙亞南13區的首家購物中心，且不靠近日前遭母公司日本永旺收購的家樂福（Carrefour）的任何分店。
http://biz.sinchew.com.my/node/68799?tid=6 (Dec.2012 - FY2012)
- 儘管不排除永旺集团（AEON，6599，主板贸服股）未来会有意跟隨母公司的步伐，將旗下產业注入房產信託，但马银行投行分析员认为，该集团无需急於出此策略。 至於永旺集团是否应將资產进行房產信託，分析员指出，有两个考量因素，一、其作为房產信託的產业持有人和主要租户，这两个身份会有衝突，如该租金上涨对获利幅度；二、可能稀释產业管理的收入，目前占集团未计算利息和税项前收入（EBIT）43%的显著贡献。
- 在永旺管理的21家商场，其中11家为自有，另外10家为租用。这11家自家拥有的商场净可租用面积（NLA）为430万平方尺，根据目前的市值计算价值13亿8000万令吉，比较2011年杪的账面价值为9亿5500万令吉。
http://www.orientaldaily.com.my/index.php?option=com_k2&view=item&id=47727:&Itemid=198 (Mar.2013 - FY2013)
- 永旺日本母公司2012年6月宣佈，可能會在日本或海外設立產業投資信託（產託），藉以集資作為擴展與併購用途。母公司將加速擴展區域的步伐，將在日本以外開2千500家分行，包括擴展中國、越南、柬埔寨。
- 馬銀行研究說，大馬永旺要把旗下資產“產託化＂之前，需考慮以下兩大因素：
●既是產託業主與主租戶的雙重身份，在利益上有衝突；產託的優先考量是從更高租金最大化盈利，而永旺之目的是從更低租金成本擴大盈利。
●沖淡產業管理貢獻，永旺近年策略是朝向建築與擁有本身商場，這提供循環收入，達營運盈利的43%；倘若資產“產託化＂，將沖淡這方面的貢獻。
http://biz.sinchew.com.my/node/72181 (Mar.2013 - FY2013)
- Management informed that CAPEX of approximately RM400m has been allocated for FY13. Expect the bulk of application to be on (i) adding to the Max Value chain of supermarkets in the Klang Valley, and (ii) a new Aeon Shopping Centre in Kulai, Johor. From various media reports, we gather that the Kulai mall is already in the process of being constructed on two parcels of land measuring 380,407 and 413,215 square feet which were the subject of the Sales and Purchase Agreement (S&P) entered into by the Group in Dec 2011. The location of the Aeon Mall is believed to be as per Diagram 1 below. This will be Aeon’s fifth Aeon Mall in Johor.
- Management further shared that its community pharmacies branded Aeon Wellness will become increasingly visible in the coming years. The Group plans to open Aeon Wellness outlets in its existing and future Aeon malls. There are currently only four Aeon Wellness outlets. Based on our surveillance of emerging community pharmacies located within malls around the country, we estimate revenue per community pharmacy to be RM4.0m/annum.
- Assuming Aeon Wellness were to be opened in all of the remaining leased and owned malls plus in the malls in which it is the anchor tenant, the hypothetical FY12 revenue contribution would be an estimated RM88.0m. This would represent approximately 3.1% of FY12’s retailing segment revenue or 2.7% of Aeon’s FY12 total revenue.
(MIDF Research April.13 - FY2013)
- Retailer AEON Co(M) Bhd, which operates 30 stores in Malaysia, will invest RM240 million this year, in a spanking new shopping mall-cum-retail store in Kulaijaya. "With a 430,000 sq ft floor space, the store is slated for completion in December.
- "With the opening of the new store, the company will have 31 stores nationwide," said chairman Datuk Abdullah Mohd Yusof.
- Meanwhile, AEON managing director Nur Qamarina Chew said the company has allocated RM350 million for capital expenditure (AGM2012). Out of this, RM120 million has been set aside for the refurbishment of existing outlets. For a start, AEON wil focus on the refurbishment of its Ipoh Kinta City outlet slated to be carried out after the Hari Raya festive season. "We are going to renovate the Bandar Puchong and Bandar Sunway outlets next year," she said, adding that AEON will focus on the refurbishment of one or two shopping mall-cum-retail stores, annually. "Stores need to be up-to-dated to offer a better experience for customers as lifestyles keep changing," said Nur Qamarina, adding that AEON, which had grown steadily over the years, remained committed to its mid-term strategy to solidify its position as the market leader.
http://www.btimes.com.my/Current_News/BTIMES/articles/22AEON/Article/#ixzz2U2sWQLLF (May.2013 - FY2013)
- The company said in its annual report that it was on schedule to open a three-level community shopping centre in Kulai, Johor, by year-end. It had said last year that it intended to mark its presence in east Malaysia by 2015.
- Aeon has allocated some RM350mil in capital expenditure for this year, the same as last year. It will use the money for the opening of the Kulai store as well as refurbishing existing stores.
http://www.thestar.com.my/404.html?item=%2fbusiness%2fstory&user=extranet%5cAnonymous&site=TheStarOnline (May.2013 - FY2013)
- “Next year(2014), we will also be investing about RM350mil to refurbish some malls and open new ones in Taiping, Ipoh and Bukit Mertajam. By 2015, we're looking at having between 27 and 28 malls in the country.”
- Meanwhile, Aeon executive director Poh Ying Loo said the company currently had no plans to set up a real estate investment trust (REIT) for its malls. “We have no plans to set up a REIT. The (REIT) industry is still developing, albeit at a fast rate. We will monitor and see how it (the industry) progresses.” Chew said Aeon was in a good cash position and that the company did not need see a reason to set up a REIT. “The company has RM454mil in cash as at end-December.”
http://www.thestar.com.my/404.html?item=%2fbusiness%2fstory&user=extranet%5cAnonymous&site=TheStarOnline (May.2013 - FY2013)
- 達證券指出，該公司兩間新分店，將在今年12月及2014年第三季啟業，它們分別坐落在古來及大山腳。而雙溪大年分店則稍為延遲開店。 該行對該公司的財測假設基礎，包括上述3間新分店的出租面積達150萬平方尺，其同店銷售成長（SSSG）調高至4.5%至5.0%（前為4.0%至4.5%），租金成長率從4.0%調低至3.0%，以及資本開銷調高26.7%至33.3%之間。
http://biz.sinchew.com.my/node/76390?tid=18 (June.2013 - FY2013)
有传言指，其现金需求的改变，可能胥视其与第三团体的洽商，以在沙巴和砂拉越开设首间永旺购物广场的落实。裴荣裕指出：“3年前，我们仍然在策划阶段。我们目前仍然进行洽商和拟定最后细节。如果一切顺利，最早我们可在2015年以后拥有一间位于沙巴和砂拉越的广场。”不过，他拒绝透露其他详情，因洽商属于机密进行。他只表示，这间广场将可能由第三团体兴建与拥有，并租赁予大马永旺。根据裴荣裕称，“设立该广场将须15至18个月时间，及达到收支平衡则平均需要4年半”。
- 这家日本最大超级市场连锁永旺集团的51%子公司，看到扩充的空间，并将在年杪之前于柔佛古来再也开设一间分店，及明年至少于大山脚、太平和霹雳怡保附近的佳邦(klebang)开设3间分店。
http://www.kwongwah.com.my/news/2013/07/07/93.html (July.2013 - FY2013)
- 根據昨日報導指出，永旺以7020萬令吉向柔佛置地（JLAND，6564，主要板房產）購買柔佛一商業用地，土地面積達20.93英畝。該土地位于柔佛拿督安城鎮（Bandar Dato Onn），將用以興建及經營一個附有停車場的購物中心。大眾投銀研究指出，這項購地計劃提供了機會給永旺在柔佛甘拔士（Kempas）擴展業務。該土地每平方尺約70.60令吉，相信這個收購價是公平的，該地區商業用地價格介于每平方尺68至210令吉之間。這項土地收購案的收購資金7020萬令吉，全由公司內部支出，但這點並不讓人擔憂，因該公司淨現金強勁，截至本財年首季，公司淨現金高達3億9840萬令吉。
http://biz.sinchew.com.my/node/78785 (July.2013 - FY2013)
大马最大黄金首饰零售商宝光控股有限公司（POHKONG，5080，消费产品组）为了扩大其连锁店网络，预计该公司在未来2至5年内会在沙巴和砂拉越州开设第一家分店。宝光执行董事萧德明表示：“集团正等待专业购物商场发展商AEON MALL落实在沙巴与砂拉越开设一间购物商场，我们目前正与永旺（马）有限公司（AEON，6599，贸易服务组）紧密合作。” “正如你可以看到，无论永旺在何处开设购物商场，我们也会在该处开设分行。”
- 萧氏告诉马新社，预料AEON Mall会于2015年在沙砂2州开设百货公司，预料宝光也会公布分行开幕日期。
http://www.kwongwah.com.my/news/2013/07/26/2.html (July.2013 - FY2013)
- 永旺（AEON，6599，主板贸服股）将于明年耗资4亿令吉，开设3间新购物中心以及翻新1间现有购物中心。新购物中心分别位于槟城、马六甲及柔佛。届时，该公司将在全国拥有34间购物中心。
- 该公司执行董事裴荣裕说：“我们计划在两年内(2013-2014)耗资7亿令吉，今年(2013)的成本则是3亿令吉。”
- 鉴于国内零售领域走强，永旺在近年来积极扩充业务版图。该公司尚未进军的市场计有沙巴、砂拉越、吉兰丹、登嘉楼、玻璃市及吉打。
http://www.nanyang.com/node/557081?tid=761 (Aug.2013 - FY2013)
- We expect slower growth in FY14 as there will be only one new store scheduled to open in Dec 2013 in Kulai, Johor. For 2014, new stores would be opened in Bukit Mertajam, Penang and Sungai Petani, Kedah.
(Maybank IB Aug.13 - FY2013)
- More new malls in the pipeline. We expect AEON to open 7-8 new malls in FY13-15. It will open one in Kulai, Johor with a net lettable area (NLA) of around 457k sq ft by end-2013. Three confirmed new malls in the pipeline for FY14 are to be located at Bukit Mertajam (~600k sq ft NLA), Klebang (-500k sq ft), and Taiping (~400k). In FY15, a new mall with a NLA of ~600k sq ft will be opened in Shah Alam. AEON may also venture into East Malaysia, eg Kuching, Sarawak, with malls openings.
http://www.investalks.com/forum/viewthread.php?tid=2957&extra=&page=14 #267 (Aug.2013 - FY2013)
- 興業研究預測，永旺未來在2015財年結束前，將再開設7至8家購物商場，除了迎合下半年向來較高的消費趨勢外，也為了更進一步激勵長期業務表現。
- 這些購物商場的地點包括柔佛古來(Dec2013)、檳城大山腳、馬六甲吉里望(Klebang)、太平及沙亞南，合計淨可出租面積（NLA）約為255萬7千平方尺，分析員亦不排除該公司未來可能進軍東馬古晉。
http://biz.sinchew.com.my/node/81310?tid=18 (Aug.2013 - FY2013)
- Aeon Big (M) Sdn Bhd plans to open six new hypermarkets as part of the company’s strategy to further strengthen its presence in the retail segment in Malaysia. Its managing director and Aeon Asean chief executive officer, Nagahisa Oyama, said all the six outlets would be opened between 2014 and 2016 in Johor, Kedah, Kelantan, Perak, Selangor and Terengganu. He said initially, the company’s main focus was Johor, Penang and Selangor due to vast developments taking place in these places but now had shifted its strategy. Oyama said competition in the retail sector in the three states was becoming more intense with too many players around, and the market was also too fragmented. “Our strategy now is to be everywhere in the country to reach out to our customers instead of focusing only on certain areas which is not good for long-term growth,’’ he said.
- “We are now focusing on secondary towns in these states as they (secondary towns) also offer good long-term growth prospects for us,’’ said Oyama at the opening of Aeon Big Kluang outlet on Saturday. This is the first hypermarket opened since the conception of Aeon Big Malaysia in October 2012 under the umbrella of Aeon Group.
- Oyama said it had two options when opening the new outlets – spending RM80mil on the hypermarket construction or renting the building from a third party for RM20mil to RM30mil.
http://www.thestar.com.my/Business/Business-News/2013/09/10/Aeon-to-strengthen-presence-with-six-new-hypermarkets.aspx/ (Sept.2013 - FY2013)
- 永旺（AEON，6599，主板贸服股）与泰国著名家具零售商Index Living Mall（简称ILM）设立联营公司，在我国打造一站式家具相关的购物与服务中心。
- 永旺向马交所报备，上述联营公司名为Aeon Index Living私人有限公司，注册股本为5000万令吉，包含5000万股；缴足股本则为4500万令吉，涵盖4500万股。永旺和ILM在联营公司的持股，分别为70%与30%，所以需分别负担3150万令吉和1350万令吉的缴足股本。
- “联营公司将在大马的一站式购物中心，从事家具零售、家具配件和相关服务。” 该集团希望此联营项目，可在2014年6月前完成。
http://www.nanyang.com/node/565658?tid=462 (Sept.2013 - FY2013)
- AEON announced that it had entered into a 70:30 Joint Venture (“JV”) agreement with Index Living Mall Company Limited ("ILM") to jointly incorporate a private limited company in Malaysia, to be named "AEON INDEX LIVING SDN BHD". Under the agreement, the paid up share capital of the JV company shall be RM45.0m, where AEON’s investment portion amounts to RM31.5m (70%). The JV agreement is expected to be completed by June 2014 and will be financed by internally generated funds.
- The tie-up with ILM, a Thailand-based furniture retailer, would enable AEON to expand its business into furniture retailing by providing complete selections of unique designed and high quality home and office furniture and various home fashion products accessories and related services.
- There will be more new outlet openings in FY13-14 (ie. a 457,000sq ft shopping mall in Kulai in Dec-13, and two more in Bukit Mertajam and Sungai Petani in FY14 respectively). Additionally, there would also be a refurbishment existing malls, such as in Wangsa Maju and Bukit Raja.
http://klse.i3investor.com/blogs/kenangaresearch/37375.jsp (Sept.2013 - FY2013)
- 路透社报道指出，日本永旺计划透过永旺产托上市筹资900亿日元（约29亿7907万令吉），预期可向银行及股市筹集1700亿日元（约56亿2713万令吉），所筹款项将用作开设新购物商场。
即将在下个月上市的永旺产托，将会是日本今年来的第三大上市产托公司。
全球包括马来西亚在内的15家永旺购物商场，将注入日本永旺产托，后者将把资产回租当地商场经营公司。
http://nanyang.com.my/node/568696?tid=462 (Oct.2013 - FY2013)
- 艾芬投行分析员称，永旺集团的母公司－－日本永旺公司在周二宣佈，计划在东京交易所进行一项商业房地產投资信託的上市活动，以从中集资900亿日圆（约9亿1700万美元）。「文告指出，日本永旺公司考虑將大马的购物广场纳入房地產投资信託，但是，我们无法向永旺集团的管理层证实这项消息。」无论如何，该分析员认为，现阶段將永旺集团在大马的所有购物广场綑绑为房地產投资信託的机率低。这是因为会稀释其產业管理业务的收入。该业务占永旺集团税前盈利的45%比重。
- 而且，该集团已经放缓扩充购物广场的步伐。更重要的是，如果永旺大马转为房地產投资信託的持有人，同时也是相关產业的主要租户，这將引起潜在利益衝突，例如租金调涨与租金收入的问题。」
http://www.orientaldaily.com.my/index.php?option=com_k2&view=item&id=77402:&Itemid=198 (Oct.2013 - FY2013)
- With the ongoing sale of its 18% stake in AEON Taman Universiti in Skudai to its sister company J- REIT, it seems to suggest that a domestic REIT is not likely to happen at this juncture. There will be only one new store in 2013 (in Kulai) and 5 new stores for 2014-15 in Bukit Mertajam, Taiping, Klebang, Shah Alam and potentially Sungai Petani.
(Maybank IB Research Nov.13 - FY2013)
- AEON’s new mall in Kulai, Johor, which has a net lettable area (NLA) of around 457k sq ft, is slated to open by the end of this month. For FY14, the company has confirmed the opening of three new malls - in Bukit Mertajam (~600k sq ft of NLA), Klebang (-500k sq ft) and Taiping (~400k).
(RHB IB Novl2013 - FY2013)
- 另一方面，永旺集团仍持续其扩充计划，最新的一家购物中心于11月27日开张，位于柔佛古来再也，是其第27间购物中心，净可租用面积（NLA）约45万7000平方尺。该购物中心有4层楼高，包括两层停车场和两层零售商店。接下来在2014年，永旺集团也打算开设3间新购物中心，分別位于檳城大山脚、太平和怡保佳邦（Klebang），可租用面积分別有60万、40万和50万平方尺。
http://www.orientaldaily.com.my/index.php?option=com_k2&view=item&id=89330:&Itemid=198 (Dec.2013 - FY2013)
業務經營策略方面，近年明顯可見永旺轉向消費需求逐漸趨向多元化的大馬二三線城市落戶，包括在霹靂州的怡保、Seri Manjung、檳城威省、芙蓉、馬六甲及柔佛古來等地開設購物中心，把都市化的購物體驗融入當地社區。
“除了商戶組合，我們更注重基本設施的方便及舒適度，如為伊斯蘭顧客、父母及孩子特設的祈禱室、哺乳室，讓消費者不受時間及地點限制，從容的購物，自開幕以來已成為古來區最｀WOW’的購物話題。”
周瑪莉指出，現代化的目的是開創更便利的空間設施，而擁有一體化元素的購物中心在二線城市不常見，一線城市的5星級購物中心更是廣邀國際品牌進駐，擁有各種便利設施，可是對廁所及坐椅設備不太注重。
“購物過程讓人感到疲憊，當商場可供休息的坐椅有限、設施標誌不顯眼都將影響購物興致，因此不管是在一線或二線城市，我們都積極提昇廁所及坐椅設施，相信貫徹此獨樹一格的概念，顧客將接受、感激及提供更佳建議。”。至於未來的產品轉型計劃目標，周瑪莉表示早前旗下的自有品牌佳世客精選（Jusco Selection）系列產品經過重新包裝，由源自日本的TOPVALU品牌推出市場，為消費者提供本地製造的高品質、誠信可靠的食品選擇。“這是永旺的私人品牌，向來都秉持高品質水平開發新口味，維持產品物有所值的宗旨，以區隔市面上其他產品，雖然該系列還在成長階段，尚未達預設指標水平，但預見短期內它的貢獻將為公司帶來極大影響。” 該品牌是在2012年12月在大馬推出，從不間斷推出新產品，除了食品，亦提供日常用品。永旺設定目標在2015年前，TOPVALU貢獻至少成長10%，營業額100萬令吉以上，目前TOPVALU已貢獻日本母公司營業額20%。http://biz.sinchew.com.my/node/89065 Jan.2014 - FY2014
在巴生河流域，一些商場的租戶組合，開始出現銀行、郵局、兒童圖書館、醫療等服務設施，因此她預測，未來大馬的商場組合將不再強調產品銷售，而是朝強化便利的社區服務方向發展。“我們的日本商場，甚至設有醫生特區及12家診所，服務生病人士，國內一些商場設有登記局或移民局服務柜台已不是新鮮事，因此未來永旺將探討增設上述服務的創意租戶組合，並擴大運用在二三線城市商場裡，維持平衡的商業及社區元素。”
http://biz.sinchew.com.my/node/89065 Jan.2014 - FY2014
近期，該公司重新在旺沙馬朱購物廣場設立永旺商業學院（前身為佳世客商業學院），以應付未來業務拓展所需的人力資源需求，為大馬及東南亞市場提供職訓。“在大馬難以找到零售業相關的課程，永旺商業學院將扮演公司培養未來領導人才的重要平台，不過該校空間有限，未來可能會搬至更大的地方。”
http://biz.sinchew.com.my/node/89065 Jan.2014 - FY2014
新業務方面，她表示城市人生活變得日益繁忙，導致許多人無法經常造訪區域購物中心，為迎合他們簡易迅速的採購需求，計劃擴大MaxValu品牌超級市場至巴生河流域，同時也積極推動其他新業務成長。目前永旺新業務包括4間Max Valu超級市場，13間Daiso百貨用品店、13間Wellness健美產品銷售中心及12間Mister Donut。今年，永旺計劃在業務版圖未涉足的北及南馬區域探討增設2或3間購物中心，預計整體集團資本開銷至少5億令吉。
http://biz.sinchew.com.my/node/89065 Jan.2014 - FY2014
- 永旺（AEON，6599，主板贸服股）总执行长兼董事经理周玛莉表示，将在今年内拨出7亿令吉资本开销，以重新整装现有分店，以及开设更多分店。周玛莉在记者会上表示：“目前，我们在全国拥有27家永旺分店和4家MaxValu超市分店。我们计划在今年结束前，增设至30家永旺分店和6家MaxValu超市分店。”她披露，将在太平、吉隆坡(Quill城商場主要的租戶)和大山脚增设永旺分店。此外，她也计划在未来5年内，进军吉打、吉兰丹、登嘉楼、沙巴和砂拉越。“拓展业务一直都是我们的目标之一。不过，我们不准备在今年内进军新的州属。”
- 放眼未来，周玛莉披露，计划与日本饮食品公司合作，在旗下分店内售卖更多日本饮食品。“我们正在和一些商家商谈合作可能。大马对日本货品和餐厅的需求高，我们希望能够为客人带来最好价钱和品质的产品。”
http://www.nanyang.com/node/601417?tid=462 Feb.2014 - FY2014
- Japanese retailer Aeon Co (M) Bhd has set aside RM700mil this year to open three new Aeon outlets and two MaxValu stores as it boosts spending to expand its presence into smaller towns. Of the three Aeon outlets, two of them will be part of new shopping centres in Bukit Mertajam, Penang and Taiping, Perak, which Aeon Co will operate. It will also be an anchor tenant in upcoming Quill City Mall in Kuala Lumpur. Executive director Poh Ying Loo said the company had yet to finalise the location for the two proposed MaxValu stores, which will cost about RM5mil each. It will also use part of the planned capital spending to refurbish selected existing stores and plan future outlets. Currently the general merchandise store and supermarket chain operator has 27 Aeon outlets and four MaxValu stores in Malaysia.
- The outlets would cost a combined RM450mil. Last year(2013) the company’s capital expenditure was RM500mil with one new store in Kulaijaya, Johor.
- It was recently reported that it was aiming to expand into Kedah, Kelantan, Terengganu, Sabah and Sarawak five states over the next five years. Aeon Co is also exploring collaborations with Japanese food and lifestyle brands to introduce them to the Malaysian market this year.
- On the rising cost of living, managing director Nur Qamarina Chew said Aeon Co had always adjusted its prices to stay attractive to consumers, offering discounts of up to 70%. “So far we have cut prices for about 200 items and we’re looking to increase that for as many as 2,000 items this year,” she said.
- On other plans, Poh added that the group had engaged local consultants to look into preparations for the Goods and Services Tax implementation next year.
“We have set up our project task team and hope to get things ready by year-end.”
http://www.thestar.com.my/Business/Business-News/2014/02/21/Aeon-in-RM700mil-expansion-mode-going-into-smaller-towns/?style=biz Feb.2014 - FY2014
Further to the announcement made on 20 September 2013 pertaining to the Joint Venture Agreement entered into between AEON CO. and Index Living Mall Company Limited to jointly incorporate and register a private limited company in Malaysia in the name of “AEON INDEX LIVING SDN. BHD.” (“Agreement”), the Board of Directors of AEON CO. is pleased to announce that the joint venture company namely, AEON INDEX LIVING SDN BHD (“AEON INDEX”) has been incorporated on 28 February 2014 under the Companies Act, 1965.
As of to-date, AEON INDEX has an authorised share capital of RM50,000,000 comprising 50,000,000 ordinary shares of RM1.00 each and an initial issued and paid-up share capital of RM4,500,000 comprising 4,500,000 ordinary shares of RM1.00 each of which such paid-up capital will be paid by AEON CO. and Index Living Mall Company Limited within one (1) month from the date of incorporation of the AEON INDEX pursuant to the Agreement.
Upon the Company’s subscription of 70% of the total issued and paid-up share capital of AEON INDEX, AEON INDEX become a subsidiary company of AEON CO. in accordance with terms and conditions as stipulated in the Agreement.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1554725 Feb.2014 - FY2014
興業研究表示，永旺將在今年慶祝30週年，將進行主題為“與您新的開始”（The New Beginning With You）的慶祝活動來回饋客戶的忠誠，同時集團位於檳城大山腳和太平的兩家新購物中心將在2014財政年開始營運，將釋出約104萬平方呎淨租賃空間。
“永旺位於北賴的購物中心將關閉，並轉移至大山腳新購物廣場，同時集團將在今年於吉隆坡新設桂嘉購物商場（Quill City Malls）新店舖，以及沙亞南Gamuda Walk開設和Max Value超級市場。”在2015財政年，永旺也計劃在吉里望（Klebang）和沙亞南開設兩家新購物中心，淨租賃空間將超過110萬平方呎。
References are made to the Company’s announcements dated 5 August 2011 and 23 May 2014 in relation to the Sale and Purchase Agreement dated 5 August 2011 and Supplemental Agreement dated 23 May 2014 entered into between the Company and DNP Land Sdn. Bhd. ( “Vendor”) for the acquisition of a piece of vacant land held under No. H.S.(D) 59864 No. PT Lot 30908, Mukim 15, Daerah Seberang Perai Tengah, Negeri Pulau Pinang at the revised purchase price of Ringgit Malaysia Forty Seven Million One Hundred Five Thousand Two Hundred Thirty Nine and Sen Eighty (RM47,105,239.80) only for the purpose of constructing and operating a shopping centre and a departmental store cum supermarket (“Acquisition of Land”).
裴榮裕說，永旺今明兩年將斥資14億令吉，增加新開購物中心和提昇現有購物中心，以迎戰大馬落實消費稅的挑戰。
裴榮裕說：“零售業務競爭非常劇烈，特別在霸級市場層面。如果你翻閱報章，就可發現價格戰在上演著；我們未陷入其中，這非常不易。” 裴榮裕說：“當獲得委託擴張至區域時，市場才能大受激勵；目前還未跑這個方向。”
http://biz.sinchew.com.my/node/97464?tid=6 June.2014 - FY2014
Further to the announcement made on 20 September 2013 pertaining to the Joint Venture Agreement entered into between AEON CO. and Index Living Mall Company Limited to jointly incorporate and register a private limited company in Malaysia in the name of “AEON INDEX LIVING SDN. BHD.” (“Agreement”), the Board of Directors of AEON CO. is pleased to announce that the joint venture company namely, AEON INDEX LIVING SDN BHD (“AEON INDEX”) has been incorporated on 28 February 2014 under the Companies Act, 1965.
As of to-date, AEON INDEX has an authorised share capital of RM50,000,000 comprising 50,000,000 ordinary shares of RM1.00 each and an initial issued and paid-up share capital of RM4,500,000 comprising 4,500,000 ordinary shares of RM1.00 each of which such paid-up capital will be paid by AEON CO. and Index Living Mall Company Limited within one (1) month from the date of incorporation of the AEON INDEX pursuant to the Agreement.
Upon the Company’s subscription of 70% of the total issued and paid-up share capital of AEON INDEX, AEON INDEX become a subsidiary company of AEON CO. in accordance with terms and conditions as stipulated in the Agreement.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1554725 Feb.2014 - FY2014
興業研究表示，永旺將在今年慶祝30週年，將進行主題為“與您新的開始”（The New Beginning With You）的慶祝活動來回饋客戶的忠誠，同時集團位於檳城大山腳和太平的兩家新購物中心將在2014財政年開始營運，將釋出約104萬平方呎淨租賃空間。
“永旺位於北賴的購物中心將關閉，並轉移至大山腳新購物廣場，同時集團將在今年於吉隆坡新設桂嘉購物商場（Quill City Malls）新店舖，以及沙亞南Gamuda Walk開設和Max Value超級市場。”在2015財政年，永旺也計劃在吉里望（Klebang）和沙亞南開設兩家新購物中心，淨租賃空間將超過110萬平方呎。
http://biz.sinchew.com.my/node/93480?tid=18 April.2014 - FY2014
References are made to the Company’s announcements dated 5 August 2011 and 23 May 2014 in relation to the Sale and Purchase Agreement dated 5 August 2011 and Supplemental Agreement dated 23 May 2014 entered into between the Company and DNP Land Sdn. Bhd. ( “Vendor”) for the acquisition of a piece of vacant land held under No. H.S.(D) 59864 No. PT Lot 30908, Mukim 15, Daerah Seberang Perai Tengah, Negeri Pulau Pinang at the revised purchase price of Ringgit Malaysia Forty Seven Million One Hundred Five Thousand Two Hundred Thirty Nine and Sen Eighty (RM47,105,239.80) only for the purpose of constructing and operating a shopping centre and a departmental store cum supermarket (“Acquisition of Land”).
裴榮裕說，永旺今明兩年將斥資14億令吉，增加新開購物中心和提昇現有購物中心，以迎戰大馬落實消費稅的挑戰。
裴榮裕說：“零售業務競爭非常劇烈，特別在霸級市場層面。如果你翻閱報章，就可發現價格戰在上演著；我們未陷入其中，這非常不易。” 裴榮裕說：“當獲得委託擴張至區域時，市場才能大受激勵；目前還未跑這個方向。”
http://biz.sinchew.com.my/node/97464?tid=6 June.2014 - FY2014
AEON, the leading general merchandise store and supermarket chain will be the main anchor tenant at Quill City Mall. It is set to occupy aproximately 225,000 sq ft over five floors of the 800,000 sq ft net lettable area shopping mall,” said Ong.
The Japanese retail giant intends to showcase its City Lifestyle Store concept in Malaysia, with a premium positioning. Being more commonly found in suburban shopping malls, this will be the first AEON branch in the city centre.
The Japanese retail giant intends to showcase its City Lifestyle Store concept in Malaysia, with a premium positioning. Being more commonly found in suburban shopping malls, this will be the first AEON branch in the city centre.
http://www.theedgeproperty.com/news-a-views/12751-quill-city-mall-signs-aeon-as-anchor-tenant.html June.2014 - FY2014
永旺（AEON,6599,主板貿服組）建議以3千484萬8千令吉，向雲頂種植（GENP,2291,主板種植組）收購柔佛峇株巴轄的20英畝土地。永旺發表文告說，將透過現金和內部資金買地，以興建一座購物中心。
這是永旺在柔佛州的潛在第7間分店。該公司收購土地興建分店，將通過開設新購物中心及分店來加速擴大旗下的零售業務，今次則是進軍柔佛州第2大人口重鎮-峇都巴轄。
肯納格認為，預料收購資金將不成問題，因永旺目前持有淨現金1億8千250萬令吉，足以應付收購價3千480萬令吉。至於進一步的建築成本，料將可取得融資，特別是其強勁淨現金及現金流。
土地收購價格合理，即每平方尺為40令吉，比較當地類似地皮價格，則是每平方尺介於43令吉至80令吉之間。
http://biz.sinchew.com.my/node/98394 July.2014 - FY2014
永旺（AEON，6599，主板贸服股）会在11月位于布城的IOI City Mall开设第一间家居及室内家具商店，多元化至家具零售市场。这家新店“永旺Index Living Mall”的面积达6800平方米，售卖家庭和办公室家具，会是集团的旗舰店，永旺和泰国IndexLiving Mall分别持有永旺Index Living Mall有限公司的70%和30%股权，负责新店的营运。
自去年7月以来，这已是该公司第二次在柔佛购地。若将此发展项目纳入计算，柔佛的购物广场数量在2016年时，料将攀至7家。
根据87万1200平方尺的土地面积，我们估计新广场的净租用面积（NLA）或介于50万至55万平方尺，这将远高于我们早前所设下每年20万平方尺的翻补率。
永旺的新广场预计可在2016年开始动工。
http://www.nanyang.com/node/634474?tid=709 July.2014 - FY2014
永旺（AEON，6599，主板贸服股）会在11月位于布城的IOI City Mall开设第一间家居及室内家具商店，多元化至家具零售市场。这家新店“永旺Index Living Mall”的面积达6800平方米，售卖家庭和办公室家具，会是集团的旗舰店，永旺和泰国IndexLiving Mall分别持有永旺Index Living Mall有限公司的70%和30%股权，负责新店的营运。
“我们（永旺和泰国Index Living Mall）期待着开设新店。”她补充，永旺计划未来2、3年在市区内增设新分店。
http://www.nanyang.com/node/648843?tid=462 Sept.2014 - FY2014
- AEON has so far opened one store this year and will open another two AEON stores by year end (Bukit Mertajam,Taiping,Quill KL), and one MaxValue store. 2015 will see the opening of another three AEON stores.
(Maybank Sept.2014 - FY2014)
- AEON has so far opened one store this year and will open another two AEON stores by year end (Bukit Mertajam,Taiping,Quill KL), and one MaxValue store. 2015 will see the opening of another three AEON stores.
- Blended SSSG in 2Q14 was +4% YoY compared to +3% YoY in 1Q14. New
stores such as the ones in Rawang and Bukit Indah are contributing double-
digit SSSG after having been in operations for more than three years. While
its Mid Valley outlet continues to be the largest contributor to revenue,
but SSSG has flattened out.
- While sales held up in 2Q14, operating expenses were much higher due to
several factors and these include:
- Advertising and promotion expenses that were 30% higher YoY due to additional spending on AEON’s 30th anniversary celebrations;
- Higher electricity costs due to the recent tariff rate hike. Electricity expense accounts for about 3% of AEON’s total revenue and though the tariff rates jumped 17% YoY, AEON’s own electricity costs rose a slower 11% YoY due to energy saving initiatives.
- Renovation costs incurred in the first half of the year for its Bandar Puchong, Bandar Baru Klang, Wangsa Maju and Ipoh branches, among others.
- Opening costs incurred in relation to the opening of the Bukit Mertajam store in June.
To date, AEON has opened just one new store in Bukit Mertajam in June.
There are planned openings in 3Q14 and in 4Q, two AEON stores will be
opened – one in Quill City (KL’s golden triangle) and the other in Taiping.
Having closed down the MaxValue store in Kota Kemuning (Shah Alam),
AEON will be opening one in Gamuda Walk (Kota Kemuning). These new
store openings will take the number of AEON stores to 29 by year end and
the number of MaxValue stores to 4. Management targets the opening of
three stores in 2015 – in Perak, Kota Bahru and Shah Alam. There are no
plans to increase rentals.
(Maybank Sept.2014 - FY2014)
The Board of Directors of AEON (“Board”) is pleased to announce that the Company has on 26 December 2014 entered into a Sale and Purchase Agreement (“SPA”) with Ireka Engineering & Construction Sdn. Bhd. (Company No. 381566-U) having its registered office at Level 18, Wisma Mont’ Kiara, No 1, Jalan Kiara, Mont’ Kiara, 50480 Kuala Lumpur, Wilayah Persekutuan (“Vendor”) in respect of the acquisition of a part of freehold land held under H.S.(D) 64701, Lot PT 10334, Pekan Senawang, Daerah Seremban, Negeri Sembilan measuring approximately 84,498.36 square meters or 20.88 acres (“Sale Property”) at a purchase price of Ringgit Malaysia Fifty Three Million Six Hundred and Sixty Two Thousand Four Hundred Thirty Five and Sen Twenty (RM53,662,435.20) Only (“Purchase Price”)for the purpose of contructing and operating a shopping centre with car parks and departmental stores cum supermarket (“Complex”)in accordance with all the terms and conditions as stipulated in the SPA (“Acquisition”).
The purchase consideration for the Acquisition amounting to Ringgit Malaysia Fifty Three Million Six Hundred and Sixty Two Thousand Four Hundred And Thirty Five and Sen Twenty (RM53,662,435.20 ) Only (“Purchase Price”) is arrived at a rate of Ringgit Malaysia Fifty Nine (RM59.00) Only per square foot based on an estimated total area of 84,498.36 square meters or 909,532.8 square feet or 20.88 acres of the Sale Property which was arrived on a “willing-buyer willing-seller basis in an arm’s-length transaction after taking into consideration the potential development of the Sale Property, the costs of infrastructure works, roadworks and earthworks, the range of market values for similar lands in the vicinity and the valuation carried out by the Company’s valuer, Henry& Butcher Malaysia (NS) Sdn Bhd on 4th March 2013 which adopted the Comparison Method.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1837753 Dec.2014 - FY2014
永旺（AEON,6599,主板貿服組）繼柔佛後，再佈局森美蘭，計劃增添新購物中心。永旺以5千370萬令吉收購毅成建築（IREKA,8834,主板建筑組）在森美蘭新那旺的90萬9千500平方英呎地庫，以增建新分行，平均每平方英呎為59令吉。同時，永旺也委託毅成負責建築工程，合約總值為2億零310萬令吉。
(Maybank Sept.2014 - FY2014)
The Board of Directors of AEON (“Board”) is pleased to announce that the Company has on 26 December 2014 entered into a Sale and Purchase Agreement (“SPA”) with Ireka Engineering & Construction Sdn. Bhd. (Company No. 381566-U) having its registered office at Level 18, Wisma Mont’ Kiara, No 1, Jalan Kiara, Mont’ Kiara, 50480 Kuala Lumpur, Wilayah Persekutuan (“Vendor”) in respect of the acquisition of a part of freehold land held under H.S.(D) 64701, Lot PT 10334, Pekan Senawang, Daerah Seremban, Negeri Sembilan measuring approximately 84,498.36 square meters or 20.88 acres (“Sale Property”) at a purchase price of Ringgit Malaysia Fifty Three Million Six Hundred and Sixty Two Thousand Four Hundred Thirty Five and Sen Twenty (RM53,662,435.20) Only (“Purchase Price”)for the purpose of contructing and operating a shopping centre with car parks and departmental stores cum supermarket (“Complex”)in accordance with all the terms and conditions as stipulated in the SPA (“Acquisition”).
The purchase consideration for the Acquisition amounting to Ringgit Malaysia Fifty Three Million Six Hundred and Sixty Two Thousand Four Hundred And Thirty Five and Sen Twenty (RM53,662,435.20 ) Only (“Purchase Price”) is arrived at a rate of Ringgit Malaysia Fifty Nine (RM59.00) Only per square foot based on an estimated total area of 84,498.36 square meters or 909,532.8 square feet or 20.88 acres of the Sale Property which was arrived on a “willing-buyer willing-seller basis in an arm’s-length transaction after taking into consideration the potential development of the Sale Property, the costs of infrastructure works, roadworks and earthworks, the range of market values for similar lands in the vicinity and the valuation carried out by the Company’s valuer, Henry& Butcher Malaysia (NS) Sdn Bhd on 4th March 2013 which adopted the Comparison Method.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1837753 Dec.2014 - FY2014
永旺（AEON,6599,主板貿服組）繼柔佛後，再佈局森美蘭，計劃增添新購物中心。永旺以5千370萬令吉收購毅成建築（IREKA,8834,主板建筑組）在森美蘭新那旺的90萬9千500平方英呎地庫，以增建新分行，平均每平方英呎為59令吉。同時，永旺也委託毅成負責建築工程，合約總值為2億零310萬令吉。
今年7月，永旺才宣佈以3千480萬令吉，收購柔佛峇株巴轄87萬1千200平方英呎土地，以興建購物中心。豐隆研究與肯納格表示，永旺將會以內部資金完成收購，有關地段靠近新那旺首要地段，收購價相當合理。達證券認為，新那旺當地商業地段每平方英呎均價為110令吉(平均每平方英呎為59令吉)，永旺能以折價添置地庫，相信是商場承建工程將由地主承包的關係。豐隆說，以90萬零9千500平方英呎來計算，料該商場出租面積（NLA）為55萬至60萬平方英呎。預計永旺2014及2015財政年的資本開銷將增至5億至6億令吉。目前，永旺在芙蓉只有一座商場。
肯納格說，永旺最大的競爭對手特易購（Tesco）及巨人（Giant）已進駐當地，料該公司面臨一定的競爭。預料新商場將從2017財政年開始貢獻淨利。
http://biz.sinchew.com.my/node/106997?tid=18 Dec.2014 - FY2014
艾芬黃氏研究近日會晤管理層後被告知，該公司繼2014年在大山腳及太平各開一家商場，2015年將會在馬六甲及莎阿南各開設一家商場，出租面積（NLA）分別為500及600平方公尺。2016年將會在哥打峇魯開設出租面積達500平方公尺的商場。艾芬黃氏員相信，該公司為了迎合更多中下階層的市場需求，未來將在雪蘭莪鄉村地區開設更多的分店。
東馬人口佔大馬人口20%，永旺也計劃在2016及2017年，在砂拉越各開設一座商場。截至2013年，沙巴與砂拉越的人口達610萬人。
http://biz.sinchew.com.my/print/109687 Jan.2015 - FY2015
管理層表示，預計2015至2016年的資本開銷為4億至6億令吉，目前固定的營運現金流為4億5千萬令吉，該現金將充作購地、新商場開設及裝修用途。艾芬黃氏表示，截至2014年第三季，永旺的負債率為0.2倍，在未來2年負債率即使升至1倍，公司財務狀況依然處於相當舒適的水平。
http://biz.sinchew.com.my/node/110198 Jan.2015 - FY2015
永旺集团认为今年深具挑战，因为消费税开跑影响消费情绪；同时，为了攫取更高的市占率，永旺集团加速扩充活动，导致集团的成本和开销跟著走高。裴荣裕指出，目前我国经商成本不断攀高，包括开设新超市的成本，以及超市的营运成本如水电费、劳工薪资等开销也日益增加。此外，他也透露，公司今年的资本开销为7亿令吉，和去年的6亿6700万令吉相去不远，主要是用来开设新广场和购买地皮。永旺集团计划今年在怡保Klebang和莎阿南开设新广场，上述2家购物广场预计將分別在今年10月和11月落成。另外，该集团也计划明年第2季在吉兰丹哥打峇鲁开设广场。至于东马，该集团將进军古晋，预计在2017年次季完成。另外，永旺集团也购买柔佛州甘拔士和峇株巴辖的土地，作为未来发展。裴荣裕称。截至目前，集团拥有13块地库。
另外，永旺經過3年計劃，將正式進軍東馬，2017年次季將于砂拉越古晉開設新商場，新商場土地面積超過400平方尺。周瑪莉透露，目前在古晉還有另外兩項進行中的計劃，但未透露更多詳情。
另一方面，永旺今年將迎來怡保吉裡望（Klebang）和雪州莎阿南兩個新商場，分別于10月和11月投入營運；明年新據點位于吉蘭丹哥打峇魯。“吉蘭丹的商場建築工程即將結束，明年首季末或次季即可投入運作。”
http://www.chinapress.com.my/node/623714 May.2015
裴榮裕透露，今年商場出租率約93%，期望未來能保持90%或以上。
http://www.chinapress.com.my/node/623714 May.2015
仍持13块地库裴荣裕还指出，永旺目前在各地共持有13块地库，未来将用于建设新的永旺商场。以上地库包括了永旺近期于新那旺（Senawang）、甘拔士（Kempas）及峇株峇辖购置的新地库。永旺主席拿督阿都拉莫哈末尤索夫则表示，永旺集团未来的策略将是继续购地及建新的商场，或以15年至20年的租赁协议持续扩充旗下商场版图。目前，永旺的投资组合也蛮平均，租赁及完全持有各占50%比例。
http://ch.therakyatpost.com/财经透视/2015/05/21/aeon再掷rm7亿-今年另开3广场/ May.2015
During the AGM held yesterday, management guided that capex of RM700m has been set aside for FY15. Aeon malls in Shah Alam and Klebang are expected to come online in the fourth quarter, whilst the Kota Bharu mall is expected to open in the first or second quarter FY16.
(Hong Leong Research 22,May 2015)
(RHB Research August, 2015)
Competitor艾芬黃氏研究近日會晤管理層後被告知，該公司繼2014年在大山腳及太平各開一家商場，2015年將會在馬六甲及莎阿南各開設一家商場，出租面積（NLA）分別為500及600平方公尺。2016年將會在哥打峇魯開設出租面積達500平方公尺的商場。艾芬黃氏員相信，該公司為了迎合更多中下階層的市場需求，未來將在雪蘭莪鄉村地區開設更多的分店。
東馬人口佔大馬人口20%，永旺也計劃在2016及2017年，在砂拉越各開設一座商場。截至2013年，沙巴與砂拉越的人口達610萬人。
http://biz.sinchew.com.my/print/109687 Jan.2015 - FY2015
管理層表示，預計2015至2016年的資本開銷為4億至6億令吉，目前固定的營運現金流為4億5千萬令吉，該現金將充作購地、新商場開設及裝修用途。艾芬黃氏表示，截至2014年第三季，永旺的負債率為0.2倍，在未來2年負債率即使升至1倍，公司財務狀況依然處於相當舒適的水平。
http://biz.sinchew.com.my/node/110198 Jan.2015 - FY2015
永旺集团认为今年深具挑战，因为消费税开跑影响消费情绪；同时，为了攫取更高的市占率，永旺集团加速扩充活动，导致集团的成本和开销跟著走高。裴荣裕指出，目前我国经商成本不断攀高，包括开设新超市的成本，以及超市的营运成本如水电费、劳工薪资等开销也日益增加。此外，他也透露，公司今年的资本开销为7亿令吉，和去年的6亿6700万令吉相去不远，主要是用来开设新广场和购买地皮。永旺集团计划今年在怡保Klebang和莎阿南开设新广场，上述2家购物广场预计將分別在今年10月和11月落成。另外，该集团也计划明年第2季在吉兰丹哥打峇鲁开设广场。至于东马，该集团將进军古晋，预计在2017年次季完成。另外，永旺集团也购买柔佛州甘拔士和峇株巴辖的土地，作为未来发展。裴荣裕称。截至目前，集团拥有13块地库。
永旺集团主席拿督阿都拉今天出席该集团召开的股东常年大会后，在记者会上表示，生活成本逐年增加，造成人民改变消费心態，变得比以往更加谨慎开销。这点可以从我国自4月1日起实施消费税后印证。他说，「永旺集团今年3月份的销售量按年增加22%，然而，在4月份却按年下跌了20%。」
http://www.orientaldaily.com.my/business/cj215695 May.2015另外，永旺經過3年計劃，將正式進軍東馬，2017年次季將于砂拉越古晉開設新商場，新商場土地面積超過400平方尺。周瑪莉透露，目前在古晉還有另外兩項進行中的計劃，但未透露更多詳情。
另一方面，永旺今年將迎來怡保吉裡望（Klebang）和雪州莎阿南兩個新商場，分別于10月和11月投入營運；明年新據點位于吉蘭丹哥打峇魯。“吉蘭丹的商場建築工程即將結束，明年首季末或次季即可投入運作。”
http://www.chinapress.com.my/node/623714 May.2015
裴榮裕透露，今年商場出租率約93%，期望未來能保持90%或以上。
http://www.chinapress.com.my/node/623714 May.2015
仍持13块地库裴荣裕还指出，永旺目前在各地共持有13块地库，未来将用于建设新的永旺商场。以上地库包括了永旺近期于新那旺（Senawang）、甘拔士（Kempas）及峇株峇辖购置的新地库。永旺主席拿督阿都拉莫哈末尤索夫则表示，永旺集团未来的策略将是继续购地及建新的商场，或以15年至20年的租赁协议持续扩充旗下商场版图。目前，永旺的投资组合也蛮平均，租赁及完全持有各占50%比例。
http://ch.therakyatpost.com/财经透视/2015/05/21/aeon再掷rm7亿-今年另开3广场/ May.2015
During the AGM held yesterday, management guided that capex of RM700m has been set aside for FY15. Aeon malls in Shah Alam and Klebang are expected to come online in the fourth quarter, whilst the Kota Bharu mall is expected to open in the first or second quarter FY16.
(Hong Leong Research 22,May 2015)
AEON’s
2Q15 sales dipped 5.4% YoY to MYR811.1m, mainly due to weaker consumer spending
post goods and services tax (GST) implementation, with its retail segment
reporting a 7.8% YoY decline in revenue. The property management segment, on the other hand,
continues to be the saving grace for the group, having posted 8.7% YoY
sales growth, mainly on contributions from its new shopping centres. Last year, AEON opened a new
store in Quill City Mall, Kuala Lumpur, and two new malls in Bukit Mertajam and
Taiping.
2Q15 EBIT margin,
however, plunged to 3.2% (1Q14: 8.4%) as its retail business recorded a
segmental loss of MYR18.3m during the quarter. This can be
attributed to: i) slower sales growth, ii) higher operating costs, and iii)
greater initial costs associated with new store openings. Sequentially, 2Q15
revenue and earnings declined 30.3% QoQ and 52.5% QoQ respectively, due to
strong pre- GST buying in 1Q15.(RHB Research August, 2015)
传永旺（AEON，6599，主板贸服股）计划以至少8000万令吉，脱售位于蕉赖皇冠城的永旺购物商场。消息指出，该公司上月开始邀请有意者参与竞标，并将底价定在8000万令吉，且得标者需承担6%的消费税。根据该文件，永旺将竞标截止日期定在9月1日，不过据悉延长至上周才截止。
该公司是在2008年以2439万令吉购入该批土地，并兴建蕉赖皇冠城永旺购物商场，该商场拥有680个停车位，建成面积为29万9979平方尺。截至去年12月31日，该商场的净账面价值为5909万令吉。
永旺执行董事裴荣裕未有针对此事，作出回应。
消息指，永旺计划脱售该购物商场，主要是为了配合业务方向转型，以及避免发生自身蚕食的情况，而未来发展策略是拥有占地至少12英亩的大商场。
这并非永旺首次脱售旗下的购物商场，回顾2005年，该公司以1亿2100万令吉，脱售霹雳怡保近打镇的购物商场后再回租。2013年，该公司也以2000万令吉将柔州大学城购物商场的18.18%股权，售予永旺产托。
http://www.nanyang.com/node/725413?tid=460 Sept.2015 - FY2015
The rise of 99 Speedmart. We notice that mini market operator 99 Speedmart has opened new stores rapidly over the years. From one store in 1987, it now has 321 stores and all are located within Kuala Lumpur and the state of Selangor. At the opening of one of its stores last year, management said that the company is looking to set up 400- 500 stores in the Klang Valley before moving out to major cities nationwide. We do not see 99 Speedmart as a direct competitor of AEON as it has its niche market which provides convenience to its customers in the neighborhood.
(Maybank IB April2012 - FY2012)
Share price/Valuation
(Hong Leong Research 22,May 2015)
Borrowings
Dividend Policy
Shareholdings
Corporate exercise
(I) PROPOSED BONUS ISSUE OF 351,000,000 NEW ORDINARY SHARES OF RM1.00 EACH IN AEON (“AEON SHARES”) (“BONUS SHARES”) TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY ONE (1) EXISTING AEON SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED (“ENTITLEMENT DATE”) (“PROPOSED BONUS ISSUE”);
(II) PROPOSED SHARE SPLIT INVOLVING THE SUBDIVISION OF ONE (1) AEON SHARE HELD ON THE ENTITLEMENT DATE AFTER THE PROPOSED BONUS ISSUE INTO TWO (2) ORDINARY SHARES OF RM0.50 EACH IN AEON (“SUBDIVIDED SHARES”) (“PROPOSED SHARE SPLIT”);
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1552745 Feb.2014 - FY2014
Reference is made to the Company’s announcement dated 2 October 2013 in relation to the Sale and Purchase Agreement dated 2 October 2013 (“Agreement”) entered into between the Company and AEON REIT INVESTMENT CORPORATION (“J-REIT”) for the disposal of 18.18% undivided share of a piece of land held under Geran Hakmilik No.76558, Lot No. 49045, Mukim Pulai, Daerah Johor Bahru, Negeri Johor (“Land”) together with 18.18% undivided share of the AEON Taman Universiti Shopping Centre erected thereon (“Building”) from the Company to J-REIT in accordance with the terms and conditions stipulated in the Agreement. The Land and the Building are collectively referred to as the “Property”.
The Board of Directors of the Company wishes to announce that the disposal of 18.18% undivided share of the Property ("J-REIT Share") and the transfer of the J-REIT Share to the Company as trustee for J-REIT has been completed on 25 June 2014
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1666893 June.2014 - FY2014
Results
- 鑒於整體分店表現良好，加上今年成功開設多家分店，永旺（AEON, 6599, 主板貿服組）截至2010年9月30日第三季淨利成長42.91%至4千621萬令吉，促使首9個月淨利走挺55.88%至1億2千125萬6千令吉。第三季營業額僅小揚1.38%至7億零882萬9千令吉，前期為6億9千915萬4千令吉，而首9個月營業額則較前期20億3千142萬8千令吉，上升5.09%至21億3千477萬6千令吉。
- 該公司發文告表示，第三季淨利較第二季來好，主要是因為佳節帶來高銷售，以及公司繼續成本調控和加強效益的成果。http://biz.sinchew.com.my/node/41485 (Dec.2010 - FY2010)
永旺亦在今日宣佈本財年首季業績，淨利按年增13%至4661萬令吉，但營業額下滑1%至7億2065萬令吉。公司在文告解釋，首季會員促銷次數減少、部分分行暫時關閉裝修內部，為營業額減少主因，但不影響淨利。
http://www.chinapress.com.my/print/219908 (May.2011 - FY2011)
由於獲馬六甲購物商場失火保險索償助一臂之力，永旺截至2011年3月31日止首季，淨利增長13.23%至4千661萬令吉，前期為4千116萬5千令吉。營業額微挫1.32%至7億2千零64萬8千令吉，主要是受失火影響，一些商場臨時關方便裝修用途，導致更低的銷售額。
http://biz.sinchew.com.my/node/47714?tid=6 (May.2011 - FY2011)
- The group achieved a 4Q11 revenue growth of 9% YoY and 11% QoQ in the retail segment, as a result of the first full quarter’s contribution from the reopened Jusco Bandar Utama, together with a higher number of discount days and loyalty members’ sales days in that quarter itself.
- In 2011, the business improved on higher occupancy and rental rates. Net revenue from this segment grew 1.5% YoY despite the loss of the management contract for Jusco Bandar Utama.
(Maybank IB Feb2012 - FY2011)
The company’s 1HFY12 revenue came in higher by 9.3% at RM1,538.1m while core net profit leaped by 17.7% to RM75.9m (excluding net insurance gain of RM10.9m from 1HFY11). The YTD earnings make up 38% of our FY12 forecast but we deem the results in line as 2H is seasonally stronger. The decent performance was underpinned by better revenue from the retailing and property management services segments. Revenue for retailing surged by 8.5% y-o-y from RM1,226.4m to RM1,330.3m, thanks to contributions from its new stores, the reopening of another store which had been temporarily closed for upgrading, and a higher number of loyalty card members’ sales days held. Likewise, property management services’ sales registered a 14.9% y-o-y growth, largely driven by the opening of new shopping centres and store revamps amongst the tenants in some of its existing shopping centers.
(OSK Research Aug.2012 - FY2012)
- 9M12 operating profit increased by merely 2% to MYR178m despite healthy sales growth. Improvements in the mall management segment were offset by the margin erosion in the retail business. This is partially due to the start-up operating costs from the new stores but we expect the situation to improve towards the year end as shopping activities intensify. Notably, the mall management segment has outperformed the retail business, contributing 61% of the group pretax profit in 9M12, compared to 50% in 9M11.
(Maybank IB Nov2012 - FY2012)
- Revenue from the mall management business has improved continuously in the last two years, with 1Q13 revenue up 17% YoY and 3% QoQ to MYR118m. More importantly, operating profit from the division jumped 31% YoY to MYR46m, accounting for 64% of the group’s operating profit in 1Q13. The improved performance was partially due to its new malls in Station 18, Ipoh (opened in Mar 2012) and Seri Manjung, Perak (Dec 2012) coupled with higher rental rates at its existing malls, which saw operating margins at the division rising 4ppts YoY.
(Maybank IB May2013 - FY2013)
- 达证券分析员表示，永旺集团首季净利符合预测，各占达证券及市场全年预测的21%以及22%，这主要是归功於更强的销售表现。此外，该集团营业额获得成长，主要是因为零售业务与產业都双双作出贡献。其中，零售业务成长10.7%，至7亿5120万令吉；產业亦成长17.1%，至1亿1800万令吉。
http://www.orientaldaily.com.my/index.php?option=com_k2&view=item&id=56869:&Itemid=198 (May.2013 - FY2013)
- Group revenue grew modestly by 5.7% YoY to MYR893m. Retail sales growth was driven by a higher number of loyalty card members’ days, while rental income from property management expanded 5% YoY aided by increased contributions from its existing and new shopping centres – AEON Station 18 and AEON Seri Manjung. Group net profit expanded by a faster pace of 11% YoY as the group managed to achieve slightly higher operating margin of 9.1%, coupled with the lower tax rate of 30.4% in 3Q13.
- More importantly, operating margin of the retail segment improved to 5.6% in 3Q13, from 4.5% in 3Q12. As a result, operating profit from the retail segment surged 31% and 32% YoY in 3Q13 and 9M13 respectively. For 4Q13, we expect retail margin to expand further to the 9-10% level as the group typically enjoys higher margins during the year end school holidays and festival season.
(Maybank IB Research Nov.13 - FY2013)
- 永旺首9個月淨利上揚22.2%至1億5千550萬令吉，分析員對其扎實基礎、強大品牌和凌厲擴充信心十足，這一切足以讓永旺維持亮麗前景。
- 馬銀行研究預期，第四季零售賺益會大約倍增至9至10%水平，主要是學校假期與年終節慶的到來。
- 永旺首9個月營業額揚8.3%至2億5千810萬令吉，其中零售升8.1%、產業管理揚10.1%，淨利上揚主要是賺益由5.3%升至6%。
- 集團第三季淨利按年增長11%，主要是受更高營運盈利（9.1%）所推動，更低稅率（30.4%）亦是功臣。其中第三季零售賺益由前季的4.5%，上揚至5.6%，使零售營運盈利升31%，首3季則增32%
http://biz.sinchew.com.my/node/86071?tid=18 (Nov.2013 - FY2013)
- We revise our FY13 and FY14 earnings forecasts slightly lower - by 3-4% - owing to higher depreciation from the heavier capex arising from new stores. Maintain NEUTRAL, with a new FV of MYR15.90 (from MYR16.00). The stock is currently trading near its historical P/E of 23x, which we deem fair.
(RHB IB Dec2013 - FY2013)
Bear case/Challenge
- 寻找合适的地点和得到政府批准，是有一定的困难。
- 该公司将业务版图拓展至沙巴与砂拉越，将会面对物流与管理上的挑战。
- 永旺大馬產業被母公司產托化的可能
-
Competition between mall operators is, however,
heating up, with: i) construction players venturing into mall operation (eg
WCT’s Paradigm Mall), ii) department stores starting to operate malls
(eg Parkson’s Festival City Mall), and iii) hypermarkets like Tesco
revamping their tenant mix.
(RHB IB Dec2013 - FY2013) - 面對消費者放緩消費GST http://biz.sinchew.com.my/node/110198 Jan.2015
- 更多同領域公司進軍產業管理風險 http://biz.sinchew.com.my/node/110198 Jan.2015
Bull case
- 永旺亦計劃在2020年以前，將國內的永旺購物中心數量從現有的27家增至100家。
- 尾山長久指出，公司希望在2020年以前，成為亞洲頂尖的零售業者，並在此區域達到450億令吉銷售量。
- 永旺東盟區首席執行員尾山長久披露，永旺東盟放眼成為東盟區加印度的零售業三甲；不包括印度在內，東盟區常年營業額放眼450億令吉，2013與2014年越南、印度、柬埔寨超級市場將投入服務。
- Strong franchise value
- An expanding base of stable recurring revenue from mall management
- The tie-up with ILM, a Thailand-based furniture retailer, would enable AEON to expand its business into furniture retailing by providing complete selections of unique designed and high quality home and office furniture and various home fashion products accessories and related services.
(RHB IB Novl2013 - FY2013)
