Integrated annual report 2025

Our Vision and Mission

AEON CO. (M) BHD. was incorporated in Malaysia on 15 September 1984 following an invitation by the Malaysian Government to support the modernisation of the nation’s retail sector. Since then, the Company has grown into a leading player in retail and property management services, playing an integral role in shaping Malaysia’s modern retail landscape.

Vision
To create smiles and connect hearts
Mission
To excite customers’ experience that brings joy and happiness
Values
  • With EMPATHY, we LISTEN
  • With COMPASSION, we RESPECT
  • With INTEGRITY, we TRUST
  • With KINDNESS, we ACT

Our Presence

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Letter from the Chairman

Datuk Iskandar Sarudin

Non-Independent Non-Executive Chairman


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SEIZING OPPORTUNITIES

IN A DYNAMIC MARKET

Dear Valued

Shareholders,

On behalf of the Board of Directors, I am honoured to present the Integrated Annual Report 2025 of AEON CO. (M) BHD. This year marks another meaningful chapter in our journey, one that reinforces AEON’s enduring purpose of enriching lives and shaping Malaysia’s evolving retail landscape through innovation and community connection.

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From the Desk of the Managing Director

LEVERAGING AN INTEGRATED RETAIL AND PROPERTY MANAGEMENT MODEL

TO DEEPEN ENGAGEMENT AND UNLOCK VALUE

Dear Valued

Shareholders,

It is both a privilege and an honour to address you in my new capacity as Managing Director following my appointment on 1 March 2026. Having served as AEON’s Deputy Managing Director since July 2022, I bring with me a deep appreciation of AEON’s strategy, values and operational dynamics, which I intend to build upon as we take the Company forward.

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Download From the Desk of the Managing Director

MR. TSUGUTOSHI SEKO

Managing Director

Download From the Desk of the Managing Director

5-Year Financial Highlights

Value Creation Model

AEON’s Value Creation Model is anchored in our commitment to sustainable growth, shared prosperity, and societal well-being. Guided by the AEON Foundational Ideals of pursuing peace, respecting humanity, and contributing to local communities, always with customers as our starting point, we adopt an integrated approach to creating long-term value for our stakeholders.

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Value Creation

 Click to enlarge
AEON Living Zone Ecosystem
STRATEGIC PRIORITIES

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Our Approach To Sustainability

At AEON, sustainability is deeply rooted in our corporate philosophy and commitment to creating a better future for our customers, communities, and planet. Our approach is guided by the AEON Foundational Ideals of pursuing peace, respecting humanity, and contributing to the local communities, always with customers as our starting point. These principles have been fundamental in shaping our sustainability framework and initiatives.

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NOTICE OF

41ST

ANNUAL
GENERAL
MEETING
Date & Time
20 May 2026 (Wednesday), 2.00 p.m.
Meeting Venue
Grand Ballroom, Level 2,
InterContinental Kuala Lumpur,
165, Jalan Ampang,
50450 Kuala Lumpur, Malaysia
Show in Map
Online Meeting Platform
Boardroom Smart Investor Portal (“BSIP”) at
https://investor.boardroomlimited.com