Establishing a three-headquarters structure in Asia and accelerating the shift to Asian markets as a group-wide effort Launch of the Aeon Group’s ASEAN Headquarters

Establishing a three-headquarters structure in Asia and accelerating the shift to Asian markets as a group-wide effort Launch of the Aeon Group’s ASEAN Headquarters

We are pleased to announce the commencement of operations of AEON ASIA SDN. BHD. (“Aeon Group’s
ASEAN Headquarters”) in Kuala Lumpur, Malaysia, on Thursday, November 1, 2012. The new company will
control and support group companies in the ASEAN region.
As one of the Group’s common strategies in the three-year Medium-Term Management Plan (FY2011 through
FY2013), Aeon designated a shift to Asian markets, which aims for substantial growth in the ASEAN region and
China. Under this strategic policy, we began operations of the Group’s China Headquarters in Beijing, China last
March. The launch of the Aeon Group’s ASEAN Headquarters will mark the establishment of a three-headquarters
structure consisting of Japan, China, and ASEAN.
The Aeon Group’s ASEAN Headquarters will promote “glocal management,” which combines global
management perspectives from a holistic approach and locally-oriented management, and reinforcement of
management foundations, in order to accelerate Group-wide efforts to achieve growth in the ASEAN region. The
new company will make timely decisions in a proactive and independent manner and deploy functions necessary
to promote prompt growth strategies of each Group business, such as the formulation of growth strategies for the
Group.
Aeon currently operates in six ASEAN countries, including Malaysia, Thailand, the Philippines, Indonesia,
Vietnam and Cambodia. In the future, we intend to seek synergy beyond the boundaries of retail, developer,
financial services and service businesses under the Aeon Group’s ASEAN Headquarters and promote Group-wide
efforts to expand operations in the ASEAN region.
Aeon will accelerate its shift to Asian markets under its “Customer-first” philosophy with the aim of becoming
Asia’s no.1 retailer that combines growth and profitability

[Outline of the new company]
Company name: AEON ASIA SDN. BHD. (Aeon Group’s ASEAN Headquarters)
Establishment: November 11, 2011
Start of business: November 1, 2012
Capital stock: 29 million ringgit (approx. 700 million yen)
Address: Cheras district, Kuala Lumpur, Malaysia
Representative: Nagahisa Oyama, President
(Vice President and Chief Executive Officer of the ASEAN Business at AEON CO., LTD.)
[Organization of the Aeon Group’s ASEAN Headquarters]
[New post] [Present post] [Name]
President Vice President and Chief Executive Officer of the ASEAN
Business, AEON CO., LTD.
Nagahisa Oyama
Vice President Assistant to the Chief Executive Officer of the ASEAN
Business, AEON CO., LTD.
Mamoru Kuchihiro
Director Managing Director, AEON Co.(M)Bhd. Nur Qamarina Chew
Director Managing Director, AEON(Thailand)CO., LTD. Kenichi Hirao
Director Operation Division Manager, AEON(Thailand)CO., LTD. Sumalee Lerkdee
Director Temporary appointment to AEON Co.(M)Bhd. Tomio Yokoyama
(Note) Nagahisa Oyama, Nur Qamarina Chew, Kenichi Hirao and Sumalee Lerkdee will retain their present
respective posts.
<Profile of the representative>
Name: Nagahisa Oyama
Date of birth: December 26, 1954
Career summary:
March 2011 Vice President and Chief Executive Officer of the ASEAN Business, AEON CO., LTD.
(present)
June 2005 Managing Director, AEON Co.(M)Bhd.
August 2002 Head of the Higashi Mikawa Shizuoka Business, AEON CO., LTD.
August 2000 Chairman of the Aeon Kochi Store Opening Committee, AEON CO., LTD.
September 1995 Chairman of the Jusco Kaganosato Store Opening Committee, Hokuriku Jusco Co., Ltd.
September 1991 Chairman of the Jusco Tonami Store Opening Committee, Hokuriku Jusco Co., Ltd.
April 1977 Joined Hokuriku Jusco Co., Ltd.

 

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