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Aeon to fully own Daiei

TOKYO, Japan - Motoya Okada, president of Japan's biggest retailer Aeon Co., tells a press conference in Tokyo on Sept. 24, 2014, it will buy the remaining shares in Daiei Inc. to make the struggling supermarket chain a wholly owned subsidiary as part of efforts to turn around the company.

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Aeon, Marubeni agree to integrate 3 food supermarket chains

TOKYO, Japan - Leaders of the Aeon retail group, Marubeni Corp. and two food supermarket chains pose in Tokyo on May 19, 2014, after announcing their agreement to integrate three supermarket chains. From R: Aeon Co. President Motoya Okada, Marubeni Senior Executive Vice President Mitsuru Akiyoshi, Maruetsu Inc. President Makoto Ueda and Kasumi Co. Chairman Hiromasa Kohama.

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Aeon opens shopping mall in Vietnam

HO CHI MINH CITY, Vietnam - Motoya Okada (R), president of Japanese supermarket chain operator Aeon Co., holds a press conference in Ho Chi Minh City on Jan. 11, 2014, to mark the opening there that day of an Aeon shopping mall, its first in Vietnam.

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Aeon to make Daiei a unit

TOKYO, Japan - Aeon Co. President Motoya Okada answers a reporter's question at a press conference in Tokyo on March 27, 2013. Japan's top retailer Aeon will increase its stake in Daiei Inc. through a takeover bid to make the smaller supermarket retailer a subsidiary, the two companies said the same day.

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Aeon breaks ground for Cambodian mall

PHNOM PENH, Cambodia - Motoya Okada, chief executive officer of Aeon Co., speaks during a ceremony in Phnom Penh on Dec. 10, 2012, which was held as the Japanese shopping mall operator broke ground in the capital of Cambodia on the first overseas-invested mall in the country.

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Aeon records group net profit for FY 2009

TOKYO, Japan - Motoya Okada, president of Aeon Co., speaks about the company's earnings report for the business year ended in February at a news conference in Tokyo on April 14, 2010. Aeon reported a group net profit of 31.12 billion yen, its first black ink in two years, but consolidated sales dropped 3.4 percent, marking the first decline since Aeon began making public its consolidated business results in fiscal 1983.

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Aeon records group net profit for FY 2009

TOKYO, Japan - Motoya Okada, president of Aeon Co., speaks about the company's earnings report for the business year ended in February at a news conference in Tokyo on April 14, 2010. Aeon reported a group net profit of 31.12 billion yen, its first black ink in two years, but consolidated sales dropped 3.4 percent, marking the first decline since Aeon began making public its consolidated business results in fiscal 1983.

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Mitsubishi, Aeon form business tie-up

TOKYO, Japan - Yorihiko Kojima (R), president of Mitsubishi Corp., and Motoya Okada, president of Aeon Co., shake hands after a press conference at a hotel in Tokyo on Dec. 16. Mitsubishi and Aeon formed a business tie-up to combat rising global competition in consumer markets and deteriorating economic conditions amid the worldwide financial turmoil.

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Aeon to take drugstore chain CFS under its wings

TOKYO, Japan - Aeon Co. President Motoya Okada (R) and CFS Corp. Chairman and President Kenji Ishida pose for photographers at a news conference in Tokyo on March 17 after the two companies announced that Aeon will raise its equity stake in CFS, a drugstore chain, to a maximum of 33.3 percent from the current 15 percent, effectively taking CFS under its wings.

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Aeon, Sanyo to develop home appliances for sale under Aeon brand

TOKYO, Japan - Seiichiro Sano (L), president of Sanyo Electric Co., and Motoya Okada, president of Aeon Co., shake hands at a Tokyo hotel on Nov. 28 after a press conference. They announced the two companies will jointly develop home electronics products to be sold under Aeon's private brand Topvalu.

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JAL, Aeon to form alliance, collaborate on card business

TOKYO, Japan - Haruka Nishimatsu (R), president of Japan Airlines Corp., and Motoya Okada, president of retail giant Aeon Co., pose for photographs after announcing a tie-up deal in Tokyo on Oct. 9 that envisions cooperation in wide-ranging business activities.

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Aeon, Maruetsu, Marubeni to tie up in product buying, distribution

TOKYO, Japan - (From L to R) Marubeni Corp. President Nobuo Katsumata, Maruetsu Inc. President Keizo Takahashi and Aeon Co. President Motoya Okada pose for a photo after announcing a tripartite business tie-up at a press conference in Tokyo on July 10.

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Aeon sees record group operating profit, revenues in FY 2006

TOKYO, Japan - Motoya Okada (L), president of Aeon Co., at a news conference in Tokyo on April 4 where he announced that the company's group operating profit and revenues in the business year to February 2007 reached all-time highs for the seventh straight year.

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Daiei, Aeon, Marubeni join hands

TOKYO, Japan - (From L to R) Motoya Okada, president of Japan's major supermarket chain Aeon Co., Nobuo Katsumata, president of trading house Marubeni Corp., and Toru Nishimi, president of struggling retailer Daiei Inc., join hands as the three companies signal they will join forces to create Japan's top retail group.

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Aeon's midterm group sales hit record high

TOKYO, Japan - Motoya Okada, president of major supermarket chain operator Aeon Co., speaks at a press conference in Tokyo on Oct. 4. He said that both group sales and operating profit hit record highs in the Feb. 21-Aug. 20 period of the 2006 business year.

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Aeon decides to tap into banking business as early as 2007

TOKYO, Japan - Motoya Okada (R), president of major supermarket chain Aeon Co., and Yoshiki Mori, president of Aeon Credit Service Co., give a joint press conference in Tokyo on March 10 on their companies' decision to tap into the banking business as early as the spring of 2007. They said the companies plan to build on their 1,500 stores and 13.7 million Aeon credit card holders in Japan.

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Aeon acquires Carrefour's Japan unit

TOKYO, Japan - Philippe Jarry (L), managing director for Asia of French retailer Carrefour SA, listens as Motoya Okada, president of Japanese supermarket chain operator Aeon Co. speaks at a press conference in Tokyo on March 10. The two companies said they have agreed on Aeon's acquisition of Carrefour's Japan unit through the transfer of all its shares.

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Aeon set to acquire stake in Sunday

TOKYO, Japan - Aeon Co. President Motoya Okada (R) and Sunday President Keizo Tamura (L) give a joint press conference in Tokyo on Aug. 18. Okada said his company will soon acquire a 20% stake in Sunday, which operates 45 do-it-yourself stores in Hokkaido, Aomori, Iwate, Akita and Miyagi prefectures.

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Retailer Aeon to become sponsor for failed Mycal

TOKYO, Japan - Motoya Okada (L), president of Aeon Co., announces at a press conference in Tokyo on Nov. 22 that his company will sponsor failed supermarket chain Mycal Corp. to help rehabilitate it. Mycal President Kazuo Urano (R) was also present at the conference.

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Retailer Aeon to become sponsor for failed Mycal

TOKYO, Japan - Motoya Okada (L), president of Aeon Co., announces at a press conference in Tokyo on Nov. 22 that his company will sponsor failed supermarket chain Mycal Corp. to help rehabilitate it. Mycal President Kazuo Urano (R) was also present at the conference.

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Aeon decides to tap into banking business as early as 2007

TOKYO, Japan - Motoya Okada (R), president of major supermarket chain Aeon Co., and Yoshiki Mori, president of Aeon Credit Service Co., give a joint press conference in Tokyo on March 10 on their companies' decision to tap into the banking business as early as the spring of 2007. They said the companies plan to build on their 1,500 stores and 13.7 million Aeon credit card holders in Japan. (Kyodo)

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Aeon's midterm group sales hit record high

TOKYO, Japan - Motoya Okada, president of major supermarket chain operator Aeon Co., speaks at a press conference in Tokyo on Oct. 4. He said that both group sales and operating profit hit record highs in the Feb. 21-Aug. 20 period of the 2006 business year. (Kyodo)

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Daiei, Aeon, Marubeni join hands

TOKYO, Japan - (From L to R) Motoya Okada, president of Japan's major supermarket chain Aeon Co., Nobuo Katsumata, president of trading house Marubeni Corp., and Toru Nishimi, president of struggling retailer Daiei Inc., join hands as the three companies signal they will join forces to create Japan's top retail group. (Kyodo)

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Aeon sees record group operating profit, revenues in FY 2006

TOKYO, Japan - Motoya Okada (L), president of Aeon Co., at a news conference in Tokyo on April 4 where he announced that the company's group operating profit and revenues in the business year to February 2007 reached all-time highs for the seventh straight year. (Kyodo)

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Aeon, Maruetsu, Marubeni to tie up in product buying, distributi

TOKYO, Japan - (From L to R) Marubeni Corp. President Nobuo Katsumata, Maruetsu Inc. President Keizo Takahashi and Aeon Co. President Motoya Okada pose for a photo after announcing a tripartite business tie-up at a press conference in Tokyo on July 10. (Kyodo)

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JAL, Aeon to form alliance, collaborate on card business

TOKYO, Japan - Haruka Nishimatsu (R), president of Japan Airlines Corp., and Motoya Okada, president of retail giant Aeon Co., pose for photographs after announcing a tie-up deal in Tokyo on Oct. 9 that envisions cooperation in wide-ranging business activities. (Kyodo)

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Aeon, Sanyo to develop home appliances for sale under Aeon brand

TOKYO, Japan - Seiichiro Sano (L), president of Sanyo Electric Co., and Motoya Okada, president of Aeon Co., shake hands at a Tokyo hotel on Nov. 28 after a press conference. They announced the two companies will jointly develop home electronics products to be sold under Aeon's private brand Topvalu. (Kyodo)

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Aeon to take drugstore chain CFS under its wings

TOKYO, Japan - Aeon Co. President Motoya Okada (R) and CFS Corp. Chairman and President Kenji Ishida pose for photographers at a news conference in Tokyo on March 17 after the two companies announced that Aeon will raise its equity stake in CFS, a drugstore chain, to a maximum of 33.3 percent from the current 15 percent, effectively taking CFS under its wings. (Kyodo)

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Mitsubishi, Aeon form business tie-up

TOKYO, Japan - Yorihiko Kojima (R), president of Mitsubishi Corp., and Motoya Okada, president of Aeon Co., shake hands after a press conference at a hotel in Tokyo on Dec. 16. Mitsubishi and Aeon formed a business tie-up to combat rising global competition in consumer markets and deteriorating economic conditions amid the worldwide financial turmoil. (Kyodo)

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Aeon acquires Carrefour's Japan unit

TOKYO, Japan - Philippe Jarry (L), managing director for Asia of French retailer Carrefour SA, listens as Motoya Okada, president of Japanese supermarket chain operator Aeon Co. speaks at a press conference in Tokyo on March 10. The two companies said they have agreed on Aeon's acquisition of Carrefour's Japan unit through the transfer of all its shares. (Kyodo)

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Aeon partners with 2 major retailers in Vietnam

Aeon Co. President Motoya Okada (C) announces in Tokyo on Jan. 27, 2015, the formation of a capital and business alliance between the Japanese retail giant and Vietnam's two major retailers - Fivimart Co. in Hanoi and Citimart Co. in Ho Chi Minh City - to expand its business in the country. Aeon is aiming to have 200 stores in Vietnam. (Kyodo) ==Kyodo

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Aeon records group net profit for FY 2009

TOKYO, Japan - Motoya Okada, president of Aeon Co., speaks about the company's earnings report for the business year ended in February at a news conference in Tokyo on April 14, 2010. Aeon reported a group net profit of 31.12 billion yen, its first black ink in two years, but consolidated sales dropped 3.4 percent, marking the first decline since Aeon began making public its consolidated business results in fiscal 1983. (Kyodo)

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Aeon records group net profit for FY 2009

TOKYO, Japan - Motoya Okada, president of Aeon Co., speaks about the company's earnings report for the business year ended in February at a news conference in Tokyo on April 14, 2010. Aeon reported a group net profit of 31.12 billion yen, its first black ink in two years, but consolidated sales dropped 3.4 percent, marking the first decline since Aeon began making public its consolidated business results in fiscal 1983. (Kyodo)

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Aeon to fully own Daiei

TOKYO, Japan - Motoya Okada, president of Japan's biggest retailer Aeon Co., tells a press conference in Tokyo on Sept. 24, 2014, it will buy the remaining shares in Daiei Inc. to make the struggling supermarket chain a wholly owned subsidiary as part of efforts to turn around the company. (Kyodo)

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Aeon to tie up with Ocado Group

Motoya Okada, president of Japanese retail chain Aeon Co., and British online grocery retailer Ocado Group CEO Tim Steiner shake hands during a press conference in Tokyo on Nov. 29, 2019, after announcing they will tie up to strengthen Aeon's online grocery business. (Kyodo) ==Kyodo

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Aeon set to acquire stake in Sunday

TOKYO, Japan - Aeon Co. President Motoya Okada (R) and Sunday President Keizo Tamura (L) give a joint press conference in Tokyo on Aug. 18. Okada said his company will soon acquire a 20% stake in Sunday, which operates 45 do-it-yourself stores in Hokkaido, Aomori, Iwate, Akita and Miyagi prefectures. (Kyodo)