AEON Financial Service's Profit Soars 106% in Fiscal Q1

AEON Financial Service's (TYO:8570) profit attributable to owners of the parent surged 106% to 8.97 billion yen for the fiscal first quarter from 4.36 billion yen a year earlier. The credit services company's earnings per share increased to 41.53 yen from 20.19 yen a year ago, according to a Tokyo bourse filing on Thursday. Operating revenues jumped nearly 13% to 153.9 billion yen for the three months ended May 31 from 136.6 billion yen in the prior-year period. It declared a second-quarter dividend of 25 yen per share and plans a year-end dividend of 28 yen per share for the year, which is higher than the total 53 yen per share paid in the year-ago period. For the fiscal year ending Feb. 28, 2027, the company expects attributable profit of 15 billion yen, basic EPS of 69.48 yen and operating revenues of 600 billion yen.