Aeon sets 50% female manager goal

May 18, 2013

Aeon sets 50% female manager goal

Retail giant Aeon Co. plans to have women filling 30 percent of managerial positions by 2016 and 50 percent by 2020, President Motoya Okada said. Only around 10 percent of all managers at its roughly 200 group companies are women, due in part to ...

Apr 9, 2013

Aeon exec to steer Daiei unit

A senior executive of retailer Aeon Co. will become the new president of Daiei Inc. after the superstore operator is turned into a subsidiary, sources said Monday. Shouhei Murai, 63, spearheaded the effort to reform Aeon’s superstore business through cost-cutting and other measures. His ...

Aeon to take over Daiei in bid for dominance

Mar 31, 2013

Aeon to take over Daiei in bid for dominance

Aeon Co. announced Wednesday it will increase its stake in Daiei Inc. to turn the smaller superstore chain into a subsidiary, creating a massive retailing group that will have combined sales in excess of ¥6 trillion. Aeon, which owns a 19.9 percent stake in ...

Aeon makes play for control of Daiei

Mar 19, 2013

Aeon makes play for control of Daiei

Retail giant Aeon Co. is looking to become the top shareholder of Daiei Inc. by buying shares in the retailer from the major trading house Marubeni Corp., sources said. Aeon has already approached Marubeni, which is Daiei’s biggest shareholder with a stake of about ...