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AEON Profit Rises By 19 per cent

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Recent acquisitions has helped AEON with a 19 per cent rise in its nine month operating profit to JPY106.5 billion ($907.7 million) for the period ended Nov. 20th 2006.

However, its nine- month same- store sales fell short by one per cent of its year- on- year forecast. In a move to become Japan’s biggest retail group, succeeding Seven & I, AEON won exclusive rights last October to discuss buying a 15 per cent stake in Daiei

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