TOKYO, April 12 Top Japanese retailer Aeon Co
on Wednesday said its annual operating profit rose 4
percent, as growing sales at its supermarkets and drugs stores
helped prop up struggling general merchandise stores.
Operating profit came in at 184.7 billion yen ($1.7 billion)
for the year ended Feb. 28, below the company's estimate of 190
billion yen. Nine analysts surveyed by Thomson Reuters had
forecast an average operating profit of 185.9 billion yen.
The retailer said it expected operating profit to come in at
195 billion yen for the current year.
($1 = 109.5100 yen)
(Reporting by Sam Nussey; Editing by Himani Sarkar)