Situated in close proximity to 3 stations, ÆON MALL Aratamabashi is an urban shopping mall offering excellent public transportation access on a site surrounded by high-density residential areas. The facility is intended to serve as a daily urban shopping center offering new value to its users. Although annualized sales for the mall as a whole fell slightly below our initial targets, we expect revisions, including those to our apparel MD strategy, to result in increased sales going forward.

Located on the main prefectural traffic artery of National Route 24, and within 5 kilometers of the Keinawa and Nishi-Meihan expressways, ÆON MALL Yamatokoriyama is easily accessible from a wide area. The entire facility borrows from traditional Japanese aesthetics both for the exterior and the interior to create a shopping mall that harmonizes with the history and culture of Nara. Sales figures were strong for the mall as a whole and we expect the opening of the new cinema complex in July, 2011, to result in further sales growth.

Located near the Hachijo exit of Kyoto Station, this shopping mall forms the heart of a private-sector urban revitalization project to develop the southern side of the station. In our first shopping mall located in front of a major urban train station, we are striving to provide a comfortable shopping environment not only for local residents, but also for visitors to Kyoto from around Japan and overseas. The mall is to be the region’s first one-stop solution, not only for shopping, but also as a hub for interaction in the area around Kyoto Station. Annualized sales figures for the mall as a whole were robust and approximately in line with our initial targets.