AEON Credit Service (Asia) Company Limited (900) Announces Renewal of Brand Royalty Agreement with AFS Japan

Bulletin Express02-26

AEON Credit Service (Asia) Company Limited (900) has entered into a 2026 Royalty Renewal Agreement with AEON Financial Service Co., Ltd. (AFS Japan) to extend the use of AEON Trademarks for one year from 1 March 2026 to 28 February 2027. Under this arrangement, a 0.375% Royalty will be charged on the Group’s audited consolidated operating revenue for the financial year ending 28 February 2027, with payments settled in JPY half-yearly. The annual cap for the Royalty is set at HK$9.00 million, approximately equal to 140.00 million JPY, allowing a buffer for exchange rate fluctuations.

AFS Japan, which holds about 56.86% of the Company’s issued shares, is considered a connected person. As each applicable percentage ratio is above 0.1% but below 5%, the renewed arrangement is classified as a continuing connected transaction under Chapter 14A of the Listing Rules, subject to reporting, announcement, and annual review requirements but exempt from independent shareholders’ approval.

According to official data, HK$3.52 million (67.62 million JPY) was paid as Royalty for the period from 1 September 2024 to 28 February 2025. The total figure is expected to reach up to HK$7.10 million (136.60 million JPY) for the year ending 28 February 2026. The Board considers the arrangement beneficial for preserving the use of the AEON Trademarks and believes the terms are fair and reasonable, aligning with the Company’s ordinary course of business.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1156061297?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-26 19:03","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1156061297","market":"us","top_or_hot":-1,"title":"AEON Credit Service (Asia) Company Limited (900) Announces Renewal of Brand Royalty Agreement with AFS Japan","media":"Bulletin Express","content":"<p>AEON Credit Service (Asia) Company Limited (900) has entered into a 2026 Royalty Renewal Agreement with AEON Financial Service Co., Ltd. (AFS Japan) to extend the use of AEON Trademarks for one year from 1 March 2026 to 28 February 2027. Under this arrangement, a 0.375% Royalty will be charged on the Group’s audited consolidated operating revenue for the financial year ending 28 February 2027, with payments settled in JPY half-yearly. The annual cap for the Royalty is set at HK$9.00 million, approximately equal to 140.00 million JPY, allowing a buffer for exchange rate fluctuations.</p>\n<p>AFS Japan, which holds about 56.86% of the Company’s issued shares, is considered a connected person. As each applicable percentage ratio is above 0.1% but below 5%, the renewed arrangement is classified as a continuing connected transaction under Chapter 14A of the Listing Rules, subject to reporting, announcement, and annual review requirements but exempt from independent shareholders’ approval.</p>\n<p>According to official data, HK$3.52 million (67.62 million JPY) was paid as Royalty for the period from 1 September 2024 to 28 February 2025. The total figure is expected to reach up to HK$7.10 million (136.60 million JPY) for the year ending 28 February 2026. The Board considers the arrangement beneficial for preserving the use of the AEON Trademarks and believes the terms are fair and reasonable, aligning with the Company’s ordinary course of business.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AEON Credit Service (Asia) Company Limited (900) Announces Renewal of Brand Royalty Agreement with AFS Japan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAEON Credit Service (Asia) Company Limited (900) Announces Renewal of Brand Royalty Agreement with AFS Japan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-02-26 19:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>AEON Credit Service (Asia) Company Limited (900) has entered into a 2026 Royalty Renewal Agreement with AEON Financial Service Co., Ltd. (AFS Japan) to extend the use of AEON Trademarks for one year from 1 March 2026 to 28 February 2027. Under this arrangement, a 0.375% Royalty will be charged on the Group’s audited consolidated operating revenue for the financial year ending 28 February 2027, with payments settled in JPY half-yearly. The annual cap for the Royalty is set at HK$9.00 million, approximately equal to 140.00 million JPY, allowing a buffer for exchange rate fluctuations.</p>\n<p>AFS Japan, which holds about 56.86% of the Company’s issued shares, is considered a connected person. As each applicable percentage ratio is above 0.1% but below 5%, the renewed arrangement is classified as a continuing connected transaction under Chapter 14A of the Listing Rules, subject to reporting, announcement, and annual review requirements but exempt from independent shareholders’ approval.</p>\n<p>According to official data, HK$3.52 million (67.62 million JPY) was paid as Royalty for the period from 1 September 2024 to 28 February 2025. The total figure is expected to reach up to HK$7.10 million (136.60 million JPY) for the year ending 28 February 2026. The Board considers the arrangement beneficial for preserving the use of the AEON Trademarks and believes the terms are fair and reasonable, aligning with the Company’s ordinary course of business.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00900","symbol_name":"AEON CREDIT","start_time":0,"source_url":"","article_id":"1156061297","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1156061297","pubTimestamp":1772103806,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"AEON Credit Service (Asia) Company Limited (900) has entered into a 2026 Royalty Renewal Agreement with AEON Financial Service Co., Ltd. (AFS Japan) to extend the use of AEON Trademarks for one year...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00900":"AEON CREDIT"},"translate_title":"AEON Credit Service(Asia)Company Limited(900)宣布与AFS Japan续签品牌使用费协议","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00900":1},"content_text":"AEON Credit Service (Asia) Company Limited (900) has entered into a 2026 Royalty Renewal Agreement with AEON Financial Service Co., Ltd. (AFS Japan) to extend the use of AEON Trademarks for one year from 1 March 2026 to 28 February 2027. Under this arrangement, a 0.375% Royalty will be charged on the Group’s audited consolidated operating revenue for the financial year ending 28 February 2027, with payments settled in JPY half-yearly. The annual cap for the Royalty is set at HK$9.00 million, approximately equal to 140.00 million JPY, allowing a buffer for exchange rate fluctuations.\nAFS Japan, which holds about 56.86% of the Company’s issued shares, is considered a connected person. As each applicable percentage ratio is above 0.1% but below 5%, the renewed arrangement is classified as a continuing connected transaction under Chapter 14A of the Listing Rules, subject to reporting, announcement, and annual review requirements but exempt from independent shareholders’ approval.\nAccording to official data, HK$3.52 million (67.62 million JPY) was paid as Royalty for the period from 1 September 2024 to 28 February 2025. The total figure is expected to reach up to HK$7.10 million (136.60 million JPY) for the year ending 28 February 2026. The Board considers the arrangement beneficial for preserving the use of the AEON Trademarks and believes the terms are fair and reasonable, aligning with the Company’s ordinary course of business.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"SGX","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1156061297","isCrawlerRequest":true}