February 14, 2007

Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Attn.: Document Control


Re:	Depositary Shares Evidenced by
American Depositary Receipts
For Common Stock of the par value of
50 Yen each of
Aeon Co., Ltd (F6 file No. 333139305)


Dear Sir/Madam:

		Pursuant to rule 424(b) (3) under the
Securities Act of 1933, as amended, on behalf of The
Bank of New York, as depositary for securities against
which American Depositary Receipts are to be issued,
we enclosed ten copies of the revised prospectus (the
Prospectus) for Aeon Co., Ltd as required by Rule
424(e) the upper right hand corner of the cover page of
each copy has a reference to Rule 424(b)(3) and to the
file number of the registration statement to which the
prospectus relates.

		Pursuant to Section III B of the
General Instructions to the form F6 Registration
Statement, the Prospectus consist of the ADR
certificate for Aeon Co., Ltd.

		Due to the ratio change of Aeon
Co., Ltd the Prospectus has been revised to
include the par value change: Par Value change
from 50 Yen to No Par.

		Please contact me at (212) 8158250, or
in my absence Cristina Cobb at (212) 6351507, with any
comments or questions.

		Please stamp the enclosed copy
of this letter to indicate receipt of the enclosures,
and return the stamped copy to the undersigned
using the stamped envelope enclosed for your
convenience.

Very Truly Yours


Michael Fitzpatrick
Assistant Treasurer

Enclosure
cc:	Paul Dudek, Esq. (Office of
International Corporate Finance)