Isetan Mitsukoshi Holdings

Isetan Mitsukoshi Holdings Ltd. (株式会社三越伊勢丹ホールディングス, Kabushiki-gaisha Mitsukoshi Isetan Hōrudingusu) (TYO: 3099) is a pure holding company with the Mitsukoshi and Isetan department stores as its wholly owned subsidiaries.

Isetan Mitsukoshi Holdings Ltd.
株式会社三越伊勢丹ホールディングス
TypePublic (K.K)
TYO: 3099
FoundedApril 1, 2008 (2008-04-01)
Headquarters,
Japan
ProductsRetail trade
Revenue ¥1,287 billion (2015)[1]
¥33.1 billion (2015)[1]
¥26.5 billion (2015)[1]
Total assets ¥1,293 billion (2015)[1]
Total equity ¥574 billion (2015)[1]
Number of employees
18,799
SubsidiariesIsetan-Mitsukoshi Ltd.
Websiteimhds.co.jp

Operations

Mitsukoshi department store in Nihombashi, Chuo-ku, Tokyo, Japan

In August 2007, Isetan Co. Ltd. and Mitsukoshi Ltd. announced that the two companies "have agreed to merge and form a new holding company" in April 2008.[2]

On 9 January 2010, Nobukazu Muto (b. 1945), the company's chairman and chief executive officer died.[3]

As of 2012, Hiroshi Onishi was the president and chief executive officer of Isetan Mitsukoshi Holding.[4]

On 26 July 2013, the company announced that, in the first quarter of 2013, it net profits increased by 11.4 percent due to increased sales and lower expenses.[5]

References

  1. "Financial Results Handout for the Fiscal Year Ended March 2016" (PDF). Isetan Mitsubishi Holdings, Ltd. May 11, 2016. Retrieved July 23, 2016.
  2. Furukawa, Tsukasa (August 24, 2007). "Isetan, Mitsukoshi Join Forces". WWD. Retrieved 8 August 2013.
  3. Hirano, Koji (January 9, 2010). "Isetan Mitsukoshi Chief Muto Dead At 64". WWD. Retrieved 8 August 2013.
  4. Wetherille, Kelly (December 14, 2012). "Japan's Consumers Brace for Election". WWD. Retrieved 8 August 2013.
  5. Wetherille, Kelly (1 August 2013). "Isetan Mitsukoshi Q1 Net Grows 11.4%". WWD. Retrieved 2 August 2013.
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