Isetan Mitsukoshi Holdings

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Isetan Mitsukoshi Holdings, Ltd.
株式会社三越伊勢丹ホールディングス
株式會社三越伊勢丹控股
Type Public kabushiki gaisha
Founded April 1, 2008
Headquarters Ginza Yonchome, Chūō, Tokyo, Japan *The headquarters office is at "Park City Isetan 2" in Shinjuku Gochome, Shinjuku, Tokyo, Japan.
Products Retail trade
Employees 18,799
Subsidiaries Isetan-Mitsukoshi Ltd. 100%
Website http://www.imhds.co.jp/

Isetan Mitsukoshi Holdings Ltd. (三越伊勢丹ホールディングス Mitsukoshi Isetan Hōrudingusu?) (TYO: 3099) is a the solely owned holding company of the Mitsukoshi and Isetan department stores as the wholly owned subsidiaries.

Operations[edit]

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.[1]

On 9 January 2010, Nobukazu Muto (b. 1945), the company's chairman and chief executive officer died.[2]

As of 2012, Hiroshi Onishi was the president and chief executive officer of Isetan Mitsukoshi Holding.[3]

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.[4]

References[edit]

  1. ^ Furukawa, Tsukasa (August 24, 2007). "Isetan, Mitsukoshi Join Forces". WWD. Retrieved 8 August 2013. 
  2. ^ Hirano, Koji (January 9, 2010). "Isetan Mitsukoshi Chief Muto Dead At 64". WWD. Retrieved 8 August 2013. 
  3. ^ Wetherille, Kelly (December 14, 2012). "Japan's Consumers Brace for Election". WWD. Retrieved 8 August 2013. 
  4. ^ Wetherille, Kelly (1 August 2013). "Isetan Mitsukoshi Q1 Net Grows 11.4%". WWD. Retrieved 2 August 2013. 

External links[edit]