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
Public KK
Traded as TYO: 3099
Founded April 1, 2008 (2008-04-01)
Headquarters Shinjuku, Tokyo, Japan
Products Retail trade
Revenue Increase ¥1,287 billion (2015)[1]
Increase ¥33.1 billion (2015)[1]
Decrease ¥26.5 billion (2015)[1]
Total assets Increase ¥1,293 billion (2015)[1]
Total equity Decrease ¥574 billion (2015)[1]
Number of employees
18,799
Subsidiaries Isetan-Mitsukoshi Ltd.
Website imhds.co.jp

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 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.[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[edit]

  1. ^ a b c d e "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. 

External links[edit]