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Isetan Mitsukoshi Holdings

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Japanese holding company
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Isetan Mitsukoshi Holdings Ltd.
Native name
株式会社三越伊勢丹ホールディングス
Company typePublic (K.K)
TYO:3099
FoundedApril 1, 2008; 17 years ago (2008-04-01)
Headquarters,
Japan
ProductsRetail trade
RevenueDecrease¥418 billion (2022)
Decrease¥5.9 billion (2022)
Decrease¥12.3 billion (2022)
Total assetsDecrease¥1,168 billion (2022)
OwnerThe Master Trust Bank of Japan (11.20%)
Shimizu Construction (1.63%)
Wacoal (0.33%)
Matsuya (0.18%)
JR West (0.12%)
Japan Airlines (0.10%)
Shochiku (0.08%)
Ichibata Electric Railway (0.01%)
Number of employees
9,691
SubsidiariesIsetan-Mitsukoshi Ltd.
Websiteimhds.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 holding company with theMitsukoshi andIsetan department stores as its 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, its 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. Retrieved8 August 2013.
  2. ^Hirano, Koji (January 9, 2010)."Isetan Mitsukoshi Chief Muto Dead At 64". WWD.Archived from the original on October 25, 2025. Retrieved8 August 2013.
  3. ^Wetherille, Kelly (December 14, 2012)."Japan's Consumers Brace for Election". WWD. Retrieved8 August 2013.
  4. ^Wetherille, Kelly (1 August 2013)."Isetan Mitsukoshi Q1 Net Grows 11.4%". WWD. Retrieved2 August 2013.

External links

[edit]
Nikkei 225 companies ofJapan
International
National


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