Isetan Mitsukoshi Holdings Ltd.
Native name
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
Shinjuku, Tokyo
,
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 the Mitsukoshi and Isetan department stores as its wholly owned subsidiaries.

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.[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

  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.


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