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.
Type | Public (K.K) |
---|---|
TYO: 3099 | |
Founded | April 1, 2008 |
Headquarters | , Japan |
Products | Retail trade |
Revenue | ¥418 billion (2022) |
¥5.9 billion (2022) | |
¥12.3 billion (2022) | |
Total assets | ¥1,168 billion (2022) |
Owner | The 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 |
Subsidiaries | Isetan-Mitsukoshi Ltd. |
Website | imhds.co.jp |
Operations
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
- Furukawa, Tsukasa (August 24, 2007). "Isetan, Mitsukoshi Join Forces". WWD. Retrieved 8 August 2013.
- Hirano, Koji (January 9, 2010). "Isetan Mitsukoshi Chief Muto Dead At 64". WWD. Retrieved 8 August 2013.
- Wetherille, Kelly (December 14, 2012). "Japan's Consumers Brace for Election". WWD. Retrieved 8 August 2013.
- Wetherille, Kelly (1 August 2013). "Isetan Mitsukoshi Q1 Net Grows 11.4%". WWD. Retrieved 2 August 2013.
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