Isetan Mitsukoshi Holdings

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
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

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.

External links

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