Isetan Mitsukoshi Holdings

Isetan Mitsukoshi Holdings Ltd. (株式会社三越伊勢丹ホールディングス) (tyo: 3099) is a holding company with the Mitsukoshi and Isetan department stores as its wholly owned subsidiaries.

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, its net profits increased by 11.4 percent due to increased sales and lower expenses.[4]

References

  1. Furukawa, Tsukasa. Isetan, Mitsukoshi Join Forces WWD, August 24, 2007, retrieved 8 August 2013^
  2. Hirano, Koji. Isetan Mitsukoshi Chief Muto Dead At 64 WWD, January 9, 2010, retrieved 8 August 2013^
  3. Wetherille, Kelly. Japan's Consumers Brace for Election WWD, December 14, 2012, retrieved 8 August 2013^
  4. Wetherille, Kelly. Isetan Mitsukoshi Q1 Net Grows 11.4% WWD, 1 August 2013, retrieved 2 August 2013^