- CEO
- Toshiyuki Hosoya
- Full Time Employees
- 8,670
- Sector
- Retail trade
- Industry
- Department stores
- Address
- 5-16-10 Shinjuku Tokyo Japan 160-0022
- IPO Date
- Apr 1, 2008
- Business
- Isetan Mitsukoshi Holdings Ltd. (3099.T) operates as a holding company primarily engaged in the department store business through its wholly owned subsidiaries Isetan Co. Ltd. and Mitsukoshi Ltd.; it also conducts credit and finance activities, real estate leasing and management, and other diversified services including information systems, personnel support, travel arrangements, supermarkets, specialty retail, food production, wholesaling, and advertising. The company offers a wide range of products encompassing clothing, foodstuffs, daily goods, gifts, western wine and spirits, novelty items, lifestyle goods, and miscellaneous consumer products across its department stores; its credit segment provides credit cards, personal loans, non-life and life insurance solicitation, and membership club services, while real estate operations include building maintenance, interior construction, and tenant management. Founded in 2008 through the merger of historic Isetan (established 1886) and Mitsukoshi (established 1673) department store operators and headquartered in Tokyo, Japan, the group manages 27 domestic stores with flagships in Shinjuku, Nihombashi, and Ginza, alongside international presence in seven countries including Singapore, Malaysia, Thailand, China, Taiwan, the United States, and Italy. In recent developments, its subsidiary Isetan Mitsukoshi Ltd. secured shareholder approval in 2024 for the acquisition of remaining shares in Isetan (Singapore) Limited via a scheme of arrangement, aiming for completion by mid-September 2024 pending final court approval; the group continues to expand Japanese brand presence and local partnerships, such as collaborations with Philippine suppliers like Auro Chocolate at its Mitsukoshi Fresh outlets. Operations target affluent consumers in fashion, food and beverage, and lifestyle segments, generating majority revenue from department stores in Japan with supplementary income from credit, real estate, and other ventures.