Isetan Mitsukoshi Holdings Ltd (3099.T) Key Developments | Reuters.com
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Isetan Mitsukoshi Holdings Ltd (3099.T)

3099.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Isetan Mitsukoshi Holdings transfers shares of IID
Tuesday, 5 Apr 2016 01:15am EDT 

IID Inc:Says Isetan Mitsukoshi Holdings transfers its holding shares in IID Inc to its wholly owned subsidiary ISETAN MITSUKOSHI INNOVATIONS.Says Isetan Mitsukoshi Holdings holds no shares of IID Inc and ISETAN MITSUKOSHI INNOVATIONS holds 13.32 pct voting rights (653,100 shares) in IID Inc, up from 0 pct, after transaction.Effective April 1.  Full Article

Isetan Mitsukoshi Holdings to transfer business to subsidiary
Thursday, 28 Jan 2016 11:00pm EST 

Isetan Mitsukoshi Holdings Ltd:Says to transfer investment business to a new wholly owned subsidiary that established on Jan. 20 in Japan.Planned effective April 1.  Full Article

R&I affirms Isetan Mitsukoshi Holdings 's rating at "A-" and announces stable outlook
Tuesday, 24 Nov 2015 01:00am EST 

Isetan Mitsukoshi Holdings Ltd:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A-".Rating outlook stable.  Full Article

Isetan Mitsukoshi Holdings raises consolidated full-year outlook for FY 2016
Sunday, 8 Nov 2015 11:00pm EST 

Isetan Mitsukoshi Holdings Ltd:Says the company increased the consolidated full-year outlook for revenue to 1,310,000 million yen from 1,300,000 million yen for FY ending March 2016.Operating profit forecast increased to 37,000 million yen from 35,000 million yen.Ordinary profit forecast increased to 39,000 million yen from 35,000 million yen.Net profit attributable to parent company's shareholders forecast increased to 27,000 million yen from 25,000 million yen.Earnings per share increased to 68.50 yen from 63.43 yen.Comments the sales increase is the main reason for the forecast.  Full Article

Isetan Mitsukoshi Holdings to issue mid-year dividend for FY 2016
Sunday, 8 Nov 2015 11:00pm EST 

Isetan Mitsukoshi Holdings Ltd:To issue a mid-year dividend of 6 yen per share to all the shareholders of record as of Sep. 30, for FY ending March 2016.Payment date Dec. 4.Says latest dividend forecast was 5 yen per share.  Full Article

Isetan Mitsukoshi Holdings revises consolidated full-year outlook for FY 2015
Thursday, 30 Apr 2015 10:30pm EDT 

Isetan Mitsukoshi Holdings Ltd:Says the company lowered the consolidated full-year outlook for revenue to 1,272,000 million yen from 1,280,000 million yen for FY ended March 2015.Operating profit forecast decreased to 33,000 million yen from 35,000 million yen.Ordinary profit forecast increased to 34,000 million yen from 32,000 million yen.Net profit forecast increased to 29,000 million yen from 20,000 million yen.Earnings per share increased to 73.49 yen from 50.68 yen.FY 2015 revenues of 1,276.33 billion yen, net income of 22.45 billion yen – Thomson Reuters I/B/E/S.Comments the decreased needs due to rising consumption tax, improvement of non-operating income and expenditure, reversal of deferred tax assets and deferred tax liabilities are the main reasons for the forecast.  Full Article

R&I affirms Isetan Mitsukoshi Holdings Ltd's rating at "A-" and announces stable outlook
Tuesday, 18 Nov 2014 01:00am EST 

Isetan Mitsukoshi Holdings Ltd:Rating and Investment Information, Inc. (R&I) affirmed Isetan Mitsukoshi Holdings Ltd's rating at "A-".Rating outlook stable.  Full Article

Isetan Mitsukoshi Holdings Ltd amends consolidated full-year outlook for FY 2015
Thursday, 6 Nov 2014 11:00pm EST 

Isetan Mitsukoshi Holdings Ltd:Says the company amended the consolidated full-year outlook for the FY ending March 2015.Revenue forecast decreased to 1,280,000 million yen from 1,300,000 million yen.Confirmed the operating profit forecast at 35,000 million yen.Confirmed the ordinary profit forecast at 32,000 million yen.Confirmed the net profit forecast at 20,000 million yen.Confirmed the earnings per share decreased to 50.68 yen from 50.69 yen.  Full Article

Isetan Mitsukoshi Holdings Ltd announces to establish joint venture with Japan Airport Terminal and so on
Thursday, 31 Jul 2014 01:00am EDT 

Isetan Mitsukoshi Holdings Ltd:To establish joint venture in Tokyo expected in September, with Japan Airport Terminal, Narita International Airport Corp and NAA Retailing Corp.The joint venture will be engaged in duty-free shop business.Says Japan Airport Terminal, Isetan Mitsukoshi Holdings Ltd, and NAA Retailing Corp will hold a 45 pct stake, a 27.5 pct stake and a 27.5 pct stake in the joint venture respectively.  Full Article

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Isetan Mitsukoshi CEO says won't cut prices even with return of deflationary mindset

TOKYO The chief executive of Isetan Mitsukoshi Holdings Ltd said Japan's biggest department store chain by sales would never cut prices, even as consumers return to the deflationary mindset of delaying purchases in the expectation of price falls.