Key Developments: Isetan Mitsukoshi Holdings Ltd (3099.T)
1,490JPY
17 May 2013
¥-7 (-0.47%)
¥1,592
¥1,476
¥1,502
¥1,471
2,230,400
2,594,959
¥1,628
¥698
Latest Key Developments (Source: Significant Developments)
Oisix Inc to Form Business Alliance with Isetan Mitsukoshi Holdings Ltd
Oisix Inc announced that it will form a business alliance with Isetan Mitsukoshi Holdings Ltd, on the collaboration of home delivery business. Full Article
R&I Affirms Isetan Mitsukoshi Holdings Ltd's Rating at "A-"; Rating Outlook Stable
Rating and Investment Information, Inc. (R&I) announced that it has affirmed the rating on Isetan Mitsukoshi Holdings Ltd at "A-". The rating outlook is stable. Full Article
Isetan Mitsukoshi Holdings Ltd Amends Mid-year Consolidated Outlook for FY 2013
Isetan Mitsukoshi Holdings Ltd announced that it has lowered its mid-year consolidated outlook for revenue from JPY 583,000 million to JPY 574,000 million, ordinary profit from JPY 14,000 million to JPY 6,500 million, net profit from JPY 9,000 million to JPY 1,500 million, and earnings per share from JPY 22.81 to JPY 3.80, and raised its mid-year consolidated outlook for operating profit from JPY 7,500 million to JPY 8,000 million, for the fiscal year ending March 2013. The Company lowered its mid-year consolidated outlook for net profit mainly due to the extraordinary loss caused by investment loss on associated company. Full Article
Isetan Mitsukoshi Holdings Ltd. Expects Extraordinary Loss for FY 2012
Isetan Mitsukoshi Holdings Ltd. announced that it expects JPY 7,632 million extraordinary loss on impairment for the fiscal year ended March 2012. Full Article
Isetan Mitsukoshi Holdings Ltd. Raises Full-year Consolidated Outlook for FY Ending March 31, 2012
Isetan Mitsukoshi Holdings Ltd. announced that it has raised its full-year consolidated outlook for revenue from JPY 1,214,000 million to JPY 1,235,000 million, operating profit from JPY 19,000 million to JPY 22,000 million, ordinary profit from JPY 32,000 million to JPY 35,000 million, net profit from JPY 35,000 million to JPY 55,000 million and earning per share from JPY 88.72 to JPY 139.42 for the fiscal year ending March 31, 2012. The Company raised its full-year outlook mainly due to the increasing sales of the department business, and the reversal of deferred tax assets and deferred tax liabilities. According to I/B/E/S Estimates, analysts on average are expecting the Company to report full-year revenue of JPY 1,222,580 million, operating profit of JPY 21,300 million and net profit of JPY 37,930 million. Full Article
Isetan Mitsukoshi Holdings Ltd. Appoints Chairman of the Board and President
Isetan Mitsukoshi Holdings Ltd. announced that it has appointed Kunio Ishizuka as Chairman of the Executive Board and Representative Director, Hiroshi Ohnishi as Executive President and Representative Director, effective February 1, 2012. Full Article
Isetan Mitsukoshi Holdings Ltd. Amends FY 2012 Outlook
Isetan Mitsukoshi Holdings Ltd. announced that it has lowered its consolidated full-year outlook for revenue from JPY 1,216,000 million to JPY 1,214,00 million, and raised its consolidated full-year outlook for operating profit from JPY 16,000 million to JPY 19,000 million, ordinary profit from JPY 28,000 million to JPY 32,000 million, net profit from JPY 33,000 million to JPY 35,000 million and earning per share from JPY 83.66 to JPY 88.72 for the fiscal year ending March 31, 2012. This is due to the decreased costs and expenses. According to I/B/E/S Estimates, analysts on average are expecting the Company to report full-year revenue of JPY 1,219.59 billion and net profit of JPY 31.32 billion. Full Article
R&I Affirms Isetan Mitsukoshi Holdings Ltd.'s Rating at "A-"; Rating Outlook Stable
Rating and Investment Information, Inc. (R&I) announced that it has affirmed the rating on Isetan Mitsukoshi Holdings Ltd. at "A-". The rating outlook is stable. Full Article
Isetan Mitsukoshi Holdings Ltd. Amends FY 2012 Outlook; Amends Year-end Dividend Outlook for FY Ending March 2012
Isetan Mitsukoshi Holdings Ltd. announced that it has reaffirmed its consolidated mid-year outlook for revenue of JPY 580,000 million, and raised its consolidated mid-year outlook for operating profit from JPY 1,000 million to JPY 5,000 million, ordinary profit from JPY 6,000 million to JPY 10,000 million, net profit from JPY 3,000 million to JPY 18,000 million and earning per share from JPY 7.60 to JPY 45.63 for the fiscal year ending March 31, 2012. The Company also lowered its consolidated full-year outlook for revenue from JPY 1,230,000 million to JPY 1,216,000 million, and reaffirmed its consolidated full-year outlook for operating profit of JPY 16,000 million, ordinary profit of JPY 28,000 million, and raised its consolidated full-year outlook for net profit from JPY 18,000 million to JPY 33,000 million and earning per share from JPY 45.63 to JPY 83.66 for the same fiscal year. This is due to the decreased costs and expenses. According to I/B/E/S Estimates, analysts on average are expecting the Company to report full-year revenue of JPY 1,212.08 billion and net profit of JPY 20.56 billion. The Company also amended its year-end dividend outlook from an undetermined value, which was announced on May 12, 2011, to JPY 10.00 per share, for the same fiscal year. Full Article
Isetan Mitsukoshi Holdings Ltd. To Open Megastore In Inland China-DJ
Dow Jones reported that Isetan Mitsukoshi Holdings Ltd. group will open a large department store in the inland Chinese city of Chengdu in 2014 at a cost of around JPY30 billion, according to The Nikkei. With a floor space of about 220,000 sq. meters, the location will be roughly three times as large as major department stores in Japan and one of the largest in China. Full Article
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