Isetan Mitsukoshi Holdings ( (IMHDF) ) has released its Q1 earnings. Here is a breakdown of the information Isetan Mitsukoshi Holdings presented to its investors.
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Isetan Mitsukoshi Holdings Ltd. is a prominent retail company listed on the Tokyo Stock Exchange, primarily known for its extraordinary department stores and diverse business ventures, including credit and finance, real estate, and other retail-related services.
In the latest earnings report for the three months ending June 30, 2025, Isetan Mitsukoshi Holdings reported a mixed financial performance. While net sales decreased by 4.2% to ¥124,193 million, profit attributable to owners of the parent surged by 37.5% to ¥18,838 million, indicating a significant improvement in profitability.
The company’s operating profit declined by 17.1% to ¥15,650 million, and ordinary profit fell by 19.5% to ¥17,079 million. Despite these declines, the company achieved a notable increase in profit attributable to owners of the parent, driven by extraordinary income from the sale of shares in subsidiaries and associates. The department store segment faced challenges with a 5.0% decrease in net sales, while the credit and finance business saw a 2.3% increase in net sales.
Looking ahead, Isetan Mitsukoshi Holdings remains committed to its strategic transformation under the new medium-term management plan, focusing on urban community development and enhancing customer engagement. The company aims to improve capital efficiency and maintain financial soundness through asset reduction and shareholder returns, while continuing to explore growth opportunities in both domestic and international markets.