Isetan Mitsukoshi Reports Progress on Share Buyback Program

Isetan Mitsukoshi Holdings ( (JP:3099) ) has provided an announcement.

Isetan Mitsukoshi Holdings has reported progress on its ongoing share buyback program, disclosing that it repurchased 566,600 common shares for about ¥1.66 billion through market purchases on the Tokyo Stock Exchange during March 2026. These acquisitions form part of a broader board-approved plan, running from February 2026 to February 2027, to buy back up to 18 million shares for a maximum of ¥30 billion, reflecting a continued focus on capital efficiency and shareholder returns.

As of March 31, 2026, the company has cumulatively acquired 1,009,900 shares at a total cost of approximately ¥3.0 billion under this authorization. The pace of repurchases indicates a measured use of the buyback capacity, which may support earnings per share and share price stability while signaling management’s confidence in the company’s financial position and long-term strategy to investors and other stakeholders.

The most recent analyst rating on (JP:3099) stock is a Hold with a Yen3030.00 price target. To see the full list of analyst forecasts on Isetan Mitsukoshi Holdings stock, see the JP:3099 Stock Forecast page.

More about Isetan Mitsukoshi Holdings

Isetan Mitsukoshi Holdings Ltd. is a leading Japanese department store group listed on the Prime Market of the Tokyo Stock Exchange. The company operates comprehensive retail and lifestyle businesses centered on its Isetan and Mitsukoshi brands, targeting mid- to high-end consumers in Japan and select overseas markets.

Average Trading Volume: 2,345,310

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen1006.4B

For an in-depth examination of 3099 stock, go to TipRanks’ Overview page.