Isetan Mitsukoshi Reports Progress on Share Buyback Program

An announcement from Isetan Mitsukoshi Holdings ( (JP:3099) ) is now available.

Isetan Mitsukoshi Holdings has disclosed progress on its ongoing share buyback program, reporting that it repurchased 480,000 common shares on the Tokyo Stock Exchange in April 2026 for a total of about 1.47 billion yen. The company is conducting these buybacks under previously approved board resolutions that authorize up to 18 million shares, or 5.1% of shares outstanding excluding treasury stock, and up to 30 billion yen in purchases through February 2027.

As of April 30, 2026, cumulative repurchases under this mandate have reached 1,489,900 shares with a total acquisition cost of roughly 4.47 billion yen. The buyback activity signals an ongoing effort to manage capital structure and enhance shareholder returns, which may gradually increase earnings per share and support the company’s valuation if the program continues as planned.

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 Japanese department store group operating large-scale retail stores that sell fashion, luxury goods, household items, and related services. Listed on the Prime Market of the Tokyo Stock Exchange, it focuses on domestic retail consumers and leverages its flagship Isetan and Mitsukoshi brands in major urban markets.

Average Trading Volume: 2,014,498

Technical Sentiment Signal: Buy

Current Market Cap: Yen1044B

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