Retail Trade

Isetan Mitsukoshi Holdings Ltd.

Business Summary

Isetan Mitsukoshi Holdings Ltd. engages in the management of its group companies which deals in the management of department stores. It operates through the following segments: Department Store, Credit, Financing, and Membership, Real Estate, and Other. The Department Store segment sells apparel, accessories, sundry goods, household, and food products. The Credit, Financing, and Membership Club segment provides credit card, personal loan, insurance, and guarantee services along with the provision of membership club services. The Real Estate segment includes building maintenance, real estate leasing, and interior construction projects. The Other segment deals with manufacturing, import, export, wholesale, logistics, personnel, and information processing services. The company was founded on April 1, 2008 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2023	JPY	USD
Revenue	487,407M	3,596.63M
Gross Profit	263,210M	1,942.25M
Operating income	29,355M	216.61M
Income before tax	27,827M	205.33M
Net income	32,377M	238.91M
EBITDA	54,976M	405.67M
Diluted EPS	84.62	0.62
Dividends Per Share	14	0.10
Total Assets	1,217.30B	9,146.50M
Total liabilities	664,787M	4,995.01M
Total equity	547,007M	4,110.05M
Operating cash flow	66,301M	489.24M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	1,196.80B	1,119.19B	816,009M	418,338M	487,407M
Gross Profit	322,548M	295,681M	203,937M	220,671M	263,210M
Operating income	23,486M	9,806M	-27,421M	5,725M	29,355M
Income before tax	15,244M	-2,303M	-30,997M	11,117M	27,827M
Net income	13,479M	-11,187M	-41,079M	12,338M	32,377M
EBITDA	52,156M	39,448M	54M	30,579M	54,976M
Diluted EPS	34.41	-28.89	-107.95	32.26	84.62
Dividends Per Share	12	12	9	10	14
Total Assets	1,247.42B	1,223.80B	1,198.30B	1,168.57B	1,217.30B
Total liabilities	661,709M	673,637M	690,025M	650,913M	664,787M
Total equity	577,609M	544,203M	503,384M	512,912M	547,007M
Operating cash flow	28,286M	16,281M	1,197M	37,914M	66,301M

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	10,792.25M	10,293.70M	7,694.03M	3,722.77M	3,596.63M
Gross Profit	2,908.59M	2,719.51M	1,922.89M	1,963.74M	1,942.25M
Operating income	211.78M	90.19M	-258.54M	50.94M	216.61M
Income before tax	137.46M	-21.18M	-292.26M	98.92M	205.33M
Net income	121.54M	-102.89M	-387.32M	109.79M	238.91M
EBITDA	470.32M	362.82M	0.50M	272.12M	405.67M
Diluted EPS	0.31	-0.26	-1.01	0.28	0.62
Dividends Per Share	0.10	0.11	0.08	0.08	0.10
Total Assets	11,270.06M	11,336.20M	10,844.37M	9,627.79M	9,146.50M
Total liabilities	5,978.30M	6,239.97M	6,244.57M	5,362.82M	4,995.01M
Total equity	5,218.49M	5,041.01M	4,555.51M	4,225.84M	4,110.05M
Operating cash flow	255.07M	149.74M	11.28M	337.39M	489.24M

Valuation Measures

Mar 2023
PER	17.47
ROA	2.71%
ROE	6.10%
Operating margin	6.02%
Profit margin	6.64%

Key executives

President, CEO & Representative Director: Toshihiko Sugie
Executive Officer & Manager-Operations: Hideki Katagiri
CFO, Director & Managing Executive Officer: Hidehiko Igura
Executive Officer & Manager-Information Systems: Tomohide Sanbe
Representative Director & Executive Vice President: Toru Takeuchi

Shareholders

Nomura Asset Management Co., Ltd. (5.9%)
Isetan Mitsukoshi Holdings Ltd. (3.7%)
Mitsukoshi Health & Welfare Foundation (3.2%)
Nikko Asset Management Co., Ltd. (2.4%)
Daiwa Asset Management Co. Ltd. (2.3%)
The Vanguard Group, Inc. (2.2%)
Isetan Mitsukoshi Holdings Business Association (2.1%)
Mitsubishi UFJ Financial Group, Inc. (2.0%)
RBC Global Asset Management (Asia) Ltd. (1.8%)
Norges Bank Investment Management (1.6%)

Contact Details

Website:http://www.imhds.co.jp
Address: Mitsukoshi Isetan Nishi-Shinjuku, 3-2-5 Nishi-Shinjuku, Tokyo, 160-0023, Japan
Phone: +81 3 5843 5115

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Competitors

Seven & I Holdings Co., Ltd.

Last Updated on 31 May, 2023