Isetan Mitsukoshi Holdings Ltd. (3099) Stock Price

Mitsukoshi Isetan Holdings operates across multiple business segments. Its primary business is department store retail, with numerous stores throughout Japan and internationally. Major companies include Mitsukoshi Isetan Co., Ltd. and Sapporo Marui Mitsukoshi Co., Ltd., which together offer a wide range of products and services.

Credit, finance, and membership services represent another important segment. MI Card Co., Ltd. and MI Tomo no Kai Co., Ltd. lead this division, issuing credit cards and providing member benefits and services. These offerings enhance the customer shopping experience.

In real estate, Mitsukoshi Isetan Property Design Co., Ltd. and Isetan Kaikan Co., Ltd. play key roles, developing and managing commercial facilities. This strengthens store appeal and drives customer traffic.

Other business operations include system development, staffing services, and travel services. Mitsukoshi Isetan System Solutions Co., Ltd. and Mitsukoshi Isetan Human Solutions Co., Ltd. handle these divisions, addressing diverse customer needs.

Mitsukoshi Isetan Holdings aims for long-term growth with a vision of becoming "a special department store at the core of a retail group that enriches customers' lives." To realize this vision, the company is implementing a medium-term management plan divided into three phases: "Regeneration," "Townification Preparation," and "Fruition."

In the new medium-term management plan beginning in 2025, the company is advancing a transformation toward "individual customer business," aiming to provide value tailored to each customer. Through this approach, the company seeks to improve operating profit and ROE while pursuing sustained growth in corporate value. Notably, the company has identified identified customer sales as a key metric, targeting 687 billion yen by fiscal 2027 and 714–731 billion yen by fiscal 2030.

While adapting to external environmental changes, the company views growth in affluent populations and urban centers domestically and internationally as opportunities. On the internal front, the company is enhancing productivity through sales and administrative expense control and business restructuring while strengthening its customer base. Additionally, the company is advancing a "federation" strategy to deepen collaboration between its financial and real estate businesses and expand external revenue.

In the department store business, the company aims to strengthen its uniqueness through remodeling of the Isetan Shinjuku Main Store and Mitsukoshi Nihonbashi Main Store, attracting customers from around the world. In overseas operations, the company is participating in mixed-use real estate development in the Philippines and Thailand while exploring new business models. In the real estate business, the company is advancing the realization of "townification" to maximize the value of each business segment.

In the financial business, the company is leveraging its customer base to provide distinctive financial services and expand its customer reach. In domestic related businesses, the company aims to expand revenue and evolve its business model through growth in both B2B and B2C operations. Through these strategies, Mitsukoshi Isetan Holdings is pursuing sustained growth and enhanced corporate value.