Isetan Mitsukoshi Holdings

Isetan Mitsukoshi opened its new fiscal year (April–June 2026) with revenue up 3.8% to ¥128.9bn, operating profit up 21% to ¥18.9bn and net income up 18.5% to ¥22.3bn. The domestic department-store segment led, with segment profit up 24% as its identified-spender base grew to 8.49mn and its overseas-customer base to 1.08mn. As in the prior year, a large one-off gain on selling affiliate shares (¥10.5bn) did much of the work on net income; the group raised its full-year operating-profit guidance but trimmed its net-income forecast, since it doesn't expect FY2026's outsized one-off gains to repeat.

Japan's largest department-store group closed its year to March 2026 with net income up 44% to ¥76bn, even as revenue slipped 1.8%: record loyalty spending at its Tokyo flagships and cost reform lifted profit, while inbound sales eased from late 2025 as Chinese visitor numbers thinned.