Isetan Mitsukoshi Holdings (JP:3099) has released an update.
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Isetan Mitsukoshi Holdings reported a significant increase in their consolidated financial results for Q1 of fiscal 2024, with gross sales rising to 317,929 million yen, a 14.5% increase from the previous year. Operating income more than doubled to 18,868 million yen, a 218% surge, while recurring income saw a 210% jump to 21,209 million yen. The company also experienced a hike in consolidated non-operating income, but faced an extraordinary loss of 512 million yen due to impairment losses and store closures.
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