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Mitsukoshi, Ltd. · Tokyo Japan

Company Description

1-4-1 Nihonbashi Muromachi, Chuo-ku
Tokyo
103-8-001
Japan (Map)
Phone: +81-3-3274-8060
Fax: +81-3-3274-8777
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    Founded as a single kimono shop in 1673, Mitsukoshi grew to become one of Japan's leading department store chains with about 15 domestic main stores, some 65 smaller stores, and another 25 outlets in other countries, including the US and Germany. Following decades of mismanagement, customers lost to specialty stores, and a prolonged downturn in Japan's retail sector, Mitsukoshi was acquired by its younger rival Isetan for about $2.5 billion in stock in 2008. The two companies are subsidiaries of newly-formed Isetan Mitsukoshi Holdings. Together they form one of Japan's largest department store chains, with about $15.5 billion in sales.

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    Key Mitsukoshi, Ltd. Financials

    Company TypePrivate

    Headquarters
    Fiscal Year-EndMarch
    Annual Sales (mil.)$332,545.0
    Employees6,541

    Mitsukoshi, Ltd. Executives

    11 executives listed for Mitsukoshi, Ltd.'s Tokyo,  location.
    TitleName & BioContact
    ChairmanTaneo NakamuraNetwork
    President and CEOKunio IshizukaNetwork
    Senior Executive Officer, Business PlanningKohei AmanoNetwork

    Competition

    Competitive Landscape for Mitsukoshi, Ltd.
    Consumer spending and fashion trends drive demand. The profitability of individual companies depends on effective merchandising and marketing. Large companies have advantages in purchasing, distribution, and marketing. Small companies can compete effectively by offering unique merchandise, providing superior customer service, or delivering a distinctive store experience. The industry is labor-intensive: average annual revenue per worker is $130,000. Department stores compete with discount department stores and mass merchandisers, specialty stores, off-price and outlet stores, Internet and mail-order retailers, and home shopping networks. To read the full description, subscribe now.
    Top Mitsukoshi, Ltd. Competitors
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