Isetan Mitsukoshi raises year-end dividend amid strong performance

Isetan Mitsukoshi Holdings has revised its year-end dividend forecast for the fiscal year ending March 31, 2026, to 35 yen per share, an increase of 5 yen from the previously announced 30 yen. This brings the annual dividend forecast to 65 yen per share, representing an 11 yen increase from the previous fiscal year's actual dividend of 54 yen. The revision underscores the company's commitment to progressive dividends, with the FY2025 annual dividend serving as a new lower limit, in line with its medium-term management plan (FY2025-FY2030).

This dividend increase follows robust performance, with the company maintaining its record high operating profit forecast of 78 billion yen and raising its profit forecast by 2 billion yen to a record high of 62 billion yen for the fiscal year ending March 31, 2026. The company's individual customer business process activities, including "Attracting Customers" and "Identification," have shown steady progress, leading to increased identified customer gross sales (104% YoY) and a rise in sales from high-spending customers (111% YoY) in the first half of FY2025.

Isetan Mitsukoshi Holdings is also advancing its sustainability initiatives, with 490 business partners supporting "think good," surpassing its H1 target, and has secured SBT certification for greenhouse gas reduction targets. The company's financial strategy prioritizes growth investments, particularly in strategic remodeling of flagship stores, while also ensuring shareholder returns.