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Isetan Mitsukoshi rebounds as domestic department store sales rise 8.6%, maintaining strong performance

Tue Jun 2, 2026 9:08 am JST Catalyst

Isetan Mitsukoshi Holdings Ltd. <3099> rebounded on Tuesday. The company released its May monthly sales report after the close on Monday, showing that domestic department store sales grew 8.6% year-on-year, drawing buyer interest as the retailer sustained its robust performance.

Among domestic customers, steady appetite for luxury consumption, particularly big-ticket items like jewelry and watches, anchored the gains. Sales were further lifted by the full-scale rollout of summer merchandise amid rising temperatures, as well as the May 20 reopening of the confectionery section at the Isetan Shinjuku flagship store?its first renovation in 19 years. Overseas visitors also showed strong interest in high-value offerings, with an increase in spending per customer fueling inbound sales.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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