LifestyleIsetan Mitsukoshi Raises Full-Year Forecast, But It's the Ultra-Rich Shoppers Doing the Heavy Lifting, Not Foot Traffic
Isetan Mitsukoshi has raised its projected total sales for the fiscal year ending March 2027 to ¥1.36 trillion, but a 17.2% drop in net profit hides a different story. The real driver behind the numbers: customers spending upwards of ¥3 million.
