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Isetan Mitsukoshi Holdings (3099) · InitiativeAchieved

Reduction in Taiwan Business Ownership Through Transfer of Shin Kong Mitsukoshi Shares

First written in FY2026. 1 of 1 entries say "Achieved", first in FY2026. Latest entry: FY2026.

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  1. FY2026AchievedAnnual report

    「Upon completion of this share transfer, Shin Kong Mitsukoshi will no longer qualify as an equity-method affiliate of the company. … Number of shares to be transferred: 149,537,222 shares; transfer price: 7,028 million NTD; gain on transfer: approximately ¥10 billion (estimate); ownership ratio after transfer: 10.00%」

    On 1 April 2026, the company partially transferred its shares in Shin Kong Mitsukoshi, an equity-method affiliate in Taiwan, reducing its ownership ratio to 10%. The company cited optimal capital allocation and the appropriate form of its partnership as the reasons.
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Reduction in Taiwan Business Ownership Through Transfer of Shin Kong Mitsukoshi Shares | Isetan Mitsukoshi Holdings Ltd. (3099) | Komori