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Mitsukoshi, Isetan to merge in April

TOKYO, Japan - Nobukazu Muto (L), president of Isetan Co., speaks at a news conference at a hotel in Tokyo on Aug. 23, with Kunio Ishizuka, president of Mitsukoshi Ltd., sitting by him. They announced that the companies will integrate operations April 1 under a holding company to create Japan's largest department store group.

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Mitsukoshi, Isetan to merge in April

TOKYO, Japan - Nobukazu Muto (L), president of Isetan Co., and Kunio Ishizuka, president of Mitsukoshi Ltd., shake hands at a hotel in Tokyo on Aug. 23 after a joint news conference. They announced that the companies will integrate operations April 1 under a holding company to create Japan's largest department store group.

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Mitsukoshi, Isetan to merge in April

TOKYO, Japan - Nobukazu Muto (L), president of Isetan Co., and Kunio Ishizuka, president of Mitsukoshi Ltd., shake hands at a hotel in Tokyo on Aug. 23 after a joint news conference. They announced that the companies will integrate operations April 1 under a holding company to create Japan's largest department store group. (Kyodo)

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Mitsukoshi, Isetan to merge in April

TOKYO, Japan - Nobukazu Muto (L), president of Isetan Co., speaks at a news conference at a hotel in Tokyo on Aug. 23, with Kunio Ishizuka, president of Mitsukoshi Ltd., sitting by him. They announced that the companies will integrate operations April 1 under a holding company to create Japan's largest department store group. (Kyodo)