April 27, 2020 / 7:41 AM / a month ago

Japan's Isetan Mitsukoshi expects 11 billion yen annual loss

TOKYO (Reuters) - Isetan Mitsukoshi Holdings (3099.T) expects a net loss of 11 billion yen ($102.66 million) for the year ended March 31 hurt by the coronavirus outbreak, the Japanese department store said on Monday.

The company, which had previously forecast a profit of 7 billion yen, said it would announce its results on May 11, later than an original date of May 7.

Reporting by Ritsuko Ando; editing by Jason Neely

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