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The latest announcement is out from Moriroku Holdings Co., Ltd. ( (JP:4249) ).
Moriroku Company, Ltd. reported a year-on-year decline in net sales to ¥97.4 billion for the third quarter of the fiscal year ending March 2026, reflecting weaker auto parts production by major customers in China, other Asian countries and the U.S., as well as lower chemical sales. The resin-treated product business was hit particularly hard, while the chemicals segment also contracted but to a lesser extent.
Despite lower sales and higher procurement costs due to inflation, operating profit edged up to ¥2.0 billion, helped by price optimization, cost reductions, the deconsolidation of a Mexican subsidiary and lower depreciation in China after prior impairment losses. Ordinary profit rose sharply to ¥1.8 billion on reduced foreign exchange losses, and net profit climbed to ¥0.8 billion even after the absence of a prior-year gain on asset sales, indicating improved earnings quality and some resilience in profitability amid a weak demand environment.
The most recent analyst rating on (JP:4249) stock is a Hold with a Yen2400.00 price target. To see the full list of analyst forecasts on Moriroku Holdings Co., Ltd. stock, see the JP:4249 Stock Forecast page.
More about Moriroku Holdings Co., Ltd.
Moriroku Company, Ltd., part of Moriroku Holdings, operates in resin-treated products and chemicals, supplying components primarily to major automotive manufacturers and industrial customers. The company has a strong presence in Japan, North America, China and other Asian markets, and is sensitive to global auto production trends and chemical demand cycles.
Average Trading Volume: 18,344
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen35.03B
See more insights into 4249 stock on TipRanks’ Stock Analysis page.