Morito Begins Execution of Share Buyback Program on TSE Prime

Morito Co., Ltd. ( (JP:9837) ) has shared an update.

Morito Co., Ltd. has repurchased 56,000 shares of its common stock on the Tokyo Stock Exchange between January 15 and January 31, 2026, at a total cost of ¥98.34 million, as part of a previously authorized share buyback program under Japan’s Companies Act. This transaction represents the initial execution under a Board-approved plan allowing buybacks of up to 600,000 shares, or about 2.3% of shares outstanding, for as much as ¥1.2 billion through January 14, 2027, and leaves the company holding 943,209 treasury shares as of January 31, 2026, a move that can support capital efficiency and potentially enhance shareholder value.

The most recent analyst rating on (JP:9837) stock is a Buy with a Yen2069.00 price target. To see the full list of analyst forecasts on Morito Co., Ltd. stock, see the JP:9837 Stock Forecast page.

More about Morito Co., Ltd.

Morito Co., Ltd. is a Japan-based company listed on the Tokyo Stock Exchange Prime Market that operates in the manufacturing and trading sector, focusing primarily on apparel and industrial accessory parts such as fasteners and related components. Headquartered in Osaka, it serves both domestic and international markets, supplying parts to clothing, automotive, and other industrial applications.

Average Trading Volume: 111,436

Technical Sentiment Signal: Buy

Current Market Cap: Yen41.92B

See more data about 9837 stock on TipRanks’ Stock Analysis page.