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An update from Morito Co., Ltd. ( (JP:9837) ) is now available.
Morito Co., Ltd. has reported record net sales, operating profit, and ordinary profit for the second consecutive fiscal year, indicating strong operational performance. The company has successfully implemented a lean profit structure, surpassing a gross profit ratio of 29%, and is now focusing on increasing net sales with a target of 60,000 million JPY for FY2025. Additionally, Morito Co., Ltd. has acquired Ms. ID as a subsidiary to create synergy and accelerate growth, with plans for further M&As to improve net sales and profits, enhancing their ROE.
More about Morito Co., Ltd.
YTD Price Performance: -4.89%
Average Trading Volume: 62,984
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen39.13B
For a thorough assessment of 9837 stock, go to TipRanks’ Stock Analysis page.