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Morito Co., Ltd. ( (JP:9837) ) has shared an announcement.
Morito Co., Ltd. announced that it did not repurchase any treasury shares during the specified period from June 1, 2025, to June 30, 2025, despite having a resolution in place to acquire up to 1,200,000 shares. The decision was influenced by the anticipated negative goodwill arising from the acquisition of Mitsuboshi Corporation’s shares, which is expected to impact the company’s consolidated financial results. The company plans to disclose the financial impact once it is determined.
More about Morito Co., Ltd.
Morito Co., Ltd. operates in the manufacturing industry, focusing on producing and distributing various fastening materials, including hooks and loops, buttons, and other related products. The company is headquartered in Osaka, Japan, and is listed on the Tokyo Stock Exchange Prime Market.
Average Trading Volume: 65,377
Technical Sentiment Signal: Buy
Current Market Cap: Yen36.66B
Find detailed analytics on 9837 stock on TipRanks’ Stock Analysis page.