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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 April 2025 due to the anticipated negative goodwill from acquiring Mitsuboshi Corporation, which will become a subsidiary. The financial impact of this acquisition is still under review, and the company plans to disclose its effects on the consolidated financial results once determined.
More about Morito Co., Ltd.
Morito Co., Ltd. operates in the manufacturing industry, focusing on producing and distributing various fastening materials and apparel accessories. The company primarily serves the textile and apparel sectors, providing essential components for clothing and related products.
Average Trading Volume: 46,555
Technical Sentiment Signal: Buy
Current Market Cap: Yen37.67B
Find detailed analytics on 9837 stock on TipRanks’ Stock Analysis page.