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Morito Co., Ltd. Holds Off on Treasury Share Repurchase Amid Acquisition Impacts

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Morito Co., Ltd. Holds Off on Treasury Share Repurchase Amid Acquisition Impacts

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The latest update is out from Morito Co., Ltd. ( (JP:9837) ).

Morito Co., Ltd. announced that it did not repurchase any treasury shares during the specified period in May 2025. The decision was influenced by the anticipated negative goodwill from acquiring Mitsuboshi Corporation’s shares, which is expected to impact the company’s consolidated financial results. The exact effect on financial outcomes is still under discussion and will be disclosed once determined.

More about Morito Co., Ltd.

Morito Co., Ltd. operates in the manufacturing industry, focusing on producing and supplying various components and materials. The company is known for its diverse product range and serves multiple market segments.

Average Trading Volume: 60,800

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen37.48B

For detailed information about 9837 stock, go to TipRanks’ Stock Analysis page.

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