Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Morito Co., Ltd. ( (JP:9837) ) has shared an update.
Morito Co., Ltd. announced a gain of 1,120 million yen from negative goodwill following its acquisition of Mitsuboshi Corporation, now a consolidated subsidiary. Despite uncertainties in the U.S. market and a shift towards local production in the apparel industry, the company’s financial forecast for the fiscal year remains unchanged.
More about Morito Co., Ltd.
Morito Co., Ltd. operates in the apparel industry, focusing on manufacturing and optimizing global production systems, including in ASEAN countries. The company is involved in the acquisition and management of subsidiaries to enhance its market position.
Average Trading Volume: 61,242
Technical Sentiment Signal: Hold
Current Market Cap: Yen36.64B
See more data about 9837 stock on TipRanks’ Stock Analysis page.