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Morito Co., Ltd. ( (JP:9837) ) has provided an update.
Morito Co., Ltd. has achieved record-breaking net sales, operating profit, and ordinary profit, marking all-time highs since the start of their semiannual reporting. The company is optimistic about recovering from inventory adjustments in the domestic apparel sector and aims for an 8.0% return on equity, driven by strategic product development and investments following the spin-off of Morito Japan.
More about Morito Co., Ltd.
Morito Co., Ltd. operates in the apparel industry, focusing on domestic apparel and sports-related products. The company is known for its innovative approach and has a market presence that includes inbound tourism demand.
Average Trading Volume: 61,242
Technical Sentiment Signal: Hold
Current Market Cap: Yen36.64B
See more insights into 9837 stock on TipRanks’ Stock Analysis page.