TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Morito Co., Ltd. ( (JP:9837) ) has provided an update.
Morito Co., Ltd. has seen a steady performance in its kitchen-appliance-related services and B2C businesses as it recovers from previous inventory adjustments, particularly in the domestic apparel sector. The recent consolidation of MITSUBOSHI CORPORATION has led to record-high net sales, operating profit, and ordinary profit. However, the company anticipates potential challenges due to U.S. trade policy and reduced sales periods for winter apparel caused by heat waves.
The most recent analyst rating on (JP:9837) stock is a Buy with a Yen1686.00 price target. To see the full list of analyst forecasts on Morito Co., Ltd. stock, see the JP:9837 Stock Forecast page.
More about Morito Co., Ltd.
Morito Co., Ltd. operates in the kitchen-appliance-related services and B2C sectors, with a focus on the domestic apparel industry.
Average Trading Volume: 84,780
Technical Sentiment Signal: Buy
Current Market Cap: Yen42.09B
For detailed information about 9837 stock, go to TipRanks’ Stock Analysis page.