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An update from Morito Co., Ltd. ( (JP:9837) ) is now available.
Morito Co., Ltd. has completed a share repurchase program authorized by its board in January 2025, buying back 45,800 common shares on the Tokyo Stock Exchange between January 1 and January 14, 2026, at a total cost of ¥79.96 million. Under the full program period from January 15, 2025, to January 14, 2026, the company cumulatively repurchased 800,000 shares for approximately ¥1.28 billion, increasing its treasury holdings to 887,209 shares and reducing the number of shares outstanding to 25,912,791, a move that is likely aimed at enhancing shareholder value through improved capital efficiency and potentially supporting earnings per share.
The most recent analyst rating on (JP:9837) stock is a Buy with a Yen1857.00 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. is a Japan-based company listed on the TSE Prime Market, operating in the manufacturing and trading of apparel and industrial accessories and related components. Headquartered in Osaka, the company supplies a wide range of fastening materials and parts to domestic and international markets, serving apparel, footwear, automotive and other industrial sectors.
Average Trading Volume: 104,945
Technical Sentiment Signal: Buy
Current Market Cap: Yen40.85B
For detailed information about 9837 stock, go to TipRanks’ Stock Analysis page.