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Morito Continues Share Buyback Under Ongoing Treasury Stock Program

Story Highlights
  • Morito repurchased 72,600 shares in February 2026 for about 139 million yen under its ongoing buyback program.
  • Total treasury shares now stand at over one million, with room remaining under the board’s authorization for further repurchases.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Morito Continues Share Buyback Under Ongoing Treasury Stock Program

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

Morito Co., Ltd. has repurchased 72,600 shares of its common stock on the Tokyo Stock Exchange during February 2026, at a total cost of 139,383,800 yen, under an authorization based on Japan’s Companies Act. This transaction is part of a broader board-approved buyback program allowing up to 600,000 shares or 1.2 billion yen through January 14, 2027.

Including this latest transaction, Morito has cumulatively acquired 128,600 treasury shares for 237,723,900 yen under the current resolution, bringing its treasury stock holdings to 1,015,809 shares as of February 28, 2026. The continued buyback activity may support shareholder returns and capital efficiency, while leaving room for further repurchases given the remaining capacity under the existing authorization.

The most recent analyst rating on (JP:9837) stock is a Buy with a Yen2487.00 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 components such as fasteners and related materials. Headquartered in Osaka, the company serves both domestic and global markets through supplying parts used in clothing, footwear, and various industrial applications, positioning itself as a key niche components provider.

Average Trading Volume: 96,601

Technical Sentiment Signal: Buy

Current Market Cap: Yen49.19B

See more insights into 9837 stock on TipRanks’ Stock Analysis page.

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