Morito Co., Ltd. (9837) AI Stock Analysis

• Market Cap: ¥36.66B
• Dividend Yield: 690.54%
• Average Volume (3M): 72.69K
• Price to Earnings (P/E): 14.0
• Beta (1Y): 0.71
• Revenue Growth: 1.00%
• EPS Growth: 16.36%
• Country: JP
• Employees: 1,509
• Sector: Consumer Cyclical
• Sector Strength: 56
• Industry: Apparel - Retail
• EPS (TTM): 24.79
• Shares Outstanding: 30,000,000
• 10 Day Avg. Volume: 60,050
• 30 Day Avg. Volume: 72,693
• PEG Ratio: 0.58
• Price to Book (P/B): 0.56
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 85.09
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 73 Outperform
• Price Target: ¥1,541.00 ▲(11.91%Upside)

The overall stock score is driven primarily by strong financial performance, highlighting the company's robust financial health and profitability. While the technical analysis indicates mixed signals, and valuation metrics are reasonable with an attractive dividend yield, these elements provide a solid foundation but are not as dominant as the financials.

Morito Co., Ltd. Business Overview & Revenue Model

Company Description

Morito Co., Ltd. is a Japanese company engaged in the manufacturing and sale of accessories and materials primarily for the apparel and footwear industries. It operates in two main sectors: the product business, which includes fasteners, buttons, and apparel accessories, and the textile business, which involves textile products and related materials. The company is known for its innovative designs and high-quality products that cater to a diverse global market.

How the Company Makes Money

Morito Co., Ltd. generates revenue through the sale of its extensive range of products, such as fasteners, buttons, and other apparel accessories, to clothing and footwear manufacturers. The company also earns through its textile division by supplying various textile materials and products. Key revenue streams include domestic and international sales to manufacturers, wholesalers, and retailers who utilize Morito's products in their own production processes. Strategic partnerships with global fashion brands and manufacturers further enhance Morito's market presence and contribute to its earnings.

Morito Co., Ltd. Financial Statement Overview

Summary

Morito Co., Ltd. demonstrates strong financial health with a robust balance sheet, excellent income statement performance, and efficient cash flow management. The company maintains a low debt-to-equity ratio and strong profitability metrics, providing a solid financial foundation.

Income Statement

Morito Co., Ltd. has shown a strong performance in its income statement metrics. The gross profit margin is healthy, indicating effective cost management. The net profit margin has improved over the years, reflecting enhanced profitability. Revenue growth rate is modest, showing stability but limited expansion. The company has maintained a consistent EBIT and EBITDA margin, reinforcing its operational efficiency.

Balance Sheet

The company's balance sheet is robust, characterized by a low debt-to-equity ratio, suggesting minimal financial leverage and risk. The return on equity is strong, indicating efficient use of equity capital to generate profits. The equity ratio is high, denoting financial stability and a solid equity base. Overall, the balance sheet reflects a well-managed financial structure.

Cash Flow

Morito Co., Ltd. demonstrates good cash flow management. The operating cash flow to net income ratio is strong, indicating healthy cash generation relative to net income. Free cash flow growth is positive, though not significantly high, showing adequate cash availability for reinvestment. The free cash flow to net income ratio is favorable, highlighting efficient cash usage.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	48.13B	48.54B	48.53B	48.48B	43.64B	40.73B
Gross Profit	13.34B	14.14B	12.74B	12.49B	11.40B	10.57B
EBITDA	4.80B	5.16B	4.50B	3.88B	3.31B	2.02B
Net Income	2.30B	2.57B	2.22B	1.67B	1.41B	470.10M
Balance Sheet
Total Assets	51.83B	52.48B	51.43B	50.27B	45.94B	43.70B
Cash, Cash Equivalents and Short-Term Investments	14.58B	15.46B	13.01B	10.40B	11.10B	10.13B
Total Debt	1.33B	1.19B	1.47B	1.75B	2.15B	2.88B
Total Liabilities	12.21B	13.20B	12.97B	13.59B	12.02B	11.68B
Stockholders Equity	39.63B	39.28B	38.46B	36.68B	33.91B	32.02B
Cash Flow
Free Cash Flow	1.34B	4.06B	3.86B	239.65M	1.79B	2.13B
Operating Cash Flow	1.34B	4.62B	4.40B	850.63M	2.64B	2.46B
Investing Cash Flow	0.00	638.66M	77.81M	-135.11M	-401.71M	-16.76M
Financing Cash Flow	0.00	-2.68B	-1.98B	-1.92B	-1.38B	-1.88B

Morito Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1377.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9837, the sentiment is Negative. The current price of 1377 is above the 20-day moving average (MA) of 1373.45, below the 50-day MA of 1384.92, and below the 200-day MA of 1416.08, indicating a bearish trend. The MACD of -4.27 indicates Negative momentum. The RSI at 44.82 is Neutral, neither overbought nor oversold. The STOCH value of 69.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9837.

Morito Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8018	78 Outperform	¥24.39B	11.30		4.42%	6.22%	-2.50%
7606	74 Outperform	¥59.98B	13.57		3.61%	12.39%	-11.38%
9837	73 Outperform	¥36.66B	14.01		690.54%	1.00%	16.36%
2792	69 Neutral	¥44.14B	10.83		3.79%	2.00%	-28.32%
8185	68 Neutral	¥38.72B	14.41		2.83%	-1.59%	57.60%
8008	68 Neutral	¥37.17B	26.99		4.79%	16.33%	5.84%
Sector *	62 Neutral	$16.76B	11.38	-7.38%	2.96%	1.59%	-23.30%

Morito Co., Ltd. Corporate Events

Morito Co., Ltd. Halts Treasury Share Repurchase Amid Acquisition Developments

Morito Co., Ltd. announced that it did not repurchase any treasury shares during the specified period from June 1, 2025, to June 30, 2025, despite having a resolution in place to acquire up to 1,200,000 shares. The decision was influenced by the anticipated negative goodwill arising from the acquisition of Mitsuboshi Corporation’s shares, which is expected to impact the company’s consolidated financial results. The company plans to disclose the financial impact once it is determined.

Morito Co., Ltd. Updates Capital Management Strategies

Morito Co., Ltd. has updated its strategies to enhance management awareness of capital costs and stock prices, following a board meeting on June 18, 2025. Despite improvements in PBR and ROE, the company aims to further boost corporate value by prioritizing business performance and capital policy enhancements, with a forecasted increase in consolidated net sales and operating profit for FY2025.

Morito Co., Ltd. Holds Off on Treasury Share Repurchase Amid Acquisition Impacts

Morito Co., Ltd. announced that it did not repurchase any treasury shares during the specified period in May 2025. The decision was influenced by the anticipated negative goodwill from acquiring Mitsuboshi Corporation’s shares, which is expected to impact the company’s consolidated financial results. The exact effect on financial outcomes is still under discussion and will be disclosed once determined.

Morito Co., Ltd. Halts Treasury Share Repurchase Amid Subsidiary Acquisition

Morito Co., Ltd. announced that it did not repurchase any treasury shares during April 2025 due to the anticipated negative goodwill from acquiring Mitsuboshi Corporation, which will become a subsidiary. The financial impact of this acquisition is still under review, and the company plans to disclose its effects on the consolidated financial results once determined.

Morito Co., Ltd. Revises Financial Forecast Following Strategic Acquisition

Morito Co., Ltd. has revised its consolidated financial results forecast for the fiscal year ending November 30, 2025, due to its recent acquisition of Mitsuboshi Corporation, which has now become a consolidated subsidiary. This strategic move is expected to enhance Morito’s net sales and profits, with an upward revision in their financial forecast, reflecting a positive impact on the company’s operations and market positioning.

Morito Co., Ltd. Finalizes Acquisition Price for Ms. ID Co., Ltd.

Morito Co., Ltd. has announced the acquisition price for shares of Ms. ID Co., Ltd., which amounts to a total of 4,358 million yen, including advisory expenses. This acquisition was already factored into Morito’s financial forecast for the fiscal year ending November 30, 2025, ensuring no impact on its consolidated financial results.