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

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Morito Co., Ltd. ( (JP:9837) ) just unveiled an announcement.

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.

More about Morito Co., Ltd.

Morito Co., Ltd. operates in the manufacturing industry, focusing on producing and distributing a wide range of products, including apparel accessories and materials. The company is positioned in the TSE Prime Market and is headquartered in Osaka, Japan.

YTD Price Performance: -11.14%

Average Trading Volume: 48,751

Technical Sentiment Signal: Hold

Current Market Cap: Yen34.97B

See more data about 9837 stock on TipRanks’ Stock Analysis page.

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