Want to see JP:9837 full AI Analyst Report?
Morito Co., Ltd. (9837) AI Stock Analysis
Morito Co., Ltd.
(TSE/TYO:9837)
The score is driven primarily by solid financial fundamentals (improving profitability and a very low-leverage balance sheet), partially offset by inconsistent cash-flow conversion in 2025. Valuation is supported by a ~4.05% dividend yield but tempered by a ~20.85 P/E, while technical signals are mixed with neutral momentum and price below the 100-day average.
Morito Co., Ltd. (9837) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 44.83B
- Dividend Yield
- 4.03%
- Average Volume (3M)
- 57.95K
- Price to Earnings (P/E)
- 20.0
- Beta (1Y)
- 0.60
- Revenue Growth
- 22.56%
- EPS Growth
- -35.35%
- Country
- Japan
- Employees
- 1,708
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Apparel - Footwear & Accessories
Morito Co., Ltd. Business Overview & Revenue Model
Company Description
Morito Co., Ltd. engages in the manufacture and sale of apparel-related materials and household goods and products in Japan, Asia, Europe, and the United States. It provides eyelets, snap fasteners, buckles, tape, and shoe uppers, casual wear, sports...
How the Company Makes Money
Morito primarily makes money by selling apparel and footwear-related materials and components to corporate customers (e.g., apparel makers, footwear makers, and brands) through a trading/distribution model. Revenue is generated from (1) product sales...
Morito Co., Ltd. Financial Statement Overview
Summary
Operating performance has recovered with 2025 revenue up to ¥56.9B (+6.3% YoY) and margins materially improved versus 2020 (gross margin ~29.6%, operating margin ~7.5%). The balance sheet is a clear strength with very low leverage (debt-to-equity ~0.07) and improving ROE (~7.3%). The main constraint is cash-flow variability: 2025 FCF fell to ~¥2.1B from ~¥4.1B in 2024 and operating cash flow declined, suggesting weaker cash conversion vs. last year.
Income Statement
74PositiveBalance Sheet
86Very PositiveCash Flow
63Positive| Breakdown | TTM | Nov 2025 | Nov 2024 | Nov 2023 | Nov 2022 | Nov 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 65.58B | 56.87B | 48.54B | 48.53B | 48.48B | 40.73B |
| Gross Profit | 19.93B | 16.46B | 13.63B | 12.74B | 11.94B | 10.00B |
| EBITDA | 4.37B | 5.67B | 5.16B | 4.50B | 3.88B | 2.02B |
| Net Income | 2.27B | 2.92B | 2.57B | 2.22B | 1.67B | 470.10M |
Balance Sheet | ||||||
| Total Assets | 56.29B | 55.76B | 52.77B | 51.75B | 50.57B | 44.01B |
| Cash, Cash Equivalents and Short-Term Investments | 10.13B | 9.40B | 15.46B | 13.01B | 10.40B | 10.13B |
| Total Debt | 2.74B | 2.93B | 1.37B | 1.69B | 3.07B | 3.19B |
| Total Liabilities | 15.89B | 15.93B | 13.50B | 13.30B | 13.89B | 12.00B |
| Stockholders Equity | 40.40B | 39.83B | 39.28B | 38.46B | 36.68B | 32.02B |
Cash Flow | ||||||
| Free Cash Flow | 2.14B | 2.14B | 4.10B | 3.91B | 333.63M | 2.21B |
| Operating Cash Flow | 2.99B | 2.99B | 4.62B | 4.40B | 850.63M | 2.46B |
| Investing Cash Flow | -5.02B | -5.02B | 638.66M | 77.81M | -135.11M | -16.76M |
| Financing Cash Flow | -4.14B | -4.14B | -2.68B | -1.98B | -1.92B | -1.88B |
Morito Co., Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9837, the sentiment is Neutral. The current price of 1811.00 is below the 20-day moving average (MA) of 1817.60, below the 50-day MA of 1813.00, and below the 200-day MA of 1826.38, indicating a bearish trend. The MACD of -1.51 indicates Positive momentum. The RSI at 49.18 is Neutral, neither overbought nor oversold. The STOCH value of 26.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:9837.
Morito Co., Ltd. Peers Comparison
Overall Rating
JP:760685Outperform
JP:272677Outperform- JP:983772Outperform
JP:822771Outperform
JP:279267Neutral
JP:354849Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JP:7606 | 85Outperform | JPY 69.46B | 10.24 | ― | 4.03% | 8.20% | 69.92% |
| JP:2726 | 77Outperform | JPY 274.12B | 14.50 | ― | 2.67% | 7.11% | 57.75% |
| JP:9837 | 72Outperform | JPY 42.18B | 20.02 | ― | 4.03% | 22.56% | -35.35% |
| JP:8227 | 71Outperform | JPY 743.40B | 15.62 | 9.11% | 2.23% | 5.20% | 11.08% |
| JP:2792 | 67Neutral | JPY 38.93B | 16.03 | ― | 3.94% | -3.56% | -29.47% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| JP:3548 | 49Neutral | JPY 19.23B | -16.89 | ― | 7.12% | -9.23% | 47.73% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:9837 | Morito Co., Ltd. | 1811.00 | 253.41 | 16.27% | |
| JP:8227 | SHIMAMURA Co | 3359.00 | 116.98 | 3.61% | |
| JP:2726 | PAL GROUP Holdings Co., Ltd. | 1500.00 | -433.86 | -22.44% | |
| JP:2792 | HONEYS HOLDINGS CO. LTD. | 1397.00 | -31.94 | -2.24% | |
| JP:3548 | BAROQUE JAPAN LIMITED | 534.00 | -176.22 | -24.81% | |
| JP:7606 | UNITED ARROWS LTD. | 2509.00 | 659.40 | 35.65% |
Morito Co., Ltd. Corporate Events
Morito Launches Share Buyback Under Board-Approved Repurchase Program
Morito Co., Ltd. has repurchased 11,700 shares of its common stock on the Tokyo Stock Exchange between July 16 and July 31, 2026, at a total cost of 21,162,100 yen. This buyback forms part of a broader board-approved program authorizing the acquisiti...
Morito Launches ¥600 Million Share Buyback to Enhance Capital Policy
Morito Co., Ltd. will implement a share repurchase program authorized by its board of directors to support flexible capital policies amid a shifting business environment. The move is positioned as a direct measure to return profits to shareholders an...
Morito Completes ¥1.12 Billion Share Buyback, Tightening Share Base
Morito Co., Ltd. has completed a share repurchase program authorized by its board in January 2026, acquiring a total of 600,000 shares of its common stock for approximately ¥1.12 billion through market purchases on the Tokyo Stock Exchange. The...
Morito Raises Dividend Benchmarks and Introduces Progressive Payout Policy
Morito Co., Ltd. has revised its basic dividend policy to strengthen capital efficiency and align shareholder returns with its 9th Mid-term Management Plan, aiming to sustainably enhance corporate value. Management is introducing a more transparent f...
Morito Unveils Five-Year “ACTION 1000” Plan to Balance Scale and Profitability
Morito Co., Ltd. has introduced its 9th Mid-term Management Plan, branded “ACTION 1000,” covering the five fiscal years from November 2027 to November 2031, with a core policy of balancing scale and profitability. The initiative seeks to...
Morito Hits Record Profits but Keeps Guidance Cautious Amid Middle East Risks
Morito reported that its Transportation Business remained resilient in Japan even as North American operations were dampened by weak results at some Japanese automakers. The Apparel Business absorbed the consolidation of Ms.ID and Mitsuboshi Corporat...
Morito Posts Strong Sales Growth but Lower Profit; Lifts Interim Dividend
Morito reported strong top-line growth for the six months ended May 31, 2026, with net sales rising 28.1% year on year to ¥33.1 billion and operating profit up 31.2%. Ordinary profit increased 26.4%, though profit attributable to owners of paren...
Morito Advances Share Buyback, Lifts Treasury Stock Holdings
Morito Co., Ltd. has repurchased 120,700 shares of its common stock on the Tokyo Stock Exchange between June 1 and June 30, 2026, at a total cost of ¥212,143,400, under the framework of a board-approved buyback program. This action is part of a...
Morito Accelerates Share Buybacks Under Ongoing Treasury Stock Program
Morito Co., Ltd. has continued its share repurchase program, buying back 72,200 shares of common stock on the Tokyo Stock Exchange between May 1 and May 31, 2026, at a total cost of ¥136.9 million. This move is part of a broader capital allocati...
Morito Advances Share Buyback, Tightening Capital Structure
Morito Co., Ltd. has executed a share repurchase program, buying back 117,100 shares of its common stock on the Tokyo Stock Exchange between April 1 and April 30, 2026, at a total cost of ¥227,387,000. The buyback is conducted under the authorit...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 06, 2026