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Morito Co. Announces Solid Profit Growth
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Morito Co. Announces Solid Profit Growth

Morito Co., Ltd. (JP:9837) has released an update.

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Morito Co., Ltd. reported a slight decrease in net sales by 1.7%, but saw a significant increase in operating profit and profit attributable to owners of the parent by 13.7% and 6.5% respectively in May 2024 compared to May 2023. The company also declared a second-quarter dividend of 29.00 yen per share, up from 27.00 yen the previous year, indicating a strong financial position.

For further insights into JP:9837 stock, check out TipRanks’ Stock Analysis page.

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