tiprankstipranks
Morito Co., Ltd. Reports Solid Quarterly Growth
Company Announcements

Morito Co., Ltd. Reports Solid Quarterly Growth

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

Stay Ahead of the Market:

Morito Co., Ltd. has reported a slight increase in net sales and a significant jump in operating and ordinary profits in its latest quarterly operating results, with net sales marking a 0.2% rise from the previous year and profits attributable to owners up by 11%. The company’s financial position remains strong, with total assets increasing and a capital adequacy ratio of 75.7%. Additionally, Morito Co., Ltd. declared a second-quarter dividend of 29.00 yen per share.

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

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App