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Morito Co., Ltd. Reports Stable Sales and Increased Profitability in 2024

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Morito Co., Ltd. Reports Stable Sales and Increased Profitability in 2024

Morito Co., Ltd. ( (JP:9837) ) has shared an announcement.

Morito Co., Ltd. has reported its financial results for November 2024, highlighting a stable performance with net sales remaining relatively unchanged from the previous year. However, the company experienced a notable increase in operating profit by 16.4%, ordinary profit by 8.4%, and profit attributable to owners of the parent by 16.0%, indicating improved operational efficiency and profitability. Despite a slight decrease in comprehensive income, the company’s financial position remains strong with a high capital adequacy ratio and positive cash flow from operating activities.

More about Morito Co., Ltd.

Morito Co., Ltd. is a company listed on the Tokyo Stock Exchange, primarily operating in the general business category. The company is engaged in manufacturing and sales, with a focus on providing various products and services across different market segments.

YTD Price Performance: -4.89%

Average Trading Volume: 62,984

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen39.13B

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

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