#MoritoCoLtd

For the fiscal year ending November 2025, the dividend per share is 37.00 yen, with a total dividend amount of 965 million yen. A resolution to reverse 20,335,000,000 yen of special reserve was made, with an effective date planned for February 26, 2026.

Proposal to newly establish Articles 39 and 40 in the Articles of Incorporation to allow dividends of surplus to be decided by the Board of Directors and to delete duplicate provisions, to be submitted at the shareholders meeting scheduled on February 26, 2026.

From January 1 to 14, 2026, 45,800 ordinary shares were acquired through market purchase at a total acquisition cost of 79,964,000 yen, and the share buyback pursuant to the board resolution on January 14, 2025, was completed.

For the November 2025 term, consolidated net sales were JPY 56,867 million (17.2% YoY increase), operating income was JPY 3,333 million (16.2% YoY increase), and net income attributable to owners of parent was JPY 2,916 million (13.4% YoY increase). The number of issued shares at term-end was 26,800,000 shares, and treasury stock at term-end was 1,204,249 shares.

For the fiscal year ending November 2025, net sales reached 56,867 million yen, up 17.2% year-over-year. Operating income was 3,333 million yen, up 16.2%, and net income attributable to owners of parent was 2,916 million yen, a 13.4% increase, setting new record highs.

In the fiscal year ending November 2025, an extraordinary loss of 825,020 thousand yen for goodwill impairment was recorded for the U.S. subsidiary.

Morito Co., Ltd. has resolved to acquire up to 600,000 shares of common stock (representing 2.3% of the total number of issued shares) with an upper limit of 1.2 billion yen for the total acquisition amount, from January 15, 2026, to January 14, 2027.

For the fiscal year ending November 2026, consolidated net sales are forecasted at 630 billion yen, operating income at 3.5 billion yen, and net income attributable to owners of parent at 3 billion yen. Although ROE shows improvement, it falls short of investor expectations, prompting promotion of management mindful of cost of capital and share price.