Morito Co., Ltd. Financial Summary for the Third Quarter of the Fiscal Year Ending November 2026 [Japanese GAAP] (Consolidated)

Key Points of the Financial Results

For the third quarter of this fiscal year, revenue was 49,305.951 million yen (up 21.5% YoY), and segment-level revenues also increased amid a favorable sales environment. Operating income was 2,917.694 million yen (up 22.7% YoY), and ordinary income was 3,109.675 million yen (increase from the prior period), maintaining a profit-increasing trend. However, net income attributable to owners of the parent for the quarter was 2,366.986 million yen, down -21.6% YoY, indicating a decline in profit level. The acquisition of Hisanaga Manufacturing Co. as a newly consolidated subsidiary affected results, resulting in increased goodwill and recognition of gain on negative goodwill.

Outlook and Impact for Investors

Full-year forecasts have been revised to revenue of 66,000 hundred million yen, operating income of 3,600 hundred million yen, and net income attributable to owners of the parent of 3,050 hundred million yen. Amortization of goodwill and business combination costs related to the acquisition of Hisanaga Manufacturing Co. will have an impact, but the group expects steady overall growth, with business expansion progressing in sustainable products (Rideeco, MURON, etc.).