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.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"9837","jir_company_name":"Morito Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-01-14","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/9837-20260114-01.pdf","jir_short_summary":"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.","jir_summary":"### Overview of Operating Results\nFor the November 2025 term, consolidated net sales amounted to JPY 56,867 million (17.2% YoY increase), operating income was JPY 3,333 million (16.2% YoY increase), ordinary income reached JPY 3,624 million (20.7% YoY increase), and net income attributable to owners of parent was JPY 2,916 million (13.4% YoY increase). Despite challenging domestic and international business environments, the inclusion of Ms.ID Co., Ltd. and Mitsuboshi Corporation as new consolidated subsidiaries, along with strong performance in sports-related and game-related products, contributed positively. By segment, sales in Japan were JPY 41,310 million (25.1% YoY increase), Asia JPY 8,280 million (1.1% YoY decrease), and Americas\/Europe JPY 7,275 million (1.7% YoY increase).\n\n### Financial Position and Cash Flow Status\nTotal assets increased to JPY 55,498 million (up JPY 30,222 million from previous fiscal year-end), and net assets grew to JPY 39,832 million (up JPY 5,556 million). The equity ratio declined to 71.8%. Cash flows from operating activities were positive JPY 2,994 million; investing activities had negative cash flow of JPY 5,015 million; and financing activities resulted in negative cash flow of JPY 4,142 million. Cash and cash equivalents totaled JPY 9,401 million.\n\n### Outlook and Dividend Policy\nFor the November 2026 term, consolidated earnings forecasts anticipate net sales of JPY 63,000 million (10.8% YoY increase), operating income of JPY 3,500 million (5.0% YoY increase), ordinary income of JPY 3,700 million (2.1% YoY increase), and net income attributable to owners of parent of JPY 3,000 million (2.9% YoY increase). Dividends are planned at JPY 72 per share annually (JPY 36 interim and JPY 36 year-end), targeting stable and continuous dividends based on a consolidated Dividend on Equity (DOE) of 4.0%.\n\n### Summary of M&A Activities\nIn December 2024, Ms.ID Co., Ltd. was acquired, and in April 2025, Mitsuboshi Corporation and one of its subsidiaries became consolidated subsidiaries. These acquisitions aim to expand the apparel-related BtoC business area and strengthen the e-commerce platform business, aiming to become a global niche-top company. The acquisition costs were JPY 4.3 billion and JPY 1.06 billion respectively, with a negative goodwill recognized as gain of JPY 1,105 million.","jir_financial_highlights":"Net Sales: JPY 56,867 million (17.2% YoY increase)\nOperating Income: JPY 3,333 million (16.2% YoY increase)\nOrdinary Income: JPY 3,624 million (20.7% YoY increase)\nNet Income Attributable to Owners of Parent: JPY 2,916 million (13.4% YoY increase)\nNumber of Issued Shares at Term-End (Common Stock): 26,800,000 shares (Decrease YoY (30,000,000 shares \u2192 26,800,000 shares))\nNumber of Treasury Shares at Term-End: 1,204,249 shares (Decrease YoY (3,739,949 shares \u2192 1,204,249 shares))\nAnnual Dividend (Planned): JPY 72 per share (Increase YoY (JPY 70 \u2192 JPY 72))","jir_category":"","jir_hashtags":"#MoritoCoLtd, #FinancialSummary, #JapaneseStocks","jir_key_figures":"Net Sales: JPY 56,867 million (17.2% YoY increase)\nNet Income Attributable to Owners of Parent: JPY 2,916 million (13.4% YoY increase)\nNumber of Issued Shares at Term-End: 26,800,000 shares (decrease YoY)","jir_meta_title":"Morito Co., Ltd. Financial Summary for November 2025 Term: 17.2% Sales Growth, 16.2% Operating Income Increase","jir_meta_description":"Morito Co., Ltd. Financial Summary for the November 2025 term. Net sales were JPY 56,867 million (17.2% YoY growth), operating income was JPY 3,333 million (16.2% YoY growth), and net income attributable to owners of parent was JPY 2,916 million (13.4% YoY growth). Annual dividend is planned at JPY 72 per share.","jir_og_title":"Morito Co., Ltd. Announces Financial Summary for November 2025 Term","jir_og_description":"Consolidated operating results for November 2025 term show growth with net sales of JPY 56,867 million, operating income of JPY 3,333 million, and net income of JPY 2,916 million. Dividend increase is also planned.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Net Sales Trend (Million JPY)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"FY2024 Nov\\\",\\\"FY2025 Nov\\\",\\\"FY2026 Nov Forecast\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Sales\\\",\\\"data\\\":[48537,56867,63000],\\\"borderColor\\\":\\\"#3e95cd\\\",\\\"fill\\\":false}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Income Trend (Million JPY)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"FY2024 Nov\\\",\\\"FY2025 Nov\\\",\\\"FY2026 Nov Forecast\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income\\\",\\\"data\\\":[2868,3333,3500],\\\"borderColor\\\":\\\"#8e5ea2\\\",\\\"fill\\\":false}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"net_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Net Income Attributable to Owners of Parent Trend (Million JPY)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"FY2024 Nov\\\",\\\"FY2025 Nov\\\",\\\"FY2026 Nov Forecast\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Income\\\",\\\"data\\\":[2572,2916,3000],\\\"borderColor\\\":\\\"#3cba9f\\\",\\\"fill\\\":false}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"segment_revenue_breakdown\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Revenue Breakdown by Region (November 2025 Term, Million JPY)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Japan\\\",\\\"Asia\\\",\\\"Americas\/Europe\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Sales\\\",\\\"data\\\":[41310,8280,7275],\\\"backgroundColor\\\":[\\\"#3e95cd\\\",\\\"#8e5ea2\\\",\\\"#3cba9f\\\"]}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"dividend_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Annual Dividend Trend (JPY \/ Share)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"FY2024 Nov\\\",\\\"FY2025 Nov\\\",\\\"FY2026 Nov Forecast\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Annual Dividend\\\",\\\"data\\\":[63,70,72],\\\"borderColor\\\":\\\"#e8c3b9\\\",\\\"fill\\\":false}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}]","ir_related_company":17494,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-18873","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n