In the fiscal year ending November 2025, an extraordinary loss of 825,020 thousand yen for goodwill impairment was recorded for the U.S. 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-01-14","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/9837-20260114-03.pdf","jir_short_summary":"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.","jir_summary":"### Regarding the Recording of Goodwill Impairment Loss\nMorito Co., Ltd. recorded an extraordinary loss of 825,020 thousand yen for goodwill impairment in the fiscal year ending November 2025 related to its consolidated subsidiary MORITO SCOVILL AMERICAS, LLC\u2019s U.S. business operations. This was due to a careful review of recoverability considering the impact of reciprocal tariffs, rising raw material costs, and increasing uncertainty in U.S. consumer demand, resulting in a reduction of the book value to recoverable value.\n\n### Impact on Consolidated Results and Future Measures\nThis extraordinary loss is reflected in the financial summary for the fiscal year ending November 2025. In light of accelerating local production and consumption trends in the apparel and transportation industries, restructuring of the global sales system, and the impact of U.S. tariff policies, we are working to strengthen adaptability to change and establish a resilient manufacturing system.","jir_financial_highlights":"Extraordinary Loss (Goodwill Impairment): 825,020 thousand yen (Unknown)","jir_category":"","jir_hashtags":"#MoritoCoLtd, #FinancialResults, #ExtraordinaryLoss","jir_key_figures":"Extraordinary Loss (Goodwill Impairment): 825,020 thousand yen\nTarget Subsidiary: MORITO SCOVILL AMERICAS, LLC (U.S. Business Location)\nFiscal Period: Fiscal Year Ending November 2025 (December 1, 2024 \u2013 November 30, 2025)","jir_meta_title":"Morito Co., Ltd. Records 825,020 Thousand Yen Goodwill Impairment Loss in Fiscal Year Ending November 2025","jir_meta_description":"Morito Co., Ltd. recorded an extraordinary loss of 825,020 thousand yen for goodwill impairment of its U.S. subsidiary in the fiscal year ending November 2025. The company announced measures considering tariff impacts and consumer uncertainty.","jir_og_title":"Morito Records Goodwill Impairment Loss of 825,020 Thousand Yen in Fiscal Year Ending November 2025","jir_og_description":"Morito Co., Ltd. has recorded an extraordinary loss for goodwill impairment related to its U.S. subsidiary. This is an important announcement impacting its financial performance.","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[]","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-18875","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n