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.<\/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\u2606\u2606","jir_publication_date":"2026-01-14","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/9837-20260114-05.pdf","jir_short_summary":"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.","jir_summary":"### Overview of Earnings\nAt the board meeting held on January 14, 2026, Morito Co., Ltd. reanalyzed and reassessed the current status of the initiatives toward realizing management focused on cost of capital and share price, which were disclosed on June 18, 2025. The company updated its policies and efforts toward improvement. The earnings forecast for the fiscal year ending November 2026 projects consolidated net sales of 630 billion yen, consolidated operating income of 3.5 billion yen, and consolidated net income attributable to owners of parent of 3 billion yen. Although ROE and PBR show improving trends, the company recognizes that PBR is near 1x and ROE has not yet met investor expectations.\n\n### Advancing Management Focused on Cost of Capital and Share Price\nThe company prioritizes business expansion and enhancing corporate value through capital policy, showing a firm commitment to promoting management mindful of cost of capital and share price. It directs readers to refer to the attached materials for details. Moving forward, Morito aims to improve corporate value from both management and capital policy perspectives to meet investors' expectations.","jir_financial_highlights":"Consolidated Net Sales: 63,000 million yen (Increase from forecast of 56,867 million yen for fiscal year ending November 2025)\nConsolidated Operating Income: 3,500 million yen (Increase from forecast of 3,333 million yen for fiscal year ending November 2025)\nConsolidated Net Income Attributable to Owners of Parent: 3,000 million yen (Increase from forecast of 2,916 million yen for fiscal year ending November 2025)\nROE: Unknown (Trend improving but below investor expectation levels)\nPBR: Unknown (Trend improving but near 1x, below investor expectation levels)\nShare Price at Fiscal Year-End: Unknown (1,638 yen for fiscal year ending November 2025)","jir_category":"","jir_hashtags":"#MoritoCoLtd, #ManagementPolicyUpdate, #CostOfCapital, #SharePrice, #EnhancingCorporateValue","jir_key_figures":"Consolidated Net Sales: 63,000 million yen (Earnings forecast for fiscal year ending November 2026)\nConsolidated Operating Income: 3,500 million yen (Earnings forecast for fiscal year ending November 2026)\nConsolidated Net Income Attributable to Owners of Parent: 3,000 million yen (Earnings forecast for fiscal year ending November 2026)","jir_meta_title":"Morito Co., Ltd. Announces Earnings Forecast for Fiscal Year Ending November 2026: Net Sales 630 Billion Yen, Operating Income 3.5 Billion Yen","jir_meta_description":"Morito Co., Ltd. updates initiatives toward realizing management focused on cost of capital and share price. Consolidated net sales for fiscal year ending November 2026 expected at 63,000 million yen, operating income at 3,500 million yen, and net income at 3,000 million yen.","jir_og_title":"Morito Co., Ltd. Updates Initiatives for Management Mindful of Cost of Capital","jir_og_description":"Revised earnings forecast for fiscal year ending November 2026: net sales 63,000 million yen, operating income 3,500 million yen, net income 3,000 million yen. Strengthening efforts to enhance corporate value.","jir_og_image_url":"\/assets\/og\/company-capital_policy.jpg","jir_chart_data_collection":"[]","ir_related_company":17494,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-18877","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n