Morozov has revised downward its full-year earnings forecast for the period from February 1, 2026 to January 31, 2027. Net profit is expected to decrease by 62.3% from the previous forecast to 290 million yen, and dividends are revised from 10 yen to 5 yen, with an annual dividend of 10 yen expected.<\/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":"2217","jir_company_name":"Morozov Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-07-30","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/07\/2217-20260730-01.pdf","jir_short_summary":"Morozov has revised downward its full-year earnings forecast for the period from February 1, 2026 to January 31, 2027. Net profit is expected to decrease by 62.3% from the previous forecast to 290 million yen, and dividends are revised from 10 yen to 5 yen, with an annual dividend of 10 yen expected.","jir_summary":"### Performance Overview\nMorozov has revised downward its consolidated earnings forecast for the period from February 1, 2026 to January 31, 2027. Sales are expected to remain at 36,670 million yen, a decrease of \u25b3150 million yen (\u25b30.4%) from the previous estimate of 36,820 million yen. Operating income is projected to be 520 million yen, significantly below the previous forecast of 1,310 million yen. Net income is revised to 290 million yen, down substantially from the previous forecast of 770 million yen, representing a decline of 62.3%. Rising raw material prices and increased logistics costs are impacting profits.\n\n### Dividend Forecast Revision and Future Outlook\nDividends for the fiscal year ending March 2026 are revised from 16.00 yen to 10.00 yen, aligning with the downward revision of earnings forecast. Additionally, the year-end dividend is expected to change from 10.00 yen to 5.00 yen. The total annual dividend will be 10.00 yen, with the payout ratio set at approximately 69.2%. While the company plans to continue initiatives to reduce costs and secure sales, rising raw material costs and increased expenses pose ongoing challenges to improving profitability.","jir_financial_highlights":"Net Sales: 36,670 million yen (\u25b3150 million yen (\u25b30.4%))\nOperating Income: 520 million yen (\u25b3790 million yen (\u25b360.3%))\nNet Income Attributable to Owners of Parent: 290 million yen (\u25b3480 million yen (\u25b362.3%))","jir_category":"","jir_hashtags":"","jir_key_figures":"","jir_meta_title":"","jir_meta_description":"","jir_og_title":"","jir_og_description":"","jir_og_image_url":"","jir_chart_data_collection":"","ir_related_company":57175,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"earnings_guidance","footnotes":""},"sector":[],"importance":[],"class_list":["post-90502","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n