MORITO CO.,LTD., December-August (Third Quarter Cumulative) Ordinary Profit Increases by 15%, June-Augus Ordinary Profit Increases by 35%

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Fri Oct 11, 2024 3:00 pm JST Earnings

9837 MORITO CO.,LTD. 【J-GAAP】

Earnings Report

MORITO CO.,LTD. <9837> [TSE-P] announced its financial results after the market closed on October 11th (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending November 2024 (December 2023 to August 2024) increased by 14.7% from the same period last year, reaching 2.28 billion yen. The progress rate against the 2.8 billion yen full-year plan was 81.6%, also surpassing the five-year average of 64.4%.

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the September to November period (4Q) is expected to drop by 33.8% from the same period last year to 515 million yen.

In the most recent three-month period, from June to August (3Q), the consolidated ordinary profit increased by 34.8% from the same period last year, reaching 720 million yen. The operating profit margin improved from 3.9% in the same period last year to 5.6%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Dec - Aug, 2021	35,172	1,586	1,747	1,242	46.1	74.6	Oct 14, 2022	J-GAAP
Dec - Aug, 2022	35,551	1,750	1,993	1,729	64.7	71.9	Oct 13, 2023	J-GAAP
Dec - Aug, 2023	35,625	2,153	2,285	1,919	72.3	81.6	Oct 11, 2024	J-GAAP
YoY	+0.2%	+23.0%	+14.7%	+11.0%	+11.8%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jun - Nov, 2023	24,381	1,159	1,312	909	34.1	28	Jan 12, 2024	J-GAAP
Jun - Nov, 2024 Guidance	27,251	1,117	1,235	907	34.5	29	Jul 12, 2024	J-GAAP
YoY	+11.8%	-3.6%	-5.9%	-0.2%	+1.3%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Nov, 2022	48,478	2,116	2,342	1,674	62.2	32	Jan 13, 2023	J-GAAP
Nov, 2023	48,529	2,464	2,771	2,217	83.1	55	Jan 12, 2024	J-GAAP
Nov, 2024 Guidance	51,000	2,600	2,800	2,300	87.5	58	Jan 12, 2024	J-GAAP
YoY	+5.1%	+5.5%	+1.0%	+3.7%	+5.3%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jun - Aug, 2023	11,403	445	534	421	15.8	3.9	Oct 13, 2023	J-GAAP
Sep - Nov, 2023	12,978	714	778	488	18.3	5.5	Jan 12, 2024	J-GAAP
Dec - Feb, 2023	11,744	662	669	564	21.2	5.6	Apr 12, 2024	J-GAAP
Mar - May, 2024	12,005	821	896	829	31.2	6.8	Jul 12, 2024	J-GAAP
Jun - Aug, 2024	11,876	670	720	526	19.8	5.6	Oct 11, 2024	J-GAAP
YoY	+4.1%	+50.6%	+34.8%	+24.9%	+25.9%