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MORITO, First Half Ordinary Profit Increases by 9%, Current Fiscal Year Dividend Revised Upward by 2 Yen

Fri Jul 11, 2025 3:30 pm JST Earnings

9837 MORITO CO.,LTD. 【J-GAAP】

Earnings Report

MORITO CO.,LTD. <9837> [TSE Prime] announced its financial results after the market closed on July 11th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending November 2025 (December 2024 to May 2025) increased 9.5% from the same period last year, reaching 1.71 billion yen. Progress toward the full-year plan of 3.30 billion yen was 51.9%, almost the same as the five-year average of 49.7%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the June to November period (second half) is expected to grow 10.4% from the same period last year, reaching 1.58 billion yen.

At the same time, the company has increased its planned annual dividend for the current fiscal year from the original plan of 67 yen to 69 yen (compared to 63 yen in the previous period).

In the most recent three-month period, from March to May (2Q), the consolidated ordinary profit grew 14.3% from the same period last year, reaching 1.02 billion yen. The operating profit margin remained almost flat, changing from 6.8% in the same period last year to 7.0%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Dec - May, 2022 24,148 1,305 1,459 1,308 48.9 52.7 Jul 13, 2023 J-GAAP
Dec - May, 2023 23,749 1,483 1,565 1,393 52.4 52.1 Jul 12, 2024 J-GAAP
Dec - May, 2024 25,805 1,570 1,713 2,359 90.0 51.9 Jul 11, 2025 J-GAAP
YoY +8.7% +5.9% +9.5% +69.3% +71.7%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec - May, 2024 Guidance ー ー ー ー － 33 Jan 14, 2025 J-GAAP
Dec - May, 2024 Results 25,805 1,570 1,713 2,359 90.0 33 Jul 11, 2025 J-GAAP
Revision Rate － － － － －

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Nov, 2025 Prev 56,000 3,200 3,300 2,800 109.0 67 Apr 11, 2025 J-GAAP
Nov, 2025 New 56,000 3,200 3,300 2,800 109.0 69 Jul 11, 2025 J-GAAP
Revision Rate 0.0% 0.0% 0.0% 0.0% 0.0%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun - Nov, 2024 24,788 1,385 1,438 1,179 44.5 34 Jan 14, 2025 J-GAAP
Jun - Nov, 2025 Guidance 30,195 1,630 1,587 441 17.2 36 Jul 11, 2025 J-GAAP
YoY +21.8% +17.7% +10.4% -62.6% -61.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Nov, 2023 48,529 2,464 2,771 2,217 83.1 55 Jan 12, 2024 J-GAAP
Nov, 2024 48,537 2,868 3,003 2,572 97.1 63 Jan 14, 2025 J-GAAP
Nov, 2025 Guidance 56,000 3,200 3,300 2,800 109.0 69 Jul 11, 2025 J-GAAP
YoY +15.4% +11.6% +9.9% +8.9% +12.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
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
Sep - Nov, 2024 12,912 715 718 653 24.7 5.5 Jan 14, 2025 J-GAAP
Dec - Feb, 2024 12,161 617 689 601 22.9 5.1 Apr 11, 2025 J-GAAP
Mar - May, 2025 13,644 953 1,024 1,758 67.1 7.0 Jul 11, 2025 J-GAAP
YoY +13.7% +16.1% +14.3% +112.1% +115.0%

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