Morito Co., Ltd. Announces Earnings Results for the Third Quarter Ended August 31, 2021
October 14, 2021 at 02:00 am EDT
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Morito Co., Ltd. announced earnings results for the third quarter ended August 31, 2021. For the quarter, the company reported net sales of ¥31,802 million against ¥29,942 million a year ago. Operating profit of ¥1,104 million against ¥418 million a year ago. Profit attributable to owners of parent of ¥757 million against ¥167 million a year ago. Basic earnings per share was ¥27.65 against ¥6.12 a year ago.
MORITO CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of materials for daily living. Through its subsidiaries and associated company, the Company is engaged in the manufacture and sale of clothing materials, and living materials for transportation equipment, video equipment, stationery, office automation (OA) equipment and others, the retail of living-related products through home centers, department stores and retail stores, as well as the rental, sale and cleaning of kitchen equipment. The Company is also engaged in the operation of rental factory, and sale of automotive interior accessories and apparel accessories.