Overview
Wholesale Trade

MORITO CO.,LTD.

Morito Co., Ltd. is a holding company that manufactures and sells apparel-related materials (eyelets, hooks, fasteners, hook-and-loop fasteners), lifestyle industrial materials, and automotive interior components through its group of 23 subsidiaries and 1 affiliate. The company serves apparel, uniform, accessories, stationery/OA equipment, and automotive sectors, and also engages in import/wholesale of marine leisure and snowboard goods, as well as kitchen equipment rental and cleaning services. Leveraging a global supply chain spanning Japan, China, Vietnam, Thailand, the Americas, and Europe, Morito delivers integrated product planning, manufacturing, and sales capabilities to a diversified industrial customer base.

Market Cap
¥45.1B
US$288M
EV
¥30.3B
US$193M
Stock¥1,819▼-0.38%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
6.1
x
LTM EV/EBIT
7.8
x
LTM PER
19.9
x
LTM PBR
1.1
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-10.1%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
45.1BUS$288MMarket Cap2.67BUS$17.1M+ Debt10.1BUS$64.6M− Cash7.33BUS$46.8M− Inv. Sec.30.3BUS$193MEV
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Performance & Balance
Revenue 5Y (¥B)
43.6US$278M'21/1148.5US$309M'22/1148.5US$309M'23/1148.5US$310M'24/1156.9US$363M'25/11
EBITDA 5Y (¥B)
2.56US$16.3M'21/113.11US$19.8M'22/113.47US$22.2M'23/113.85US$24.6M'24/114.33US$27.6M'25/11
Net Income 5Y (¥B)
1.41US$8.97M'21/111.67US$10.7M'22/112.22US$14.1M'23/112.57US$16.4M'24/112.92US$18.6M'25/11
Capital Structure
94%
EquityD/E 0.07xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
15.6US$99.4M2.15US$13.7M'21/1114.9US$94.8M1.75US$11.2M'22/1118.4US$118M1.47US$9.40M'23/1121.8US$139M1.61US$10.3M'24/1116.0US$102M2.93US$18.7M'25/11
Shareholders
Top 10 hold 37.7%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
8.09%
2
Meiji Yasuda Life Insurance Company
6.67%
3
Kaneemu Kogyo Co., Ltd.
6.26%
4
KURARAY CO.,LTD.
5.20%
5
Custody Bank of Japan, Ltd. (Trust Account)
4.60%
6
MORITO CO.,LTD. Employee Stock Ownership Association
2.04%
7
Mizuho Bank, Ltd.
1.38%
8
Custody Bank of Japan, Ltd. (Trust Account E)
1.30%
9
Morito Kyoei-kai
1.09%
10
BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC; Standing Proxy: MUFG Bank, Ltd.)
1.03%
Management
10 officers
Takanori ITSUBO
Representative Director, President
Nov 1981: Joined the Company Sep 1985: Seconded to MORITO (EUROPE) B.V. Mar 1992: Representative Director, President, MORITO (EUROPE) B.V. Apr 1996: General Manager, Overseas Business Division, Overseas Sales Headquarters, Sales Management Headquarters Feb 2000: Director, General Manager, Overseas Business Division, Overseas Sales Headquarters, Sales Management Headquarters Mar 2003: Director, General Manager, Overseas Business Division, Overseas Sales Headquarters Feb 2004: Managing Director, General Manager, Overseas Sales Headquarters and General Manager, Overseas Business Division Dec 2004: Managing Director, General Manager, Apparel Business Headquarters Dec 2005: Managing Director, General Manager, Overseas Business Strategy Office Dec 2009: Managing Director, General Manager, Administration Management Headquarters Nov 2013: Representative Director, President (current)
1954-01-18
Fumiki YANO
Director, Managing Executive Officer, General Manager of Business Promotion Office
Apr 1993: Joined the Company Sep 1995: Seconded to MORITO (EUROPE) B.V. May 2002: Representative Director, President, MORITO (EUROPE) B.V. Oct 2008: General Manager, Morito Jitsugyo (Hong Kong) Co., Ltd. [currently MORITO SCOVILL HONG KONG CO., LTD.] Dec 2010: Executive Officer Dec 2012: Executive Officer, Deputy General Manager, Product Business Headquarters, Sales Management Headquarters, and General Manager, Morito Jitsugyo (Hong Kong) Co., Ltd. [currently MORITO SCOVILL HONG KONG CO., LTD.] Dec 2013: Executive Officer, Product Business Headquarters, Sales Management Headquarters (attached) Feb 2014: Director, in charge of Global Business Promotion Dec 2014: Director, Executive Officer, General Manager, Overseas Business Headquarters Mar 2015: Director, Senior Executive Officer, General Manager, Overseas Business Headquarters Oct 2015: Director, Senior Executive Officer, General Manager, Overseas Business Headquarters, and General Manager, Corporate Planning Department Dec 2015: Director, Senior Executive Officer, General Manager, Corporate Planning Department Dec 2019: Director, Senior Executive Officer, General Manager, Business Strategy Headquarters Jan 2021: CEO, MORITO SCOVILL AMERICAS, LLC (current) Mar 2022: Director, Managing Executive Officer, General Manager, Business Strategy Headquarters Mar 2024: Director, Managing Executive Officer, General Manager, Business Promotion Office (current)
1968-09-30
Kiyomi AKUI
Director, Managing Executive Officer, General Manager of Corporate Management Office and General Manager of Administration Division
Apr 1987: Joined the Company Apr 2010: General Manager, Human Resources Department Dec 2012: General Manager, Human Resources Department, Group Management Strategy Headquarters Dec 2013: General Manager, Human Resources Department, Administration Management Headquarters Feb 2014: Executive Officer, General Manager, Human Resources Department, Administration Management Headquarters Dec 2014: Executive Officer, General Manager, Human Resources Department, Administration Division Mar 2016: Executive Officer, Deputy General Manager, Administration Division, and General Manager, Human Resources Department Feb 2019: Director, Senior Executive Officer, Deputy General Manager, Administration Division, and General Manager, Human Resources Department Jun 2019: Director, Senior Executive Officer, General Manager, Human Resources Department Dec 2019: Director, Senior Executive Officer, General Manager, Administration Division, and General Manager, Human Resources Department Dec 2020: Director, Senior Executive Officer, General Manager, Administration Division Jun 2021: Director, Senior Executive Officer, General Manager, Administration Division, and General Manager, Business Management Division Mar 2024: Director, Senior Executive Officer, General Manager, Administration Division Dec 2024: Director, Senior Executive Officer, General Manager, Corporate Management Office, and General Manager, Administration Division Mar 2025: Director, Managing Executive Officer, General Manager, Corporate Management Office, and General Manager, Administration Division (current)
1965-01-28
Hiroyoshi MORI
Director
Apr 1995: Joined the Company Nov 2004: Representative Director, President, MORITO (SINGAPORE) PTE. LTD. Oct 2008: Deputy General Manager, Morito Jitsugyo (Hong Kong) Co., Ltd. [currently MORITO SCOVILL HONG KONG CO., LTD.] Apr 2014: Deputy General Manager, Apparel Component Business Headquarters Dec 2014: Deputy General Manager, Overseas Business Headquarters Dec 2015: Executive Officer, Deputy General Manager, Apparel Component Business Headquarters Mar 2017: Executive Officer, General Manager, Apparel Component Business Headquarters Jun 2019: Executive Officer, General Manager, Global Business Promotion Office Dec 2019: Executive Officer, Deputy General Manager, Business Strategy Headquarters Feb 2022: Director, Morito Japan Co., Ltd. Jun 2022: Representative Director, President, Morito Apparel Co., Ltd. (current) Mar 2024: Executive Officer, Chief Officer in charge of Apparel Asia Strategy (current) Feb 2026: Director, Executive Officer, Chief Officer in charge of Apparel Asia Strategy
1970-11-29
Motoo MATSUZAWA
Director
Apr 1978: Employed by Dai-Ichi Kangyo Bank, Ltd. Apr 2001: Employed by Mizuho Holdings, Inc. [currently Mizuho Financial Group, Inc.] Jun 2003: Employed by Ferragamo Japan K.K. Mar 2007: Director, Ferragamo Japan K.K. Jun 2012: Full-time Audit & Supervisory Board Member, Daiko Yakuhin Co., Ltd. Feb 2017: Outside Director (current) Jun 2018: Director (Audit and Supervisory Committee Member), Daiko Yakuhin Co., Ltd. Oct 2019: Outside Audit & Supervisory Board Member, CureApp, Inc. Dec 2023: Outside Director (Audit and Supervisory Committee Member), NS Group Inc. (current)
1955-01-01
Kiyoshi ICHIKAWA
Standing Audit & Supervisory Board Member
Apr 1983: Joined the Company Feb 2014: General Manager, Legal Department, Administration Management Headquarters Dec 2014: General Manager, Legal Department, Administration Division Feb 2015: Standing Audit & Supervisory Board Member (current) Jun 2019: Audit & Supervisory Board Member, Morito Japan Co., Ltd. (current) Jun 2022: Audit & Supervisory Board Member, Morito Apparel Co., Ltd. (current) Jun 2022: Audit & Supervisory Board Member, Morito Auto Parts Co., Ltd. (current)
1959-09-14
Kosuke MATSUMOTO
Audit & Supervisory Board Member
Oct 2000: Registered with Osaka Bar Association Oct 2000: Nakabo Law Office (current) Feb 2011: Audit & Supervisory Board Member (current) May 2013: Outside Audit & Supervisory Board Member, Nozaki Insatsu Shigyo Co., Ltd. (current)
1973-02-08
Mayumi ISHIHARA
Director
Apr 1986: Employed by Kobe District Court Apr 1997: Registered with Osaka Bar Association Apr 1997: Joined Ohebashi Law Office [currently Ohebashi LPC] Jun 2010: Outside Director, Nitta Gelatin Inc. Jun 2013: Outside Audit & Supervisory Board Member, Morishita Jintan Co., Ltd. Feb 2016: Outside Director (current) Apr 2016: Outside Director (Audit and Supervisory Committee Member), OS Corporation Jun 2016: Outside Director (Audit and Supervisory Committee Member), H2O Retailing Corporation (current) Jun 2018: Outside Director (Audit and Supervisory Committee Member), Morishita Jintan Co., Ltd. (current) Apr 2024: Outside Audit & Supervisory Board Member, DyDo Group Holdings, Inc. (current) Jan 2025: Joined Umeda Sogo Law Office LPC (current)
1963-05-03
Yoshiko IWATA
Director
Apr 1979: Employed by Bank of America, Tokyo Branch Jun 1989: Employed by Visa International Jan 1992: Employed by Dewey Rogerson Japan Nov 1994: Employed by Technimetrics [currently Thomson Reuters], Tokyo Branch Feb 2001: Employed by J-Eurus IR Inc. May 2001: Representative Director, J-Eurus IR Inc. Nov 2014: Outside Director, Yamato International Inc. Jun 2021: Outside Director, SMC Corporation Jun 2021: Outside Director, Overseas Communication, Broadcasting and Postal Services Support Organization Sep 2022: Outside Director, Lasertec Corporation (current) Apr 2023: Chairman of the Board, J-Eurus IR Inc. (current) Feb 2026: Outside Director
1956-07-15
Motoshi ISHIBASHI
Audit & Supervisory Board Member
Jul 2015: Retired as Chief, Shimogyo Tax Office Sep 2015: Motoshi Ishibashi Tax Accountant Office (current) Feb 2019: Audit & Supervisory Board Member (current)
1955-01-22
Large Shareholding Reports
Meiji Yasuda Life Insurance Company
2026-03-04
6.34%→6.34%
Annual report (as of 2026-05-31): 6.67%
Meiji Yasuda Life Insurance Company
2025-12-05
5.84%→6.34%
Annual report (as of 2026-05-31): 6.67%
Mizuho Bank, Ltd.
2025-11-21
1.18%→1.18%
Annual report (as of 2026-05-31): 1.38%
Kuraray Co., Ltd.
2025-10-31
5.25%→4.58%
Annual report (as of 2026-05-31): 5.20%
Kuraray Co., Ltd.
2025-09-26
7.25%→5.25%
Annual report (as of 2026-05-31): 5.20%
Mizuho Securities Co., Ltd.
2025-09-05
2.05%→1.94%
Kuraray Co., Ltd.
2025-09-03
7.25%→5.25%
Annual report (as of 2026-05-31): 5.20%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-10-14
Forecast Revision
FY ending Nov 2026
TDnet
2026-10-14
Q3 Earnings Flash
FY ending Nov 2026
EDINET
2026-07-15
Semi-Annual Securities Report
Period: Dec 2025 – Nov 2026
TDnet
2026-07-14
Q2 Earnings Flash
FY ending Nov 2026
TDnet
2026-04-14
Q1 Earnings Flash
FY ending Nov 2026
EDINET
2026-03-04
Large Shareholding Report
EDINET
2026-02-24
Annual Securities Report
Period: Dec 2024 – Nov 2025
EDINET
2025-12-05
Large Shareholding Report
EDINET
2025-11-21
Large Shareholding Report
EDINET
2025-10-31
Large Shareholding Report
TDnet
2025-10-10
Q3 Earnings Flash
FY ending Nov 2025
EDINETAmended
2025-09-26
Change Report
EDINET
2025-09-05
Large Shareholding Report
EDINET
2025-09-03
Large Shareholding Report
EDINET
2025-07-15
Semi-Annual Securities Report
Period: Dec 2024 – May 2025
TDnet
2025-04-11
Q1 Earnings Flash
FY ending Nov 2025
EDINET
2025-02-28
Annual Securities Report
Period: Dec 2023 – Nov 2024
EDINET
2024-07-16
Quarterly Securities Report
Period: Mar 2024 – May 2024
EDINET
2024-04-15
Quarterly Securities Report
Period: Dec 2023 – Feb 2024
EDINET
2024-02-29
Annual Securities Report
Period: Dec 2022 – Nov 2023
EDINET
2023-10-16
Quarterly Securities Report
Period: Jun 2023 – Aug 2023
EDINET
2023-07-14
Quarterly Securities Report
Period: Mar 2023 – May 2023
EDINET
2023-04-14
Quarterly Securities Report
Period: Dec 2022 – Feb 2023
EDINET
2023-02-27
Annual Securities Report
Period: Dec 2021 – Nov 2022
EDINET
2022-10-17
Quarterly Securities Report
EDINET
2022-07-15
Quarterly Securities Report
EDINET
2022-04-14
Quarterly Securities Report
EDINET
2022-02-28
Annual Securities Report
EDINET
2021-10-15
Quarterly Securities Report
EDINET
2021-07-14
Quarterly Securities Report
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