Japan’s Morito posts 21.5% rise in 9M sales

Morito’s 9M sales rose 21.5 per cent to ¥49.31 billion (~$311.49 million) on newly consolidated businesses.
Operating profit increased 22.7 per cent, and Japan led regional sales growth, while profit attributable to owners fell 21.6 per cent on a prior-year bargain-purchase gain.
It raised its full-year outlook, now expecting net sales of ¥66 billion (~$416.92 million) and 16.1 per cent.Morito’s 9M sales rose 21.5 per cent to ¥49.31 billion (~$311.49 million) on newly consolidated businesses.
Operating profit increased 22.7 per cent, and Japan led regional sales growth, while profit attributable to owners fell 21.6 per cent on a prior-year bargain-purchase gain.
It raised its full-year outlook, now expecting net sales of ¥66 billion (~$416.92 million) and 16.1 per cent.