Morito was founded when Jukichi Morito opened a brokerage for eyelets and hooks in a store rented from Yamano Bags at Utsubo, Nishi-ku, Osaka, in 1908.
Morito Shoten Corporation was established 1935 as the sales routes had expanded all the way to Hokkaido. Following incorporation, an Export Department and Purchasing Department were created to engage in overseas business.
No.1 share of the domestic market
Morito has the largest share of the domestic market for handling of eyelets, hooks, Velcro®, insoles, car mat emblems, and camera accessories. (as of February 2017; source: company data)
13 Overseas subsidiaries
Morito is ceaselessly pursuing the development of global business and has built up a powerful network with 13 subsidiaries located in Europe, North America, and Asia (as of February 2017).
Turnover: 40 billion yen
Consolidated turnover for the year ending November 2016 was ￥40 billion and we expect to record turnover of ￥50 billion for the year ending November 2018.
Equity to capital ratio: 71.6%
The equity to capital ratio for the term to November 2016 exceeded 50%, proving that the company maintains a sound financial constitution.