Founded in1908
![Founded in 1908](/assets/img/company/icon_numbers01.png)
MORITO was founded in 1908 when Jukichi Moritou began brokering eyelets and snap fasteners in a corner of the Yamano Bag store in Utsubo, Nishi-ku, Osaka.
HISTORY![Product lines consisting of more than 500,000 items](/assets/img/company/icon_numbers02_pc.png)
![Product lines consisting of more than 500,000 items](/assets/img/company/icon_numbers02_sp.png)
Product lines consisting of more than
500,000items
Not only is MORITO a manufacturer, it also develops, procures, and sells a wide variety of parts used in clothes, shoes, sports equipment, school supplies, and automobiles, and more that make a big difference in our daily lives.
BUSINESS OUTLINE![No. 1 domestic market share](/assets/img/company/icon_numbers03_pc.png)
![No. 1 domestic market share](/assets/img/company/icon_numbers03_sp.png)
Domestic market share
No.1
MORITO has the largest share of the domestic market for eyelets, snap fasteners, MAGIC TAPE®, insoles, and car mat emblems.
*Source: company data
Selling over
1 billion snap fasteners annually
![Selling over 1 billion snap fasteners annually](/assets/img/company/icon_numbers04.png)
MORITO’s mainstay product, snap fasteners, are sold to all types of industries across the globe for use in products found all around us.
LOOK FOR MORITO19group companies worldwide
![19 group companies worldwide](/assets/img/company/icon_numbers05.png)
MORITO is working tirelessly to expand its operations around the globe and has built up a powerful network with 16 subsidiaries and branches located in Europe, North America, and Asia.
*As of November 30, 2023
![Net sales: 48.4 billion yen](/assets/img/company/icon_numbers06_pc.png)
![Net sales: 48.4 billion yen](/assets/img/company/icon_numbers06_sp.png)
Net sales:
48.5
billion yen
Consolidated net sales for the fiscal year ended November 30, 2023, were 48.5 billion yen.
PERFORMANCE HIGHLIGHTS![Dividend on equity (DOE) ratio target of 4.0% on a consolidated basis](/assets/img/company/icon_numbers07_pc.png)
![Dividend on equity (DOE) ratio target of 4.0% on a consolidated basis](/assets/img/company/icon_numbers07_sp.png)
Dividend on equity (DOE)
ratio standard of
4.0%
on a consolidated basis
MORITO regards shareholder return as one of the most important management issues and actively returns profits to shareholders.
SHAREHOLDER RETURNS/DIVIDENDSNumber of employees: 1,490
Ratio of overseas employees:66.7%
![Number of employees: 1,273 Ratio of overseas employees: 60.9%](/assets/img/company/icon_numbers08.png)
Many MORITO Group employees are working around the world, including in Japan, Asia, Europe, and the U.S.
*As of November 30, 2023