MORESCO Corporation

5018・Standard Market・Oil & Coal Products

Official website

MORESCO Corporation

5018・Standard Market・Oil & Coal Products

Official website

MORESCO Corporation5018

Reference Indicators

Market Cap

209¥100M

P/E (Forecast)

12.8x

P/B

0.8x

Dividend Yield (Forecast)

2.55%

ROE

6.8%

EV/EBITDA

5.1x

Financial Summary

Unit: ¥M

Item	2022Feb 2022	2023Feb 2023	2024Feb 2024	2025Feb 2025	2026Feb 2026
Net Sales	27,300	30,333	31,886	34,374	34,871
Cost of Sales	18,575	22,204	22,902	24,414	23,914
Gross Profit	8,725	8,129	8,984	9,960	10,957
SG&A Expenses	7,291	7,606	7,759	8,569	8,590
Operating Income	1,434	523	1,225	1,391	2,367
Non-operating Income	602	559	714	547	452
Non-operating Expenses	26	36	113	117	115
Ordinary Income	2,011	1,046	1,826	1,821	2,704
Extraordinary Income	833	—	285	—	—
Extraordinary Losses	—	—	56	236	92
Pre-tax Income	2,844	1,046	2,055	1,585	2,612
Income Taxes	831	320	606	411	877
Net Income	1,808	615	1,283	1,013	1,525
EBITDA	2,771	1,886	2,496	2,753	3,637
Gross Margin	32.0%	26.8%	28.2%	29.0%	31.4%
Operating Margin	5.3%	1.7%	3.8%	4.0%	6.8%
ROA	6.2%	1.9%	3.5%	2.6%	3.7%
ROE	10.7%	3.4%	6.6%	4.8%	6.8%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
日本	22,249	1,526	6.9%
中国	3,811	336	8.8%
東南／南アジア	6,762	343	5.1%
北米	2,050	156	7.6%