Morinaga&Co., Ltd.

2026/03/03 Updated
Market Cap: $1.5B (¥241.5B)
Stock Price: $18.40 (¥2,875)
Exchange Rate: 1 USD = ¥156.25

Stock Price Chart

2026/03/03 Updated
14.31
PER (Price Earnings Ratio)
vs Industry Avg: +4.8
1.80
PBR (Price to Book Ratio)
vs Industry Avg: +0.5
2.26%
Dividend Yield
vs Industry Avg: -0.69%

Price Trend

2026/03/03 Updated
Short-term
5-Day MA
+0.30%
Near-term
25-Day MA
+3.57%
Mid-term
75-Day MA
+6.37%
Long-term
200-Day MA
+11.77%

Price & Trading Details

2026/03/03 Updated

PRICE

Previous Close ¥2,890
Open ¥2,885
High ¥2,888
Low ¥2,856
Close ¥2,875

TRADING

Volume 264,700
Average Volume 264,115
Turnover ¥8億
Min. Purchase ¥287,450

Analyst Recommendations 4 analysts

Updated 2026/03/01
Strong Buy
1
1
Buy
1
1
Hold
2
2
Sell
0
Strong Sell
0
Target Price (Mean)
¥3,125
None
¥3,600
High
¥3,150
Median
¥2,600
Low
+17% vs Current Price
This information is based on market data from third-party data providers and is for reference only. Investment decisions are your own responsibility.

Shareholder Composition

Updated 2026/03/01
15.8%
Insider Holdings
26.2%
Institutional
58.0%
Public Float
96
Institutional Holders
Insider Holdings 15.8%
Institutional 26.2%
Public Float 58.0%

Major Holders

Updated 2026/03/01
Institution Ownership Shares Change
MFS Series Trust V-MFS International New Discovery Fund
1.32%
1.1M 0.00%
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund
1.22%
1.1M 0.00%
VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund
0.75%
642.2K 0.00%
iShares Trust-iShares Core MSCI EAFE ETF
0.60%
519.6K 0.00%
Templeton Global Smaller Companies Fund
0.54%
464.7K +94.35%
DFA INVESTMENT DIMENSIONS GROUP INC-Intl Core Eqy. 2 PORT.
0.37%
314.8K 0.00%

Dividend History 4Years Growth

Updated 2026/03/01
-%
Dividend Yield
¥93
Annual Dividend
+68.2%
YoY Growth
46.1%
Payout Ratio
Year Dividend Change
2025 ¥93 +68.2%
2024 ¥55 +10.0%
2023 ¥50 +11.1%
2022 ¥45 +25.0%
2021 ¥36 -

Financial Performance

2026/03/01 Updated

Revenue & Profit

Margins

Cash Flow

Financial Health

2022 2023 2024 2025
Income Statement
Revenue ¥181,251M ¥194,373M ¥213,368M ¥228,957M
Gross Profit ¥75,826M ¥76,651M ¥86,689M ¥90,046M
Operating Income ¥17,686M ¥15,236M ¥20,273M ¥21,267M
Pretax Income ¥39,250M ¥13,940M ¥20,681M ¥24,397M
Net Income ¥27,773M ¥10,059M ¥15,154M ¥17,710M
EPS ¥276.30 ¥104.38 ¥167.25 ¥200.85
Operating Margin 9.76% 7.84% 9.50% 9.29%
Balance Sheet
Total Assets ¥214,300M ¥205,226M ¥223,644M ¥209,986M
Total Equity ¥130,033M ¥124,563M ¥131,200M ¥130,864M
Total Liabilities ¥84,267M ¥80,663M ¥92,444M ¥79,122M
Cash ¥56,652M ¥36,362M ¥44,900M ¥31,062M
Interest-bearing Debt ¥10,983M ¥20,440M ¥20,321M ¥20,188M
Equity Ratio 60.68% 60.70% 58.66% 62.32%
D/E Ratio 0.08 0.16 0.15 0.15
Cash Flow
Operating CF ¥24,825M -¥2,966M ¥30,174M ¥10,763M
Investing CF ¥9,312M -¥14,209M -¥5,345M -¥9,837M
Financing CF -¥5,943M -¥7,348M -¥14,073M -¥18,008M
Free CF ¥9,503M -¥16,552M ¥19,701M -¥5,134M
Efficiency
ROE 21.36% 8.08% 11.55% 13.53%
ROA 12.96% 4.90% 6.78% 8.43%

Latest News (5 items)

  • March 3, 2026
    Analyst Rating

    Average Analyst Rating: none

    Average Target Price: ¥3,125
    Rating Score: 2.25 (Based on 4 analysts)
    ※1=Strong Buy, 5=Strong Sell

Company Information

English Name Morinaga&Co., Ltd.
Japanese Name 森永製菓(株)
Stock Code 2201.T (JPX)
Sector / Industry Consumer Defensive / Confectioners
Employees 3,153

About

Morinaga&Co., Ltd. manufactures, purchases, and sells confectionaries, food, frozen desserts, and health products in Japan and internationally. It offers chocolates, biscuits, snacks, caramel, candies, and milk caramel crunch bars; cocoa, cake mix, beverages, gelatin, and freeze-dried products; and ice cream products. The company also provides jelly, protein bars and powders, healthcare products, and beauty care products, such as collagen moist gel. It offers its products under the Morinaga Milk Cocoa, Morinaga Ramune, Morinaga Biscuits, Chocoball, Amazake, Carré de chocolat, DARS, HI-CHEW, Morinaga Cocoa, Choco Monaka Jumbo, Vanilla Monaka Jumbo, Ita Choco Ice, ICEBOX, Morinaga Aojiru, Morinaga Collagen Drink, in BAR, and in Jelly brands. In addition, the company engages in the real estate rental and golf course management businesses. Morinaga&Co., Ltd. was founded in 1899 and is headquartered in Tokyo, Japan.

Data provided by Yahoo Finance