Morinaga Milk Industry Co., Ltd.

2026/08/21 Updated
Market Cap: $2.4B (¥382.2B)
Stock Price: $7.45 (¥1,184)
Exchange Rate: 1 USD = ¥158.98

Stock Price Chart

2026/08/21 Updated
17.27
PER (Price Earnings Ratio)
vs Industry Avg: +7.7
0.35
PBR (Price to Book Ratio)
vs Industry Avg: -0.9
2.11%
Dividend Yield
vs Industry Avg: -0.84%

Price Trend

2026/08/21 Updated
Short-term
5-Day MA
-0.34%
Near-term
25-Day MA
-2.42%
Mid-term
75-Day MA
-2.84%
Long-term
200-Day MA
+7.18%

Price & Trading Details

2026/08/21 Updated

PRICE

Previous Close ¥1,192
Open ¥1,200
High ¥1,203
Low ¥1,177
Close ¥1,184

TRADING

Volume 1,463,500
Average Volume 2,055,877
Turnover ¥17億
Min. Purchase ¥118,400

Analyst Recommendations 4 analysts

Updated 2026/08/01
Strong Buy
2
2
Buy
2
2
Hold
0
Sell
0
Strong Sell
0
Target Price (Mean)
¥1,475
None
¥1,600
High
¥1,450
Median
¥1,400
Low
-61% 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.

Earnings Calendar

Updated 2026/08/01
AUG
07
2026
Next Earnings Release
Q3 FY2026
EPS Estimate: ¥17.31

Recent Earnings

Date EPS Est. EPS Actual Surprise
2026/05/12 ¥-6.43 ¥2.31 +135.9%
2026/02/11 ¥15.65 ¥22.45 +43.4%
2025/11/11 ¥17.31 ¥23.52 +35.9%
2025/08/07 ¥17.31 ¥20.73 +19.8%

Shareholder Composition

Updated 2026/08/01
10.6%
Insider Holdings
38.5%
Institutional
50.9%
Public Float
120
Institutional Holders
Insider Holdings 10.6%
Institutional 38.5%
Public Float 50.9%

Dividend History

Updated 2026/08/23
-%
Dividend Yield
¥14
Annual Dividend
-38.9%
YoY Growth
19.9%
Payout Ratio
Year Dividend Change
2026 ¥14 -38.9%
2025 ¥23 -14.3%
2024 ¥26 +133.3%
2023 ¥11 +12.5%
2022 ¥10 -

Financial Performance

2026/08/23 Updated

Revenue & Profit

Margins

Cash Flow

Financial Health

2022 2023 2024 2025
Income Statement
Revenue ¥503,354M ¥525,603M ¥547,059M ¥561,173M
Gross Profit ¥122,277M ¥118,295M ¥131,958M ¥135,053M
Operating Income ¥29,793M ¥23,940M ¥27,839M ¥29,658M
Pretax Income ¥49,043M ¥24,429M ¥89,862M ¥16,795M
Net Income ¥33,782M ¥16,875M ¥61,307M ¥5,459M
EPS ¥343.17 ¥186.31 ¥696.09 ¥64.53
Operating Margin 5.92% 4.55% 5.09% 5.29%
Balance Sheet
Total Assets ¥458,788M ¥487,441M ¥565,998M ¥520,423M
Total Equity ¥206,068M ¥223,025M ¥277,181M ¥266,324M
Total Liabilities ¥252,720M ¥264,416M ¥288,817M ¥254,099M
Cash ¥23,607M ¥21,096M ¥64,528M ¥28,559M
Interest-bearing Debt ¥89,264M ¥101,333M ¥86,818M ¥104,731M
Equity Ratio 44.92% 45.75% 48.97% 51.17%
D/E Ratio 0.43 0.45 0.31 0.39
Cash Flow
Operating CF ¥40,268M ¥19,382M ¥56,583M -¥12,456M
Investing CF ¥8,371M -¥25,463M ¥25,223M -¥18,786M
Financing CF -¥44,522M ¥2,925M -¥38,624M -¥5,028M
Free CF ¥40,268M ¥19,382M ¥56,583M -¥12,456M
Efficiency
ROE 16.39% 7.57% 22.12% 2.05%
ROA 7.36% 3.46% 10.83% 1.05%

Company Information

English Name Morinaga Milk Industry Co., Ltd.
Japanese Name 森永乳業(株)
Stock Code 2264.T (JPX)
Sector / Industry Consumer Defensive / Packaged Foods
Employees 7,345

About

Morinaga Milk Industry Co., Ltd., together with its subsidiaries, engages in the production and sale of various dairy products in Japan and internationally. The company offers milk products, including homogenized, sterilized whole, and enriched milk; beverages comprising milk-based, coffee, chilled tea, and various other beverages; Greek, fruit, and various other yogurt products; chilled desserts, such as baked, milk, and low carb pudding; and ice cream products. It also provides cheese and butter; infant formula and baby food products; milk powder, milk supplements, and bifidobacterium longum BB536 capsule; liquid diet and nursing care food products; and other products, including creaming powder, condensed milk, and tofu. The company was formerly known as Nippon Rennyu Co., Ltd. and changed its name to Morinaga Milk Industry Co., Ltd. in 1949. Morinaga Milk Industry Co., Ltd. was founded in 1917 and is headquartered in Tokyo, Japan.

Data provided by Yahoo Finance