Morinaga Milk Industry Co., Ltd.
Stock Price Chart
2026/09/08 UpdatedPrice Trend
2026/09/08 UpdatedPrice & Trading Details
2026/09/08 UpdatedPRICE
TRADING
Analyst Recommendations 4 analysts
Updated 2026/09/01Earnings Calendar
Updated 2026/09/01Recent Earnings
| Date | EPS Est. | EPS Actual | Surprise |
|---|---|---|---|
| 2026/08/06 | ¥18.32 | ¥20.69 | +12.9% |
| 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% |
Shareholder Composition
Updated 2026/09/01Dividend History
Updated 2026/09/06| Year | Dividend | Change |
|---|---|---|
| 2026 | ¥14 | -38.9% |
| 2025 | ¥23 | -14.3% |
| 2024 | ¥26 | +133.3% |
| 2023 | ¥11 | +12.5% |
| 2022 | ¥10 | - |
Financial Performance
2026/09/06 UpdatedRevenue & 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% |
Latest IR Information
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Notice of Changes to the Shareholder Benefit Program and the Beneficiary Date
Changes to the shareholder benefit program and the eligibility date to align with the post-split share eligibility; the new eligibility date is based on the shareholder registry as of March 31, 2027, with the eligibility date changed to March 31...
Read more -
Notice on the Disposition of Treasury Stock as Restricted Stock Unit
Payment procedures for the disposition of treasury stock as restricted stock units have been completed. Disposed shares: 57,000 shares; issue price: 1,202.5 yen per share; total amount: 68,542,500 yen. Eligible recipients: 6 directors and 5 executive officers (11 in total,...
Read more -
【Morinaga Milk Industry】Disposal of Treasury Stock with Transfer Restrictions｜July 2026
Morinaga Milk Industry is scheduled to dispose of 57,000 shares of treasury stock at 1,202.5 yen per share on August 10, 2026, raising a total of 68,542,500 yen. The company will implement a long-term share-based compensation plan with transfer restrictions...
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[Morinaga Milk Industry] 2026 Financial Results Supplementary Materials | Sales Exceeding 580 Billion Yen, Net Profit in the 220 Billion Yen Range
Morinaga Milk Industry achieved approximately 571.3 billion yen in sales and around 22.0 billion yen in net profit for the fiscal year ending March 2026, showing increases from the previous year. Operating income reached approximately 30.6 billion yen, a record...
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Latest News (5 items)
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Average Analyst Rating: strong_buy
Average Target Price: ¥1,469
Rating Score: 1.50 (Based on 4 analysts)
※1=Strong Buy, 5=Strong Sell
Company Information
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 per capsule; liquid diet and nursing care food; 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 Minato, Japan.
