Morinaga Milk Industry Co., Ltd.
Morinaga Milk Industry Co., Ltd. Supplemental Materials for Q3 FY 2026 Earnings
For Q3 FY 2026, net sales were JPY 437,822 million (1.6% YoY increase), operating income was JPY 30,681 million (20.4% YoY increase), and net income attributable to owners of parent was JPY 21,936 million (48.8% YoY increase).
Key Figures
- Net Sales (Cumulative Q3): JPY 437,822 million (1.6% YoY increase)
- Operating Income (Cumulative Q3): JPY 30,681 million (20.4% YoY increase)
- Net Income Attributable to Owners of Parent (Cumulative Q3): JPY 21,936 million (48.8% YoY increase)
AI要約
Overview of Performance
In Q3 FY 2026, net sales reached JPY 437,822 million (1.6% YoY increase), operating income was JPY 30,681 million (20.4% YoY increase), and net income attributable to owners of parent stood at JPY 21,936 million (48.8% YoY increase). Gross profit and selling, general and administrative expenses also showed an upward trend, resulting in an operating margin of 7.0%, exceeding that of the previous year. Progress exceeded the full-year forecast for both net sales and operating income.
Segment Performance and Market Trends
Sales in growth areas amounted to JPY 95,849 million (4.6% YoY increase), with overseas business performing strongly at a 23.8% increase. The core business segment achieved solid results with sales of JPY 277,708 million (2.7% YoY increase). In terms of operating income, the core segment contributed significantly with JPY 17,395 million (an increase of JPY 5,612 million). Market share remains high in key categories such as chilled tea beverages at 54% and chilled cup-type coffee at 38%.
