For the second quarter of the fiscal year ending March 2027, consolidated net sales were 293,330 million yen (Q1\u2013Q2 cumulative), operating income was 20,805 million yen, and net income attributable to owners of parent was 13,675 million yen. The full-year forecasts are revised upward to net sales of 590,000 million yen, operating income of 39,000 million yen, and net income of 23,000 million yen. Exchange rate movements and raw material price fluctuations are drivers of profit increases, while raw material costs remain an uncertainty.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"2264","jir_company_name":"Morinaga Milk Industry Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-11-09","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/2264-20261109-02.pdf","jir_short_summary":"For the second quarter of the fiscal year ending March 2027, consolidated net sales were 293,330 million yen (Q1\u2013Q2 cumulative), operating income was 20,805 million yen, and net income attributable to owners of parent was 13,675 million yen. The full-year forecasts are revised upward to net sales of 590,000 million yen, operating income of 39,000 million yen, and net income of 23,000 million yen. Exchange rate movements and raw material price fluctuations are drivers of profit increases, while raw material costs remain an uncertainty.","jir_summary":"### Performance Overview\nMorinaga Milk Industry Co., Ltd. reported consolidated net sales of 293,330 million yen (Q1\u2013Q2) for the second quarter of the fiscal year ending March 2027, a 2.6% increase year-over-year, and operating income of 20,805 million yen (same period), showing improvement over the prior year. The full-year forecasts have been revised upward to net sales of 590,000 million yen, operating income of 39,000 million yen, and net income attributable to owners of parent of 23,000 million yen. Exchange rate movements and raw material trends are expected to continue affecting performance, and close attention should be paid to fluctuations in raw material costs.\n\n### Outlook and Impact for Investors\nBy business area, contributions from growth segments and stable growth in core divisions continue, and overseas operations maintain a high level of revenue contribution. The revised full-year profit outlook assumes higher operating income, but there are upside and downside risks depending on raw material prices and energy costs. It is advisable to review capital policy and dividend policy disclosures in other documents where available.","jir_financial_highlights":"Net Sales: 300,821 (Year-over-Year 2.6% increase)\nOperating Income: 21,107 (Year-over-Year 1.5% increase)\nNet Income Attributable to Owners of Parent: 13,675 (Year-over-Year -6.6%)\nFull-Year Forecast (Revised) Net Sales: 590,000 (Unknown)\nFull-Year Forecast (Revised) Operating Income: 39,000 (Year-over-Year Unknown)","jir_category":"","jir_hashtags":"#MorinagaMilkEarnings, #EarningsSupplement, #DairyManufacturerEarnings","jir_key_figures":"Net Sales (2Q cumulative): 293,330 million yen\nOperating Income (2Q cumulative): 20,805 million yen\nNet Income Attributable to Owners of Parent (2Q cumulative): 13,675 million yen","jir_meta_title":"Morinaga Milk Industry Co., Ltd. \u2014 Supplementary Materials for FY2027 Q2 (Interim)\uff5cTrends in Sales, Profit and Full-Year Outlook","jir_meta_description":"Summary of Morinaga Milk Industry Co., Ltd.'s supplementary materials for FY2027 Q2 (interim). Net sales 293,330 million yen, operating income 20,805 million yen, and revised full-year forecasts. Monitor raw material costs and exchange rate impacts.","jir_og_title":"Morinaga Milk Industry Co., Ltd.\uff5cSupplementary Materials for FY2027 Q2 (Interim)","jir_og_description":"Key points from Morinaga Milk Industry Co., Ltd.'s Q2 earnings: trends in sales and profits, full-year outlook, and attention to raw material prices and exchange rates.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8098,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-145494","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n