Morinaga Milk Industry Co., Ltd. has upwardly revised its consolidated full-year earnings guidance for the fiscal year ending March 2027 to net sales of 590,000 million yen, operating income of 39,000 million yen, ordinary income of 39,300 million yen, net income attributable to owners of parent of 23,000 million yen, and EPS of 71.24 yen. The year-end dividend forecast is also raised to 16 yen, bringing the annual dividend to 28 yen. The revision is driven by stronger-than-expected performance at overseas subsidiaries.<\/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\/2264-20261109-04.pdf","jir_short_summary":"Morinaga Milk Industry Co., Ltd. has upwardly revised its consolidated full-year earnings guidance for the fiscal year ending March 2027 to net sales of 590,000 million yen, operating income of 39,000 million yen, ordinary income of 39,300 million yen, net income attributable to owners of parent of 23,000 million yen, and EPS of 71.24 yen. The year-end dividend forecast is also raised to 16 yen, bringing the annual dividend to 28 yen. The revision is driven by stronger-than-expected performance at overseas subsidiaries.","jir_summary":"### Summary of Earnings Guidance Revision\nMorinaga Milk Industry Co., Ltd. has upwardly revised its consolidated full-year earnings guidance for the fiscal year ending March 2027. Net sales are now projected at 590,000 million yen, operating income at 39,000 million yen, ordinary income at 39,300 million yen, net income attributable to owners of parent at 23,000 million yen, and earnings per share at 71.24 yen. All items have been revised upward from the previous forecast, with particularly notable increases in net sales and operating income. The revision is attributed to expanded full-year sales and profits in overseas operations, driven by strong performance at overseas subsidiaries such as MIL EI GmbH.\n\n### Dividend Forecast Revision and Shareholder Returns\nThe dividend forecast has also been revised, with the year-end dividend set at 16 yen and the annual dividend expected to be 28 yen. The increase in the year-end dividend is explained as part of a policy to balance investment in growth areas with stable shareholder returns. It is noted that a stock split was implemented with an effective date of July 1, 2026.","jir_financial_highlights":"Net Sales: 590,000 million yen (Previous Forecast A: 580,000 million yen \u2192 Revised Forecast B: 590,000 million yen \/ Increase 10,000 million yen \/ 1.7% increase)\nOperating Income: 39,000 million yen (Previous Forecast A: 34,000 million yen \u2192 Revised Forecast B: 39,000 million yen \/ Increase 5,000 million yen \/ 14.7% increase)\nOrdinary Income: 39,300 million yen (Previous Forecast A: 35,000 million yen \u2192 Revised Forecast B: 39,300 million yen \/ Increase 4,300 million yen \/ 12.3% increase)\nNet Income Attributable to Owners of Parent: 23,000 million yen (Previous Forecast A: 21,000 million yen \u2192 Revised Forecast B: 23,000 million yen \/ Increase 2,000 million yen \/ 9.5% increase)\nEarnings Per Share: 71.24 yen (Previous Forecast A: 65.06 yen \u2192 Revised Forecast B: 71.24 yen \/ Increase 6.18 yen)","jir_category":"","jir_hashtags":"#MorinagaMilkIndustry, #EarningsRevision, #Dividend, #UpwardEarningsGuidance","jir_key_figures":"Net Sales: 590,000 million yen (Previous Forecast: 580,000 million yen)\nOperating Income: 39,000 million yen (Previous Forecast: 34,000 million yen)\nOrdinary Income: 39,300 million yen (Previous Forecast: 35,000 million yen)","jir_meta_title":"Morinaga Milk Industry Co., Ltd. \u2014 Revision to Earnings Guidance and Dividend Forecast\uff5cFY ending March 2027","jir_meta_description":"Morinaga Milk Industry Co., Ltd. has upwardly revised its consolidated earnings guidance for FY ending March 2027: net sales 590,000 million yen, operating income 39,000 million yen, net income 23,000 million yen. Year-end dividend raised to 16 yen, annual dividend forecast 28 yen. Revision driven by strong overseas subsidiary performance.","jir_og_title":"Morinaga Milk Industry Co., Ltd. \u2014 Earnings Guidance Revision and Dividend Outlook\uff5cFY ending March 2027","jir_og_description":"Morinaga Milk Industry Co., Ltd. has raised its FY ending March 2027 earnings guidance: net sales 590,000 million yen, net income 23,000 million yen, EPS 71.24 yen. Year-end dividend increased to 16 yen, annual dividend to 28 yen.","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":"earnings_guidance","footnotes":""},"sector":[],"importance":[],"class_list":["post-145496","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n