Morinaga Milk Industry Co., Ltd. plans to absorb its wholly owned subsidiary Morinaga Milk Industry Sales Co., Ltd. in April 2027; there will be no new share issuance or allocation due to the merger, and the impact on business results is expected to be minimal.<\/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":"2026-03-13","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/2264-20260313-02.pdf","jir_short_summary":"Morinaga Milk Industry Co., Ltd. plans to absorb its wholly owned subsidiary Morinaga Milk Industry Sales Co., Ltd. in April 2027; there will be no new share issuance or allocation due to the merger, and the impact on business results is expected to be minimal.","jir_summary":"### Overview of Corporate Reorganization\nMorinaga Milk Industry Co., Ltd. has resolved the basic policy to absorb its wholly owned subsidiary Morinaga Milk Industry Sales Co., Ltd. and has started preparations. The merger method is expected to be a simplified and abbreviated absorption-type merger with our company as the surviving company and the target subsidiary as the dissolving company. The objective is to enhance corporate value by consolidating management resources, strengthening, streamlining, and accelerating sales activities, and reinforcing group governance. There will be no issuance of new shares or allocation of cash due to the merger.\n\n### Future Schedule and Impact\nApproval of the merger agreement by the board of directors and the execution of the merger agreement are scheduled for March 2027, with the effective date of the merger expected in April 2027. The schedule may change depending on preparation status. No changes are planned to the company name, location, representatives, capital, or fiscal year after the merger. The impact of this reorganization on consolidated financial results is expected to be minimal; timely disclosure will be made upon finalization of specific details.","jir_financial_highlights":"Capital (Surviving Company): 21,821 million yen (Unknown)\nCapital (Dissolving Company): 497 million yen (Unknown)\nNet Sales (Surviving Company Consolidated): 561,173 million yen (Unknown)\nNet Sales (Dissolving Company Standalone): 61,732 million yen (Unknown)\nEffective Date of Merger: April 2027 (scheduled) (Unknown)","jir_category":"","jir_hashtags":"#MorinagaMilkIndustryCoLtd, #CorporateRestructuring, #JapaneseStocks","jir_key_figures":"Capital (Surviving Company): 21,821 million yen\nNet Sales (Surviving Company Consolidated): 561,173 million yen\nEffective Date of Merger: April 2027 (scheduled)","jir_meta_title":"Morinaga Milk Industry Decides Basic Policy to Absorb Wholly Owned Subsidiary Morinaga Milk Industry Sales in April 2027","jir_meta_description":"Morinaga Milk Industry Co., Ltd. has decided on a basic policy to absorb its wholly owned subsidiary Morinaga Milk Industry Sales Co., Ltd. in April 2027. No new share issuance will accompany the merger, and the impact on business results is expected to be minimal.","jir_og_title":"Morinaga Milk Industry to Absorb Wholly Owned Subsidiary - Basic Policy Decided","jir_og_description":"Morinaga Milk Industry Co., Ltd. plans to absorb its wholly owned subsidiary Morinaga Milk Industry Sales Co., Ltd. in April 2027. No new shares will be issued due to the merger, and the impact on business results is minimal.","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":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-34513","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n