Morinaga & Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 2022 and Full Year Ending March 2023
May 13, 2022 at 02:00 am EDT
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Morinaga & Co., Ltd. provided consolidated earnings guidance for the six months ending September 2022 and full year ending March 2023. For the six months ending September 2022, the company expects net sales of JPY 99,000 million, operating profit of JPY 10,700 million, profit attributable to owners of parent of JPY 6,900 million and basic earnings per share of JPY 141.30.
For the year ending March 2023, the company expects net sales of JPY 190,000 million, operating profit of JPY 16,500 million, profit attributable to owners of parent of JPY 10,700 million and basic earnings per share of JPY 219.12.
Morinaga & Co., Ltd. is a Japan-based company mainly engaged in food manufacturing, food wholesale, real estate and services etc. The Company operates in three segments. The Food Manufacturing segment is engaged in manufacturing of confectionaries, foods, frozen desserts, jelly drinks, etc. The Food Wholesale segment is engaged in wholesales of commercial food. The Real Estate and Services segment is engaged in real estate rental business and management of golf courses. Other business involves in the financial services and other activities.
MORINAGA&CO., LTD. 
