Morinaga & Co.,Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 2023 and Year Ending March 31, 2024
August 08, 2023 at 02:00 am EDT
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Morinaga & Co.,Ltd. provided consolidated earnings guidance for the six months ending September 2023 and year ending March 31, 2024. For the six months ending September 2023, the company expects net sales of JPY 106,000 million, operating profit of JPY 11,900 million and profit attributable to owners of parent of JPY 8,400 million or JPY 182.20 per basic share.
For the year ending March 31, 2024, the company expects net sales of JPY 204,000 million, operating profit of JPY 17,300 million and profit attributable to owners of parent of JPY 12,200 million or JPY 265.18 per basic share.
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. 
