Morinaga & Co., Ltd. Provides Earnings Guidance for the Six Months and Full Year of Fiscal 2022
May 13, 2021 at 02:00 am EDT
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Morinaga & Co., Ltd. provided earnings guidance for the six months and full year of fiscal 2022. For the six months ending September 2021, the company expects net sales of JPY 91,000 million, operating profit of JPY 11,300 million, profit attributable to owners of parent of JPY 7,900 million and basic earnings per share of JPY 157.06.
For the year ending March 2022, the company expects net sales of JPY 175,000 million, operating profit of JPY 17,000 million, profit attributable to owners of parent of JPY 11,700 million and basic earnings per share of JPY 232.61.
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. 
