Morinaga & Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 2021
August 11, 2021 at 02:00 am EDT
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Morinaga & Co., Ltd. reported consolidated earnings results for the first quarter ended June 2021. For the quarter, the company reported net sales of JPY 44,563 million against JPY 40,234 million a year ago. Operating profit was JPY 6,255 million against JPY 5,314 million a year ago. Profit attributable to owners of parent was JPY 4,830 million or JPY 96.04 per basic share against JPY 4,013 million or JPY 79.79 per basic share a year ago.
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. 
