Business description: Morinaga Milk Industry Co., Ltd.

Morinaga Milk Industry Co Ltd is a Japan-based company primarily engaged in the manufacturing and sale of food products such as city milk, dairy products, and ice cream, as well as the design and construction of feed and plant facilities. The Company mainly operates the Food segment. The Food segment is primarily engaged in the manufacture and sale of city milk, dairy products, ice cream, and beverages, and other businesses. The other businesses include the feed business, and the design and construction of plant facilities. In addition, through other subsidiaries, the Company is also engaged in the purchase and sale of pet food, real estate rental, transportation and warehousing, and other businesses.

Number of employees: 7,453

Sales by Activity: Morinaga Milk Industry Co., Ltd.

Fiscal Period: March 2021 (JPY) 2022 (JPY) 2023 (JPY) 2024 (JPY) 2025 (JPY)

Foods

560B 479B 502B 521B 538B

Others

33.92B 30.05B 30.23B 31.75B 32.33B

Unallocated Adjustment

-10.12B -5.63B -6.93B -5.63B -8.88B

Geographical breakdown of sales: Morinaga Milk Industry Co., Ltd.

Fiscal Period: March 2021 (JPY) 2022 (JPY) 2023 (JPY) 2024 (JPY) 2025 (JPY)

Japan

584B 503B 466B 487B 491B

Others

- - 59.34B 60.37B 69.84B

Executive Committee: Morinaga Milk Industry Co., Ltd.

Manager TitleAgeSince
President 66 2021-06-28
Director of Finance/CFO - -
Investor Relations Contact 63 2019-03-31
Director of Finance/CFO 60 2016-03-31
Corporate Officer/Principal 61 2009-04-30

Composition of the Board of Directors: Morinaga Milk Industry Co., Ltd.

Director TitleAgeSince
Director/Board Member 66 2015-05-31
Director/Board Member 70 2015-05-31
Director/Board Member 65 2021-05-31
Director/Board Member 61 2021-05-31
Director/Board Member 68 2020-05-31
Director/Board Member 60 2022-05-31
Director/Board Member 72 2023-05-31
Director/Board Member 69 2022-05-31
Director/Board Member 68 2022-05-31
Director/Board Member 63 2025-05-31

Shareholders: Morinaga Milk Industry Co., Ltd.

NameStocks%Valuation
6.366 %
5,486,154 6.366 % 168 M ¥
Asset Management One Co., Ltd.
3.5 %
3,016,600 3.5 % 92 M ¥
Sumitomo Mitsui Banking Pension Fund
3.083 %
2,657,000 3.083 % 81 M ¥
2.837 %
2,445,308 2.837 % 75 M ¥
Morinaga Milk Industry Employee Stock Ownership Plan
2.573 %
2,217,000 2.573 % 68 M ¥

Holdings: Morinaga Milk Industry Co., Ltd.

NameStocks%Valuation
5,486,1546.37% 168 M $
1,372,0001.59% 21 M $
1,472,0002.94% 21 M $
242,0001.03% 4 M $
180,0000.32% 3 M $
140,0001.39% 3 M $
44,0550.03% 2 M $
102,3780.02% 2 M $
70,1280.26% 2 M $
195,7980.04% 2 M $

Company details: Morinaga Milk Industry Co., Ltd.

Morinaga Milk Industry Co., Ltd.

1-5-2 Higashi-Shimbashi

108-8384, Tokyo

+81 3 6281 4680

https://www.morinagamilk.co.jp/
address Morinaga Milk Industry Co., Ltd.(2264)

Group companies: Morinaga Milk Industry Co., Ltd.

NameCategory and Sector
Food: Meat/Fish/Dairy
Food: Meat/Fish/Dairy

Other Food Processing

Change 5-day change 1-year change 3-year change Capi.($)
-1.40%+5.44%+58.21%+105.91% 2.65B
-0.38%+3.59%-6.73%-25.88% 257B
-0.87%+4.49%-4.81%-12.47% 82.38B
-0.51%+3.68%-9.71%+22.65% 49.07B
-0.80%-3.29%+65.67%+10.20% 39.17B
+2.01%-1.31%+7.30%-29.34% 35.82B
-1.14%+2.09%+16.94%+28.74% 29.11B
+7.51%-2.74%+39.86%+80.06% 28.2B
+0.60%+7.65%-8.44%-33.87% 28.52B
-0.11%-0.96%+69.84%+36.67% 24.88B
Average +0.50%+0.71%+22.81%+18.27% 57.68B
Weighted average by Cap. +0.12%+1.75%+6.07%-6.76%
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
5,194.00JPY
Average target price
5,900.00JPY
Spread / Average Target
+13.59%

Quarterly revenue - Rate of surprise

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