Morinaga Milk Industry Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months of Fiscal Year 2022 and Full Year Ending March 31, 2022
August 12, 2021 at 01:00 am EDT
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Morinaga Milk Industry Co., Ltd. provided consolidated earnings guidance for the six months of fiscal year 2022 and full year ending March 31, 2022. For the six months, the company expects net sales of JPY 263,300 million, operating income of JPY 20,600 million, profit attributable to owners of the parent of JPY 16,900 million and profit per share of JPY 341.49.
For the full year, the company expects net sales of JPY 502,000 million, operating income of JPY 31,000 million, profit attributable to owners of the parent of JPY 35,300 million and profit per share of JPY 713.28.
Morinaga Milk Industry Co., Ltd. is a Japan-based company mainly engaged in the food business. The Company is mainly engaged in the manufacture and sale of milk products, dairy products, beverages, yogurt products, desserts, ice cream products, condensed milk products, cheese, butter, baby food, health food and other products. The Company is also engaged in the purchase and sale of feed products and pet food, the design and construction of plant facilities, the rental of real estate, as well as the transportation and warehousing business.