Morinaga Milk Industry Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months of Fiscal Year Ending March 31, 2023 and Full Fiscal Year Ending March 31, 2023
May 13, 2022 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 ending March 31, 2023 and full fiscal year ending March 31, 2023. For the six months, the company expects net sales of JPY 270,000 million, operating income of JPY 17,000 million, profit attributable to owners of the parent of JPY 10,700 million and profit per share of JPY 236.71.
For the full year, the company expects net sales of JPY 520,000 million, operating income of JPY 25,000 million, profit attributable to owners of the parent of JPY 15,800 million and profit per share of JPY 349.53.
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.
Morinaga Milk Industry Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months of Fiscal Year Ending March 31, 2023 and Full Fiscal Year Ending March 31, 2023
MORINAGA MILK INDUSTRY CO., LTD. 
