Morinaga Milk Industry Co., Ltd. reported earnings results for the full year ended March 31, 2023. For the full year, the company reported sales was JPY 525,603 million compared to JPY 503,354 million a year ago. Net income was JPY 16,875 million compared to JPY 33,782 million a year ago.

Basic earnings per share from continuing operations was JPY 373.15 compared to JPY 687.45 a year ago. Diluted earnings per share from continuing operations was JPY 372.61 compared to JPY 686.33 a year ago.