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Morinaga & Co ( (JP:2201) ) has issued an announcement.
Morinaga & Co., Ltd. has revised its consolidated results forecasts for the fiscal year ending March 31, 2026, due to recent performance and market conditions. Despite a decrease in net sales from the ‘in-‘ Business and increased promotional costs in the U.S., the company has managed to exceed initial profit forecasts through price revisions and improved profitability. The year-end dividend forecast remains unchanged.
The most recent analyst rating on (JP:2201) stock is a Buy with a Yen2924.00 price target. To see the full list of analyst forecasts on Morinaga & Co stock, see the JP:2201 Stock Forecast page.
More about Morinaga & Co
Morinaga & Co., Ltd. operates in the confectionery and foodstuffs industry, with a focus on products such as confectionery, frozen desserts, and other food items. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its strong market presence in Japan and the U.S.
Average Trading Volume: 259,698
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen220.9B
Find detailed analytics on 2201 stock on TipRanks’ Stock Analysis page.