Morinaga Milk Hits Record Quarterly Profit, Keeps Full-Year Outlook Unchanged

Morinaga Milk Industry Co., Ltd. ( (JP:2264) ) has shared an announcement.

Morinaga Milk Industry reported third-quarter net sales of ¥437.8 billion, up 1.6% year on year, and operating profit of ¥30.7 billion, a ¥5.2 billion increase that marked record highs for both the quarter and the nine-month period. The global business outperformed forecasts, driven by strong contributions from MILEI amid high whey prices and higher sales of probiotics and formula milk.

Domestic operations tracked internal projections but faced a difficult sales environment, as lower volumes and elevated raw material and operational costs weighed on performance despite ongoing price revisions and product mix improvements. The company also booked one-off expenses tied to acquired assets and inventory disposals as part of balance sheet normalization but left its full-year March 2026 forecasts unchanged, expecting robust global performance in the fourth quarter to offset domestic headwinds and planned future-oriented spending.

The most recent analyst rating on (JP:2264) stock is a Hold with a Yen4459.00 price target. To see the full list of analyst forecasts on Morinaga Milk Industry Co., Ltd. stock, see the JP:2264 Stock Forecast page.

More about Morinaga Milk Industry Co., Ltd.

Morinaga Milk Industry Co., Ltd. operates in the dairy and nutrition industry, with a portfolio that includes formula milk, probiotics and other milk-derived products. The company runs both domestic and global businesses, with overseas operations such as MILEI benefiting from international whey market dynamics and growing demand for value-added nutrition products.

Average Trading Volume: 279,989

Technical Sentiment Signal: Buy

Current Market Cap: Yen367.9B

For detailed information about 2264 stock, go to TipRanks’ Stock Analysis page.