Morinaga Milk Industry Co., Ltd. (JP:2264)
:2264
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2264 Stock Chart & Stats
¥3724.00
-¥48.50(-1.68%)
At close: 4:00 PM EST
¥3724.00
-¥48.50(-1.68%)
Day’s Range― - ―
52-Week Range¥3,177.00 - ¥5,098.00
Previous CloseN/A
Volume428.70K
Average Volume (3M)247.79K
Market Cap
¥397.18B
Enterprise Value¥478.45B
Total Cash (Recent Filing)¥43.57B
Total Debt (Recent Filing)¥123.92B
Price to Earnings (P/E)128.9
Beta0.31
Next Earnings
Aug 06, 2026EPS Estimate
73.28Next Dividend Ex-DateN/A
Dividend Yield2.42%
Share Statistics
EPS (TTM)57.37
Shares Outstanding86,179,790
10 Day Avg. Volume265,070
30 Day Avg. Volume247,786
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)1.42
Price to Sales (P/S)0.68
P/FCF Ratio-91.07
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥6,400.00Price Target Upside71.86% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)320.18
Revenue Forecast (FY)¥591.05B
Bulls Say, Bears Say
Bulls Say
Steady Revenue GrowthConsistent top-line growth from 503B in 2022 to 571B in 2026 demonstrates expanding market penetration of Morinaga’s core dairy and nutrition lines. A steady revenue base supports scale economics, underwriting longer-term investments and resilience through normal demand cycles.
Diversified Branded Portfolio With Nutrition FocusA broad branded product mix—commodity dairy plus higher-value infant formula and nutritional products—creates multiple revenue streams and repeat-purchase dynamics. Brand strength in nutrition products supports pricing power and margin durability versus pure commodity exposure over time.
Moderate Leverage And Expanding Equity BaseDebt levels are moderate and equity has grown materially to ~275B by 2026, giving the company a larger capital buffer. This balance sheet flexibility supports working capital and targeted investments during profit cycles without forcing expensive external financing.
Bears Say
Volatile Profitability And MarginsWide margin swings (11.2% → 1.0% → 4.0% over three years) indicate earnings are sensitive to input costs, pricing, or mix shifts. Such volatility undermines predictability of earnings, complicates reinvestment decisions, and raises risk for consistent shareholder returns over the medium term.
Inconsistent And Often Negative Free Cash FlowRepeated negative FCF in recent years, including -44.7B in 2025 and -4.3B in 2026, signals weak cash conversion and/or heavier investment cycles. That constrains the firm’s ability to fund capex, dividends, or M&A internally and raises reliance on external funding when profitability softens.
Cyclic And Inconsistent Returns On EquityROE volatility (≈22% → 2% → 8%) shows shareholder returns swing with episodic profit strength rather than steady improvement. This cyclicality makes capital allocation outcomes and long-term return expectations less reliable for investors and can pressure cost of capital planning.
Morinaga Milk Industry Co., Ltd. News
2264 FAQ
What was Morinaga Milk Industry Co., Ltd.’s price range in the past 12 months?
Morinaga Milk Industry Co., Ltd. lowest stock price was ¥3177.00 and its highest was ¥5098.00 in the past 12 months.
What is Morinaga Milk Industry Co., Ltd.’s market cap?
Morinaga Milk Industry Co., Ltd.’s market cap is ¥397.18B.
When is Morinaga Milk Industry Co., Ltd.’s upcoming earnings report date?
Morinaga Milk Industry Co., Ltd.’s upcoming earnings report date is Aug 06, 2026 which is in 70 days.
How were Morinaga Milk Industry Co., Ltd.’s earnings last quarter?
Morinaga Milk Industry Co., Ltd. released its earnings results on May 13, 2026. The company reported ¥9.24 earnings per share for the quarter, beating the consensus estimate of -¥25.715 by ¥34.955.
Is Morinaga Milk Industry Co., Ltd. overvalued?
According to Wall Street analysts Morinaga Milk Industry Co., Ltd.’s price is currently Undervalued.
Does Morinaga Milk Industry Co., Ltd. pay dividends?
Morinaga Milk Industry Co., Ltd. pays a Semiannually dividend of ¥48 which represents an annual dividend yield of 2.42%. See more information on Morinaga Milk Industry Co., Ltd. dividends here
What is Morinaga Milk Industry Co., Ltd.’s EPS estimate?
Morinaga Milk Industry Co., Ltd.’s EPS estimate is 73.28.
How many shares outstanding does Morinaga Milk Industry Co., Ltd. have?
Morinaga Milk Industry Co., Ltd. has 86,179,790 shares outstanding.
What happened to Morinaga Milk Industry Co., Ltd.’s price movement after its last earnings report?
Morinaga Milk Industry Co., Ltd. reported an EPS of ¥9.24 in its last earnings report, beating expectations of -¥25.715. Following the earnings report the stock price went down -7.925%.
Which hedge fund is a major shareholder of Morinaga Milk Industry Co., Ltd.?
Currently, no hedge funds are holding shares in JP:2264
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Morinaga Milk Industry Co., Ltd.
Morinaga Milk Industry Co., Ltd., together with its subsidiaries, produces and sells various dairy products in Japan and internationally. The company offers milk, yogurt, cheese, and butter products, as well as chilled desserts, ice creams, infant formulas and baby foods, health foods, and liquid diet and nursing care foods; milk-based drinks, coffee drinks, chilled tea beverages, and various other products; and other products, such as creaming powders, condensed milks, and TOFU products. It also provides infant and toddler milk ingredients, including whey protein concentrate and lactose, as well as lactoferrin. In addition, the company is involved in the processing and packaging products, such as tofu and other soy-based products. Further, it engages in the mail-order sale of health food products; and offers hygiene management equipment. The company was formerly known as Nippon Rennyu Co., Ltd. and changed its name to Morinaga Milk Industry Co., Ltd. in 1949. Morinaga Milk Industry Co., Ltd. was founded in 1917 and is headquartered in Tokyo, Japan.
2264 Stock 12 Month Forecast
Average Price Target
¥6,400.00
▲(71.86% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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