Want to see JP:2201 full AI Analyst Report?

Morinaga & Co (2201) Price & Analysis

0 Followers

2201 Stock Chart & Stats

¥2704.00

¥96.50(3.54%)

At close: Jul 29 4:00 PM EDT

¥2704.00

¥96.50(3.54%)

Day’s Range― - ―

52-Week Range¥2,420.50 - ¥2,895.00

Previous CloseN/A

Volume208.40K

Average Volume (3M)277.57K

Market Cap

¥212.49B

Enterprise Value¥235.60K

Total Cash (Recent Filing)¥25.48B

Total Debt (Recent Filing)¥41.00B

Price to Earnings (P/E)12.6

Beta0.18

Next Earnings

Nov 05, 2026

EPS Estimate

63.63

Next Dividend Ex-DateN/A

Dividend Yield2.51%

Share Statistics

EPS (TTM)204.54

Shares Outstanding86,111,640

10 Day Avg. Volume194,210

30 Day Avg. Volume277,570

Financial Highlights & Ratios

PEG Ratio2.52

Price to Book (P/B)1.60

Price to Sales (P/S)0.96

P/FCF Ratio34.18

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

¥2,866.67

Price Target Upside6.02% Upside

Rating ConsensusModerate Buy

Number of Analyst Covering3

EPS Forecast (FY)208.14

Revenue Forecast (FY)¥252.68B

Bulls Say, Bears Say

Bulls Say

Steady Revenue GrowthConsistent multi-year revenue growth indicates sustained demand for Morinaga’s branded confectionery and food portfolio. Continued expansion provides a durable base for scale benefits, product innovation and broader distribution over the next several quarters.

Improving Sustainable ProfitabilityProfitability has improved materially from 2023 and remained broadly stable across 2024–2026. This suggests the company retains pricing, product-mix or operating discipline that can support earnings resilience beyond a single reporting period.

Conservative Balance SheetLow leverage and expanding equity reduce dependence on external financing and improve resilience against cost shocks or weaker demand. The stable debt base also preserves flexibility to fund product development, capacity and shareholder returns.

Bears Say

Inconsistent Cash ConversionVolatile operating cash flow and inconsistent free cash flow mean reported earnings do not reliably translate into discretionary cash. Working-capital or timing swings could constrain reinvestment, debt reduction and shareholder distributions over the medium term.

Normalized And Volatile MarginsThe sharp contrast with 2022 shows that Morinaga’s peak earnings profile may not be durable. Normalized margins leave less buffer against raw-material, packaging and promotional pressure, increasing the risk of uneven earnings through the next few quarters.

Uneven Return On EquityFluctuating ROE indicates inconsistent efficiency in converting the company’s growing equity base into profits. Although the balance sheet is sound, variable capital productivity could limit sustainable shareholder returns unless operating gains become more consistent.

Morinaga & Co News

Morinaga & Co. Posts Higher Sales but Lower Profit in First Quarter, Raises Dividend Outlook

Morinaga & Co ( ($JP:2201) ) has shared an update. Morinaga & Co. reported a 5.6% year-on-year rise...

19d ago

Morinaga raises annual dividend and affirms stable shareholder return policy

An announcement from Morinaga & Co ( ($JP:2201) ) is now available. Morinaga & Co., Ltd. has resolved...

4M ago

Morinaga & Co. Delivers Higher Sales and Dividend Hike Despite Flat Profit

Morinaga & Co ( ($JP:2201) ) has issued an announcement. Morinaga & Co. reported consolidated net sales of...

4M ago

Morinaga Completes Acquisition of MyMo Holdco, Inc.

Morinaga & Co ( ($JP:2201) ) just unveiled an announcement. Morinaga & Co., Ltd. has completed the acquisition...

5M ago

Morinaga to Buy U.S. Mochi Ice Cream Leader My/Mochi in Growth Push

Morinaga & Co ( ($JP:2201) ) has shared an update. Morinaga & Co. has agreed to acquire all...

6M ago

Morinaga & Co. Lifts Nine-Month Profit and Confirms Full-Year Outlook

An update from Morinaga & Co ( ($JP:2201) ) is now available. Morinaga & Co. reported consolidated net...

7M ago

MGAAF Upcoming Earnings Report: What to Expect?

Morinaga & Co (MGAAF) is scheduled to report 3rd quarter earnings on 02/10/2026. Regarding Q3 estimates, Wall Street...

7M ago

Morinaga & Co. Reports Modest Sales Growth Amid Profit Challenges

Morinaga & Co ( ($JP:2201) ) just unveiled an update. Morinaga & Co., Ltd. reported its consolidated financial...

10M ago

Morinaga & Co. Revises Fiscal Year 2026 Forecasts Amid Market Challenges

Morinaga & Co ( ($JP:2201) ) has issued an announcement. Morinaga & Co., Ltd. has revised its consolidated...

10M ago

Morinaga & Co. Announces Interim Dividend to Enhance Shareholder Returns

Morinaga & Co ( ($JP:2201) ) has issued an update. Morinaga & Co., Ltd. has announced an interim...

10M ago

2201 FAQ

What was Morinaga & Co Ltd’s price range in the past 12 months?

Morinaga & Co Ltd lowest stock price was ¥2420.50 and its highest was ¥2895.00 in the past 12 months.

What is Morinaga & Co Ltd’s market cap?

Morinaga & Co Ltd’s market cap is ¥212.49B.

When is Morinaga & Co Ltd’s upcoming earnings report date?

Morinaga & Co Ltd’s upcoming earnings report date is Nov 05, 2026 which is in 72 days.

How were Morinaga & Co Ltd’s earnings last quarter?

Morinaga & Co Ltd released its earnings results on Aug 06, 2026. The company reported ¥53.09 earnings per share for the quarter, missing the consensus estimate of ¥53.65 by -¥0.56.

Is Morinaga & Co Ltd overvalued?

According to Wall Street analysts Morinaga & Co Ltd’s price is currently Undervalued. Get more investment ideas with TipRanks Premium

Does Morinaga & Co Ltd pay dividends?

Morinaga & Co Ltd pays a Semiannually dividend of ¥35 which represents an annual dividend yield of 2.51%. See more information on Morinaga & Co Ltd dividends here

What is Morinaga & Co Ltd’s EPS estimate?

Morinaga & Co Ltd’s EPS estimate is 63.63.

How many shares outstanding does Morinaga & Co Ltd have?

Morinaga & Co Ltd has 86,111,640 shares outstanding.

What happened to Morinaga & Co Ltd’s price movement after its last earnings report?

Morinaga & Co Ltd reported an EPS of ¥53.09 in its last earnings report, missing expectations of ¥53.65. Following the earnings report the stock price went up 3.362%.

Which hedge fund is a major shareholder of Morinaga & Co Ltd?

Currently, no hedge funds are holding shares in JP:2201

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 & Co Ltd

Established in Tokyo, Japan, in 1899, Morinaga&Co., Ltd. is a prominent manufacturer, procurer, and distributor of a broad array of consumer products, serving markets both within Japan and internationally. The company's diverse offerings span confectionery items like caramels, biscuits, and chocolates; food staples such as cocoa and cake mixes; frozen desserts, including various ice creams; and health-oriented products like nutritious jelly drinks. Morinaga also extends its reach by providing health foods and beverages through dedicated mail-order services. Its well-known brands encompass a wide selection, featuring popular names such as Morinaga Milk Caramel, HI-CHEW, DARS, Chocoball, ICEBOX, and in Jelly.

Morinaga & Co (2201) Earnings & Revenues

Historic Earnings Reports

2201 Stock 12 Month Forecast

Average Price Target

¥2,866.67

▲(6.02% Upside)

{"navigator":{"disabled":true},"exporting":{"enabled":false},"title":{"text":null},"chart":{"height":200,"style":{"fontFamily":"Roboto Flex, -apple-system, BlinkMacSystemFont, Segoe UI, Roboto, Helvetica, Arial, sans-serif, Apple Color Emoji, Segoe UI Emoji, Segoe UI Symbol","fontWeight":"400","color":"#5d5d5e"},"spacingTop":30,"spacingRight":60,"events":null},"yAxis":{"labels":{"style":{"color":"inherit"},"distance":6,"x":-6,"y":-6,"zIndex":1,"map_label_formatter":{"2370":"¥2,370","3101":"¥3,101","2552.75":"¥2,552.8","2735.5":"¥2,735.5","2918.25":"¥2,918.3"}},"plotLines":[{"color":"rgba(0,0,0,0)","value":3100,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":-10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-bottom flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#199ca5\">High </span>\n\n  <span style=\"color:#199ca5\">¥3.10K</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":2866.6666666666665,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":0,"text":"<div  class=\"positionrelative hoverZ3 triangleleft flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#828080\">Average </span>\n\n  <span style=\"color:#828080\">¥2.87K</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":2500,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-top flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#912767\">Low </span>\n\n  <span style=\"color:#912767\">¥2.50K</span>\n  </div></div>","useHTML":true}}],"tickPositions":[2370,2552.75,2735.5,2918.25,3101],"lineColor":"#dddddd","gridLineWidth":1,"gridLineColor":"#dddddd","lineWidth":1,"title":{"text":""}},"plotOptions":{"series":{"states":{"inactive":{"opacity":1}}},"line":{"animation":{"duration":0},"dataLabels":{"allowOverlap":true},"borderWidth":1,"marker":{"enabled":true,"fillColor":"#FFFFFF","radius":3,"lineWidth":2,"symbol":"circle","lineColor":"#828080"}}},"xAxis":{"labels":{"style":{"color":"inherit"},"rotation":0,"map_label_formatter":{"3":"Nov<br/>2025","6":"Feb<br/>2026","9":"May<br/>2026","12":"Aug<br/>2026","25":"Aug<br/>2027"}},"tickPositions":[3,6,9,12,25],"plotLines":[{"color":"#dddddd","width":1,"value":12},{"color":"#dddddd","width":1,"value":12}],"lineWidth":0,"gridLineWidth":1,"gridLineColor":"#dddddd","tickLength":0},"legend":{"symbolRadius":0,"symbolPadding":4,"symbolHeight":14,"borderWidth":0,"symbolWidth":14,"align":"left","verticalAlign":"bottom","enabled":false},"tooltip":{"backgroundColor":"rgba(0,0,0,0)","useHTML":true,"borderWidth":0,"borderColor":"rgba(0,0,0,0)","padding":0,"shadow":null,"headerFormat":"","footerFormat":"","pointFormat":"<div class=\"flexccc lineHeight2 bgwhite shadow2 px3 py3 radiismall fonth10_semibold\">\n                <span class=\"colorgray-3 mb4\">{point.date:%b %d ,%Y}</span>\n                <span>Analyst Consensus</span>\n                {point.info}\n          </div>\n           </div>"},"credits":{"enabled":false},"accessibility":{"description":""},"responsive":{"rules":[{"chartOptions":{"chart":{"spacing":[0,0,0,0],"margin":[30,60,40,5]},"xAxis":{"tickPositions":[3,12,25.25]},"yAxis":{"labels":{"enabled":false}},"title":{"text":null},"subtitle":{"text":null}},"condition":{"maxWidth":500}}]},"series":[{"lineWidth":2,"dashStyle":"ShortDash","name":"High","type":"line","color":"#199ca5","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,2641,2676.3076923076924,2711.6153846153848,2746.923076923077,2782.230769230769,2817.5384615384614,2852.846153846154,2888.153846153846,2923.4615384615386,2958.769230769231,2994.076923076923,3029.3846153846152,3064.6923076923076,{"y":3100,"marker":{"fillColor":"#199ca5","lineColor":"#199ca5","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Average","type":"line","color":"#828080","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,2641,2658.358974358974,2675.7179487179487,2693.076923076923,2710.4358974358975,2727.7948717948716,2745.153846153846,2762.5128205128203,2779.871794871795,2797.230769230769,2814.5897435897436,2831.948717948718,2849.3076923076924,{"y":2866.6666666666665,"marker":{"fillColor":"#828080","lineColor":"#828080","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Low","type":"line","color":"#912767","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,2641,2630.153846153846,2619.3076923076924,2608.4615384615386,2597.6153846153848,2586.769230769231,2575.923076923077,2565.076923076923,2554.230769230769,2543.3846153846152,2532.5384615384614,2521.6923076923076,2510.846153846154,{"y":2500,"marker":{"fillColor":"#912767","lineColor":"#912767","enabled":true,"symbol":"circle"}}]},{"type":"line","data":[{"y":2371.469,"date":1754006400000,"info":" <span style=\"color:#828080\" class=\"mb3 mt2 fonth8_semibold\"> Hold</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#828080","enabled":true,"symbol":"circle"}},{"y":2626.723,"date":1756684800000,"info":" <span style=\"color:#828080\" class=\"mb3 mt2 fonth8_semibold\"> Hold</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#828080","enabled":true,"symbol":"circle"}},{"y":2552.806,"date":1759276800000,"info":" <span style=\"color:#828080\" class=\"mb3 mt2 fonth8_semibold\"> Hold</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#828080","enabled":true,"symbol":"circle"}},{"y":2623.95,"date":1761955200000,"info":" <span style=\"color:#828080\" class=\"mb3 mt2 fonth8_semibold\"> Hold</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#828080","enabled":true,"symbol":"circle"}},{"y":2603.694,"date":1764547200000,"info":" <span style=\"color:#828080\" class=\"mb3 mt2 fonth8_semibold\"> Hold</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#828080","enabled":true,"symbol":"circle"}},{"y":2628.397,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 1,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":2668.91,"date":1769904000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 1,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":2840.348,"date":1772323200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 1,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":2774,"date":1775001600000,"info":" <span style=\"color:#828080\" class=\"mb3 mt2 fonth8_semibold\"> Hold</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#828080","enabled":true,"symbol":"circle"}},{"y":2681.5,"date":1777593600000,"info":" <span style=\"color:#828080\" class=\"mb3 mt2 fonth8_semibold\"> Hold</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#828080","enabled":true,"symbol":"circle"}},{"y":2514.5,"date":1780272000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":2581.5,"date":1782864000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":2641,"date":1785542400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"fillColor":"black","lineColor":"black","enabled":true,"symbol":"circle"}},null,null,null,null,null,null,null,null,null,null,null,null],"color":"#0666a7"}]}

Detailed Analyst Forecast >