Top Page
Morinaga Milk Industry Co., Ltd.
(2264)
Morinaga Milk Industry Co., Ltd. (2264) vs. iShares MSCI Japan ETF (EWJ)
Morinaga Milk Industry Co., Ltd. Business Overview & Revenue Model
Morinaga Milk Industry Co., Ltd. Financial Statement Overview
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 554.54B | 561.17B | 547.06B | 525.60B | 503.35B | 583.55B |
| Gross Profit | 132.46B | 135.05B | 131.96B | 118.30B | 122.28B | 190.07B |
| EBITDA | 46.69B | 41.46B | 113.53B | 45.92B | 70.39B | 47.20B |
| Net Income | 13.25B | 5.46B | 61.31B | 16.88B | 33.78B | 18.74B |
Balance Sheet | ||||||
| Total Assets | 544.22B | 520.42B | 566.00B | 485.12B | 458.79B | 452.76B |
| Cash, Cash Equivalents and Short-Term Investments | 23.32B | 28.56B | 64.53B | 21.10B | 23.61B | 19.26B |
| Total Debt | 104.87B | 104.73B | 86.82B | 101.33B | 89.26B | 104.29B |
| Total Liabilities | 265.02B | 249.32B | 283.87B | 257.99B | 250.76B | 250.85B |
| Stockholders Equity | 274.19B | 266.33B | 277.18B | 223.03B | 206.07B | 199.56B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -44.68B | 23.44B | -205.00M | 21.39B | 10.36B |
| Operating Cash Flow | 0.00 | -12.46B | 56.58B | 19.38B | 40.27B | 38.54B |
| Investing Cash Flow | 0.00 | -18.79B | 25.22B | -25.46B | 8.37B | -25.30B |
| Financing Cash Flow | 0.00 | -5.03B | -38.62B | 2.92B | -44.52B | -2.63B |
Morinaga Milk Industry Co., Ltd. Technical Analysis
Morinaga Milk Industry Co., Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ¥650.69B | 17.80 | 8.78% | 1.18% | 4.25% | 4.06% | |
74 Outperform | $351.86B | 16.31 | 10.34% | 2.13% | 6.45% | 4.96% | |
72 Outperform | ¥186.13B | 13.38 | 2.90% | 1.72% | -28.42% | ||
68 Neutral | ¥198.41B | 21.33 | 8.29% | 2.33% | 4.99% | 3.05% | |
67 Neutral | $867.90B | 16.98 | 6.71% | 3.13% | 4.39% | 2.40% | |
63 Neutral | ¥300.35B | 52.42 | 2.66% | 2.58% | -90.84% | ||
54 Neutral | €299.96B | 54.02 | 2.04% | 1.95% | -3.24% | -63.77% |
Morinaga Milk Industry Co., Ltd. Corporate Events
Morinaga Milk Industry Co., Ltd. announced the acquisition of 496,700 of its own shares at a total cost of 1,638,576,200 yen during June 2025. This move is part of a broader strategy approved by the board to acquire up to 3.8 million shares, with a maximum expenditure of 10 billion yen, through market purchases on the Tokyo Stock Exchange by March 2026.
The most recent analyst rating on (JP:2264) stock is a Hold with a Yen3300.00 price target. To see the full list of analyst forecasts on Morinaga Milk Industry Co., Ltd. stock, see the JP:2264 Stock Forecast page.
Morinaga Milk Industry Co., Ltd. announced the status of its treasury stock acquisition, revealing that no shares were acquired between May 14 and May 31, 2025. Despite the board’s approval to acquire up to 3,800,000 shares by March 31, 2026, the company has not yet initiated any purchases, which may impact its market strategy and investor relations.
The most recent analyst rating on (JP:2264) stock is a Hold with a Yen3300.00 price target. To see the full list of analyst forecasts on Morinaga Milk Industry Co., Ltd. stock, see the JP:2264 Stock Forecast page.
Morinaga Milk Industry Co., Ltd. announced the issuance of its 21st and 22nd series of unsecured straight bonds, each valued at 10 billion yen, with maturities of five and ten years respectively. This strategic financial move is expected to strengthen the company’s capital structure and support its long-term growth objectives, potentially impacting its market position positively.
The most recent analyst rating on (JP:2264) stock is a Hold with a Yen3300.00 price target. To see the full list of analyst forecasts on Morinaga Milk Industry Co., Ltd. stock, see the JP:2264 Stock Forecast page.
Morinaga Milk Industry Co., Ltd. has announced a decision to acquire treasury shares as part of its strategy to enhance shareholder returns and optimize capital structure. The company aims to increase its total payout ratio by raising dividends and acquiring treasury stock, which will be canceled to improve capital efficiency and shareholder value.
The most recent analyst rating on (JP:2264) stock is a Hold with a Yen3300.00 price target. To see the full list of analyst forecasts on Morinaga Milk Industry Co., Ltd. stock, see the JP:2264 Stock Forecast page.
Morinaga Milk Industry Co., Ltd. reported a 2.6% increase in net sales for the fiscal year ending March 2025, with significant contributions from its global business and efficient sales promotion. The company has outlined a medium-term business plan for 2025–2028, targeting a net sales increase to ¥630.0 billion by March 2029, supported by growth strategies, structural reforms, and organizational culture changes.
The most recent analyst rating on (JP:2264) stock is a Hold with a Yen3300.00 price target. To see the full list of analyst forecasts on Morinaga Milk Industry Co., Ltd. stock, see the JP:2264 Stock Forecast page.
Morinaga Milk Industry Co., Ltd. reported its consolidated financial results for the fiscal year ended March 31, 2025, showing a slight increase in net sales and operating profit, but a significant drop in profit attributable to owners of the parent. The company experienced a decrease in total assets and net assets, while cash flows from operating, investing, and financing activities were negative. Despite these challenges, the company plans to increase dividends and forecasts growth in net sales and profits for the next fiscal year.
The most recent analyst rating on (JP:2264) stock is a Hold with a Yen3300.00 price target. To see the full list of analyst forecasts on Morinaga Milk Industry Co., Ltd. stock, see the JP:2264 Stock Forecast page.
Morinaga Milk Industry Co., Ltd. reported its consolidated financial results for the fiscal year ended March 31, 2025, showing a slight increase in net sales and operating profit. However, the company experienced a significant drop in profit attributable to owners of the parent, mainly due to a decrease in comprehensive income. The company also executed a stock split, impacting earnings per share calculations. Despite these challenges, Morinaga Milk is projecting growth in net sales and profits for the next fiscal year, indicating a positive outlook for its future operations.
The most recent analyst rating on (JP:2264) stock is a Hold with a Yen3300.00 price target. To see the full list of analyst forecasts on Morinaga Milk Industry Co., Ltd. stock, see the JP:2264 Stock Forecast page.
Morinaga Milk Industry Co., Ltd. has revised its full-year consolidated earnings forecast for the fiscal year ending March 31, 2025. While operating and ordinary profits are expected to exceed previous forecasts due to successful global business operations and cost reductions, the profit attributable to owners of the parent is projected to fall significantly due to extraordinary losses from impairment in overseas subsidiaries. This adjustment reflects challenges faced by subsidiaries in Pakistan, the U.S., and Vietnam, necessitating a review of their profitability.
Morinaga Milk Industry Co., Ltd. has revised its full-year consolidated earnings forecast for the fiscal year ending March 31, 2025, with a significant downward adjustment in profit attributable to owners of the parent, from ¥18.0 billion to ¥5.0 billion. This adjustment is primarily due to recording ¥19.9 billion in impairment losses for overseas subsidiaries, including NutriCo Morinaga in Pakistan and Turtle Island Foods in the U.S. Despite these losses, the company has increased its operating profit forecast due to global business growth and cost reductions, and it plans to implement specific structural reforms moving forward.