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Morinaga Milk Industry Co 2264.T · JPY

Consumer Staples · Tokyo Stock Exchange · 🇯🇵 Japan

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1,089

+1.07%

Close of 9 Nov 2026, in JPY

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in JPY, from our data supplier.

FY2026

Revenue

¥571.46bn

FY2017FY2026

Net income

¥22.60bn

FY2017FY2026

Free cash flow

−¥4.28bn

FY2017FY2026

Shareholders' equity

¥274.75bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue¥571.46bn¥561.17bn¥547.06bn¥525.60bn¥503.35bn¥583.55bn¥590.89bn¥583.58bn¥592.09bn¥592.62bn
Gross profit¥143.26bn¥135.05bn¥131.96bn¥118.30bn¥122.28bn¥190.07bn¥189.35bn¥185.25bn¥189.95bn¥193.33bn
Research and development—¥6.18bn¥5.96bn¥5.56bn¥5.09bn¥4.78bn¥4.78bn¥4.65bn¥4.75bn¥5.36bn
Operating income¥34.48bn¥29.66bn¥29.03bn¥23.94bn¥30.49bn¥28.87bn¥26.06bn¥22.33bn¥22.51bn¥21.10bn
Net income¥22.60bn¥5.46bn¥61.31bn¥16.88bn¥33.78bn¥18.74bn¥18.66bn¥14.02bn¥15.78bn¥13.20bn
Diluted earnings per share69.9516.78183.3048.6193.1547.2547.0335.3439.7833.27

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets¥547.12bn¥520.42bn¥566.00bn¥487.44bn¥458.79bn¥453.65bn¥436.06bn¥432.26bn¥414.82bn¥385.37bn
Cash and short-term investments¥26.06bn¥28.56bn¥64.53bn¥21.10bn¥23.61bn¥19.26bn¥8.68bn¥3.69bn¥10.14bn¥7.38bn
Total liabilities¥267.36bn¥249.32bn¥283.86bn¥259.19bn¥250.76bn¥251.14bn¥252.92bn¥263.09bn¥255.72bn¥242.52bn
Debt¥122.67bn¥104.73bn¥86.82bn¥101.33bn¥89.26bn¥104.01bn¥101.16bn¥108.69bn¥91.98bn¥92.25bn
Shareholders' equity¥274.75bn¥266.33bn¥277.18bn¥223.03bn¥206.07bn¥199.56bn¥181.49bn¥167.64bn¥157.75bn¥142.24bn
Shares outstanding323m325m334m347m363m397m397m397m397m397m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations¥35.72bn−¥12.46bn¥56.58bn¥19.38bn¥40.27bn¥38.54bn¥29.21bn¥18.51bn¥25.11bn¥37.35bn
Capital spending−¥40.00bn−¥32.22bn−¥33.15bn−¥19.59bn−¥18.88bn−¥28.18bn−¥32.78bn−¥39.25bn−¥19.78bn−¥22.29bn
Free cash flow−¥4.28bn−¥44.68bn¥23.44bn−¥205.0m¥21.39bn¥10.36bn−¥3.57bn−¥20.74bn¥5.33bn¥15.06bn
Dividends paid−¥7.47bn−¥9.01bn−¥4.07bn−¥3.62bn−¥3.46bn−¥2.97bn−¥2.72bn−¥2.47bn−¥2.23bn−¥1.73bn

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥147.10bn¥133.64bn¥144.49bn¥149.65bn¥143.68bn¥130.45bn¥140.12bn¥149.96bn
Gross profit¥36.14bn¥32.23bn¥37.16bn¥39.14bn¥34.73bn¥30.86bn¥33.58bn¥36.63bn
Operating income¥9.98bn¥3.80bn¥9.88bn¥11.97bn¥8.84bn¥4.17bn¥7.99bn¥9.03bn
Net income¥6.68bn¥662.0m¥7.30bn¥7.73bn¥6.91bn−¥9.28bn¥5.03bn¥4.40bn
Diluted earnings per share20.672.0522.4323.7521.24-28.5215.0413.14
Total assets¥573.25bn¥547.12bn¥563.99bn¥553.38bn¥547.97bn¥520.42bn¥544.22bn¥543.23bn
Cash and short-term investments¥39.21bn¥26.06bn¥41.76bn¥51.50bn¥43.57bn¥28.56bn¥23.32bn¥29.18bn
Debt¥27.23bn¥118.33bn¥18.52bn¥121.79bn¥44.09bn¥99.77bn¥39.26bn¥98.78bn
Shareholders' equity¥276.83bn¥274.75bn¥272.29bn¥269.42bn¥263.57bn¥266.33bn¥274.20bn¥281.21bn

Growth per year

Compound annual rate

3 years5 years10 years
Revenue2.8%-0.4%-0.5%
Operating income12.9%3.6%9.2%
Net income10.2%3.8%7.9%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin24.6%24.0%25.5%28.5%
Operating margin5.7%5.3%5.4%4.5%
Net margin2.5%4.8%4.8%3.7%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings16.355.54.014.06.714.413.515.79.719.2
Price to sales0.60.50.50.50.50.50.40.40.30.4

Dividends and splits

Per share, in the currency the company pays

Paid for 36 years. Last went ex-dividend on 29 Sept 2026.

FY2027FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Paid in the year12.0036.2526.2511.2510.007.507.506.875
  • 2-for-1 split · 29 Nov 2023
  • 5-to-1 reverse split · 27 Sept 2017
  • 1-to-1 reverse split · 1 Jul 2005

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
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