Research Coverage of Japanese Listed Companies, Shared Research Inc

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Research Coverage of Japanese Listed Companies

Shared Research Inc

Pioneering research coverage of Japanese listed companies. Now customizable and interactive for global institutional investors. Corporate access reimagined.

Equity Bottom-Up

Morinaga Milk Industry Co / Equity Bottom-Up

<ul><li>Q1 FY03/25 sales were JPY140.6bn (+0.6% YoY), operating profit JPY847mn (-11.7% YoY), and net income JPY5.3bn (-90.0% YoY).</li><li>Sales increased in Nutrition and Functional Foods (+2.3% YoY), Core Foods (+3.9% YoY), and B-to-B (+4.2% YoY).</li><li>Overseas business sales declined by 7.4% YoY, with operating profit down 68.2% YoY due to MILEI GmbH downturn.</li></ul>

Q1 FY03/25 sales were JPY140.6bn (+0.6% YoY), operating profit JPY847mn (-11.7% YoY), and net income JPY5.3bn (-90.0% YoY).Sales increased in Nutrition and Functional Foods (+2.3% YoY), Core Foods (+3.9% YoY), and B-to-B (+4.2% YoY).Overseas business sales declined by 7.4% YoY, with operating profit down 68.2% YoY due to MILEI GmbH downturn.

Morinaga Milk Industry Co (2264 JP): Q1 FY03/25 flash update