Morinaga &, Apr-Jun (1Q) Ordinary Profit Increases by 4%

Thu Aug 7, 2025 3:30 pm JST Earnings

2201 Morinaga & Co.,Ltd. 【J-GAAP】

Earnings Report

Morinaga & Co.,Ltd. <2201> [TSE Prime] announced its financial results after the market closed on August 7th (15:30). The consolidated ordinary profit for the first quarter of the fiscal year ending March 2026 (April to June) increased 3.8% from the same period last year, reaching 7.20 billion yen. Progress toward the plan for the six months ending September (first half) of 12.5 billion yen was 57.6%, also surpassing the five-year average of 46.7%.

In the most recent three-month period, from April to June (1Q), the operating profit margin decreased from 11.8% in the same period last year to 11.8%.

Kabutan News

Actual Performance and Financial Trends

Accumulated Results 1st Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Apr - Jun, 2023	51,092M	5,803M	5,985M	4,322M	46.7	41.6	Aug 8, 2023	J-GAAP
Apr - Jun, 2024	56,928M	6,741M	6,938M	4,880M	54.2	49.2	Aug 8, 2024	J-GAAP
Apr - Jun, 2025	60,253M	7,098M	7,204M	5,046M	59.6	57.6	Aug 7, 2025	J-GAAP
YoY	+5.8%	+5.3%	+3.8%	+3.4%	+9.9%

Current Period Guidance

First Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2024	118,845M	13,855M	14,099M	10,631M	118.4	0	Nov 12, 2024	J-GAAP
Guidance Apr - Sep, 2025	123,500M	12,400M	12,500M	10,700M	127.4	32.50	May 9, 2025	J-GAAP
YoY	+3.9%	-10.5%	-11.3%	+0.6%	+7.6%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2024	213,368M	20,273M	21,039M	15,154M	165.6	55	May 10, 2024	J-GAAP
Mar, 2025	228,957M	21,266M	22,304M	17,710M	200.9	60	May 9, 2025	J-GAAP
Guidance Mar, 2026	240,000M	21,400M	21,700M	17,800M	212.0	65	May 9, 2025	J-GAAP
YoY	+4.8%	+0.6%	-2.7%	+0.5%	+5.5%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Apr - Jun, 2024	56,928M	6,741M	6,938M	4,880M	54.2	11.8	Aug 8, 2024	J-GAAP
Jul - Sep, 2024	61,917M	7,114M	7,161M	5,751M	64.0	11.5	Nov 12, 2024	J-GAAP
Oct - Dec, 2024	57,739M	5,572M	5,745M	2,970M	33.4	9.7	Feb 10, 2025	J-GAAP
Jan - Mar, 2025	52,373M	1,839M	2,460M	4,109M	46.6	3.5	May 9, 2025	J-GAAP
Apr - Jun, 2025	60,253M	7,098M	7,204M	5,046M	59.6	11.8	Aug 7, 2025	J-GAAP
YoY	+5.8%	+5.3%	+3.8%	+3.4%	+9.9%