2264 MORINAGA MILK INDUSTRY CO.,LTD - Financial Results

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

2264

TSE Prime

MORINAGA MILK INDUSTRY CO.,LTD

2,863.0

JPY

-43.5

(-1.50%)

Dec 23, 3:30 pm JST

18.28

USD

Dec 23, 1:30 am EST

Result

PTS

outside of trading hours

ー

Summary Chart Historical News Financial Result

Current Period Guidance

Annual

Result

Guidance History

Growth Rate

Profitability

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2021	583,550	28,867	30,109	18,741	189.4	35	May 13, 2021	J-GAAP
Mar, 2022	503,354	29,792	31,127	33,782	343.7	40	May 13, 2022	J-GAAP
Mar, 2023	525,603	23,939	25,218	16,875	186.6	45	May 15, 2023	J-GAAP
Mar, 2024	547,059	27,839	28,104	61,307	696.9	60	May 14, 2024	J-GAAP
Mar, 2025 Guidance	560,000	28,500	28,200	18,000	215.5	90	Nov 8, 2024	J-GAAP
YoY	+2.4%	+2.4%	+0.3%	-70.6%	-69.1%

Revision Direction	Revision Date	Revenue	Operating Profit	Ordinary Profit	Net Profit	Revised Dividend	Accounting Standards
Mar, 2020	May 13, 2019	593,000	23,000	23,700	19,500	30	J-GAAP
	Nov 7, 2019	589,800	23,000	23,700	19,500	30	J-GAAP
Results	May 14, 2020	590,892	25,359	25,867	18,656	30	J-GAAP
Mar, 2021	May 14, 2020	Available in future release
	Nov 11, 2020
	Apr 28, 2021
Results	May 13, 2021
Mar, 2022	May 13, 2021
	Nov 11, 2021
	Feb 9, 2022
Results	May 13, 2022
Mar, 2023	May 13, 2022
	Nov 10, 2022
Results	May 15, 2023
Mar, 2024	May 15, 2023
	Oct 26, 2023
	Feb 9, 2024
Results	May 14, 2024
Mar, 2025	May 14, 2024	570,000	30,000	30,300	19,000	90	J-GAAP
	Nov 8, 2024	560,000	28,500	28,200	18,000	90	J-GAAP

Fiscal Year	Revenue	YoY	Operating Profit	YoY	Ordinary Profit	YoY	Adj. EPS	YoY
Mar, 2000	513,559	+0.8	Available in future release
Mar, 2001	535,856	+4.3
Mar, 2002	527,856	-1.5
Mar, 2003	558,302	+5.8
Mar, 2004	565,543	+1.3
Mar, 2005	564,666	-0.2
Mar, 2006	552,171	-2.2
Mar, 2007	578,257	+4.7
Mar, 2008	586,848	+1.5
Mar, 2009	583,910	-0.5
Mar, 2010	585,116	+0.2
Mar, 2011	583,019	-0.4
Mar, 2012	578,299	-0.8
Mar, 2013	591,197	+2.2
Mar, 2014	599,273	+1.4
Mar, 2015	594,834	-0.7
Mar, 2016	601,499	+1.1
Mar, 2017	592,617	-1.5
Mar, 2018	592,087	-0.1
Mar, 2019	583,582	-1.4
Mar, 2020	590,892	+1.3
Mar, 2021	583,550	-1.2
Mar, 2022	503,354	-13.7
Mar, 2023	525,603	+4.4
Mar, 2024	547,059	+4.1
Mar, 2025 Guidance	560,000	+2.4	28,500	+2.4	28,200	+0.3	215.5	-69.1

Fiscal Year	Revenue	Operating Profit	Operating Profit Margin	ROE	ROA	Total Asset Turnover Ratio	Adj. EPS
Mar, 2023	525,603	23,939	4.55	7.87	3.57	1.11	186.6
Mar, 2024	547,059	27,839	5.09	24.52	11.64	1.04	696.9
Mar, 2025 Guidance	560,000	28,500	5.09	6.40	3.31	1.03	215.5

All-Time High

	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS
Record	601,499	29,792	31,127	61,307	696.9
Fiscal Year	Mar, 2016	Mar, 2022	Mar, 2022	Mar, 2024	Mar, 2024

Second Half

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2021	242,008	9,062	9,656	16,540	168.3	40	May 13, 2022	J-GAAP
Oct - Mar, 2022	255,641	9,319	9,495	8,397	92.8	45	May 15, 2023	J-GAAP
Oct - Mar, 2023	260,469	7,014	6,328	2,186	24.9	60	May 14, 2024	J-GAAP
Oct - Mar, 2024 Guidance	269,401	11,001	10,953	8,291	99.3	45	Nov 8, 2024	J-GAAP
YoY	+3.4%	+56.8%	+73.1%	+279.3%	+299.5%

Cash Flow

Annual

Fiscal Year	Operating Profit	Fee Cash Flow	Operating Cash Flow	Investing Cash Flow	Financial Cash Flow	Cash & Equivalents	Cash Ratio	Accounting Standards
Mar, 2022	29,792	48,639	40,268	8,371	-44,522	23,486	5.12	J-GAAP
Mar, 2023	23,939	-6,081	19,382	-25,463	2,925	20,976	4.30	J-GAAP
Mar, 2024	27,839	81,806	56,583	25,223	-38,624	64,528	11.40	J-GAAP

Actual Performance and Financial Trends

Accumulated Results 2nd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Apr - Sep, 2022	269,962	14,620	15,723	8,478	93.8	62.3	Nov 10, 2022	J-GAAP
Apr - Sep, 2023	286,590	20,825	21,776	59,121	663.2	77.5	Nov 9, 2023	J-GAAP
Apr - Sep, 2024	290,599	17,499	17,247	9,709	113.6	61.2	Nov 8, 2024	J-GAAP
YoY	+1.4%	-16.0%	-20.8%	-83.6%	-82.9%

Quarterly Results

Result

Growth Rate

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2022	135,262	5,840	5,806	3,650	40.4	4.3	Feb 10, 2023	J-GAAP
Jan - Mar, 2023	120,379	3,479	3,689	4,747	52.5	2.9	May 15, 2023	J-GAAP
Apr - Jun, 2023	139,741	9,592	10,434	52,916	588.1	6.9	Aug 9, 2023	J-GAAP
Jul - Sep, 2023	146,849	11,233	11,342	6,205	69.6	7.6	Nov 9, 2023	J-GAAP
Oct - Dec, 2023	136,651	7,190	6,796	3,677	41.6	5.3	Feb 9, 2024	J-GAAP
Jan - Mar, 2024	123,818	-176	-468	-1,491	-17.0	-0.1	May 14, 2024	J-GAAP
Apr - Jun, 2024	140,637	8,472	9,554	5,313	61.5	6.0	Aug 8, 2024	J-GAAP
Jul - Sep, 2024	149,962	9,027	7,693	4,396	51.4	6.0	Nov 8, 2024	J-GAAP
YoY	+2.1%	-19.6%	-32.2%	-29.2%	-26.1%

Fiscal Year	Revenue	YoY	Operating Profit	YoY	Ordinary Profit	YoY	Adj. EPS	YoY
Oct - Dec, 2019	146,816	+1.1	Available in future release
Jan - Mar, 2020	131,278	+3.4
Apr - Jun, 2020	148,877	-2.5
Jul - Sep, 2020	156,439	-2.3
Oct - Dec, 2020	148,283	+1.0
Jan - Mar, 2021	129,951	-1.0
Apr - Jun, 2021	128,195	-13.9
Jul - Sep, 2021	133,151	-14.9
Oct - Dec, 2021	127,072	-14.3
Jan - Mar, 2022	114,936	-11.6
Apr - Jun, 2022	130,300	+1.6
Jul - Sep, 2022	139,662	+4.9
Oct - Dec, 2022	135,262	+6.4
Jan - Mar, 2023	120,379	+4.7
Apr - Jun, 2023	139,741	+7.2
Jul - Sep, 2023	146,849	+5.1
Oct - Dec, 2023	136,651	+1.0
Jan - Mar, 2024	123,818	+2.9
Apr - Jun, 2024	140,637	+0.6
Jul - Sep, 2024	149,962	+2.1	9,027	-19.6	7,693	-32.2	51.4	-26.1

All-Time High Quarterly Results

	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS
Record	167,127	11,233	11,342	52,916	588.1
Fiscal Year	Sep, 2013	Sep, 2023	Sep, 2023	Jun, 2023	Jun, 2023

Key Balance Sheet Figures

Fiscal Year	BPS	Equity Ratio	Total Asset	Equity	Retained Earnings	Interest-Bearing Debt Ratio	Announce	Accounting Standards
Mar, 2022	4,554.84	44.9	458,788	205,896	183,884	0.43	May 13, 2022	J-GAAP
Mar, 2023	4,927.30	45.7	487,441	222,902	186,518	0.45	May 15, 2023	J-GAAP
Mar, 2024	3,192.33	49.0	565,998	277,067	233,741	0.29	May 14, 2024	J-GAAP
Apr - Sep, 2024	ー	51.7	543,233	281,099	238,234	0.35	Nov 8, 2024	J-GAAP

MORINAGA MILK INDUSTRY CO.,LTD(2264) Financial Results