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>FY03/26 saw a 1.8% YoY sales increase to JPY571.5bn, with operating profit rising 16.3% YoY to JPY34.5bn.</li><li>MILEI's strong performance contributed to overseas sales growth, while domestic profit declined due to rising costs.</li><li>FY03/27 forecasts a 1.5% YoY sales increase to JPY580.0bn, with a 7.2% decline in operating profit to JPY32.0bn.</li></ul>

FY03/26 saw a 1.8% YoY sales increase to JPY571.5bn, with operating profit rising 16.3% YoY to JPY34.5bn.MILEI's strong performance contributed to overseas sales growth, while domestic profit declined due to rising costs.FY03/27 forecasts a 1.5% YoY sales increase to JPY580.0bn, with a 7.2% decline in operating profit to JPY32.0bn.

Morinaga Milk Industry Co (2264 JP): Full-year FY03/26 flash update