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>Cumulative Q3 FY03/25 sales were JPY430.7bn (+1.8% YoY), with operating profit at JPY2.5bn (-8.9% YoY).</li><li>Net income fell by 76.5% YoY due to reduced operating and recurring profits and absence of prior extraordinary gains.</li><li>Sales increased across all business segments, but operating profits declined due to rising costs and promotional expenses.</li></ul>

Cumulative Q3 FY03/25 sales were JPY430.7bn (+1.8% YoY), with operating profit at JPY2.5bn (-8.9% YoY).Net income fell by 76.5% YoY due to reduced operating and recurring profits and absence of prior extraordinary gains.Sales increased across all business segments, but operating profits declined due to rising costs and promotional expenses.

Morinaga Milk Industry Co (2264 JP): Q3 FY03/25 flash update