Latest results FY2026 · Prices updated Oct 30, 2026
HQ: Minato, TokyoFounded 19173,310 employeesWebsite
A leading Japanese dairy company with strong market shares in chilled coffee and yogurt. It specializes in R&D of functional foods using proprietary probiotics and lactoferrin.
Business segments (share of revenue)
Latest results
FY2026
vs. same period a year earlier
Company forecastFY2027
| Segment | Share | Revenue | Operating profit | Margin |
|---|---|---|---|---|
| Food Products Business | 94% | ¥547.7B | ¥45.8B | 8.4% |
| Other Business Operations | 6% | ¥34.0B | ¥3.6B | 10.5% |



Close (Oct 30, 2026)
¥1,092+32.5% (1Y)
Morinaga Milk +32.5% over 1Y, 15.9pt above the industry average (38 companies, +16.6%).
Reference chart of daily closing prices, not real-time quotes (split-adjusted; weekly closes before the last year). Updated Oct 30, 2026.
| Period | Revenue | Op. profit | Net income | Total assets | Revenue YoY |
|---|---|---|---|---|---|
| 2026FY | ¥571.5B | ¥34.5B | ¥22.6B | ¥547.1B | +1.8% |
| 2025FY | ¥561.2B | ¥29.7B | ¥5.5B | ¥520.4B | +2.6% |
| 2024FY | ¥547.1B | ¥27.8B | ¥61.3B | ¥566.0B | +4.1% |
| 2023FY | ¥525.6B | ¥23.9B | ¥16.9B | ¥487.4B | +4.4% |
| 2022FY | ¥503.4B | ¥29.8B | ¥33.8B | ¥458.8B | -13.7% |
| 2021FY | ¥583.5B | ¥28.9B | ¥18.7B | ¥453.6B | — |
Sources: annual securities reports, earnings releases and other public disclosures (Mar 2025)
Data may contain input errors. For reference only; we accept no responsibility for its accuracy.