Prices as of 2026/10/30 close
Company comparison · Diversified Food Makers

Megmilk Snow Brand (¥615.7B) and Morinaga Milk (¥571.5B) are about the same size by revenue.
Morinaga Milk earns more on each yen of sales, with an operating margin of 6.0% — 3.1 points above Megmilk Snow Brand (3.0%).
Revenue growth in the latest results: Morinaga Milk +1.8%, Megmilk Snow Brand +0.0%.
Morinaga Milk pays more on average — ¥7.92M against ¥7.73M at Megmilk Snow Brand.
Over the past year the shares moved Morinaga Milk +32.5%, Megmilk Snow Brand +26.9%.
Head-to-head wins13 metrics
One win per metric for the company with the best value. Metrics with no better or worse (P/E, average age, employees) are excluded.
ScaleInvestors
Megmilk Snow Brand aheadMegmilk Snow Brand 2 : Morinaga Milk 1
Revenue: Megmilk Snow Brand ¥615.7B / Morinaga Milk ¥571.5B
ProfitabilityInvestors
Megmilk Snow Brand aheadMegmilk Snow Brand 2 : Morinaga Milk 1
Operating margin: Megmilk Snow Brand 3.0% / Morinaga Milk 6.0%
GrowthInvestors
Morinaga Milk aheadMegmilk Snow Brand 0 : Morinaga Milk 2
Revenue growth (YoY): Megmilk Snow Brand +0.0% / Morinaga Milk +1.8%
Stock & balance sheetInvestors
EvenMegmilk Snow Brand 1 : Morinaga Milk 1
Share price, 1 year: Megmilk Snow Brand +26.9% / Morinaga Milk +32.5%
Pay & workforceJob seekers
Morinaga Milk aheadMegmilk Snow Brand 1 : Morinaga Milk 2
Average salary: Megmilk Snow Brand ¥7.73M / Morinaga Milk ¥7.92M
| Metric | Megmilk Snow Brand | Morinaga Milk | Gap |
|---|---|---|---|
| Revenue | ◎¥615.7B | ¥571.5B | 1.1x |
| Operating profit | ¥18.2B | ◎¥34.5B | 1.9x |
| Net income | ◎¥32.8B | ¥22.6B | 1.5x |
| Metric | Megmilk Snow Brand | Morinaga Milk | Gap |
|---|---|---|---|
| Operating margin | 3.0% | ◎6.0% | 3.1pt |
| Net margin | ◎5.3% | 4.0% | 1.4pt |
| ROE | 13.6% | — | |
| Revenue per employee | ◎¥194M | ¥173M | 1.1x |
| Metric | Megmilk Snow Brand | Morinaga Milk | Gap |
|---|---|---|---|
| Revenue growth (YoY) | +0.0% | ◎+1.8% | 1.8pt |
| Operating profit growth (YoY) | −4.5% | ◎+16.3% | 20.8pt |
| Revenue CAGR | — | −0.4% | |
| Guidance: revenue growthnext FY plan | — | +1.5% | |
| Guidance: op. profit growthnext FY plan | — | −7.2% |
| Metric | Megmilk Snow Brand | Morinaga Milk | Gap |
|---|---|---|---|
| Share price, 1 year | +26.9% | ◎+32.5% | 5.7pt |
| Share price, 3 months | ◎−9.4% | −13.4% | 4.0pt |
| Equity ratio | 56.4% | — | |
| Share price (close) | ¥3,565 | ¥1,092 |
◎ marks the best value for each metric. Revenue and profit are from the latest full-year earnings release; share prices are closing-price references; P/E = latest close ÷ trailing EPS. For banks and some other financials, revenue means ordinary income.
| Metric | Megmilk Snow Brand | Morinaga Milk | Gap |
|---|---|---|---|
| Average salary | ¥7.73M | ◎¥7.92M | ¥0.19M |
| Starting salary (monthly) | ◎¥260,000 | ¥248,000 | ¥12,000 |
| Average tenure | 16.0 yrs | ◎16.8 yrs | 0.8 |
| Average age | 41.6 | 40.2 | 1.4 |
| Employees | 3,172 | 3,310 | 1.0x |
Average salary is for the reporting (parent) company and is affected by average age and job mix. Holding companies with few employees are left out of the salary comparison.
Close (Oct 30, 2026)
¥3,565+26.9% (1Y)
Megmilk Snow Brand +26.9% over 1Y. Compared: Morinaga Milk +32.5%.
Reference chart of daily closing prices, not real-time quotes (split-adjusted; weekly closes before the last year). Each line shows the % change from the start of the period. Updated Oct 30, 2026.
Megmilk Snow Brand4 segments
Morinaga Milk2 segments
AAverage annual salary from the securities filings: Morinaga Milk ¥7.92M, Megmilk Snow Brand ¥7.73M. Morinaga Milk pays the most. Averages also depend on staff age and job mix, so check the average age too (Megmilk Snow Brand 41.6, Morinaga Milk 40.2).
ARevenue in the latest results: Megmilk Snow Brand ¥615.7B, Morinaga Milk ¥571.5B. Megmilk Snow Brand (¥615.7B) and Morinaga Milk (¥571.5B) are about the same size by revenue.
AOperating margins: Morinaga Milk 6.0%, Megmilk Snow Brand 3.0%. Morinaga Milk turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): Morinaga Milk +32.5%, Megmilk Snow Brand +26.9%. Morinaga Milk has risen the most.

Comparing 2 companies (up to 4)
Sources: earnings releases (kessan tanshin), annual securities reports and other public information. Share prices are closing-price references, not real-time. Our data may contain errors; investment decisions are your own responsibility.