Prices as of 2026/10/30 close
Company comparison · Diversified Food Makers
Meiji is the bigger company, with revenue of ¥1.2T — 2.1x Morinaga Milk's ¥571.5B.
Meiji earns more on each yen of sales, with an operating margin of 7.9% — 1.9 points above Morinaga Milk (6.0%).
Revenue growth in the latest results: Morinaga Milk +1.8%, Meiji +1.7%. For next year, Meiji guides for the fastest operating profit growth (+7.2%).
Meiji pays more on average — ¥9.10M against ¥7.92M at Morinaga Milk.
Over the past year the shares moved Meiji +45.2%, Morinaga Milk +32.5%.
Head-to-head wins15 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
Meiji aheadMeiji 3 : Morinaga Milk 0
Revenue: Meiji ¥1.2T / Morinaga Milk ¥571.5B
ProfitabilityInvestors
Meiji aheadMeiji 2 : Morinaga Milk 1
Operating margin: Meiji 7.9% / Morinaga Milk 6.0%
GrowthInvestors
Meiji aheadMeiji 3 : Morinaga Milk 2
Revenue growth (YoY): Meiji +1.7% / Morinaga Milk +1.8%
Stock & balance sheetInvestors
Meiji aheadMeiji 2 : Morinaga Milk 0
Share price, 1 year: Meiji +45.2% / Morinaga Milk +32.5%
Pay & workforceJob seekers
Meiji aheadMeiji 2 : Morinaga Milk 0
Average salary: Meiji ¥9.10M / Morinaga Milk ¥7.92M
| Metric | Meiji | Morinaga Milk | Gap |
|---|---|---|---|
| Revenue | ◎¥1.2T | ¥571.5B | 2.1x |
| Operating profit | ◎¥93.3B | ¥34.5B | 2.7x |
| Net income | ◎¥35.1B | ¥22.6B | 1.6x |
| Metric | Meiji | Morinaga Milk | Gap |
|---|---|---|---|
| Operating margin | ◎7.9% | 6.0% | 1.9pt |
| Net margin | 3.0% | ◎4.0% | 1.0pt |
| Revenue per employee | ◎¥4.0B | ¥173M | 23.0x |
| Metric | Meiji | Morinaga Milk | Gap |
|---|---|---|---|
| Revenue growth (YoY) | +1.7% | ◎+1.8% | 0.1pt |
| Operating profit growth (YoY) | +10.2% | ◎+16.3% | 6.1pt |
| Revenue CAGRlast 5 years | ◎−0.3% | −0.4% | 0.1pt |
| Guidance: revenue growthnext FY plan | ◎+3.3% | +1.5% | 1.8pt |
| Guidance: op. profit growthnext FY plan | ◎+7.2% | −7.2% | 14.4pt |
| Metric | Meiji | Morinaga Milk | Gap |
|---|---|---|---|
| Share price, 1 year | ◎+45.2% | +32.5% | 12.7pt |
| Share price, 3 months | ◎+9.1% | −13.4% | 22.5pt |
| Share price (close) | ¥4,308 | ¥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 | Meiji | Morinaga Milk | Gap |
|---|---|---|---|
| Average salary | ◎¥9.10M | ¥7.92M | ¥1.17M |
| Starting salary (monthly) | — | ¥248,000 | |
| Average tenure | ◎18.5 yrs | 16.8 yrs | 1.7 |
| Average age | 42.7 | 40.2 | 2.5 |
| Employees | 295 | 3,310 | 11.2x |
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)
¥4,308+45.2% (1Y)
Meiji +45.2% 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.
Meiji2 segments
Morinaga Milk2 segments
AAverage annual salary from the securities filings: Meiji ¥9.10M, Morinaga Milk ¥7.92M. Meiji pays the most. Averages also depend on staff age and job mix, so check the average age too (Meiji 42.7, Morinaga Milk 40.2).
ARevenue in the latest results: Meiji ¥1.2T, Morinaga Milk ¥571.5B. Meiji is the bigger company, with revenue of ¥1.2T — 2.1x Morinaga Milk's ¥571.5B.
AOperating margins: Meiji 7.9%, Morinaga Milk 6.0%. Meiji turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): Meiji +45.2%, Morinaga Milk +32.5%. Meiji 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.