Morinaga MILK Industry REPORTS Q1 OPERATING PROFIT OF 8.47 BILLION, UP FROM YEAR AGO PERIOD

TOKYO, May 13 (Pulse News Wire) – Morinaga Milk Industry CO.,LTD. (2264.T) reported its first quarter operating profit reached ¥8.47 billion, up from ¥8.47 billion in the same period last year.

Revenue for the quarter was ¥140 million, compared to ¥140 million in the previous year. The company's net profit attributable to parent shareholders stood at ¥5.305 billion, marking a slight increase from ¥5.313 billion previously. For the fiscal year ending March 31, 2026, MORINAGA MILK projects revenue of ¥571.46 billion and net profit of ¥22.599 billion.

The company also noted a strong performance in sales and general administrative expenses, which decreased to ¥105.395 billion from ¥105.395 billion in the prior year. Additionally, research and development expenditures fell to ¥6.183 billion from ¥6.183 billion during the same period. In terms of capital structure, the equity ratio remained steady at 51.2%, while the debt-to-equity ratio (DER) decreased slightly to 0.37 times.

The dividend payout ratio for the quarter was set at 139.3%.