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The latest update is out from Morinaga Milk Industry Co., Ltd. ( (JP:2264) ).
Morinaga Milk Industry Co., Ltd. reported a slight increase in net sales and operating profit for the first half of the fiscal year ending March 2026, driven by strong performance in the global whey market. However, the domestic market faced challenges due to lower volumes and rising costs. The company revised its full-year operating profit forecast upward, despite a downward revision for the second half due to domestic sales trends and cost impacts. Morinaga is focusing on growth areas and improving efficiency, with plans to reorganize production structures and consolidate paper pack lines by 2029.
The most recent analyst rating on (JP:2264) stock is a Hold with a Yen3378.00 price target. To see the full list of analyst forecasts on Morinaga Milk Industry Co., Ltd. stock, see the JP:2264 Stock Forecast page.
More about Morinaga Milk Industry Co., Ltd.
Morinaga Milk Industry Co., Ltd. operates in the dairy industry, focusing on the production and distribution of milk and related products. The company is involved in both domestic and global markets, with a significant presence in the whey market through its MILEI brand.
Average Trading Volume: 305,966
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen302.9B
Find detailed analytics on 2264 stock on TipRanks’ Stock Analysis page.