Morinaga Milk Industry Co Ltd - Company Profile
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Morinaga Milk Industry Co Ltd (Morinaga Milk) produces, markets, and sells food products, dairy milk, and dairy products. Its product portfolio comprises of milk, dairy-based beverages, yogurt, chilled desserts, condensed milk, powdered milk, butter, cheese, and ice cream. It also produces non-dairy beverages such as juice, tea, coffee apart from clinical liquid diets. Morinaga Milk is involved in the manufacture and sales of animal feed and design and construction of plant equipment’s. The company markets its products under brands such as hagukumi, e-akachan, chil-mil, mt.rainier caffe latte, piknik, morinaga caldus milk, makiba no sora milk, pino, mow, parm, bifidus, kodomil, partheno, cz-hi, climeal, creap, silken tofu, lipton, sunkist, morinaga oishii gyunyu milk, premil and lactoferrin. It offers these products and services through its subsidiaries located in Europe, Asia, and North America regions. It also maintains brand license agreements with with Kraft, Lipton, and Sunkist for selling cheese, tea and fruit juices. Morinaga is headquartered in Minato-ku, Tokyo, Japan.
Headquarters
Japan
Address
33-1, Shiba 5-Chome, Minato-Ku, Tokyo, 108
Website
www.morinagamilk.co.jp
Telephone
81 3 37980126
No of Employees
7,040
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
2264 (TYO)
Revenue (2022)
$3.9B
4.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-50%
(2022 vs 2021)
Market Cap*
$1.9B
Net Profit Margin (2022)
XYZ
-52.2%
(2022 vs 2021)
* As of and is in US$
Morinaga Milk Industry Co Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Milk | Service : | Hagukumi |
| Yogurt | Design and Construction of Plant Equipment | E-Akachan |
| Beverages | Chil-mil | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Corporate Changes/Expansions | In January, the company relocated its head office to 5-2, Higashishinbashi 1-chome, Minato-ku, Tokyo, Japan. |
| 2023 | Contracts/Agreements | In February, the company entered into an agreement to acquire 20% stake in Morinaga Le May Vietnam Joint Stock Company from Le Van May and Do Thanh Tuan. |
| 2023 | Contracts/Agreements | In February, the company signed a comprehensive partnership agreement with MK Cheese Co., Ltd to promote health and revitalize the region through food. |
Competitor Comparison
| Key Parameters | Morinaga Milk Industry Co Ltd | Danone SA | Groupe Lactalis SA | Suntory Beverage & Food Ltd | Meiji Holdings Co Ltd |
|---|---|---|---|---|---|
| Headquarters | Japan | France | France | Japan | Japan |
| City | Minato-Ku | Paris | Laval | Minato-Ku | Chuo-Ku |
| State/Province | Tokyo | Ile-de-France | Pays-de-la-Loire | Tokyo | Tokyo |
| No. of Employees | 7,040 | 88,843 | 85,500 | 23,485 | 17,290 |
| Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Michio Miyahara | Chairman | Executive Board | 2021 | - |
| Yohichi Ohnuki | President; Director | Executive Board | 2021 | - |
| Teiichiro Okawa | Director; Executive Vice President | Executive Board | 2020 | - |
| Yasuhiko Yanagida | Director; Executive Managing Officer; General Manager - International Division | Executive Board | 2021 | - |
| Hitoshi Hyodo | Director; General Manager – Sales & Marketing Division; Executive Managing Officer | Executive Board | 2021 | 57 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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