Morinaga&Co., Ltd. Provides Earnings Guidance for the Six Months Ending September 30, 2024 and Full Year Ending March 31, 2025
May 10, 2024 at 02:00 am EDT
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Morinaga&Co., Ltd. provided earnings guidance for the six months ending September 30, 2024 and full year ending March 31, 2025. For the six months ending September 30, 2024, the company expects net sales of ¥114,000 million, Operating income of ¥13,400 million, Profit attributable to owners of parent of ¥10,100 million or ¥112.61 per share.
For the year ending March 31, 2025, the company expects net sales of ¥222,000 million, Operating income of ¥20,500 million, Profit attributable to owners of parent of ¥15,800 million or ¥176.34 per share.
Morinaga & Co., Ltd. is a Japan-based company mainly engaged in food manufacturing, food wholesale, real estate and services etc. The Company operates in three segments. The Food Manufacturing segment is engaged in manufacturing of confectionaries, foods, frozen desserts, jelly drinks, etc. The Food Wholesale segment is engaged in wholesales of commercial food. The Real Estate and Services segment is engaged in real estate rental business and management of golf courses. Other business involves in the financial services and other activities.