Morinaga Nyugyo KK

2264

Equity

ISIN JP3926800008 / Valor 762801

Tokyo Stock Exchange (2024-11-21)

JPY 2,961.50+0.77%

Morinaga Nyugyo KK
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Morinaga Nyugyo KK, established in 1917, is a Japanese company primarily engaged in the production and sale of dairy products. The company's product portfolio includes milk, yogurt, cheese, and other dairy-based beverages and foods. Over the years, Morinaga has expanded its offerings to include functional foods and infant formula, catering to a wide range of consumer needs. The company leverages advanced technology and stringent quality control measures to ensure the safety and nutritional value of its products. Morinaga Nyugyo KK operates both domestically and internationally, maintaining a strong presence in the global dairy market.

Summarized from source with an LLMView SourceSector: Consumer Non-Cyclicals

Revenue Growth

Morinaga Nyugyo KK reported a significant increase in revenue for the second quarter of 2023. The company's total revenue reached 175.3 billion yen, reflecting a robust growth trajectory driven by strong sales across its core dairy products.

Net Income

In the second quarter of 2023, Morinaga Nyugyo KK achieved a net income of 9.0 billion yen. This marks a substantial improvement compared to the same period last year, showcasing the company's effective cost management and operational efficiency.

Sales Performance

Morinaga Nyugyo KK's sales performance in the second quarter of 2023 was impressive, with total sales amounting to 127.3 billion yen. The growth was primarily fueled by increased demand for their yogurt and nutritional food products.

Operating Profit

For the second quarter of 2023, Morinaga Nyugyo KK reported an operating profit of 5.3 billion yen. This positive outcome underscores the company's successful strategies in optimizing its product mix and expanding its market reach.

Future Outlook

Looking ahead, Morinaga Nyugyo KK has a positive outlook for the remainder of the fiscal year 2023. The company plans to continue leveraging its strong brand presence and innovative product offerings to drive further growth and profitability.

Summarized from source with an LLMView Source

Key figures

9.75%1Y

-49.5%3Y

-35.6%5Y

Performance

27.7%1Y

48.3%3Y

41.3%5Y

Volatility