Morinaga & Co Ltd, MGAAF:PKL profile

Price (USD)31.02
Today's Change0.00 / 0.00%
Shares traded6.00
1 Year change+113.42%
Beta--

Data delayed at least 15 minutes, as of Apr 25 2023 18:33 BST.

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About the company

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.

Revenue in JPY (TTM)210.30bn
Net income in JPY15.19bn
Incorporated1910
Employees3.08k

Location
Morinaga & Co Ltd2F, Morinaga Plaza Bldg., 5-33-1, ShibaMINATO-KU 108-8403JapanJPN
Phone+81 334560115
Websitehttps://www.morinaga.co.jp/

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Income statement (JPY)

Year on year Morinaga & Co Ltd had net income fall -63.78% from 27.77bn to 10.06bn despite a 7.24% increase in revenues from 181.25bn to 194.37bn. An increase in the cost of goods sold as a percentage of sales from 58.17% to 60.56% was a component in the falling net income despite rising revenues.

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