Morinaga & Co Ltd, MGAAF:PKL profile

Price (USD)31.02
Today's Change0.00 / 0.00%
Shares traded200.00
1 Year change--
Beta--

Data delayed at least 15 minutes, as of May 11 2023 14:00 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)222.61bn
Net income in JPY15.53bn
Incorporated1910
Employees3.09k

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 grew revenues 9.77% from 194.37bn to 213.37bn. In addition the company has reduced the cost of goods sold as a percent of sales, selling, general and administrative expenses as a percent of sales and interest paid as a percent of sales. These improvements contributed to 50.65% net income growth from 10.06bn to 15.16bn.

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