Service is in preparation Official β release coming soon. Some features are still being adjusted.

Investical Earnings & investing calendar Earnings & investing calendar
/
2201TSE Prime

Morinaga & Co.,Ltd.

森永製菓 Yahoo Finance

Recent & upcoming events

Aug 6
Earnings 2:00
Q1 earnings announcement (scheduled)
Add to Google Calendar
Jun 25
Shareholder meeting Time TBD
Shareholders' meeting
Add to Google Calendar
May 11
Earnings 2:00
FY earnings announcement (scheduled)
Add to Google Calendar
Sep 27
Est.
Dividend Time TBD
Last day with rights (interim)
Add to Google Calendar
Sep 28
Est.
Ex-dividend Time TBD
Ex-rights date (interim)
Add to Google Calendar
Oct 29
Est.
Earnings 2:00 approx.
Q2 earnings
Add to Google Calendar
2027
Jan 28
Est.
Earnings 1:00 approx.
Q3 earnings
Add to Google Calendar
Mar 28
Est.
Dividend Time TBD
Last day with rights (year-end)
Add to Google Calendar
Mar 29
Est.
Ex-dividend Time TBD
Ex-rights date (year-end)
Add to Google Calendar
Apr 22
Est.
Earnings 2:00 approx.
Full-year earnings
Add to Google Calendar
Jul 22
Est.
Earnings 2:00 approx.
Q1 earnings
Add to Google Calendar

KPI highlights

FY26
Revenue ¥236.67B YoY +3.4%
Operating income ¥22.39B margin 9.5%
Net income ¥17.77B YoY +0.3%
EPS ¥211 YoY +5.1%
P/E —
ROE 13.0% Equity ratio 63% Typical equity ratios vary a lot by industry. Banks, brokerages, and other financial companies tend to run lower ratios because leverage (using other people's capital) is core to their business model — a low ratio there isn't a sign of financial weakness.

Company guidance

FY2027/03 Company-issued full-year guidance (from earnings report) / %=vs prior FY
Revenue ¥257.00B +8.6%
Operating income ¥22.80B +1.8%
Net income ¥16.50B -7.1%
EPS ¥196 -7.1%

Quarterly fundamentals

Income & cash flow
Quarter FY23 Q2FY23 Q3FY23 Q4FY24 Q1FY24 Q2FY25 Q2
Revenue ¥51.09B¥58.52B¥54.19B¥49.57B——
Operating income ¥5.80B¥8.36B¥5.52B¥581M——
Net income ¥4.37B¥6.01B¥3.79B¥1.20B——
Operating CF ——————

Ownership over time

Share of total shares outstanding (disclosed major holdings + undisclosed)（2021–2026）

国内機関 25.1%海外機関 5.4%個人 9.2%未開示 58.7%202120222023202420252026
事業法人国内機関海外機関アクティビスト個人未開示・浮動株

「国内機関」は信託銀行の名義口座（年金・パッシブ・一部海外資本を含む）を集計し、実質保有者へは分解していません。分類は開示名称からの推定です。

Top shareholders — rank & share

日本マスタートラスト信託銀行株式会社 12.8%日本マスタートラスト信託銀行株式会社（信託口）株式会社日本カストディ銀行（信託口） 8.5%株式会社日本カストディ銀行（信託口）森永製菓取引先持株会 7.7%森永製菓取引先持株会明治安田生命保険相互会社（常任代理人 2.7%明治安田生命保険相互会社（常任代理人　株式会社日本カストディ銀行）STATE STREET BANK 2.6%STATE STREET BANK AND TRUST COMPANY 505001（常任代理人　株式会社みずほ銀行決済営業部）森永乳業株式会社 1.6%森永乳業株式会社森永製菓グループ従業員持株会 1.5%森永製菓グループ従業員持株会JP MORGAN CHASE BA 1.3%JP MORGAN CHASE BANK 385781（常任代理人　株式会社みずほ銀行決済営業部）日本生命保険相互会社（常任代理人　日 1.1%日本生命保険相互会社（常任代理人　日本マスタートラスト信託銀行株式会社）202120222023202420252026

Top shareholders — actual figures (as of 2026)

Holder Shares held Ratio Source
日本マスタートラスト信託銀行株式会社（信託口） 10,743,000 12.8% Yuho (EDINET)
株式会社日本カストディ銀行（信託口） 7,138,000 8.5% Yuho (EDINET)
森永製菓取引先持株会 6,451,000 7.7% Yuho (EDINET)
明治安田生命保険相互会社 2,242,000 2.7% Yuho (EDINET)
STATE STREET BANK AND TRUST COMPANY 505001 2,149,000 2.6% Yuho (EDINET)
THE CHASE MANHATTAN BANK,N.A. LONDONSECS LENDING OMNIBUS ACCOUNT 1,383,000 1.6% Yuho (EDINET)
森永乳業株式会社 1,372,000 1.6% Yuho (EDINET)
森永製菓グループ従業員持株会 1,288,000 1.5% Yuho (EDINET)
JP MORGAN CHASE BANK 385781 1,066,000 1.3% Yuho (EDINET)
日本生命保険相互会社 961,000 1.1% Yuho (EDINET)

Source：EDINET（大株主の状況）　Classification inferred from disclosed names

F-Score (Piotroski)

6/9

Checks financial health against 9 criteria and shows how many are met as a fraction (more ✓ marks is healthier). Items with no data are shown as “—” — they're simply excluded from judgment, not counted against the score.

✓ Positive ROA ROA 7.9%
✓ Positive operating cash flow ¥23.64B
✗ ROA improved YoY 8.4% → 7.9%
✓ Operating CF exceeds net income (accrual quality) OCF ¥23.64B / net income ¥17.77B
✓ Equity ratio improved* Substitute for the original “decrease in long-term debt” 62.3% → 62.8%
✗ Current ratio improved 2.02× → 1.84×
✓ No dilution (shares outstanding did not increase) 88,011,638 → 86,111,638
✓ Gross margin improved 39.3% → 40.1%
✗ Asset turnover improved 1.09× → 1.05×

This score is reference information based on our own financial metrics. It is NOT a credit rating issued by a credit rating agency under Article 66-27 of the Financial Instruments and Exchange Act, and is NOT investment advice or a recommendation. Make investment decisions at your own responsibility.

Fact checklist

FY26
Equity ratio 62.8%
Current ratio 1.8×
Years of positive operating CF 9 of last 10 yrs
Payout ratio 36%
Latest fiscal year result Profit (net income ¥17.77B)

Performance history

Last 10 years
0億円592億円1,183億円1,775億円2,367億円 FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Income & assets

Unit: ¥100M
Item FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26
Revenue 1,9952,0502,0542,0892,0001,8131,9442,1342,2902,367
Operating income 176198202212192177152203213224
Ordinary income 183204208220198182158210223227
Net income 111103128108134278101152177178
Total assets 1,8501,7981,7581,8812,0192,1432,0522,2362,1002,259
Equity 9181,0039721,0551,2391,3121,2591,3271,3241,437

Indicators & cash flow

*Split-adjustedUnit: ¥100M
Item FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26
EPS ¥107¥99¥124¥108¥133¥276¥104¥166¥201¥211
ROE 13.6%11.0%13.2%10.8%11.8%22.0%7.9%11.8%13.5%13.0%
Operating CF 184178209210121248-29.7302108236
Investing CF -29781.5-200170-19993.1-142-53.5-98.4-143
Financing CF -24.0-179-119-43.8-40.8-59.4-73.5-141-180-132
FCF -1132598.72380-77.4341-1722489.2693.5

Source: EDINET (Annual Securities Report) (fetched 2026-08-29) *Some metrics supplemented from additional sources

Key financial metrics

3-year revenue growth ✓ Dividend grower ✓

Sector positioning

Relative standing within the sector
Is this information incorrect?

Data provided by Twelve Data