Morinaga&Co.,Ltd. (2201) Stock Price

Morinaga & Company manufactures and sells a wide range of products and services, including food manufacturing, food wholesale, real estate, and services. In food manufacturing, the company operates confectionery products, frozen desserts, in-store products, and direct-to-consumer sales businesses. These operations are run by Morinaga & Company itself and consolidated subsidiaries including Takasaki Morinaga, Morinaga Angel Dessert, and Morinaga Dessert.

In food wholesale, Morinaga Shoji handles the distribution of food products for commercial use. In real estate and services, Morinaga & Company and Morinaga Takaki Country Club operate property leasing and golf course management. Additionally, Morinaga Bioscience Research Institute and Morinaga Business Partner engage in other business activities.

Morinaga & Company operates not only domestically but also internationally in the United States, China, and Taiwan. In the United States, Morinaga USA and Morinaga America Foods operate, while in China and Taiwan, Taiwan Morinaga, Shanghai Morinaga Foods, and Morinaga Foods (Zhejiang) conduct business. Through these operations, Morinaga & Company pursues global business expansion.

Morinaga & Company has established a new corporate philosophy aimed at sustainable growth, formulated in 2021. This philosophy is grounded in mission, vision, and values, expressed through the corporate message "Delicious, Fun, and Healthy." Based on this foundation, the company works to meet stakeholder and societal expectations, contribute to a sustainable society, and enhance corporate value.

The company is advancing its long-term management plan "2030 Management Plan" toward 2030. This plan aims to transform into a wellness company that provides health for the mind, body, and environment. Building on trust and technology cultivated over 120 years of history, the company seeks to support wellness lifestyles across all generations.

As a growth strategy, Morinaga & Company has designated the in-jelly business and other in-category products, frozen confectionery business, direct-to-consumer business, and U.S. business as priority areas, concentrating management resources on these segments. The confectionery food business serves as the foundation business, generating stable cash flow while nurturing new businesses to drive next-generation growth. This approach aims to improve profitability.

By 2030, the company targets net sales of 300 billion yen or more and an operating profit margin of 12% or higher. Additionally, the company aims for priority business segments to represent 60% or more of total sales and overseas sales to account for 25% or more of total sales. Through these targets, the company seeks to achieve sustainable growth and enhanced corporate value.

Morinaga & Company is advancing sustainable management and strengthening initiatives toward realizing a sustainable society, including the achievement of the SDGs. This approach aims to make the business more sustainable and pursue sustained growth and medium- to long-term enhancement of corporate value.