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1 Comment
Morinaga Milk Industry Co., Ltd is currently in a long term uptrend where the price is trading 6.7% above its 200 day moving average.
From a valuation standpoint, the stock is 52.4% cheaper than other stocks from the Consumer Defensive sector with a price to sales ratio of 0.5.
Morinaga Milk Industry Co., Ltd's total revenue rose by 1.0% to $148B since the same quarter in the previous year.
Its net income has increased by 8.3% to $5B since the same quarter in the previous year.
Based on the above factors, Morinaga Milk Industry Co., Ltd gets an overall score of 4/5.
Exchange | TSE |
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CurrencyCode | JPY |
ISIN | JP3926800008 |
Sector | Consumer Defensive |
Industry | Packaged Foods |
Market Cap | 279B |
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PE Ratio | 20.93 |
Beta | 0.07 |
Target Price | 3335 |
Dividend Yield | 2.7% |
Morinaga Milk Industry Co., Ltd., together with its subsidiaries, engages in the production and sale of various dairy products in Japan and internationally. The company offers dairy products including raw, powdered, concentrated, and condensed milk products; and yogurt, cheese, decorating whipped cream, whey powder, and butter products, as well as chilled and handmade desserts and ice creams. It also provides infant formulas, peptides, probiotics, tea and coffee drinks, milk-based drinks, medical food supplements, lactulose syrups and powders, creaming powders, lactobacillus drinks, and liquid food and supplements, as well as tofu and other processed soybean products. In addition, the company offers infant and toddler milk ingredients, including whey protein concentrate and lactose, as well as bifidobacteria and lactoferrin. Further, it is involved in the sale of nutritional products, pharmaceuticals, and feeds; lease of real estate properties; manufacture and sale food-related machinery; provision of plant design and engineering services; and design and construction of plant equipment. The company was formerly known as Nippon Rennyu Co., Ltd. and changed its name to Morinaga Milk Industry Co., Ltd. in 1949. Morinaga Milk Industry Co., Ltd. was founded in 1917 and is headquartered in Tokyo, Japan.
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