About
About Morinaga Milk Industry Co., Ltd
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 milk products, including homogenized, sterilized whole, and enriched milk; beverages comprising milk-based, coffee, chilled tea, and various other beverages; Greek, fruit, and various other yogurt products; chilled desserts, such as baked, milk, and low carb pudding; and ice cream products. It also provides cheese and butter; infant formula and baby food products; milk powder, milk supplements, and bifidobacterium longum BB536 per capsule; liquid diet and nursing care food; and other products, including creaming powder, condensed milk, and tofu. 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 Minato, Japan.
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5 years, 5 months ago
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.