Morinaga Milk Industry Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Yohichi Ohnuki

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	2.9yrs
CEO ownership	n/a
Management average tenure	3.6yrs
Board average tenure	2.9yrs

Recent management updates

Recent updates

CEO

Yohichi Ohnuki (64 yo)

2.9yrs

Tenure

Mr. Yohichi Ohnuki is President & Representative Director of Morinaga Milk Industry Co., Ltd. from June 2021.

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Yohichi Ohnuki	President & Representative Director	2.9yrs	no data	no data
Taku Yamada	General Manager of Investor & Public Relations Department - Sustainability Division	no data	no data	no data
Hitoshi Hyodo	Executive Managing Officer	3.9yrs	no data	0.0088% ¥ 141.7k
Teiichiro Okawa	Executive VP & Representative Director	11.9yrs	no data	0.040% ¥ 641.0k
Tsuyoshi Minato	Executive Managing Officer & Director	no data	no data	0.029% ¥ 477.1k
Akihiro Nozaki	Executive Managing Officer	3.3yrs	no data	0.0067% ¥ 108.0k
Hiroko Kuno	Executive Managing Officer & GM of Sustainability Division	no data	no data	no data
Yasuhiko Yanagida	Executive Managing Officer	2.9yrs	no data	0.015% ¥ 234.8k
Kiyoshi Nomura	Executive Managing Officer & GM of Overseas Business	no data	no data	no data
Hidekazu Takano	Executive Managing Officer & GM of Corporate Division	no data	no data	no data
Takahiro Yanagida	Executive Managing Officer & GM of International Division & Director	4.3yrs	no data	0.0016% ¥ 26.0k
Toshihisa Tomizawa	General Manager of IR&PR Department	no data	no data	no data

3.6yrs

Average Tenure

62yo

Average Age

Experienced Management: MO8's management team is considered experienced (3.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Yohichi Ohnuki	President & Representative Director	2.9yrs	no data	no data
Hitoshi Hyodo	Executive Managing Officer	2.9yrs	no data	0.0088% ¥ 141.7k
Teiichiro Okawa	Executive VP & Representative Director	no data	no data	0.040% ¥ 641.0k
Tsuyoshi Minato	Executive Managing Officer & Director	8.9yrs	no data	0.029% ¥ 477.1k
Akihiro Nozaki	Executive Managing Officer	1.9yrs	no data	0.0067% ¥ 108.0k
Yasuhiko Yanagida	Executive Managing Officer	2.9yrs	no data	0.015% ¥ 234.8k
Takahiro Yanagida	Executive Managing Officer & GM of International Division & Director	less than a year	no data	0.0016% ¥ 26.0k
Yasuyuki Yoshinaga	Independent External Director	less than a year	no data	no data
Hiroshi Nakamura	Independent External Director	1.9yrs	no data	no data
Michio Miyahara	Chairman	16.9yrs	no data	0.069% ¥ 1.1m
Takayuki Ikeda	Independent External Director	1.9yrs	no data	no data
Yukari Tominaga	Independent External Director	3.9yrs	no data	0.0014% ¥ 22.3k

2.9yrs

Average Tenure

64.5yo

Average Age

Experienced Board: MO8's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.

Morinaga Milk Industry Management

Management criteria checks 1/4

Key information

Recent management updates

Morinaga Milk Industry Co., Ltd., Annual General Meeting, Jun 29, 2023

Less than half of directors are independent

Morinaga Milk Industry Co., Ltd., Annual General Meeting, Jun 29, 2022

Less than half of directors are independent

Recent updates

Upcoming dividend of JP¥60.00 per share

Morinaga Milk Industry Co., Ltd. to Report Fiscal Year 2024 Results on May 14, 2024

Third quarter 2024 earnings released: EPS: JP¥41.76 (vs JP¥40.34 in 3Q 2023)

Morinaga Milk Industry Co., Ltd. Provides Earnings Guidance for the Fiscal Year Ending March 31, 2024

Morinaga Milk Industry Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024

Morinaga Milk Industry Co., Ltd.'s Probiotic Bifidobacterium B-3 Receives Approval of Individual Recognized Registration in South Korea

Second quarter 2024 earnings released: EPS: JP¥141 (vs JP¥122 in 2Q 2023)

Morinaga Milk Industry Co., Ltd. Revises Earnings Guidance for the First Six Months Ended September 30, 2023 and for the Fiscal Year Ending March 31, 2024

Morinaga Milk Industry Co., Ltd.'s Probiotic Bifidobacterium Longum BB536 Receives ANVISA Approval with Gut Health Functional Claim in Brazil

Morinaga Milk Industry Co., Ltd. to Report Q2, 2024 Results on Nov 09, 2023

New minor risk - Earnings quality

First quarter 2024 earnings released: EPS: JP¥1,177 (vs JP¥65.08 in 1Q 2023)

Morinaga Milk Industry Co., Ltd. to Report Q1, 2024 Results on Aug 09, 2023

Morinaga Milk Industry Co., Ltd. Announces Year-End Dividend for the Fiscal Year Ended March 31, 2023, Payable on June 30, 2023

Full year 2023 earnings released: EPS: JP¥373 (vs JP¥687 in FY 2022)

Morinaga Milk Industry Co., Ltd., Annual General Meeting, Jun 29, 2023

Upcoming dividend of JP¥90.00 per share at 1.9% yield

Third quarter 2023 earnings released: EPS: JP¥80.68 (vs JP¥82.76 in 3Q 2022)

Morinaga Milk Industry Co., Ltd. (TSE:2264) entered into an agreement to acquire 20% stake in Morinaga Le May Vietnam Joint Stock Company from Le Van May and Do Thanh Tuan for VND 98 billion.

Morinaga Milk Industry Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023

Morinaga Milk Industry Co., Ltd. (TSE:2264) completed the acquisition of additional 33.27% stake in Nutrico Morinaga (Private) Limited from ICI Pakistan Limited (KASE:ICI) and 11 minority shareholders.

Morinaga Milk Industry Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: JP¥122 (vs JP¥161 in 2Q 2022)

Morinaga Milk Industry Co., Ltd. Revises Earnings Guidance for the Fiscal Year Ending March 31, 2023

Mitsui & Co., Ltd. (TSE:8031) acquired Tokyo Dairy Co., Ltd. from Morinaga Milk Industry Co., Ltd. (TSE:2264).

Morinaga Milk Industry Co., Ltd. to Report Q2, 2023 Results on Nov 10, 2022

First quarter 2023 earnings released: EPS: JP¥65.08 (vs JP¥187 in 1Q 2022)

Morinaga Milk Industry Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months of Fiscal Year Ending March 31, 2023 and Full Fiscal Year Ending March 31, 2023

Morinaga Milk Industry Co., Ltd. to Report Q1, 2023 Results on Aug 09, 2022

Morinaga Milk Industry Co., Ltd. Obtains the Registration of New Food Ingredient in China for Use of Probiotic Bifidobacterium Longum BB536 in Infant and Toddler Foods

Full year 2022 earnings released: EPS: JP¥687 (vs JP¥379 in FY 2021)

Morinaga Milk Industry Co., Ltd., Annual General Meeting, Jun 29, 2022

Less than half of directors are independent

Morinaga Milk Industry Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022

Upcoming dividend of JP¥80.00 per share

Morinaga Milk Industry Co., Ltd. (TSE:2264) announces an Equity Buyback for 4,400,000 shares, representing 8.89% for ¥26,400 million.

Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Morinaga Milk Industry Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022

Second quarter 2022 earnings released: EPS JP¥161 (vs JP¥139 in 2Q 2021)

Morinaga Milk Industry Co., Ltd. Announces Dividend for the Fiscal Year Ended March 31, 2021, Payable on June 30, 2021

Full year 2021 earnings released: EPS JP¥379 (vs JP¥377 in FY 2020)

Upcoming dividend of JP¥60.00 per share

Morinaga Milk Industry Co., Ltd. to Report Fiscal Year 2021 Results on May 13, 2021

New 90-day low: €37.20

Third quarter 2021 earnings released: EPS JP¥104 (vs JP¥96.48 in 3Q 2020)

Revenue beats expectations

New 90-day low: €37.60

New 90-day low: €38.00

Second quarter 2021 earnings released: EPS JP¥139

Morinaga Milk’s Probiotic Bifidobacterium Breve A1 Improves Memory of Older Adults with Cognitive Dysfunction

New 90-day high: €41.60

Morinaga Milk Industry Co., Ltd. to Report Q2, 2021 Results on Nov 11, 2020

New 90-day high - €40.00

First quarter earnings released

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age