Morinaga Milk Industry Co., Ltd.

TSE:2264 Stock Report

Market Cap: JP¥242.5b

Morinaga Milk Industry Future Growth

Future criteria checks 2/6

Morinaga Milk Industry is forecast to grow earnings and revenue by 11.1% and 2.2% per annum respectively. EPS is expected to grow by 12.2% per annum. Return on equity is forecast to be 7.1% in 3 years.

Key information

11.1%

Earnings growth rate

12.2%

EPS growth rate

Food earnings growth7.5%
Revenue growth rate2.2%
Future return on equity7.1%
Analyst coverage

Low

Last updated27 Jan 2025

Recent future growth updates

Recent updates

There May Be Some Bright Spots In Morinaga Milk Industry's (TSE:2264) Earnings

Nov 21
There May Be Some Bright Spots In Morinaga Milk Industry's (TSE:2264) Earnings

An Intrinsic Calculation For Morinaga Milk Industry Co., Ltd. (TSE:2264) Suggests It's 28% Undervalued

Oct 30
An Intrinsic Calculation For Morinaga Milk Industry Co., Ltd. (TSE:2264) Suggests It's 28% Undervalued

Does Morinaga Milk Industry (TSE:2264) Have A Healthy Balance Sheet?

Oct 11
Does Morinaga Milk Industry (TSE:2264) Have A Healthy Balance Sheet?

Return Trends At Morinaga Milk Industry (TSE:2264) Aren't Appealing

Sep 11
Return Trends At Morinaga Milk Industry (TSE:2264) Aren't Appealing

An Intrinsic Calculation For Morinaga Milk Industry Co., Ltd. (TSE:2264) Suggests It's 41% Undervalued

Jul 27
An Intrinsic Calculation For Morinaga Milk Industry Co., Ltd. (TSE:2264) Suggests It's 41% Undervalued

Morinaga Milk Industry Co., Ltd.'s (TSE:2264) Price Is Right But Growth Is Lacking

Jul 12
Morinaga Milk Industry Co., Ltd.'s (TSE:2264) Price Is Right But Growth Is Lacking

Additional Considerations Required While Assessing Morinaga Milk Industry's (TSE:2264) Strong Earnings

May 22
Additional Considerations Required While Assessing Morinaga Milk Industry's (TSE:2264) Strong Earnings

Returns On Capital At Morinaga Milk Industry (TSE:2264) Have Stalled

Apr 15
Returns On Capital At Morinaga Milk Industry (TSE:2264) Have Stalled

Improved Earnings Required Before Morinaga Milk Industry Co., Ltd. (TSE:2264) Shares Find Their Feet

Feb 28
Improved Earnings Required Before Morinaga Milk Industry Co., Ltd. (TSE:2264) Shares Find Their Feet

Earnings and Revenue Growth Forecasts

TSE:2264 - Analysts future estimates and past financials data (JPY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2027582,52120,41614,72942,6464
3/31/2026572,12119,27514,04240,9594
3/31/2025561,73318,167-12,19618,1003
9/30/2024551,07811,842-33,8836,649N/A
6/30/2024547,95513,704N/AN/AN/A
3/31/2024547,05961,30723,43756,583N/A
12/31/2023543,62067,545N/AN/AN/A
9/30/2023542,22167,57119,56239,018N/A
6/30/2023535,04166,875N/AN/AN/A
3/31/2023525,60316,875-20519,382N/A
12/31/2022520,16024,571N/AN/AN/A
9/30/2022511,97025,0184,53123,836N/A
6/30/2022505,45927,460N/AN/AN/A
3/31/2022503,35433,78221,39040,268N/A
12/31/2021518,36923,254N/AN/AN/A
9/30/2021539,58024,32723,95246,631N/A
6/30/2021562,86823,211N/AN/AN/A
3/31/2021583,55018,74110,36338,544N/A
12/31/2020584,87720,645N/AN/AN/A
9/30/2020583,41020,249-86230,765N/A
6/30/2020587,01219,146N/AN/AN/A
3/31/2020590,89218,656-3,57229,209N/A
12/31/2019586,62515,230N/AN/AN/A
9/30/2019584,96914,473-18,86922,756N/A
6/30/2019585,86014,342N/AN/AN/A
3/31/2019583,58214,017-20,74118,506N/A
12/31/2018586,50312,449N/AN/AN/A
9/30/2018586,73711,600-11,05014,713N/A
6/30/2018588,68612,141N/AN/AN/A
3/31/2018592,08715,781N/A25,110N/A
12/31/2017593,38915,384N/AN/AN/A
9/30/2017593,69716,932N/A35,051N/A
6/30/2017593,00616,399N/AN/AN/A
3/31/2017592,61713,202N/A37,350N/A
12/31/2016592,42713,660N/AN/AN/A
9/30/2016593,89214,892N/A30,432N/A
6/30/2016598,18612,013N/AN/AN/A
3/31/2016601,49910,576N/A28,223N/A
12/31/2015601,92611,314N/AN/AN/A
9/30/2015602,3606,626N/A17,267N/A
6/30/2015597,9216,246N/AN/AN/A
3/31/2015594,8344,164N/A8,543N/A
12/31/2014596,5073,762N/AN/AN/A
9/30/2014594,1353,318N/A22,538N/A
6/30/2014599,2172,841N/AN/AN/A
3/31/2014599,2734,839N/A21,946N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2264's forecast earnings growth (11.1% per year) is above the savings rate (0.3%).

Earnings vs Market: 2264's earnings (11.1% per year) are forecast to grow faster than the JP market (8% per year).

High Growth Earnings: 2264's earnings are forecast to grow, but not significantly.

Revenue vs Market: 2264's revenue (2.2% per year) is forecast to grow slower than the JP market (4.3% per year).

High Growth Revenue: 2264's revenue (2.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 2264's Return on Equity is forecast to be low in 3 years time (7.1%).

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 14:52
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Morinaga Milk Industry Co., Ltd. is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Shumpei KanekoBofA Global Research
Tokushi YamasakiDaiwa Securities Co. Ltd.
Ami YoshidaJ.P. Morgan