Morinaga Milk Industry Past Earnings Performance
Past criteria checks 5/6
Morinaga Milk Industry has been growing earnings at an average annual rate of 32.2%, while the Food industry saw earnings growing at 6.6% annually. Revenues have been declining at an average rate of 2.7% per year. Morinaga Milk Industry's return on equity is 21.7%, and it has net margins of 11.2%.
Key information
32.2%
Earnings growth rate
35.1%
EPS growth rate
Food Industry Growth | 4.1% |
Revenue growth rate | -2.7% |
Return on equity | 21.7% |
Net Margin | 11.2% |
Next Earnings Update | 08 Aug 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Morinaga Milk Industry makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Mar 24 | 547,059 | 61,307 | 104,119 | 0 |
31 Dec 23 | 543,620 | 67,545 | 98,869 | 0 |
30 Sep 23 | 542,221 | 67,571 | 96,988 | 0 |
30 Jun 23 | 535,041 | 66,875 | 94,497 | 0 |
31 Mar 23 | 525,603 | 16,875 | 94,355 | 0 |
31 Dec 22 | 520,160 | 24,571 | 94,131 | 0 |
30 Sep 22 | 511,970 | 25,018 | 93,872 | 0 |
30 Jun 22 | 505,459 | 27,460 | 93,067 | 0 |
31 Mar 22 | 503,354 | 33,782 | 92,484 | 0 |
31 Dec 21 | 518,369 | 23,254 | 107,031 | 0 |
30 Sep 21 | 539,580 | 24,327 | 124,578 | 0 |
30 Jun 21 | 562,868 | 23,211 | 143,487 | 0 |
31 Mar 21 | 583,550 | 18,741 | 161,204 | 0 |
31 Dec 20 | 584,877 | 20,645 | 161,770 | 0 |
30 Sep 20 | 583,410 | 20,249 | 161,765 | 0 |
30 Jun 20 | 587,012 | 19,146 | 163,086 | 0 |
31 Mar 20 | 590,892 | 18,656 | 163,995 | 0 |
31 Dec 19 | 586,625 | 15,230 | 163,542 | 0 |
30 Sep 19 | 584,969 | 14,473 | 162,985 | 0 |
30 Jun 19 | 585,860 | 14,342 | 162,859 | 0 |
31 Mar 19 | 583,582 | 14,017 | 162,913 | 0 |
31 Dec 18 | 586,503 | 12,449 | 164,162 | 0 |
30 Sep 18 | 586,737 | 11,600 | 165,503 | 0 |
30 Jun 18 | 588,686 | 12,141 | 167,350 | 0 |
31 Mar 18 | 592,087 | 15,781 | 168,263 | 0 |
31 Dec 17 | 593,389 | 15,384 | 170,710 | 0 |
30 Sep 17 | 593,697 | 16,932 | 171,200 | 0 |
30 Jun 17 | 593,006 | 16,399 | 171,925 | 0 |
31 Mar 17 | 592,617 | 13,202 | 172,231 | 0 |
31 Dec 16 | 592,427 | 13,660 | 170,218 | 0 |
30 Sep 16 | 593,892 | 14,892 | 169,257 | 0 |
30 Jun 16 | 598,186 | 12,013 | 167,997 | 0 |
31 Mar 16 | 601,499 | 10,576 | 167,728 | 0 |
31 Dec 15 | 601,926 | 11,314 | 165,200 | 0 |
30 Sep 15 | 602,360 | 6,626 | 165,203 | 0 |
30 Jun 15 | 597,921 | 6,246 | 165,227 | 0 |
31 Mar 15 | 594,834 | 4,164 | 165,746 | 0 |
31 Dec 14 | 596,507 | 3,762 | 166,562 | 0 |
30 Sep 14 | 594,135 | 3,318 | 166,321 | 0 |
30 Jun 14 | 599,217 | 2,841 | 166,429 | 0 |
31 Mar 14 | 599,273 | 4,839 | 165,446 | 0 |
31 Dec 13 | 596,539 | 4,820 | 165,815 | 0 |
30 Sep 13 | 595,000 | 4,633 | 167,555 | 0 |
Quality Earnings: 2264 has a large one-off gain of ¥60.5B impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 2264's current net profit margins (11.2%) are higher than last year (3.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2264's earnings have grown significantly by 32.2% per year over the past 5 years.
Accelerating Growth: 2264's earnings growth over the past year (263.3%) exceeds its 5-year average (32.2% per year).
Earnings vs Industry: 2264 earnings growth over the past year (263.3%) exceeded the Food industry 34.6%.
Return on Equity
High ROE: 2264's Return on Equity (21.7%) is considered high.