Since its founding in 1917, Morinaga Milk has centered its business on the manufacture and sale of dairy products. The Company has endeavored to maximize the impressive qualities of milk since it was founded, and has achieved high brand recognition through its own product development capacities and its provision of high-quality, safe and reliable foods.
Making full use of the skills and knowledge accumulated since our founding, we provide not only milk but a wide variety of unique products and services.
Nutrition and Healthcare Foods Business
Net
Sales
23%
Sales
127.3billion yen
Operating
Profit
19%
Operating Profit
5.3billion yen
This business will provide the impetus for the provision of health value and will drive the rapid growth of our health brands as sources of future success. Diverse channels, including home delivery and online sales, will be used to market yogurt products, such as Bifidus Yogurt and Greek Yogurt PARTHENO, and formula milk products, such as Hagukumi and the Nutritional milk powder (Milk Life) series, as well as liquid foods and supplements.
Net Sales by Product Field in Nutrition and Healthcare Foods Business (Non-consolited, Except for CLINICO Co., Ltd.)
| Yogurt | 54.1 |
|---|---|
| Commercial milk (home deliveries, etc.) |
18.3 |
| Nutritional food products | 13.3 |
| CLINICO Co., Ltd. | 26.7 |
Core Dairy Foods Business
Net
Sales
32%
Sales
175.3billion yen
Operating
Profit
32%
Operating Profit
9.0billion yen
The mission of this business is to establish upward trajectories for long-selling products that drive our business growth as our main providers of “tastiness and delightfulness” value.
It is building a diverse range of popular products to meet changing consumer needs, including beverages, such as Mt. RAINIER CAFFÈ LATTE and Pino, PARM, and MOW ice cream, as well as cheese and milk.
Net Sales by Product Field in Core Dairy Foods Business (Non-consolited)
| Beverages | 54.8 |
|---|---|
| Ice cream | 44.3 |
| Cheese | 26.5 |
| Milk | 45.2 |
| Chilled desserts | 7.2 |
B-to-B Business
Net
Sales
18%
Sales
96.4billion yen
Operating
Profit
16%
Operating Profit
4.5billion yen
In this area, we offer solutions to customers in a wide range of industries, including cream and other dairy product ingredients, functional ingredients, such as bifidobacteria and lactoferrin, and products, such as PURESTER.
Global Business
Net
Sales
11%
Sales
60.4billion yen
Operating
Profit
22%
Operating Profit
6.0billion yen
The mission of the Global Business is to drive growth by responding to expanding health needs on a global scale.
Our Global Business operations include MILEI, which manufactures and sells dairy product ingredients, our formula milk business in Asia, the probiotics business, the plant-based foods business in North America, and our business operations in Vietnam, which center on Morinaga Nutritional Foods Vietnam.
Net sales and operating profit figures are for the fiscal year ended March 2024.
Net sales and operating profit figures for each business are the consolidated figures.
Net sales by product field in the Nutrition and Healthcare Foods Business and Core Dairy Foods Business are sales for Morinaga Milk on a non-consolidated basis, except for CLINICO Co., Ltd.
For more detailed information on the Medium-term Business Plan,
please refer to this site.