Morinaga Milk Industry Co., Ltd. · TSE:2264

Morinaga Milk Industry — Q1 FYE March 2027 Earnings Presentation

21 slides from Morinaga Milk Industry's earnings presentation, Aug 7, 2026

  1. Slide 1: Financial Results Presentation for the First Quarter of the Fiscal Year Ending March 2027

    Morinaga Milk Industry Co., Ltd. Financial Results Presentation for the First Quarter of the Fiscal Year Ending March 31, 2027 August 7, 2026 1. Overview of the First Quarter of the FYE March 2027 Financial Results (Materials published August 7, 2026) 2. Outlook of Financial Results for FYE March 20

  2. Slide 2: Preamble: Summary of Today's Presentation

    Preamble: Summary of Today’s Presentation (Key Points From 1Q Results, Future Outlook) 1. Overview of FYE March 2027 1Q results: net sales ¥147.1 billion (+2.4% YoY), operating profit ¥10.0 billion (+12.9% YoY) Higher net sales and profits (record high for profit), expansion of Global Business ・ Ope

  3. Slide 3: Overview of the First Quarter of the FYE March 2027 Financial Results

    Overview of the First Quarter of the FYE March 2027 Financial Results 1. Overview of the First Quarter of the FYE March 2027 Financial Results 2. Outlook of Financial Results for FYE March 2027 Copyright © MORINAGA MILK INDUSTRY CO., LTD. All Rights Reserved. 3

  4. Slide 4: Financial Results for 1Q of FYE March 2027: Summary

    Financial Results for 1Q of FYE March 2027: Summary (Unit: billion yen) FYE Mar. 2026 FYE Mar. 2027 Year-on year ◼ Operating profit ¥10.0 billion (+¥1.1 billion YoY), record high 1Q 1Q change Year on year for profit Expansion of Global Business (+¥2.3 billion YoY), lower sales Net sales 143.7 147.1

  5. Slide 5: Financial Results for 1Q: Summary (Domestic/Global)

    Financial Results for 1Q of FYE March 2027: Summary (Domestic/Global) (Unit: billion yen) (Unit: billion yen) Operating profit Operating profit Net sales (operating profit to net sales) Net sales (operating profit to net sales) FYE Mar. 2027 FYE Mar. 2027 FYE Mar. 2026 FYE Mar. 2027 FYE Mar. 2026 FY

  6. Slide 6: Factors Attributable to Increases and Decreases in Operating Profit

    Financial Results for 1Q of FYE March 2027: Factors Attributable to Increases and Decreases in Operating Profit Key Points • Change in selling unit prices: Effects of unexpired months from price revisions in previous fiscal year (yogurt, ice cream, milk, B-to-B commercial dairy products, etc.) • Sal

  7. Slide 7: Outlook of Financial Results for FYE March 2027

    Outlook of Financial Results for FYE March 2027 1. Overview of the First Quarter of the FYE March 2027 Financial Results 2. Outlook of Financial Results for FYE March 2027 Copyright © MORINAGA MILK INDUSTRY CO., LTD. All Rights Reserved. 7

  8. Slide 8: Outlook for Financial Results for FYE March 2027

    Outlook for Financial Results for FYE March 2027 計画修正あり Revised forecasts (Unit: billion yen) (Unit: billion yen) FYE Mar. 2026 FYE Mar. 2027 Year-on-year Year on year vs. initial FYE Mar. 2026 FYE Mar. 2027 Year-on-year Year on year vs. initial full year full year target change target 1H 1H target

  9. Slide 9: Target Sales and Operating Profit (Domestic/Global)

    Outlook for Financial Results for FYE March 2027: Revised forecasts Target Sales and Operating Profit (Domestic/Global) (Unit: billion yen) 1H target Full-year target Operating profit Operating profit Net sales (operating profit to net sales) Net sales (operating profit to net sales) FYE Mar. FYE Ma

  10. Slide 10: Revisions to Operating Profit Forecasts by Global/Domestic Business

    Revisions to Operating Profit Forecasts by Global/Domestic Business Revised forecasts Operating profit forecasts for domestic business and Global Business (Unit: billion yen) Domestic business Key Points -1.3 ◼ Reflect trends in sales volume, cost increases, etc. Sales trend post- 9.8 vs. target pri

  11. Slide 11: Outlook: Factors Attributable to Increases and Decreases in Operating Profit

    Outlook for Financial Results for FYE March 2027: Revised forecasts Factors Attributable to Increases and Decreases in Operating Profit Key Points • Change in selling unit prices: Deviation from initial forecasts to be driven mainly by August/September price revisions (yogurt, beverages, chilled des

  12. Slide 12: Others, topics

    Others, topics ◼ Probiotics (1Q net sales: +38% YoY (domestic and overseas)) • R&D news releases (New clinical trial study on Bifidobacterium longum BB536, etc.) ‒ Plain Yogurt Containing Bifidobacterium longum BB536, Combined with Lifestyle Improvements, May Slow the Pace of Aging — Published in th

  13. Slide 13: Appendix

    Appendix Copyright © MORINAGA MILK INDUSTRY CO., LTD. All Rights Reserved. 13

  14. Slide 14: (Reference) Financial Results for 1Q: Summary by Segment

    (Reference) Financial Results for 1Q of FYE March 2027: Summary by Segment (Unit: billion yen) (Unit: billion yen) Net sales Operating profit Net sales Operating profit (operating profit to net sales) (operating profit to net sales) FYE Mar. 2027 FYE Mar. 2027 FYE Mar. 2026 FYE Mar. 2027 FYE Mar. 20

  15. Slide 15: (Reference) Financial Results for 1Q: Net Sales by Category

    (Reference) Financial Results for 1Q of FYE March 2027: Net Sales by Category FYE Mar. 2026 FYE Mar. 2027 FYE Mar. 2026 FYE Mar. 2027 Year on year Year on year (Unit: billion yen) 1Q 1Q (Unit: billion yen) 1Q 1Q Growth Segments Mainstay Segments (Core, Fundamental, Strategic Yogurt 14.3 15.9 +11% Tr

  16. Slide 16: (Reference) Target Sales and Operating Profit for Each Segment

    (Reference) Outlook for Financial Results for FYE March 2027: 計画修正あり Revised forecasts Target Sales and Operating Profit for Each Segments (Unit: billion yen) 1H target Full-year target Net sales Operating profit Net sales Operating profit (operating profit to net sales) (operating profit to net sal

  17. Slide 17: (Reference) Target Sales by Category

    (Reference) Outlook for Financial Results for FYE March 2027: Revised forecasts Target Sales by Category (Unit: billion yen) Net sales FYE March 2027 target FYE Mar. vs. initial FYE Mar. vs. initial 2027 Year on year target 2027 full- Year on year target 1H target year target Key Points Growth Segme

  18. Slide 18: (Reference) Outlook: Factors Attributable to Increases and Decreases

    (Reference) Outlook for Financial Results for FYE March 2027: Revised forecasts Factors Attributable to Increases and Decreases in Operating Profit Key Points • Change in selling unit prices: Revised initial forecast mainly for price revisions to be implemented in August/September. • Sales volume: R

  19. Slide 19: (Reference) Dairy Ingredient Market Data

    (Reference) Dairy Ingredient Market Data Source: ZMB (culinary-use whey powder), Fonterra Global Dairy Trade auctions (lactose, cheddar cheese, powdered skim milk) *Areas without lines are those where no trades took place, FAO “FoodOutlook” (main regions dairy product production, exports, and import

  20. Slide 20: Copyright © MORINAGA MILK INDUSTRY CO., LTD. All Rights Reserved.

    Copyright © MORINAGA MILK INDUSTRY CO., LTD. All Rights Reserved. 20

  21. Slide 21: Cautionary Note Regarding Business Forecasts

    Cautionary Note Regarding Business Forecasts Figures for plans, policies, and other figures included in this report other than actual past results are forecasts of future business performance, and are calculated based on management’s estimates and understanding of the information available to the Co

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