Morinaga & Co Ltd
TSE:2201

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Morinaga & Co Ltd Logo
Morinaga & Co Ltd
TSE:2201
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Price: 2 686.5 JPY -1.2% Market Closed
Market Cap: 240.9B JPY
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Income Statement

Earnings Waterfall
Morinaga & Co Ltd

Revenue
222.6B JPY
Cost of Revenue
-133.4B JPY
Gross Profit
89.2B JPY
Operating Expenses
-69.3B JPY
Operating Income
19.9B JPY
Other Expenses
-4.4B JPY
Net Income
15.5B JPY

Income Statement
Morinaga & Co Ltd

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Income Statement
Currency: JPY
Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024
Revenue
Revenue
172 290
N/A
175 899
+2%
177 929
+1%
179 163
+1%
180 787
+1%
181 384
+0%
181 868
+0%
185 124
+2%
189 022
+2%
194 064
+3%
199 479
+3%
203 890
+2%
206 531
+1%
206 544
+0%
205 022
-1%
203 248
-1%
203 689
+0%
205 600
+1%
205 368
0%
207 510
+1%
207 633
+0%
207 694
+0%
208 878
+1%
196 682
-6%
186 826
-5%
177 750
-5%
168 240
-5%
172 569
+3%
176 725
+2%
177 209
+0%
181 251
+2%
183 491
+1%
186 263
+2%
190 457
+2%
194 373
+2%
198 662
+2%
205 547
+3%
210 301
+2%
213 368
+1%
219 204
+3%
222 605
+2%
Gross Profit
Cost of Revenue
(92 860)
(95 348)
(96 788)
(96 433)
(95 433)
(94 809)
(94 269)
(94 711)
(95 425)
(96 988)
(99 125)
(101 115)
(102 326)
(102 128)
(100 435)
(99 079)
(98 845)
(99 188)
(98 853)
(99 306)
(98 849)
(98 513)
(98 747)
(96 926)
(96 337)
(96 438)
(95 664)
(97 988)
(100 998)
(101 769)
(105 425)
(107 781)
(110 633)
(114 813)
(117 721)
(120 320)
(123 593)
(125 143)
(126 679)
(130 237)
(133 367)
Gross Profit
79 430
N/A
80 551
+1%
81 141
+1%
82 730
+2%
85 354
+3%
86 575
+1%
87 599
+1%
90 413
+3%
93 597
+4%
97 076
+4%
100 354
+3%
102 775
+2%
104 205
+1%
104 416
+0%
104 587
+0%
104 169
0%
104 844
+1%
106 412
+1%
106 515
+0%
108 204
+2%
108 784
+1%
109 181
+0%
110 131
+1%
99 756
-9%
90 489
-9%
81 312
-10%
72 576
-11%
74 581
+3%
75 727
+2%
75 440
0%
75 826
+1%
75 710
0%
75 630
0%
75 644
+0%
76 652
+1%
78 342
+2%
81 954
+5%
85 158
+4%
86 689
+2%
88 967
+3%
89 238
+0%
Operating Income
Operating Expenses
(75 398)
(75 308)
(75 256)
(75 073)
(75 080)
(74 706)
(76 187)
(76 633)
(77 529)
(79 543)
(82 778)
(84 316)
(85 548)
(86 453)
(84 867)
(85 453)
(85 932)
(87 196)
(86 356)
(89 499)
(87 581)
(87 099)
(88 984)
(79 503)
(70 799)
(62 209)
(53 531)
(54 593)
(55 107)
(56 254)
(58 253)
(59 744)
(60 997)
(61 581)
(61 502)
(62 020)
(62 850)
(64 035)
(66 455)
(67 787)
(69 303)
Selling, General & Administrative
(75 397)
(75 264)
(70 555)
(74 642)
(75 078)
(74 705)
(73 990)
(76 520)
(77 528)
(79 542)
(80 532)
(84 316)
(85 548)
(86 453)
(82 630)
(85 453)
(85 911)
(86 679)
(84 103)
(86 878)
(87 030)
(87 024)
(86 660)
(79 388)
(70 685)
(62 082)
(51 181)
(54 462)
(54 909)
(56 130)
(55 454)
(59 640)
(60 901)
(61 491)
(58 523)
(61 941)
(62 781)
(63 980)
(63 210)
(67 756)
(69 276)
Research & Development
0
0
(2 005)
0
0
0
0
0
0
0
(2 210)
0
0
0
(2 205)
0
0
0
(2 194)
0
0
0
(2 240)
0
0
0
(2 217)
0
0
0
(2 686)
0
0
0
(2 892)
0
0
0
(3 206)
0
0
Depreciation & Amortization
0
0
(2 694)
0
0
0
(44)
0
0
0
(36)
0
0
0
(31)
0
(21)
(21)
(58)
0
(53)
(72)
(83)
(114)
(113)
(127)
(131)
(129)
(127)
(122)
(112)
(104)
(95)
(89)
(85)
(76)
(67)
(53)
(39)
(31)
(26)
Other Operating Expenses
(1)
(44)
(1)
(431)
0
0
(2 153)
(113)
(1)
0
0
0
0
0
(1)
0
0
(496)
(1)
(2 621)
(498)
(3)
(1)
(1)
(1)
0
(2)
(2)
(71)
0
(1)
0
(1)
(1)
(2)
(3)
0
0
0
0
(1)
Operating Income
4 032
N/A
5 243
+30%
5 885
+12%
7 657
+30%
10 274
+34%
11 869
+16%
11 412
-4%
13 780
+21%
16 068
+17%
17 533
+9%
17 576
+0%
18 459
+5%
18 657
+1%
17 963
-4%
19 720
+10%
18 716
-5%
18 912
+1%
19 216
+2%
20 159
+5%
18 705
-7%
21 203
+13%
22 082
+4%
21 147
-4%
20 253
-4%
19 690
-3%
19 103
-3%
19 045
0%
19 988
+5%
20 620
+3%
19 186
-7%
17 573
-8%
15 966
-9%
14 633
-8%
14 063
-4%
15 150
+8%
16 322
+8%
19 104
+17%
21 123
+11%
20 234
-4%
21 180
+5%
19 935
-6%
Pre-Tax Income
Interest Income Expense
160
157
171
172
200
218
228
240
248
259
262
300
281
274
274
345
404
422
367
424
503
550
453
502
441
402
492
544
492
509
22 457
22 451
22 459
22 461
511
367
357
1 010
1 004
893
1 720
Non-Reccuring Items
(51)
0
(429)
0
(442)
(504)
(112)
0
(124)
(68)
(2 594)
(2 737)
(2 712)
(2 706)
(3 580)
(4 978)
(4 985)
(4 985)
(3 769)
0
(2 077)
(2 076)
(7 421)
(7 422)
(7 419)
(7 444)
(70)
(69)
0
(45)
(293)
(293)
(824)
(859)
(620)
(636)
(105)
(1 676)
(1 722)
(1 706)
(1 707)
Gain/Loss on Disposition of Assets
8 703
(214)
(246)
223
229
215
0
(285)
(389)
(369)
(352)
(376)
(190)
(207)
(55)
(56)
284
446
0
263
(263)
(512)
909
874
903
0
(795)
(555)
(524)
(673)
(690)
(737)
(1 289)
(1 418)
(1 528)
(1 467)
(804)
(215)
477
509
595
Total Other Income
480
429
474
391
399
382
591
409
381
406
488
457
493
507
427
335
317
330
242
202
273
244
349
392
304
1 126
287
98
99
291
169
143
179
81
371
361
336
588
583
601
623
Pre-Tax Income
13 324
N/A
5 615
-58%
5 855
+4%
8 443
+44%
10 660
+26%
12 180
+14%
12 119
-1%
14 144
+17%
16 184
+14%
17 761
+10%
15 380
-13%
16 103
+5%
16 529
+3%
15 831
-4%
16 786
+6%
14 362
-14%
14 932
+4%
15 429
+3%
16 999
+10%
19 594
+15%
19 639
+0%
20 288
+3%
15 437
-24%
14 599
-5%
13 919
-5%
13 187
-5%
18 959
+44%
20 006
+6%
20 687
+3%
19 268
-7%
39 216
+104%
37 530
-4%
35 158
-6%
34 328
-2%
13 884
-60%
14 947
+8%
18 888
+26%
20 830
+10%
20 576
-1%
21 477
+4%
21 166
-1%
Net Income
Tax Provision
(4 756)
(1 989)
(1 959)
(2 784)
(3 606)
(4 113)
(4 183)
(4 722)
(5 223)
(5 570)
(4 258)
(4 458)
(4 612)
(4 513)
(6 592)
(6 385)
(6 536)
(5 803)
(5 036)
(5 279)
(5 335)
(6 380)
(4 475)
(4 066)
(3 775)
(3 277)
(5 356)
(5 569)
(5 818)
(5 321)
(11 257)
(11 004)
(10 188)
(10 015)
(3 593)
(3 744)
(4 889)
(5 384)
(5 201)
(5 548)
(5 449)
Income from Continuing Operations
8 568
3 626
3 896
5 659
7 054
8 067
7 936
9 422
10 961
12 191
11 122
11 645
11 917
11 318
10 194
7 977
8 396
9 626
11 963
14 315
14 304
13 908
10 962
10 533
10 144
9 910
13 603
14 437
14 869
13 947
27 959
26 526
24 970
24 313
10 291
11 203
13 999
15 446
15 375
15 929
15 717
Income to Minority Interest
(56)
(45)
(89)
(65)
48
86
156
109
(14)
(50)
(6)
8
29
98
94
885
915
926
853
39
(15)
(128)
(138)
(151)
(154)
(173)
(185)
(201)
(228)
(199)
(186)
(176)
(156)
(197)
(231)
(229)
(263)
(259)
(220)
(215)
(191)
Net Income (Common)
8 511
N/A
3 579
-58%
3 806
+6%
5 593
+47%
7 102
+27%
8 152
+15%
8 092
-1%
9 531
+18%
10 945
+15%
12 141
+11%
11 115
-8%
11 652
+5%
11 945
+3%
11 415
-4%
10 289
-10%
8 864
-14%
9 313
+5%
10 553
+13%
12 816
+21%
14 353
+12%
14 287
0%
13 781
-4%
10 824
-21%
10 382
-4%
9 991
-4%
9 735
-3%
13 416
+38%
14 233
+6%
14 640
+3%
13 747
-6%
27 773
+102%
26 351
-5%
24 813
-6%
24 115
-3%
10 059
-58%
10 973
+9%
13 735
+25%
15 187
+11%
15 154
0%
15 712
+4%
15 525
-1%
EPS (Diluted)
163.67
N/A
68.82
-58%
73.1
+6%
107.55
+47%
136.57
+27%
156.76
+15%
155.46
-1%
183.28
+18%
210.48
+15%
233.48
+11%
213.59
-9%
224.07
+5%
229.71
+3%
219.51
-4%
197.76
-10%
170.46
-14%
179.09
+5%
202.94
+13%
247.14
+22%
285.34
+15%
284.01
0%
273.96
-4%
215.18
-21%
206.39
-4%
198.63
-4%
193.54
-3%
133.37
-31%
282.97
+112%
291.07
+3%
273.41
-6%
276.29
+1%
535.48
+94%
511.96
-4%
505.16
-1%
104.38
-79%
118.5
+14%
149.59
+26%
166.86
+12%
165.6
-1%
174.61
+5%
173.1
-1%

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