Results Snapshot
Figures in Million
Consolidate Annual Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
Mar'20
Net Sales
2,36,672.00
2,28,957.00
2,13,368.00
1,94,373.00
1,81,251.00
1,68,240.00
2,08,878.00
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
2,36,672.00
2,28,957.00
2,13,368.00
1,94,373.00
1,81,251.00
1,68,240.00
2,08,878.00
Raw Material Cost
1,41,713.00
1,38,935.00
1,26,718.00
1,17,806.00
1,05,537.00
95,795.00
98,830.00
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
134.00
113.00
105.00
107.00
34.00
32.00
66.00
Selling and Distribution Expenses
69,352.00
65,734.00
63,210.00
58,523.00
55,454.00
51,181.00
86,660.00
Other Expenses
307.90
293.20
310.10
278.50
265.20
218.50
217.40
Total Expenditure (Excl Depreciation)
2,14,278.00
2,07,714.00
1,93,134.00
1,79,221.00
1,63,677.00
1,49,193.00
1,87,730.00
Operating Profit (PBDIT) excl Other Income
22394
21243
20234
15152
17574
19047
21148
Other Income
3,256.00
4,159.00
2,169.00
-539.00
21,971.00
17.00
1,777.00
Operating Profit (PBDIT)
35,810.00
35,320.00
31,895.00
24,798.00
49,675.00
27,071.00
29,253.00
Interest
134.00
113.00
105.00
107.00
34.00
32.00
66.00
Exceptional Items
-188.00
-1,003.00
-1,722.00
-620.00
-293.00
-70.00
-7,420.00
Gross Profit (PBDT)
94,959.00
90,022.00
86,650.00
76,567.00
75,714.00
72,445.00
1,10,048.00
Depreciation
10,160.00
9,918.00
9,492.00
10,185.00
10,130.00
8,007.00
6,328.00
Profit Before Tax
25,327.00
24,284.00
20,576.00
13,884.00
39,216.00
18,959.00
15,437.00
Tax
7,393.00
6,438.00
5,201.00
3,593.00
11,257.00
5,356.00
4,475.00
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
17,766.00
17,710.00
15,154.00
10,060.00
27,773.00
13,417.00
10,824.00
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
17,766.00
17,710.00
15,154.00
10,060.00
27,773.00
13,417.00
10,824.00
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
167.00
136.00
220.00
231.00
186.00
185.00
138.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
17,933.00
17,846.00
15,374.00
10,291.00
27,959.00
13,602.00
10,962.00
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Reserves
1,41,957.00
1,30,866.00
1,31,203.00
1,24,566.00
1,30,035.00
1,22,791.00
1,04,666.00
Earnings per share (EPS)
211.06
200.85
165.6
104.38
276.29
133.36
107.59
Diluted Earnings per share
211.06
200.85
165.6
104.38
276.29
133.36
107.59
Operating Profit Margin (Excl OI)
9.46%
9.28%
9.48%
7.8%
9.7%
11.32%
10.12%
Gross Profit Margin
14.99%
14.94%
14.09%
12.38%
27.23%
16.03%
10.42%
PAT Margin
7.51%
7.74%
7.1%
5.18%
15.32%
7.97%
5.18%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Mar 2026 is 3.37% vs 7.31% in Mar 2025
Consolidate Net Profit
YoY Growth in year ended Mar 2026 is 0.49% vs 16.08% in Mar 2025
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2026 is 4.47% vs 4.83% in Mar 2025
Interest
YoY Growth in year ended Mar 2026 is 18.58% vs 7.62% in Mar 2025
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2026 has improved from Mar 2025
Compare Annual Results Of Morinaga & Co., Ltd. With
Figures in Million
Consolidate Annual Results
Change(JPY)
Change(%)
Net Sales
2,36,672.00
2,94,264.00
-57,592.00
-19.57%
Other Operating Income
0.00
0.00
0.00
Total Operating income
2,36,672.00
2,94,264.00
-57,592.00
-19.57%
Raw Material Cost
1,41,713.00
2,01,681.00
-59,968.00
-29.73%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
0.00
45,382.00
-45,382.00
-100.00%
Power Cost
0
0
0.00
Manufacturing Expenses
134.00
2,611.00
-2,477.00
-94.87%
Selling and Distribution Expenses
69,352.00
64,833.00
4,519.00
6.97%
Other Expenses
307.90
-4,261.10
4,569.00
107.23%
Total Expenditure (Excl Depreciation)
2,14,278.00
2,71,896.00
-57,618.00
-21.19%
Operating Profit (PBDIT) excl Other Income
22,394.00
22,368.00
26.00
0.12%
Other Income
3,256.00
1,034.00
2,222.00
214.89%
Operating Profit (PBDIT)
35,810.00
35,216.00
594.00
1.69%
Interest
134.00
2,611.00
-2,477.00
-94.87%
Exceptional Items
-188.00
0.00
-188.00
Gross Profit (PBDT)
94,959.00
92,583.00
2,376.00
2.57%
Depreciation
10,160.00
11,814.00
-1,654.00
-14.00%
Profit Before Tax
25,327.00
20,791.00
4,536.00
21.82%
Tax
7,393.00
5,062.00
2,331.00
46.05%
Provisions and contingencies
0
0
0.00
Profit After Tax
17,766.00
14,801.00
2,965.00
20.03%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
17,766.00
14,801.00
2,965.00
20.03%
Share in Profit of Associates
0
0
0.00
Minority Interest
167.00
1,255.00
-1,088.00
-86.69%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
17,933.00
16,056.00
1,877.00
11.69%
Equity Capital
0
0
0.00
Face Value
0.00
0.00
0.00
Reserves
1,41,957.00
1,90,559.00
-48,602.00
-25.50%
Earnings per share (EPS)
211.06
161.23
49.83
30.91%
Diluted Earnings per share
211.06
161.23
49.83
30.91%
Operating Profit Margin (Excl OI)
9.46%
7.60%
0.00
1.86%
Gross Profit Margin
14.99%
11.08%
0.00
3.91%
PAT Margin
7.51%
5.03%
0.00
2.48%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 23,667.20 Million
in Mar 2026Figures in Million
YoY Growth in year ended Mar 2026 is 3.37% vs 7.31% in Mar 2025
Annual - Consolidate Net Profit
Consolidate Net Profit 1,793.30 Million
in Mar 2026Figures in Million
YoY Growth in year ended Mar 2026 is 0.49% vs 16.08% in Mar 2025
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 3,255.40 Million
in Mar 2026Figures in Million
YoY Growth in year ended Mar 2026 is 4.47% vs 4.83% in Mar 2025
Annual - Interest
Interest 13.40 Million
in Mar 2026Figures in Million
YoY Growth in year ended Mar 2026 is 18.58% vs 7.62% in Mar 2025
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 9.46%
in Mar 2026Figures in %
YoY Growth in year ended Mar 2026 has improved from Mar 2025






