Message from Management
We want to make a continuing contribution to the realization of an enriched society that inspires smiles everywhere.
Yohichi Ohnuki
Representative Director and President
Morinaga Milk Industry was established in 1917, as Nippon Rennyu Co., Ltd. and has continued its business for more than 100 years through the support of its many different stakeholders.
Today, the Morinaga Milk Group offers a wide product range that includes milk, beverages, yogurt, ice cream, and cheese, as well as infant formula, liquid foods, and bifidobacteria, which is our unique functional ingredient. We aim to contribute to the creation of a society in which people can enjoy happiness and fulfillment by providing day-to-day products used by everybody from babies to senior citizens, and that help to bring more health and enjoyment into the lives of our customers. Our corporate slogan of “For Ever Brighter Smiles” incorporates this aspect of our corporate philosophy.
Corporate Slogan
In the Morinaga Milk Group 10-Year Vision, which was formulated in 2019, we set out three things that we aim to become.
Morinaga Milk Group 10‐year Vision
Vision1：A company that balances “delicious and pleasurable food” with “health and nutrition”
Vision2：A global company that exerts a unique presence worldwide
Vision3：A company that persistently helps make social sustainability a realityersistently
Medium-Term Business Plan 2025–2028, which begins this fiscal year, will be a period during which we put the finishing touches on the task of achieving that vision.
Beyond that, we have declared that we wish to become “A Clearly Differentiated and Highly Profitable Company.” We aim to become a more profitable company by creating products and brands that will serve as pillars of revenue. From a medium- to long-term perspective, we will promote the application of a Merihari (focus and prioritization) mindset in all aspects of our business. This Merihari expresses our aim for everybody in the Morinaga Milk Group, whether in Japan or elsewhere, to bear the same words in mind and work together as one.
The three basic policies we have set out in the current Medium-term Business Plan are growth strategy, structural reforms, and organizational culture reforms.
For growth strategy, we have clarified domains and roles in order to concentrate resources in areas where we can leverage our strengths. These are categorized into the five areas of growth, core, fundamental, strategic transformation, and nurturing. For example, probiotics, domestic yogurt and ice cream, and formula milk in overseas markets have been designated growth areas. Taking a proactive approach to investments, including R&D and M&A, in growth areas, will lead to the creation of the pillars of future earnings.
In terms of structural reforms, we will promote the rebuilding of the organization with a focus on improving product development and sales capabilities, and the reorganization of production structures to further enhance production efficiency.
In terms of organizational culture reforms, we have begun work on the organizational culture that underpins the Group, aiming to increase return on capital as well as build an energetic team with professional skills and diversity. By adopting ROIC as a management indicator, we will further raise awareness of the cost of capital, and work on creating an organization that leads to increased employee engagement and the development of human capital.
In Sustainability Medium- to Long-Term Plan 2030, which is linked to the Medium-Term Business Plan, we will make revisions to the themes and important issues in response to changes in the internal and external environment.
At World Expo 2025 in Osaka, Kansai, which continues until October, the Company is exhibiting at the Osaka Healthcare Pavilion on the theme of “Becoming Superhuman with Bifidobacteria.” We are working to ensure that the enjoyment experienced at our booth will lead to the fostering of a corporate brand in which bifidobacteria is synonymous with the Morinaga Milk Group.
“For Ever Brighter Smiles” of all our stakeholders, the Morinaga Milk Group will continue to seek out further innovation and challenges.
I ask for your unwavering understanding and support going forward.
