Corporate Profile(non-consolidated)

Corporate name MORINAGA MILK INDUSTRY CO., LTD.
Head office address 33-1, Shiba 5-Chome, Minato-ku, Tokyo, Japan
Representative President and Representative Director: Michio Miyahara
Executive Vice President and Representative Director: Teiichiro Okawa
Founded in September 1, 1917
Established in April 13, 1949
Capital 21,787 million yen(as of March 31, 2021)
Number of employees 3,377 < 2,711 males and 666 females >  
6,871 < 5,152 males and 1,719 females > (consolidated)
(as of March 31, 2021)
Business Production and sale of milk, dairy products, ice cream, beverages, and other foods
Stock Information
(as of March 31, 2021)
Total number of shares authorized for issuance 144,000,000 shares
Shares outstanding 49,487,828 shares (excluding 346,315 treasury shares)
Number of shareholders 21,908
Major Shareholders
(as of March 31, 2021) *% of total are calculated on the basis of the total number of outstanding shares excluding treasury shares.
Title Number of shares held % of total
Morinaga & Co., Ltd. 5,249 10.61
The Master Trust Bank of Japan, Ltd.(Trust Acct) 4,666 9.43
Custody Bank of Japan, Ltd. (Trust Acct)  3,703 7.48
MUFG Bank, Ltd. 1,388 2.81
SMBC Trust Bank Ltd.
(Sumitomo Mitsui Banking Corporation Retirement Benefit Trust Account)
1,328 2.69
Mizuho Bank, Ltd.  1,222 2.47
Morinaga Milk Employees' Shareholding Association 973 1.97
Mitsubishi UFJ Trust and Banking Corporation 923 1.87
The Norinchukin Bank 767 1.55
The Master Trust Bank of Japan, Ltd. (Retirement Benefit Trust Account, Morinaga & Co., Ltd. Account) 600 1.21
Distribution Ownership Among Shareholders
(as of March 31, 2021)
Financial institution Foreign companies Other Japanese companies Individuals Others
44.1% 20.5% 19.1% 13.7% 2.7%
Performance
(Unit: million yen)
Term 3/2017 3/2018 3/2019 3/2020 3/2021
Net sales 444,311 440,554 430,363 426,276 422,537
Net income 9,134 13,583 9,943 13,614 11,549
Total assets 300,436 351,871 370,961 371,855 383,660
Net assets 88,556 98,092 117,165 127,124 136,187
History Morinaga Milk Industry began as Nippon Rennyu Co., Ltd., a manufacturer of mainly milk products founded in 1917. Morinaga Milk Industry Co., Ltd., the company of today, was founded in 1949 following a merger and split with and from Morinaga & Co., Ltd.
In October 1967 we acquired the dairy products sales division of Morinaga Shoji Co., Ltd. to take full advantage of their production and sales resources and capabilities.
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