Corporate Profile(non-consolidated)

Corporate name MORINAGA MILK INDUSTRY CO., LTD.
Head office address 33-1, Shiba 5-Chome, Minato-ku, Tokyo, Japan
Representative Chairman and Representative Director: Michio Miyahara
President and Representative Director: Yohichi Ohnuki
Executive Vice President and Representative Director: Teiichiro Okawa
Founded in September 1, 1917
Established in April 13, 1949
Capital 21,821 million yen(as of March 31, 2022)
Number of employees 3,349 < 2,681 males and 668 females >  
6,839 < 5,091 males and 1,748 females > (consolidated)
(as of March 31, 2022)
Business Production and sale of milk, dairy products, ice cream, beverages, and other foods
Stock Information
(as of March 31, 2022)
Total number of shares authorized for issuance 144,000,000 shares
Shares outstanding 45,203,405 shares (excluding 4,641,538 treasury shares)
Number of shareholders 22,181
Major Shareholders
(as of March 31, 2022) *% of total are calculated on the basis of the total number of outstanding shares excluding treasury shares.
Title Number of shares held % of total
The Master Trust Bank of Japan, Ltd.(Trust Acct) 7,205 15.94
Custody Bank of Japan, Ltd. (Trust Acct) 3,442 7.62
MUFG Bank, Ltd. 1,388 3.07
SMBC Trust Bank Ltd.
(Sumitomo Mitsui Banking Corporation Retirement Benefit Trust Account)
1,328 2.94
Mizuho Bank, Ltd.  1,222 2.70
Morinaga Milk Employees' Shareholding Association 974 2.15
Morinaga & Co., Ltd. 949 2.10
Mitsubishi UFJ Trust and Banking Corporation 923 2.04
JP MORGAN CHASE BANK 385839 892 1.97
The Norinchukin Bank 767 1.70
Distribution Ownership Among Shareholders
(as of March 31, 2022)
Financial institution Foreign companies Other Japanese companies Individuals Others
42.8% 22.5% 9.9% 13.5% 11.3%
Performance
(Unit: million yen)
Term 3/2018 3/2019 3/2020 3/2021 3/2022
Net sales 440,554 430,363 426,276 422,537 366,807
Net income 13,583 9,943 13,614 11,549 27,023
Total assets 351,871 370,961 371,855 383,660 387,255
Net assets 98,092 117,165 127,124 136,187 134,763
※The Group has applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29) and related guidance from the beginning of the fiscal year ended March 31, 2022.
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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