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Morinaga Milk Industry (2264) · TargetRestated

MORINAGA MILK INDUSTRY Group's 10-Year Vision and Revenue and Overseas Targets for the Fiscal Year Ending March 2029

First written in FY2019. 9 of 20 entries say "Restated". Latest entry: 2026-08-07.

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ProgressHeldSoftenedWorseRestatedFY2019 – 2026-08-072019: 320192020: 220202021: 220212022: 420222023: 320232024: 220242025: 120252026: 32026
Same theme, other companies
Morinaga Milk Industry Group 10-Year Vision: Profitability and Overseas Growth TargetsA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

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Full recordFilings, disclosures and news, newest first
  1. FY2026-H1RestatedAnnual report

    「We have set an operating margin of at least 7%, ROE of at least 10%, and an overseas revenue ratio of at least 15% as numerical targets for the fiscal year ending March 2029.」

    The Company continues to pursue the fiscal year ending March 2029 targets of the 10-year vision established in 2019. The new medium-term management plan also discloses final-year targets for revenue, operating profit, ROIC, and the employee engagement rating, in addition to the same indicators.
  2. FY2024Disclosed full-year indicators related to the long-term targetsAnnual report

    「We have set an operating margin of at least 7%, ROE of at least 10%, and an overseas revenue ratio of at least 15% as numerical targets for the fiscal year ending March 2029. “Operating margin 5.1%” “ROE (return on equity) 24.5%” “Overseas revenue ratio 11.0%”」

    The Company continues to pursue its long-term targets for the fiscal year ending March 2029 and disclosed full-year results for the fiscal year ended March 2024 of an operating margin of 5.1%, ROE of 24.5%, and an overseas revenue ratio of 11.0%.
  3. FY2024-Q3Disclosed indicators related to the long-term targets for the cumulative third quarter of the 101st fiscal periodAnnual report

    「We have set an operating margin of at least 7%, ROE of at least 10%, and an overseas revenue ratio of at least 15% as numerical targets for the fiscal year ending March 2029. (Other key management indicators) Operating margin 6.6% ROE (return on equity) 25.1% Overseas revenue ratio 11.4%」

    The Company continues to pursue its long-term targets for the fiscal year ending March 2029 and disclosed related cumulative third-quarter indicators of an operating margin of 6.6%, ROE of 25.1%, and an overseas revenue ratio of 11.4% for the 101st fiscal period.
  4. FY2024-Q2Disclosed indicators related to the long-term targets for the second quarter of the 101st fiscal periodAnnual report

    「(Other key management indicators) Operating margin 7.3 % ROE (return on equity) 23.7 % Overseas revenue ratio 12.0%」

    The Company continues to pursue its long-term targets for the fiscal year ending March 2029 of an operating margin of at least 7%, ROE of at least 10%, and an overseas revenue ratio of at least 15%, and disclosed related indicators for the cumulative second quarter of the 101st fiscal period.
  5. FY2024-Q1Disclosed indicators related to the long-term targets for the first quarter of the 101st fiscal periodAnnual report

    「(Other key management indicators) Operating margin 6.9% ROE (return on equity) 21.6% Overseas revenue ratio 12.6%」

    The Company continues to pursue its long-term targets for the fiscal year ending March 2029 of an operating margin of at least 7%, ROE of at least 10%, and an overseas revenue ratio of at least 15%, and disclosed related indicators for the first quarter of the 101st fiscal period.
  6. FY2023-Q3Disclosed indicators related to the long-term targets for the cumulative third quarterAnnual report

    「(Other key management indicators) Operating margin 5.0% ROE (return on equity) 5.7% Overseas revenue ratio 11.2%」

    The Company continues to pursue its long-term targets for the fiscal year ending March 2029 of an operating margin of at least 7%, ROE of at least 10%, and an overseas revenue ratio of at least 15%, and disclosed related cumulative third-quarter indicators of an operating margin of 5.0%, ROE of 5.7%, and an overseas revenue ratio of 11.2%.
  7. FY2023-Q2Disclosed indicators related to the long-term targets for the cumulative second quarterAnnual report

    「We have set an operating margin of at least 7%, ROE of at least 10%, and an overseas revenue ratio of at least 15% as numerical targets for the fiscal year ending March 2029. (Other key management indicators) Operating margin 5.4% ROE (return on equity) 4.0% Overseas revenue ratio 10.9%」

    The Company continues to pursue its long-term targets for the fiscal year ending March 2029 and disclosed a cumulative second-quarter operating margin of 5.4%, ROE of 4.0%, and an overseas revenue ratio of 10.9%.
  8. FY2023-Q1Disclosed first-quarter indicators related to the long-term targetsAnnual report

    「We have set an operating margin of at least 7%, ROE of at least 10%, and an overseas revenue ratio of at least 15% as numerical targets for the fiscal year ending March 2029.」

    The Company continues to pursue its long-term targets for the fiscal year ending March 2029 and disclosed first-quarter results of an operating margin of 4.8%, ROE of 1.4%, and an overseas revenue ratio of 10.4%.
  9. FY2022RestatedAnnual report

    「We have set an operating margin of at least 7%, ROE of at least 10%, and an overseas revenue ratio of at least 15% as numerical targets for the fiscal year ending March 2029.」

    The Company continues to pursue its long-term numerical targets for the fiscal year ending March 2029 and the direction of contributing to food and health, global operations, and a sustainable society.
  10. FY2022-Q3Disclosed indicators related to the long-term targets for the cumulative third quarterAnnual report

    「(Other key management indicators) Operating margin 7.1% ROE (return on equity) 10.2% Overseas revenue ratio 8.4%」

    For the indicators related to the long-term targets for the fiscal year ending March 2029, the Company disclosed a cumulative third-quarter operating margin of 7.1%, ROE of 10.2%, and an overseas revenue ratio of 8.4%.
  11. FY2022-Q2Disclosed indicators related to the long-term targets for the cumulative second quarterAnnual report

    「(Other key management indicators) Operating margin 7.9% ROE (return on equity) 8.3% Overseas revenue ratio 8.0%」

    The Company disclosed cumulative second-quarter indicators for its operating margin, ROE, and overseas revenue ratio related to its long-term targets for the fiscal year ending March 2029.
  12. FY2021RestatedAnnual report

    「We have set an operating margin of at least 7%, ROE of at least 10%, and an overseas revenue ratio of at least 15% as numerical targets for the fiscal year ending March 2029.」

    The Company continues to pursue its long-term targets for the fiscal year ending March 2029. It disclosed results for the fiscal year ended March 2021 of an operating margin of 4.9%, ROE of 9.8%, and an overseas revenue ratio of 6.4%.
  13. FY2020RestatedAnnual report

    「We have set an operating margin of at least 7%, ROE of at least 10%, and an overseas revenue ratio of at least 15% as numerical targets for the fiscal year ending March 2029.」

    The Company continues to pursue its long-term numerical targets for the fiscal year ending March 2029 and the 3 desired states of food and health, global operations, and sustainability. Results for the current fiscal year were an operating margin of 4.3%, ROE of 10.7%, and an overseas revenue ratio of 5.3%.
  14. FY2020-Q3RestatedAnnual report

    「Under this vision, we have defined the following as the desired state of our group 10 years from now: “A company that combines the taste and enjoyment of food with health and nutrition,” “A global company with a distinctive presence worldwide,” and “A company that continues to contribute to the realization of a sustainable society.”」

    The Company continues to pursue 3 directions as its desired state 10 years from now: food and health, global expansion, and contribution to a sustainable society.
  15. FY2020-Q2RestatedAnnual report

    「Against this backdrop, under the “Morinaga Milk Industry Group 10-Year Vision,” the Group designated the three years through the fiscal year ending March 2022 as a period for establishing a solid business foundation, set the following three basic policies, and is implementing a medium-term management plan with targets of ¥630.0 billion in net sales and ¥30.0 billion in operating profit: “Achieve sustainable growth by strengthening initiatives across the four business pillars”; “Practice ESG-focused management to realize the corporate philosophy”; and “Further strengthen the management foundation supporting the core of corporate activities.”」

    Under the 10-year vision, the Company continues to pursue a medium-term plan with the fiscal year ending March 2022 as its target date, along with targets of ¥630 billion in revenue and ¥30 billion in operating profit.
  16. FY2020-Q1RestatedAnnual report

    「Under this vision, we have defined the following as the desired state of our group 10 years from now: “A company that combines the taste and enjoyment of food with health and nutrition,” “A global company with a distinctive presence worldwide,” and “A company that continues to contribute to the realization of a sustainable society.”」

    The Company continues to pursue 3 directions as its desired state 10 years from now: food and health, global expansion, and contribution to a sustainable society.
  17. FY2019First statedAnnual report

    「We have defined the following as the desired state of our group 10 years from now: “A company that combines the taste and enjoyment of food with health and nutrition,” “A global company with a distinctive presence worldwide,” and “A company that continues to contribute to the realization of a sustainable society.” We have set numerical targets for the fiscal year ending March 2029 of an operating margin of at least 7%, ROE of at least 10%, and an overseas revenue ratio of at least 15%.」

    The Company has defined 3 desired states for 10 years from now and, with the fiscal year ending March 2029 as the target date, has set numerical targets of an operating margin of at least 7%, ROE of at least 10%, and an overseas revenue ratio of at least 15% for the first time.
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MORINAGA MILK INDUSTRY Group's 10-Year Vision and Revenue and Overseas Targets for the Fiscal Year Ending March 2029 | MORINAGA MILK INDUSTRY CO.,LTD. (2264) | Komori