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Megmilk Snow Brand (2270) · InitiativeAdvanced

R&D to Create New Value from Milk and Develop Category-Focused Strategic Products

First written in FY2016. 18 of 32 entries say "Restated". Latest entry: FY2026.

32entries
11years
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ProgressHeldSoftenedWorseAdvancedFY2024 – FY20252016: 320162017: 420172018: 320182019: 420192020: 420202021: 420212022: 220222023: 320232024: 220242025: 220252026: 12026
Same theme, other companies
R&D to Create New Value from Milk and Develop Category-Focused Strategic ProductsA 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. FY2026AdvancedAnnual report

    「Total R&D expenses for the fiscal year were ¥5,334 million.」

    R&D expenses increased from ¥4,983 million in the previous fiscal year to ¥5,334 million, as the company advanced product and technology development in functional foods, alternative foods, cheese, and the health value of milk.
  2. FY2026-H1RestatedAnnual report

    「The Group’s total research and development expenses for the six-month interim consolidated period were ¥2,329 million. (By segment: dairy products, ¥946 million; beverages and desserts, ¥858 million; feed and seedling, ¥525 million.) There were no material changes in research and development activities during the interim consolidated period.」

    The company reports R&D expenses of ¥2,329 million, but explains that there have been no material changes in its R&D activities.
  3. FY2025AdvancedAnnual report

    「Total research and development expenses for the fiscal year were ¥4,983 million.」

    The company recorded R&D expenses of ¥4,983 million and is advancing the commercialization of research results and their application to business issues, including plant-based products, functional yogurt, sleep-improvement research, visualization of the value of milk and methane-reducing feed.
  4. FY2024AdvancedAnnual report

    「Total research and development expenses for the fiscal year were ¥5,030 million.」

    R&D expenses increased from ¥4,548 million in the previous fiscal year to ¥5,030 million, and the company is implementing research and development in cheese, functional products, dairy ingredients, environmentally considerate containers and other areas.
  5. FY2024-Q3RestatedAnnual report

    「The Group’s total research and development expenses for the nine months ended 31 December of the current fiscal year were ¥3,960 million. (By segment: dairy products, ¥1,740 million; beverages and desserts, ¥1,507 million; feed and seedling, ¥712 million.) There were no material changes in research and development activities during the nine-month period.」

    The company recorded R&D expenses of ¥3,960 million but stated that there were no material changes in research and development activities.
  6. FY2024-Q2RestatedAnnual report

    「The Group’s total research and development expenses for the six months ended 30 September of the current fiscal year were ¥2,477 million. (By segment: dairy products, ¥1,079 million; beverages and desserts, ¥922 million; feed and seedling, ¥475 million.) There were no material changes in research and development activities during the six-month period.」

    The company recorded R&D expenses of ¥2,477 million but stated that there were no material changes in research and development activities.
  7. FY2023AdvancedAnnual report

    「Total research and development expenses for the fiscal year were ¥4,548 million.」

    The company disclosed R&D expenses of ¥4,548 million and is advancing the development of new products and technologies in cheese, functional beverages, yogurt, desserts, feed and seedling, and other areas.
  8. FY2023-Q3RestatedAnnual report

    「The Group’s total research and development expenses for the nine months ended 31 December of the current fiscal year were ¥3,454 million. (By segment: dairy products, ¥1,492 million; beverages and desserts, ¥1,262 million; feed and seedling, ¥699 million.) There were no material changes in research and development activities during the nine-month period.」

    The company recorded R&D expenses of ¥3,454 million but stated that there were no material changes in research and development activities.
  9. FY2023-Q1AdvancedAnnual report

    「Dessert sales exceeded the previous year, supported by strong sales of the new Snow Brand Coffee Pudding and the established CREAM SWEETS series, among other factors.」

    The company disclosed that dessert sales exceeded the previous year on the strength of the new Snow Brand Coffee Pudding and strong sales of established products.
  10. FY2022-Q3AdvancedAnnual report

    「Desserts performed strongly, supported by efforts to strengthen product appeal through new product launches and other initiatives, as well as expanded sales of existing products.」

    Desserts performed strongly through new product launches, stronger product appeal and expanded sales of existing products, indicating specific progress in developing strategic category products.
  11. FY2022-Q2RestatedAnnual report

    「The Group’s total research and development expenses for the six months ended 30 September of the current fiscal year were ¥2,104 million. (By segment: dairy products, ¥880 million; beverages and desserts, ¥746 million; feed and seedling, ¥476 million.) There were no material changes in research and development activities during the six-month period.」

    The company recorded R&D expenses of ¥2,104 million and, stating that there were no material changes in research and development activities, continues its policy of pursuing research and development and product development.
  12. FY2022-Q1RestatedAnnual report

    「The Group’s total research and development expenses for the three months ended 30 June of the current fiscal year were ¥1,227 million. (By segment: dairy products, ¥521 million; beverages and desserts, ¥450 million; feed and seedling, ¥256 million.) There were no material changes in research and development activities during the three-month period.」

    The company recorded R&D expenses of ¥1,227 million but stated that there were no material changes in research and development activities, and continues its policy of pursuing research and development and product development.
  13. FY2021AdvancedAnnual report

    「Total research and development expenses for the fiscal year were ¥4,255 million.」

    The company recorded R&D expenses of ¥4,255 million and continued to advance and implement research and development focused on taste, health functions and environmental considerations, including new products, functional ingredients, containers and packaging.
  14. FY2021-Q3RestatedAnnual report

    「The Group’s total research and development expenses for the nine months ended 31 December of the current fiscal year were ¥3,334 million. (By segment: dairy products, ¥1,447 million; beverages and desserts, ¥1,184 million; feed and seedling, ¥702 million.) There were no material changes in research and development activities during the nine-month period.」

    The company recorded R&D expenses of ¥3,334 million but stated that there were no material changes in research and development activities.
  15. FY2021-Q2RestatedAnnual report

    「The Group’s total research and development expenses for the six months ended 30 September of the current fiscal year were ¥2,128 million. (By segment: dairy products, ¥921 million; beverages and desserts, ¥743 million; feed and seedling, ¥463 million.) There were no material changes in research and development activities during the six-month period.」

    The company recorded R&D expenses of ¥2,128 million but stated that there were no material changes in research and development activities.
  16. FY2021-Q1RestatedAnnual report

    「Desserts performed strongly, supported by efforts to strengthen product appeal through new product launches and other initiatives, as well as market growth accompanying increased stay-at-home consumption.」

    The company continued to strengthen its dessert offering through new product launches. It stated that R&D expenses were ¥1,163 million and that there were no material changes in research and development activities.
  17. FY2020AdvancedAnnual report

    「Total research and development expenses for the fiscal year were ¥4,297 million.」

    The company continued research and development and introduced new and renovated products in cheese, dairy beverages, yogurt, desserts and infant products.
  18. FY2020-Q3RestatedAnnual report

    「The Group’s total research and development expenses for the nine months ended 31 December of the current fiscal year were ¥3,316 million. There were no material changes in research and development activities during the nine-month period.」

    The company recorded R&D expenses of ¥3,316 million but stated that there were no material changes in research and development activities.
  19. FY2020-Q2RestatedAnnual report

    「The Group’s total research and development expenses for the six months ended 30 September of the current fiscal year were ¥2,103 million. (By segment: dairy products, ¥917 million; beverages and desserts, ¥719 million; feed and seedling, ¥466 million.) There were no material changes in research and development activities during the six-month period.」

    The company recorded R&D expenses of ¥2,103 million but stated that there were no material changes in research and development activities.
  20. FY2020-Q1RestatedAnnual report

    「The Group’s total research and development expenses for the three months ended 30 June of the current fiscal year were ¥1,191 million. (By segment: dairy products, ¥531 million; beverages and desserts, ¥426 million; feed and seedling, ¥233 million.) There were no material changes in research and development activities during the three-month period.」

    The company recorded R&D expenses of ¥1,191 million and stated that there were no material changes in research and development activities.
  21. FY2019AdvancedAnnual report

    「Total research and development expenses for the fiscal year were ¥4,382 million.」

    The company disclosed R&D expenses of ¥4,382 million and introduced new and renovated products in cheese, oils, yogurt, beverages, desserts and other categories.
  22. FY2019-Q3AdvancedAnnual report

    「Desserts performed steadily, driven by new and renovated products, among other factors.」

    The company disclosed that new and renovated products drove dessert sales, indicating specific progress in developing strategic category products. It also stated that there were no material changes in research and development activities.
  23. FY2019-Q2RestatedAnnual report

    「The Group’s total research and development expenses for the six months ended 30 September of the current fiscal year were ¥2,237 million. (By segment: dairy products, ¥873 million; beverages and desserts, ¥896 million; feed and seedling, ¥468 million.) There were no material changes in research and development activities during the six-month period.」

    The company recorded R&D expenses of ¥2,237 million but stated that there were no material changes in research and development activities.
  24. FY2019-Q1RestatedAnnual report

    「The Group’s total research and development expenses for the three months ended 30 June of the current fiscal year were ¥1,217 million. (By segment: dairy products, ¥528 million; beverages and desserts, ¥448 million; feed and seedling, ¥241 million.) There were no material changes in research and development activities during the three-month period.」

    The company recorded R&D expenses of ¥1,217 million but stated that there were no material changes in research and development activities.
  25. FY2018-Q3RestatedAnnual report

    「The Group’s total research and development expenses for the nine months ended 31 December of the current fiscal year were ¥3,613 million. (By segment: dairy products, ¥1,531 million; beverages and desserts, ¥1,343 million; feed and seedling, ¥737 million.) There were no material changes in research and development activities during the nine-month period.」

    The company recorded R&D expenses of ¥3,613 million and stated that there were no material changes in research and development activities.
  26. FY2018-Q2RestatedAnnual report

    「Revenue increased for the segment as a whole. Sales of oils declined as market weakness continued, but the company continued working to ensure a stable supply of butter, while cheese sales performed strongly, led by 6P Cheese and Sakeru Cheese, helped by promotional activities amid market growth.」

    The company states that 6P Cheese and Sakeru Cheese performed strongly through promotional activities, while there were no material changes in research and development activities, indicating continued progress in developing strategic category products.
  27. FY2018-Q1AdvancedAnnual report

    「Cheese sales increased for the segment as a whole, as 6P Cheese and Sakeru Cheese performed strongly, helped by promotional activities amid market growth. There were no material changes in research and development activities during the three months ended 30 June of the current fiscal year.」

    The company disclosed that 6P Cheese and Sakeru Cheese performed strongly through promotional activities, while there were no material changes in research and development activities, indicating progress in strategic category products.
  28. FY2017AdvancedAnnual report

    「Total research and development expenses for the fiscal year were ¥3,942 million.」

    The company continued research and development, disclosed R&D expenses of ¥3,942 million for the year, and launched specific new products, including an expanded BOTTLATTE lineup, functional lactic acid bacteria products, and new cheese and dairy products.
  29. FY2017-Q3RestatedAnnual report

    「The BOTTLATTE series, launched as products offering new value, contributed to beverage sales. Yogurt sales also increased for the business as a whole, supported by market growth and continued efforts to promote the company’s Gasseri SP Strain lactic acid bacteria by using the food-with-function-claims system. There were no material changes in research and development activities during the nine months ended 31 December of the current fiscal year.」

    The company continues to cite the BOTTLATTE series, functional-benefit messaging and promotion of the Gasseri SP Strain as specific examples of value creation through products. It explicitly states that there have been no material changes in research and development activities.
  30. FY2017-Q2RestatedAnnual report

    「The BOTTLATTE series, launched as products offering new value, contributed to beverage sales. Yogurt sales also increased for the business as a whole, supported by market growth and continued efforts to promote the company’s Gasseri SP Strain lactic acid bacteria by using the food-with-function-claims system.」

    The company continues to cite the BOTTLATTE series, functional-benefit messaging and promotion of its lactic acid bacteria as specific examples of value creation through products. It states that there have been no material changes in research and development activities.
  31. FY2017-Q1AdvancedAnnual report

    「The BOTTLATTE series, launched as products offering new value, contributed to beverage sales.」

    The company cites the launch of the BOTTLATTE series and its contribution to sales as a specific example of a strategic category product, indicating progress in product development.
  32. FY2016First statedAnnual report

    「The company will strengthen its initiatives in manufacturing to create new value from milk by promoting research and development activities to create new corporate value and developing new strategic category products through active marketing investment.」

    The company links research and development and marketing investment to product development and the creation of new value from milk.
Moved together

"Expanding the Functional Food Business Using Functional Ingredients" moved the same way as this thread, in the same document, in 9 of its 32 moves.

986655★123456
  1. ★This thread
  2. 1Expanding the Functional Food Business Using Functional Ingredients9×
  3. 2Expansion of yogurt, cheese, functional foods and overseas operations8×
  4. 3Turning the Beverages and Desserts Business Profitable and Improving Profitability6×
  5. 4Testing the Rationality of Cross-Shareholdings and Reviewing Holdings6×
  6. 5Consolidated payout ratio of at least 20% and stable dividends5×
  7. 6Establishing the Fresh Milk Business as a Core Profit Driver and Building a Growth Model for the Nutrition, Feed, and Seed Businesses5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Megmilk Snow Brand's next results are scheduled for 2026-11-10. Read the earnings preview
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