Morinaga Milk Industry has raised its full-year earnings forecast for the fiscal year ending March 2027 and is looking to achieve record-high profit. Its overseas business has been progressing steadily, led by MILEI in Germany, and revenue is reportedly expected to increase by approximately 30%, mainly in the microbial biomass business.
Morinaga Milk Industry has reportedly raised its full-year earnings forecast for the fiscal year ending March 2027, putting record-high profit within reach. Based on the explanation provided at the earnings briefing, it has been emphasized that overall performance, including the expansion of the overseas business, is improving.
The overseas business is said to be progressing steadily, led by MILEI in Germany, with the expansion of its global operations reportedly contributing to higher earnings. In the microbial biomass business, an approximately 30% increase in revenue is indicated.
The article states that further details will be published in a subsequent electronic edition, with official figures and supplementary information yet to be released.