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Morinaga & Co ( (JP:2201) ) just unveiled an announcement.
Morinaga & Co., Ltd. reported a 7.8% increase in net sales for the nine months ending December 31, 2024, reaching 176,584 million yen, though operating and ordinary income saw slight declines compared to the previous year. Despite a drop in comprehensive income by 23.6%, the company maintains strong equity and is projecting continued revenue growth for the fiscal year ending March 31, 2025, indicating a stable financial position and potential for future dividends.
More about Morinaga & Co
Morinaga & Co., Ltd. is a company listed on the Tokyo Stock Exchange, known for its operations in the food industry. It primarily deals with the production and distribution of confectionery products, dairy items, and other food-related services.
YTD Price Performance: 1.20%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.51B
For an in-depth examination of 2201 stock, go to TipRanks’ Stock Analysis page.
