Morinaga & Co (JP:2201) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Morinaga & Co. has revised its financial forecasts for the fiscal year ending March 31, 2025, predicting higher-than-expected net sales and profits due to strong performance in its Confectionery & Foodstuffs and Frozen Desserts businesses in Japan. Despite challenges from rising raw material costs, the company anticipates exceeding previous forecasts through sales growth and strategic price adjustments. The year-end dividend remains unchanged at 60 yen per share.
For further insights into JP:2201 stock, check out TipRanks’ Stock Analysis page.
