Japan · Delayed Price · Currency is JPY Morinaga Milk Industry Statistics
Total Valuation
TYO:2264 has a market cap or net worth of JPY 308.84 billion. The enterprise value is 383.75 billion.
| Market Cap | 308.84B |
| Enterprise Value | 383.75B |
Important Dates
The last earnings date was Tuesday, November 11, 2025.
| Earnings Date | Nov 11, 2025 |
| Ex-Dividend Date | Mar 30, 2026 |
Share Statistics
TYO:2264 has 81.79 million shares outstanding. The number of shares has decreased by -3.53% in one year.
| Current Share Class | 81.79M |
| Shares Outstanding | 81.79M |
| Shares Change (YoY) | -3.53% |
| Shares Change (QoQ) | -1.59% |
| Owned by Insiders (%) | 0.24% |
| Owned by Institutions (%) | 47.30% |
| Float | 72.21M |
Valuation Ratios
The trailing PE ratio is 30.24 and the forward PE ratio is 14.58. TYO:2264's PEG ratio is 0.34.
| PE Ratio | 30.24 |
| Forward PE | 14.58 |
| PS Ratio | 0.55 |
| PB Ratio | 1.13 |
| P/TBV Ratio | 1.20 |
| P/FCF Ratio | 158.05 |
| P/OCF Ratio | 8.58 |
| PEG Ratio | 0.34 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 6.67, with an EV/FCF ratio of 196.39.
| EV / Earnings | 36.95 |
| EV / Sales | 0.68 |
| EV / EBITDA | 6.67 |
| EV / EBIT | 11.68 |
| EV / FCF | 196.39 |
Financial Position
The company has a current ratio of 1.39, with a Debt / Equity ratio of 0.44.
| Current Ratio | 1.39 |
| Quick Ratio | 0.78 |
| Debt / Equity | 0.44 |
| Debt / EBITDA | 2.11 |
| Debt / FCF | 62.33 |
| Interest Coverage | 23.84 |
Financial Efficiency
Return on equity (ROE) is 3.46% and return on invested capital (ROIC) is 5.28%.
| Return on Equity (ROE) | 3.46% |
| Return on Assets (ROA) | 3.76% |
| Return on Invested Capital (ROIC) | 5.28% |
| Return on Capital Employed (ROCE) | 8.42% |
| Revenue Per Employee | 75.66M |
| Profits Per Employee | 1.39M |
| Employee Count | 7,453 |
| Asset Turnover | 1.03 |
| Inventory Turnover | 5.19 |
Taxes
In the past 12 months, TYO:2264 has paid 12.06 billion in taxes.
| Income Tax | 12.06B |
| Effective Tax Rate | 55.41% |
Stock Price Statistics
The stock price has increased by +28.57% in the last 52 weeks. The beta is 0.03, so TYO:2264's price volatility has been lower than the market average.
| Beta (5Y) | 0.03 |
| 52-Week Price Change | +28.57% |
| 50-Day Moving Average | 3,469.70 |
| 200-Day Moving Average | 3,279.04 |
| Relative Strength Index (RSI) | 75.23 |
| Average Volume (20 Days) | 382,895 |
Short Selling Information
| Short Interest | n/a |
| Short Previous Month | n/a |
| Short % of Shares Out | n/a |
| Short % of Float | n/a |
| Short Ratio (days to cover) | n/a |
Income Statement
In the last 12 months, TYO:2264 had revenue of JPY 563.90 billion and earned 10.39 billion in profits. Earnings per share was 124.86.
| Revenue | 563.90B |
| Gross Profit | 138.31B |
| Operating Income | 32.96B |
| Pretax Income | 21.77B |
| Net Income | 10.39B |
| EBITDA | 57.65B |
| EBIT | 32.96B |
| Earnings Per Share (EPS) | 124.86 |
Balance Sheet
The company has 51.50 billion in cash and 121.79 billion in debt, giving a net cash position of -70.29 billion or -859.38 per share.
| Cash & Cash Equivalents | 51.50B |
| Total Debt | 121.79B |
| Net Cash | -70.29B |
| Net Cash Per Share | -859.38 |
| Equity (Book Value) | 274.05B |
| Book Value Per Share | 3,294.06 |
| Working Capital | 62.68B |
Cash Flow
In the last 12 months, operating cash flow was 35.98 billion and capital expenditures -34.03 billion, giving a free cash flow of 1.95 billion.
| Operating Cash Flow | 35.98B |
| Capital Expenditures | -34.03B |
| Free Cash Flow | 1.95B |
| FCF Per Share | 23.89 |
Margins
Gross margin is 24.53%, with operating and profit margins of 5.85% and 1.84%.
| Gross Margin | 24.53% |
| Operating Margin | 5.85% |
| Pretax Margin | 3.86% |
| Profit Margin | 1.84% |
| EBITDA Margin | 10.22% |
| EBIT Margin | 5.85% |
| FCF Margin | 0.35% |
Dividends & Yields
This stock pays an annual dividend of 93.00, which amounts to a dividend yield of 2.50%.
| Dividend Per Share | 93.00 |
| Dividend Yield | 2.50% |
| Dividend Growth (YoY) | 3.33% |
| Years of Dividend Growth | n/a |
| Payout Ratio | 72.96% |
| Buyback Yield | 3.53% |
| Shareholder Yield | 6.03% |
| Earnings Yield | 3.36% |
| FCF Yield | 0.63% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
Stock Splits
The last stock split was on November 29, 2023. It was a forward split with a ratio of 2.
| Last Split Date | Nov 29, 2023 |
| Split Type | Forward |
| Split Ratio | 2 |
Scores
TYO:2264 has an Altman Z-Score of 2.51 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.51 |
| Piotroski F-Score | 7 |