Japan · Delayed Price · Currency is JPY Morinaga Milk Industry Statistics
Total Valuation
TYO:2264 has a market cap or net worth of JPY 383.62 billion. The enterprise value is 482.36 billion.
| Market Cap | 383.62B |
| Enterprise Value | 482.36B |
Important Dates
The last earnings date was Friday, August 7, 2026.
| Earnings Date | Aug 7, 2026 |
| Ex-Dividend Date | Sep 29, 2026 |
Share Statistics
TYO:2264 has 322.77 million shares outstanding. The number of shares has decreased by -21.14% in one year.
| Current Share Class | 322.77M |
| Shares Outstanding | 322.77M |
| Shares Change (YoY) | -21.14% |
| Shares Change (QoQ) | -75.04% |
| Owned by Insiders (%) | 0.25% |
| Owned by Institutions (%) | 42.42% |
| Float | 284.46M |
Valuation Ratios
The trailing PE ratio is 14.06 and the forward PE ratio is 15.67. TYO:2264's PEG ratio is 1.68.
| PE Ratio | 14.06 |
| Forward PE | 15.67 |
| PS Ratio | 0.67 |
| PB Ratio | 1.36 |
| P/TBV Ratio | 1.45 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 10.74 |
| PEG Ratio | 1.68 |
Enterprise Valuation
| EV / Earnings | 21.57 |
| EV / Sales | 0.84 |
| EV / EBITDA | 8.10 |
| EV / EBIT | 13.44 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.36, with a Debt / Equity ratio of 0.47.
| Current Ratio | 1.36 |
| Quick Ratio | 0.69 |
| Debt / Equity | 0.47 |
| Debt / EBITDA | 2.24 |
| Debt / FCF | -31.00 |
| Interest Coverage | 21.39 |
Financial Efficiency
Return on equity (ROE) is 8.25% and return on invested capital (ROIC) is 6.70%.
| Return on Equity (ROE) | 8.25% |
| Return on Assets (ROA) | 3.97% |
| Return on Invested Capital (ROIC) | 6.70% |
| Return on Capital Employed (ROCE) | 8.77% |
| Weighted Average Cost of Capital (WACC) | 4.01% |
| Revenue Per Employee | 78.27M |
| Profits Per Employee | 3.05M |
| Employee Count | 7,345 |
| Asset Turnover | 1.03 |
| Inventory Turnover | 4.73 |
Taxes
In the past 12 months, TYO:2264 has paid 9.40 billion in taxes.
| Income Tax | 9.40B |
| Effective Tax Rate | 29.29% |
Stock Price Statistics
The stock price has increased by +46.23% in the last 52 weeks. The beta is 0.15, so TYO:2264's price volatility has been lower than the market average.
| Beta (5Y) | 0.15 |
| 52-Week Price Change | +46.23% |
| 50-Day Moving Average | 1,239.60 |
| 200-Day Moving Average | 1,103.92 |
| Relative Strength Index (RSI) | 44.22 |
| Average Volume (20 Days) | 1,935,210 |
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 574.88 billion and earned 22.37 billion in profits. Earnings per share was 84.55.
| Revenue | 574.88B |
| Gross Profit | 144.67B |
| Operating Income | 35.62B |
| Pretax Income | 32.09B |
| Net Income | 22.37B |
| EBITDA | 59.32B |
| EBIT | 35.62B |
| Earnings Per Share (EPS) | 84.55 |
Balance Sheet
The company has 39.21 billion in cash and 132.77 billion in debt, with a net cash position of -93.56 billion or -289.86 per share.
| Cash & Cash Equivalents | 39.21B |
| Total Debt | 132.77B |
| Net Cash | -93.56B |
| Net Cash Per Share | -289.86 |
| Equity (Book Value) | 282.02B |
| Book Value Per Share | 3,430.61 |
| Working Capital | 59.44B |
Cash Flow
In the last 12 months, operating cash flow was 35.72 billion and capital expenditures -40.00 billion, giving a free cash flow of -4.28 billion.
| Operating Cash Flow | 35.72B |
| Capital Expenditures | -40.00B |
| Depreciation & Amortization | 23.70B |
| Net Borrowing | 18.07B |
| Free Cash Flow | -4.28B |
| FCF Per Share | -13.27 |
Margins
Gross margin is 25.17%, with operating and profit margins of 6.20% and 3.89%.
| Gross Margin | 25.17% |
| Operating Margin | 6.20% |
| Pretax Margin | 5.58% |
| Profit Margin | 3.89% |
| EBITDA Margin | 10.32% |
| EBIT Margin | 6.20% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of 25.00, which amounts to a dividend yield of 2.10%.
| Dividend Per Share | 25.00 |
| Dividend Yield | 2.10% |
| Dividend Growth (YoY) | 14.44% |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 21.14% |
| Shareholder Yield | 23.23% |
| Earnings Yield | 5.83% |
| FCF Yield | -1.12% |
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 |
Analyst Forecast
The average price target for TYO:2264 is 1,475.00, which is 24.11% higher than the current price. The consensus rating is "Buy".
| Price Target | 1,475.00 |
| Price Target Difference | 24.11% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
| Revenue Growth Forecast (3Y) | 2.92% |
| EPS Growth Forecast (3Y) | n/a |
Stock Splits
The last stock split was on June 29, 2026. It was a forward split with a ratio of 4.
| Last Split Date | Jun 29, 2026 |
| Split Type | Forward |
| Split Ratio | 4 |
Scores
TYO:2264 has an Altman Z-Score of 2.57 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.57 |
| Piotroski F-Score | 6 |