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    2264   JP3926800008

MORINAGA MILK INDUSTRY CO., LTD.

(2264)
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Morinaga Milk Industry Co., Ltd. acquired 51% stake in Elovi Vietnam Joint Stock Company.

05/13/2021 EDT

Morinaga Milk Industry Co., Ltd. (TSE:2264) acquired 51% stake in Elovi Vietnam Joint Stock Company in January, 2021. Going forward, Morinaga Milk Industry Co., Ltd. plans to acquire 100% of the shares of Elovi in May to June 2021, and make it a fully owned subsidiary. For the financial year ended December, 2020, Elovi Vietnam Joint Stock Company had net sales of VND 608.7 billion. Morinaga Milk Industry Co., Ltd. (TSE:2264) completed the acquisition of 51% stake in Elovi Vietnam Joint Stock Company in January, 2021.


ę S&P Capital IQ 2021
All news about MORINAGA MILK INDUSTRY CO., LTD.
08/31MORINAGA MILK INDUSTRY : Reveals Major Breakthroughs in a ‘Bifidobacteria Training' ..
BU
08/12Morinaga Milk Industry Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending ..
CI
08/12Morinaga Milk Industry Co., Ltd. Provides Consolidated Earnings Guidance for the Six Mo..
CI
08/12Morinaga Milk Industry Co., Ltd. Reports Consolidated Earnings Results for the First Qu..
CI
05/13Morinaga Milk Industry Co., Ltd. Provides Consolidated Earnings Guidance for the Six Mo..
CI
05/13Morinaga Milk Industry Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Res..
CI
05/13Morinaga Milk Industry Co., Ltd. Announces Dividend for the Fiscal Year Ended March 31,..
CI
05/13Morinaga Milk Industry Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending ..
CI
05/13Morinaga Milk Industry Co., Ltd. acquired 51% stake in Elovi Vietnam Joint Stock Compan..
CI
04/21MORINAGA MILK INDUSTRY : Corporate Governance Report
PU
More news
Financials
Sales 2022 503 B 4 414 M 4 414 M
Net income 2022 35 730 M 313 M 313 M
Net Debt 2022 40 362 M 354 M 354 M
P/E ratio 2022 9,15x
Yield 2022 1,09%
Capitalization 327 B 2 860 M 2 865 M
EV / Sales 2022 0,73x
EV / Sales 2023 0,70x
Nbr of Employees 6 871
Free-Float 81,4%
Chart MORINAGA MILK INDUSTRY CO., LTD.
Duration : Period :
Morinaga Milk Industry Co., Ltd. Technical Analysis Chart | 2264 | JP3926800008 | MarketScreener
Technical analysis trends MORINAGA MILK INDUSTRY CO., LTD.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 6
Last Close Price 6 600,00 JPY
Average target price 7 791,67 JPY
Spread / Average Target 18,1%
EPS Revisions
Managers and Directors
Yoichi Ohnuki President & Representative Director
Yuichiro Kasahara Manager-Finance & Accounting Group
Michio Miyahara Chairman
Teiichiro Okawa Representative Director, VP & Head-Research
Shoji Kawakami Independent Outside Director
Sector and Competitors
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