Morinaga & Co Ltd operates in the Candy & other confectionery products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Morinaga & Co Ltd with three other
bakery and confectionary companies in Asia:
Kotobuki Spirits Co Ltd
(2020
sales of 45.18 billion Japanese Yen [US$435.54 million]
of which 35%
was Sucrey),
Kido Group Corp
of VIETNAM
(8.32 trillion Vietnamese Dong [US$360.36 million]
), and
Imuraya Group Company Limited
(42.31 billion Japanese Yen [US$407.87 million]
of which 85%
was Distribution Business).
Sales Analysis.
Morinaga & Co Ltd reported sales of ¥208.88 billion (US$2.01 billion)
for the
fiscal
year ending
March of 2020.
This
represents
a very small
increase of 1.7%
versus 2019, when the company's sales were ¥205.37 billion.
Sales at Morinaga & Co Ltd have increased during each of the previous five years
(and since 2015, sales have increased a total of 17%).
Sales of Other saw an increase
that was more than double the company's growth rate: sales were up
8.0% in 2020, from
¥578.00 million to ¥624.00 million.
Not all segments of Morinaga & Co Ltd experienced an increase in sales in 2020:
sales of Wholesale Food and Restaurant fell 6.5% to ¥6.23 billion.
(However, this segment's sales were only a very small portion of the company's overall sales).
Morinaga & Co Ltd also experienced decreases in sales in
Real Estate and Services (down 0.4% to ¥1.90 billion)
.