Morinaga & Co.,Ltd. (2201.T) Financial Statements

Income statement

Metric	TTM	2026	2025	2024	2023
Revenue
Total Revenue	236.7B	236.7B	229.0B	213.4B	194.4B
Cost of Revenue	35.4B	141.7B	138.9B	126.7B	117.7B
Gross Profit	24.9B	95.0B	90.0B	86.7B	76.7B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	17.8B	72.6B	68.8B	66.4B	61.4B
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	—	—	—	—	—
Total Operating Expenses	17.8B	72.6B	68.8B	66.4B	61.4B
Cost and Expenses	214.3B	214.3B	207.7B	193.1B	179.1B
Operating Income (EBIT)	22.4B	22.4B	21.3B	20.3B	15.2B
Non-Operating
Interest Income	28.0M	156.0M	116.0M	29.0M	19.0M
Interest Expense	30.0M	134.0M	113.0M	105.0M	56.0M
Net Interest Income	(2.0M)	22.0M	3.0M	(76.0M)	(37.0M)
Other Non-Op Income/Expense	106.0M	266.0M	1.0B	767.0M	522.0M
Non-Operating Income (excl Interest)	199.0M	607.0M	1.3B	952.0M	842.0M
EBT (Pre-Tax Income)	7.2B	25.3B	24.3B	20.6B	13.9B
Income Tax Expense	2.1B	7.4B	6.4B	5.2B	3.6B
Bottom Line
Net Income	17.8B	17.8B	17.7B	15.2B	10.1B
Earnings from Cont. Ops	—	—	—	—	—
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	17.8B	17.8B	17.7B	15.2B	10.1B
Per Share
Basic EPS	¥211	¥211	¥201	¥166	¥209
Diluted EPS	¥211	¥211	—	—	—
Revenue Per Share	¥2,812	¥2,812	¥2,597	¥2,332	¥4,034
Shares
Basic Shares Outstanding	84.2M	84.2M	88.2M	91.5M	48.2M
Diluted Shares Outstanding	—	—	—	—	—
Profitability Metrics
EBITDA	—	32.6B	31.2B	29.8B	25.3B
D&A	—	10.2B	9.9B	9.5B	10.1B
EBIT	22.4B	22.4B	21.3B	20.3B	15.2B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Mar 1, 2026