MORINAGA MILK INDUSTRY CO.,LTD. (2264.T) Financial Statements

Income statement

Metric	TTM	2026	2025	2024	2023
Revenue
Total Revenue	571.5B	571.5B	561.2B	547.1B	525.6B
Cost of Revenue	108.9B	428.2B	426.1B	415.1B	407.3B
Gross Profit	34.7B	143.3B	135.1B	132.0B	118.3B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	25.9B	108.8B	105.4B	104.1B	94.4B
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	—	—	—	—	—
Total Operating Expenses	25.9B	108.8B	105.4B	104.1B	94.4B
Cost and Expenses	537.0B	537.0B	531.5B	519.2B	501.7B
Operating Income (EBIT)	34.5B	34.5B	29.7B	27.8B	23.9B
Non-Operating
Interest Income	34.0M	283.0M	179.0M	100.0M	43.0M
Interest Expense	289.0M	1.6B	1.5B	1.3B	710.0M
Net Interest Income	(255.0M)	(1.3B)	(1.3B)	(1.2B)	(667.0M)
Other Non-Op Income/Expense	695.0M	2.6B	206.0M	265.0M	1.3B
Non-Operating Income (excl Interest)	1.4B	5.1B	3.1B	3.6B	2.4B
EBT (Pre-Tax Income)	10.6B	32.2B	15.3B	88.6B	23.7B
Income Tax Expense	3.7B	9.5B	10.6B	27.2B	6.7B
Bottom Line
Net Income	22.6B	22.6B	5.5B	61.3B	16.9B
Earnings from Cont. Ops	—	—	—	—	—
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	22.6B	22.6B	5.5B	61.3B	16.9B
Per Share
Basic EPS	¥273	¥276	¥65	¥697	¥373
Diluted EPS	¥273	¥276	¥65	¥696	¥373
Revenue Per Share	¥6,980	¥6,980	¥6,640	¥6,219	¥11,622
Shares
Basic Shares Outstanding	81.9M	81.9M	84.5M	88.0M	45.2M
Diluted Shares Outstanding	—	—	—	—	—
Profitability Metrics
EBITDA	—	58.4B	53.2B	50.5B	45.2B
D&A	—	23.9B	23.5B	22.7B	21.2B
EBIT	34.5B	34.5B	29.7B	27.8B	23.9B

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