Morinaga raises dividend, forecasts higher full-year profit

Morinaga & Co. will pay an interim dividend of 32.50 yen per share, totaling 2,733 million yen, with an effective date of December 17, 2025. This marks a shift from previous years, as the company aims to provide shareholder returns twice annually, starting in the fiscal year ending March 31, 2026. The previous year's interim dividend was 0.00 yen, with an annual dividend of 60.00 yen.

The company has revised its consolidated earnings forecast for the fiscal year ending March 31, 2026. Net sales are now projected to be 236,000 million yen, operating income 22,300 million yen, ordinary income 22,500 million yen, and profit attributable to owners of the parent 18,200 million yen. These revised figures represent increases from the previously announced forecast on May 9, 2025, driven by strong performance in Confectionery & Foodstuffs and Frozen Desserts, despite challenges in the "in-" Business.