Morinaga&Co., Ltd. (2201.T) Stock

About Morinaga&Co., Ltd.

Morinaga&Co., Ltd. manufactures, purchases, and sells confectionaries, food, frozen desserts, and health products in Japan and internationally. It offers chocolates, biscuits, snacks, caramel, candies, and milk caramel crunch bars; cocoa, cake mix, beverages, gelatin, and freeze-dried products; and ice cream products. The company also provides jelly, protein bars and powders, healthcare products, and beauty care products, such as collagen moist gel. It offers its products under the Morinaga Milk Cocoa, Morinaga Ramune, Morinaga Biscuits, Chocoball, Amazake, Carré de chocolat, DARS, HI-CHEW, Morinaga Cocoa, Choco Monaka Jumbo, Vanilla Monaka Jumbo, Ita Choco Ice, ICEBOX, Morinaga Aojiru, Morinaga Collagen Drink, in BAR, and in Jelly brands. In addition, the company engages in the real estate rental and golf course management businesses. Morinaga&Co., Ltd. was founded in 1899 and is headquartered in Tokyo, Japan.

Morinaga&Co., Ltd. (2201.T) stock trades at $2538.00 with a market capitalization of $213.11B. The stock is valued at a price-to-earnings (P/E) ratio of 12.02, price-to-book of 1.48, price-to-sales of 0.89. Over the past 52 weeks the stock has ranged between $2420.50 and $2895.00, and currently trades 12.3% below its 52-week high. It pays a dividend yielding 2.74%.

On profitability, Morinaga&Co., Ltd. generates a return on equity (ROE) of 12.76%, above the typical market average, an operating margin of 9.63%, a net profit margin of 7.16%.

The balance sheet shows a debt-to-equity ratio of 0.28 — a conservative balance sheet with little leverage risk, a current ratio of 1.40.

2201.T has an average daily trading volume of 331,912 shares, a beta of -0.13 (less volatile than the overall market), 0.08B shares outstanding.

Official website: www.morinaga.co.jp