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Added to YB: 2024-04-30

Pitch date: 2024-03-31

2264.T [bullish]

Morinaga Milk Industry Co., Ltd.

+20.58%

current return

Author Info

No bio for this author

Company Info

Morinaga Milk Industry Co., Ltd., together with its subsidiaries, engages in the production and sale of various dairy products in Japan and internationally.

Market Cap

JPY 282.3B

Pitch Price

JPY 3.0K

Price Target

N/A

Dividend

2.75%

EV/EBITDA

6.03

P/E

4.69

EV/Sales

0.57

Sector

Food Products

Category

value

Show full summary:
Artisan International Small-Mid Fund Portfolio Holding: Morinaga Milk Industry Co., Ltd.

Morinaga Milk (2264.T): Leading Japanese dairy co. Strong brand, diversified products (formula, ice cream, probiotics). Passing through inflation via pricing power. Cost cuts to lift margins further. Trades at just 11x P/E, 0.7x P/S and 6.5% dividend yield. Attractive risk/reward.

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