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Morinaga Milk Industry Co Ltd (2264.T)

2264.T on Tokyo Stock Exchange

859JPY
2:00am EDT
Change (% chg)

¥-4 (-0.46%)
Prev Close
¥863
Open
¥862
Day's High
¥872
Day's Low
¥856
Volume
891,000
Avg. Vol
1,871,856
52-wk High
¥995
52-wk Low
¥711

Latest Key Developments (Source: Significant Developments)

Morinaga Milk Industry to issue unsecured corporate bonds worth 10 bln yen
Friday, 14 Jul 2017 02:41am EDT 

July 14 (Reuters) - Morinaga Milk Industry Co Ltd <2264.T>:Says it plans to issue 15th series unsecured corporate bonds worth 10 billion yen, with a coupon rate of 0.37 percent per annum .Says the principal of the bonds need to be repaid on July 23, 2027.Says payment date on July 24.Nomura Securities Co., Ltd., SMBC Nikko Securities Inc and Mizuho Securities Co., Ltd. will serve as main underwriters .  Full Article

Morinaga & Co, Morinaga Milk share trade halted
Thursday, 23 Feb 2017 06:47pm EST 

: Trade halted in shares of Morinaga & Co, Morinaga Milk - Tokyo bourse . Shares halted after merger report [nFWN1G8120] (Reporting By Chris Gallagher) ((chris.gallagher@thomsonreuters.com;)).  Full Article

Morinaga & Co, Morinaga Milk Industry to integrate around April 2018 - Nikkei
Thursday, 23 Feb 2017 11:46am EST 

: Morinaga & Co. , Morinaga Milk Industry to integrate around April 2018 to bolster research and development operations,share sales channels abroad - Nikkei . Based on guidance for year ending March 31, sales of the combined entity would total around 785 billion yen ($6.97 billion) - Nikkei . Morinaga & Co , Morinaga Milk Industry are expected to move under a new holding company - Nikkei .Morinaga Milk President Michio Miyahara is eyed as chairman of holding co, Toru Arai is likely to become president- Nikkei.  Full Article

R&I affirms Morinaga Milk Industry's rating at "A-" and changes outlook to stable – R&I
Wednesday, 31 Aug 2016 02:35am EDT 

Morinaga Milk Industry Co Ltd <2264.T>: Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A-" – R&I .Rating outlook stable changed from negative – R&I.  Full Article

Morinaga Milk Industry to issue 14th series unsecured corporate bonds
Thursday, 3 Dec 2015 01:00am EST 

Morinaga Milk Industry Co Ltd:To issue 14th series unsecured corporate bonds worth 10 billion yen.Face value of 100 million yen and issue price at 100 yen per face value of 100 yen.Interest rate of 0.774 pct.Maturity on Dec. 10, 2025.Subscription date on Dec. 3 and payment date on Dec. 10.Mizuho Securities Co., Ltd., Nomura Securities Co., Ltd and SMBC Nikko Securities Inc. are underwriters.  Full Article

Morinaga Milk Industry raises consolidated mid-year and full-year outlook for FY 2016
Tuesday, 27 Oct 2015 02:00am EDT 

Morinaga Milk Industry Co Ltd:Says the company raised the consolidated mid-year outlook for the FY ending March 2016.Revenue forecast increased to 323,000 million yen from 318,000 million yen.Operating profit forecast increased to 10,100 million yen from 7,600 million yen.Ordinary profit forecast increased to 10,600 million yen from 8,000 million yen.Net profit forecast increased to 5,700 million yen from 3,900 million yen.Earnings per share forecast increased to 23.07 yen from 15.78 yen.Says the company raised the consolidated full-year outlook for the FY ending March 2016.Revenue forecast increased to 605,000 million yen from 600,000 million yen.Operating profit forecast increased to 12,700 million yen from 10,300 million yen.Ordinary profit forecast increased to 13,500 million yen from 11,000 million yen.Net profit forecast increased to 9,000 million yen from 5,000 million yen.Earnings per share forecast increased to 36.43 yen from 20.24 yen.Comments that cost reduction and extraordinary profit are the main reasons for the forecast.  Full Article

R&I affirms Morinaga Milk Industry Co Ltd's rating at "A-" and changes outlook to negative
Wednesday, 14 Oct 2015 02:00am EDT 

Morinaga Milk Industry Co Ltd:R&I affirms Morinaga Milk Industry Co Ltd's rating at "A-" and changes outlook to negative from stable.  Full Article

BRIEF-Morinaga Milk Industry to issue unsecured corporate bonds worth 10 bln yen

* Says it plans to issue 15th series unsecured corporate bonds worth 10 billion yen, with a coupon rate of 0.37 percent per annum