Morinaga Milk Industry Co., Ltd.

Morinaga Milk Industry is expanding its shareholder benefits program and moving the record date from September 30 to March 31 each year. This measure follows the stock split effective July 1, which will divide each share into four. Benefits will be enhanced starting from the most recent record date of September 30, with shareholders of 200 or more shares able to choose products worth 1,500 yen, those with 400 or more shares receiving 2,500 yen worth, and those with 1,000 or more shares receiving 6,000 yen worth, or an equivalent donation. From the record date of March 31, 2027, continuous holding requirements and long-term holding incentives will be added, and no benefits will be offered for the record date of September 30, 2027. In the first quarter of fiscal year ending March 2027, the company reported net sales of 147.099 billion yen (up 2.4% year on year) and operating profit of 9.977 billion yen (up 12.9% year on year), with overseas operations boosting operating profit by about 80% and driving consolidated profit growth.

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