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Suppliers · Producer · Food biotech

Morinaga Milk

Morinaga Milk Industry Co. Ltd. is a leading producer and seller of dairy products in Japan, including milk and ice cream, as well as other beverages and foods. The company also develops biochemical and pharmaceutical products.

active JapanAsia Founded 1917 Revenue: 402,571 million yen (FYE March 31, 2026) checked 2026-10-05

Profile

Morinaga Milk Industry Co., Ltd. manufactures and sells milk, dairy products, ice cream, beverages, and other foods, and also provides functional ingredients (including bifidobacteria and lactoferrin) and probiotics-related offerings for both domestic and global customers. Core technologies/products include bifidobacteria-based health ingredients and infant-formula/probiotic applications, with named products such as PURESTER and LAC-Shield®. Founded September 1, 1917; headquartered at 5-2 Higashishimbashi 1-chome, Minato-ku, Tokyo. Listed on the Tokyo Stock Exchange Prime Market (code 2264). Ownership: major shareholders include The Master Trust Bank of Japan and custody/trust banks (13.81%, 7.62%, etc.) plus Morinaga & Co. and employee shareholding (approx. 1.70% and 2.74%). Scale: consolidated employees 7,345 (as of Mar. 31, 2026); net sales ¥402.571bn and profit attributable to owners ¥9.831bn in FYE Mar. 2026. Key partners/customers include long-term raw-material supplier relationships around MILEI (Germany) and B-to-B customers supplying formula milk makers and processed-food producers. Latest 2025-2026 developments: Medium-term plan 2025–2028 focuses on yogurt/ice cream, bifidobacteria (reorganized global probiotics sales with a headquarters structure from Apr. 2025), and overseas formula milk; structural reforms include establishing a Marketing Division and Functional Food Ingredients Division and creating a Biotics Institute; and buybacks were conducted during FYE Mar. 2026, with dividends targeted at a higher payout ratio (40%). The company is clearly still active, reporting results and issuing forecasts for FY ending Mar. 31, 2027.

Sources#

Industry
Alternative proteins, Biorefining, Food ingredients, Industrial chemistry
Topics
Probiotics & cultures, Organic acids & bio-based chemicals
Role
Producer — “…aga Milk Industry Co., Ltd. manufactures and sells milk, dairy products, ice cream, beverages, and other foods…”

Bio-solutions it supplies 0

Not yet cited as a supplier in a graded solution.

What they offer

Subsidiaries: MILEI GmbH · Morinaga Nutritional Foods, Inc. · Morinaga Nutritional Foods Vietnam Joint Stock Company · NutriCo Morinaga (Private) Ltd. · PT. Kalbe Morinaga Indonesia · Morinaga Nutritional Foods (Asia Pacific) Pte., Ltd. · Turtle Island Foods, Inc. · Morinaga Le May Vietnam Joint Stock Company

News & status 6

Network: owners, partners, peers

Ownership & investors 8

subsidiaryMILEI GmbH
subsidiaryMorinaga Nutritional Foods, Inc
subsidiaryMorinaga Nutritional Foods Vietnam Joint Stock Company
subsidiaryNutriCo Morinaga
subsidiaryPT. Kalbe Morinaga Indonesia
subsidiaryMorinaga Nutritional Foods
subsidiaryTurtle Island Foods, Inc
subsidiaryMorinaga Le May Vietnam Joint Stock Company

Partners & deals 2

counterpartyMorinaga Milk Sales Co
…The company announced a plan to absorb its wholly owned subsidiary, Morinaga Milk Sales Co., Ltd., in April 2027.…
counterpartyLtd. (subsidiary to be merged)
…The company announced a plan to absorb its wholly owned subsidiary, Morinaga Milk Sales Co., Ltd., in April 2027.…

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