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Morinaga Milk Industry has delivered a 64.3% return over the past three years, which puts a spotlight on whether the current share price is adequately supported by the cash it is expected to generate. With sentiment already influenced by that track record, the question now is how that performance lines up against what a Discounted Cash Flow (DCF) view of the business suggests about intrinsic value. A 64.3% gain over three years means long term holders are sitting on sizeable profits, which...
TOKYO, July 07, 2026--Morinaga Milk Industry Co., Ltd. (TOKYO:2264), a leading Japanese dairy and functional ingredient company, today announced that it has achieved self-affirmed GRAS (Generally Recognized As Safe) status in the United States for LAC-Living+™ (L. helveticus MCC1848), its proprietary postbiotic ingredient. This milestone expands the commercial availability of LAC-Living+ in the U.S. market and enables its use in dietary supplements, functional foods, and beverages, supporting th
Japanese government fair trade watchdog officials have raided six major ice cream makers on suspicion of price fixing. Tokyo-based Meiji Co. said in a statement Tuesday that it had been raided on suspicion of violating anti-monopoly laws. “We accept with sincerity the fact that our company was raided, and we promise to cooperate fully with the Japan Fair Trade Commission investigation,” it said.
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