Morinaga Milk Industry Co Ltd 2017 AR2
The report highlights Morinaga Milk Industry's performance and strategic initiatives for the fiscal year ended March 31, 2017, marking its 100th anniversary. The company achieved record-high operating income of ¥21.1 billion, representing a 47.4% increase year-on-year, despite a slight decrease in net sales to ¥592.6 billion. Key achievements include the expansion of its functional ingredients business, particularly the LAC-Shield™ strain, and progress in its international business, notably the capacity expansion at its German subsidiary, Milei GmbH. On the environmental front, the company reduced its CO2 emissions to 466,000 tons and achieved a recycling ratio of 98.9% across its plants in Japan.
Company: Morinaga Milk Industry Co Ltd
Sector: Consumer Staples
Country: Japan
Year: 2017
Type: AR2
Pages: 70
Morinaga Milk Industry Co Ltd
Annual Report
The report highlights Morinaga Milk Industry's performance and strategic initiatives for the fiscal year ended March 31, 2017, marking its 100th anniversary. The company achieved record-high operating income of ¥21.1 billion, representing a 47.4% increase year-on-year, despite a slight decrease in net sales to ¥592.6 billion. Key achievements include the expansion of its functional ingredients business, particularly the LAC-Shield™ strain, and progress in its international business, notably the capacity expansion at its German subsidiary, Milei GmbH. On the environmental front, the company reduced its CO2 emissions to 466,000 tons and achieved a recycling ratio of 98.9% across its plants in Japan.
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Document Details
Report Year
2017
Reporting Period
Apr 1, 2016 - Mar 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Total Waste
Employees