Morinaga : (Updated)Notice Regarding Correction to Figures Presented in Consolidated Financial Summary for the Nine Months Ended December 31, 2021
March 09, 2022 at 05:31 am
Share
Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
March 9, 2022
Press Release
Company name: MORINAGA & CO., LTD.
Representative: Eijiro Ota, Representative Director, President
(Code: 2201; First Section of Tokyo Stock Exchange)
Contact: Ayako Kunichika
Executive Officer, General Manager,
Corporate Communication Division
(TEL: +81-03-3456-0150)
(Updated)Notice Regarding Correction to Figures Presented in
Consolidated Financial Summary for the Nine Months Ended December 31, 2021
MORINAGA & CO., LTD. (the "Company") today announced that it has corrected a number of figures presented in the Supplementary Information section of the Company's Consolidated Financial Summary for the Nine Months Ended December 31, 2021, as outlined in the tables below. The corrected figures have been underlined.
1. Reason for correction
Following the release of the Consolidated Financial Summary for the Nine Months Ended December 31, 2021, it was ascertained that a number of the presented figures were incorrect.
2. Correction details
A number of figures included in a table under "4. Net sales in focus domains prioritized in the 2030 Business Plan" in the "3. Supplementary Information" section on page 12 of the Consolidated Financial Summary for the Nine Months Ended December 31, 2021 have been corrected.
Prior to correction
(Million yen)
Year ended March
Year ending March
Focus domain
31, 2021 3Q ended
31, 2022 3Q ended
Year-on-year
Year-on-year
December 31,
December 31,
comparisons
change (%)
2020
2021
"in" business
19,117
22,865
3,748
+19.6%
Direct marketing
5,579
6,700
1,121
+20.1%
business
U.S. business
5,507
7,553
2,046
+37.2%
Frozen desserts
32,312
33,484
1,172
+3.6%
business
Total
62,516
70,604
8,088
+12.9%
Following correction
(Million yen)
Year ended March
Year ending March
Focus domain
31, 2021 3Q ended
31, 2022 3Q ended
Year-on-year
Year-on-year
December 31,
December 31,
comparisons
change (%)
2020
2021
"in" business
19,117
22,895
3,778
+19.8%
Direct marketing
5,579
6,700
1,121
+20.1%
business
U.S. business
5,507
7,553
2,046
+37.2%
Frozen desserts
32,312
33,484
1,172
+3.6%
business
Total
62,516
70,634
8,118
+13.0%
Attachments
Original Link
Original Document
Permalink
Disclaimer
Morinaga & Co. Ltd. published this content on 09 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 March 2022 10:30:09 UTC.
Morinaga & Co., Ltd. is a Japan-based company mainly engaged in food manufacturing, food wholesale, real estate and services etc. The Company operates in three segments. The Food Manufacturing segment is engaged in manufacturing of confectionaries, foods, frozen desserts, jelly drinks, etc. The Food Wholesale segment is engaged in wholesales of commercial food. The Real Estate and Services segment is engaged in real estate rental business and management of golf courses. Other business involves in the financial services and other activities.