2264MORINAGA MILK INDUSTRY CO.,LTD.¥ --

MORINAGA MILK INDUSTRY CO.,LTD.

2264

TSE PrimeFoods

¥ -

Track MORINAGA MILK INDUSTRY CO.,LTD. (2264) issued, treasury and outstanding shares over time, split-adjusted, alongside annual share buyback amounts.

Share count & buybacks

bar_chartShare count & buyback summary

Shares outstanding

2026-03

81Mshares

Treasury 5M

5-year change

2021 → 2026-03

-18.5%

Outstanding, split-adjusted

10-year change

2016 → 2026-03

-18.4%

Outstanding, split-adjusted

Share buybacks

2026-03

¥10.0B

Prior ¥11.2B

Share count over time

Each bar is the issued share count. Buybacks grow treasury shares; cancelling them shrinks the issued count itself.

Unit: million shares

Splits: 2017-10-01: 5-for-1 reverse split; 2023-12-01: 2-for-1 split; 2026-07-01: 4-for-1 split (effective date)

Financial research

Related: Are stocks really stronger after a split?

※ 2018-03: 1-for-5 reverse split; 2024-03: 2-for-1 split. From this period, the earnings release reports post-split share counts (this can start before the effective date).

Split-adjusted restates earlier share counts on today's basis. As reported shows the figures in each earnings release, which cannot be compared across a split.

Some treasury share counts are filled from annual or quarterly reports where no earnings release exists.

Shareholder returns over time

Cash returned to shareholders each year: dividends paid plus share buybacks, with the total payout ratio ((dividends + buybacks) ÷ net income).

Unit: ¥ billion

—

Periods without a reported amount show "—". This does not necessarily mean nothing was paid or repurchased.

Buybacks are the amount spent on repurchases; treasury shares later handed out (for example as stock compensation) are not deducted, except where a company reports a net figure. See Treasury share disposals below.

The ratio uses net income attributable to owners of the parent, for the latest five years. Loss-making years are not shown. Dividends are the cash paid during the year (including the prior year-end dividend), so the ratio may differ from the one a company publishes.

Share buyback programs

Buyback authorisations and the latest reported progress (TDnet)

Ended (completion filed)
Resolved 2025-05-13
Period: 2025-05-14 – 2026-03-31 · Open market
自己株式取得に係る事項の決定に関するお知らせ
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Max shares
3,800,000
Max amount
¥10.0B
Share of issued
4.55%treasury treatment not stated
Cumulative to 2026-03-25Log in to view
2,865,300 shares · ¥10.0B
Shares75.4%
Value100.0%
Ended (completion filed)
Resolved 2024-05-14
Period: 2024-05-15 – 2024-10-31 · Open market
自己株式取得に係る事項の決定および自己株式の消却に関するお知らせ
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Max shares
3,400,000
Max amount
¥10.0B
Share of issued
3.92%treasury treatment not stated
Cumulative to 2024-10-31Log in to view
2,932,800 shares · ¥10.0B
Shares86.3%
Value100.0%
Ended (completion filed)
Resolved 2023-05-15
Period: 2023-05-16 – 2023-10-31 · Open market
自己株式取得に係る事項の決定および自己株式の消却に関するお知らせ
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Max shares
2,300,000
Max amount
¥10.0B
Share of issued
5.08%treasury treatment not stated
Cumulative to 2023-10-31Log in to view
1,856,400 shares · ¥10.0B
Shares80.7%
Value100.0%
Ended (completion filed)
Resolved 2022-02-28
Period: not stated · Off-auction trading (ToSTNeT)
自己株式の取得及び自己株式立会外買付取引（ToSTNeT-3）による自己株式の買付けに関するお知らせ
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Max shares
4,400,000
Max amount
¥26.4B
No progress filed yet.
Ended (period ended)
Resolved 2018-11-02
Period: 2018-11-02 – 2018-11-09 · Other
自己株式取得に係る事項の決定に関するお知らせ
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Max shares
11,200
Max amount
¥35M
Share of issued
0.02%of issued shares excluding treasury
No progress filed yet.

Progress divides the latest reported cumulative total by the cap. The share of issued shares is the figure stated by the company.

"Status unknown" means no end date, completion filing or cap was found; it is not necessarily in progress.

A tender offer's announcement, amendments and execution are combined only when the later filing explicitly cites the earlier one.

Data as of 2026-09-30

Treasury share disposals

Disclosures of treasury shares handed out for share-based pay, employee ownership plans, allotments or M&A (TDnet)

2026-08-10Payment date

Restricted stock

Recipient: Directors
Shares: 57,000
Amount: ¥69M

譲渡制限付株式報酬としての自己株式の処分の払込完了に関するお知らせLog in to view2026-08-10

2025-08-12Payment date

Restricted stock

Recipient: Directors
Shares: 23,900
Amount: ¥80M

譲渡制限付株式報酬としての自己株式の処分の払込完了に関するお知らせLog in to view2025-08-12

2024-08-09Payment date

Restricted stock

Recipient: Directors
Shares: 23,800
Amount: ¥83M

譲渡制限付株式報酬としての自己株式の処分の払込完了に関するお知らせLog in to view2024-08-09

2023-08-01Payment date

Restricted stock

Recipient: Directors
Shares: 14,000
Amount: ¥65M

譲渡制限付株式報酬としての自己株式の処分の払込完了に関するお知らせLog in to view2023-08-01

2022-08-01Payment date

Restricted stock

Recipient: Directors
Shares: 12,600
Amount: ¥64M

譲渡制限付株式報酬としての自己株式の処分の払込完了に関するお知らせLog in to view2022-08-01

Date	Purpose	Recipient	Shares	Amount	Disclosure
2026-08-10Payment date	Restricted stock	Directors	57,000	¥69M	譲渡制限付株式報酬としての自己株式の処分の払込完了に関するお知らせLog in to view2026-08-10
2025-08-12Payment date	Restricted stock	Directors	23,900	¥80M	譲渡制限付株式報酬としての自己株式の処分の払込完了に関するお知らせLog in to view2025-08-12
2024-08-09Payment date	Restricted stock	Directors	23,800	¥83M	譲渡制限付株式報酬としての自己株式の処分の払込完了に関するお知らせLog in to view2024-08-09
2023-08-01Payment date	Restricted stock	Directors	14,000	¥65M	譲渡制限付株式報酬としての自己株式の処分の払込完了に関するお知らせLog in to view2023-08-01
2022-08-01Payment date	Restricted stock	Directors	12,600	¥64M	譲渡制限付株式報酬としての自己株式の処分の払込完了に関するお知らせLog in to view2022-08-01

Period-end treasury share counts already reflect these disposals; they are not calculated by adding these figures.

Period-end share counts

As reported in each earnings release

2026-03

Issued: 86,179,786
Treasury: 5,486,154
Outstanding: 80,693,632
Buybacks: ¥10.0B
Dividends paid: ¥7.5B

Report

2025-03

Issued: 89,045,086
Treasury: 5,523,456
Outstanding: 83,521,630
Buybacks: ¥11.2B
Dividends paid: ¥9.0B

Report

2024-032-for-1 split

Issued: 91,977,886
Treasury: 5,186,470
Outstanding: 86,791,416
Buybacks: ¥10.0B
Dividends paid: ¥4.1B

Report

2023-03

Issued: 47,845,343
Treasury: 2,607,118
Outstanding: 45,238,225
Buybacks: ¥8M
Dividends paid: ¥3.6B

Report

2022-03

Issued: 49,845,343
Treasury: 4,641,538
Outstanding: 45,203,805
Buybacks: ¥24.8B
Dividends paid: ¥3.5B

Report

2021-03

Issued: 49,834,143
Treasury: 346,315
Outstanding: 49,487,828
Buybacks: ¥17M
Dividends paid: ¥3.0B

Report

2020-03

Issued: 49,823,443
Treasury: 342,898
Outstanding: 49,480,545
Buybacks: ¥9M
Dividends paid: ¥2.7B

Report

2019-03

Issued: 49,810,043
Treasury: 351,669
Outstanding: 49,458,374
Buybacks: ¥11M
Dividends paid: ¥2.5B

Report

2018-031-for-5 reverse split

Issued: 49,795,443
Treasury: 328,141
Outstanding: 49,467,302
Buybacks: ¥37M
Dividends paid: ¥2.2B

2017-03

Issued: 248,977,218
Treasury: 1,596,880
Outstanding: 247,380,338
Buybacks: ¥28M
Dividends paid: ¥1.7B

Report

Fiscal year	Issued	Treasury	Outstanding	Buybacks	Dividends paid	Source
2026-03	86,179,786	5,486,154	80,693,632	¥10.0B	¥7.5B	Report
2025-03	89,045,086	5,523,456	83,521,630	¥11.2B	¥9.0B	Report
2024-032-for-1 split	91,977,886	5,186,470	86,791,416	¥10.0B	¥4.1B	Report
2023-03	47,845,343	2,607,118	45,238,225	¥8M	¥3.6B	Report
2022-03	49,845,343	4,641,538	45,203,805	¥24.8B	¥3.5B	Report
2021-03	49,834,143	346,315	49,487,828	¥17M	¥3.0B	Report
2020-03	49,823,443	342,898	49,480,545	¥9M	¥2.7B	Report
2019-03	49,810,043	351,669	49,458,374	¥11M	¥2.5B	Report
2018-031-for-5 reverse split	49,795,443	328,141	49,467,302	¥37M	¥2.2B	—
2017-03	248,977,218	1,596,880	247,380,338	¥28M	¥1.7B	Report

† Filled from annual or quarterly reports for periods without an earnings release.

For dividends per share and payout ratios, see Dividends.