Morinaga Milk Industry's "Integrated Report 2025" Receives "Excellence Award" at the 5th Nikkei Integrated Report Awards
Morinaga Milk Industry announced that its "Integrated Report 2025" was awarded the Excellence Award at the 5th Nikkei Integrated Report Awards, organized by Nikkei Inc. This marks the company's second time receiving this honor. The report was recognized for its focus on transparency, specifically regarding internal discussions and decision-making processes.
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- 📰 Published: March 28, 2026 at 16:10
- 🔍 Collected: March 28, 2026 at 21:59 (5h 49m after Published)
- 🤖 AI Analyzed: April 15, 2026 at 06:34 (416h 35m after Collected)
Morinaga Milk Industry is pleased to announce that its "Integrated Report 2025" has received the Excellence Award at the "5th Nikkei Integrated Report Awards," hosted by Nikkei Inc.
The Nikkei Integrated Report Awards are organized by Nikkei Inc. to recognize companies that are proactive in information disclosure by comprehensively integrating financial and non-financial information. A record high of 504 companies and organizations participated in the 5th awards, with winners selected after rigorous screening by financial institution representatives, including institutional investors, and academic experts.
This is our second time receiving this award, having previously won an Excellence Award at the 3rd Nikkei Integrated Report Awards.
"5th Nikkei Integrated Report Awards" Website: https://ps.nikkei.com/nira/
"5th Nikkei Integrated Report Awards" List of Winning Companies: https://ps.nikkei.com/nira/jushou25.html
Morinaga Milk Industry Integrated Report 2025 (PDF file)
For Viewing: https://ssl4.eir-parts.net/doc/2264/ir_material2/260665/00.pdf
For Printing: https://ssl4.eir-parts.net/doc/2264/ir_material2/260663/00.pdf
We publish an integrated report every year that combines financial and non-financial information as a co-creation tool for all our stakeholders.
In the "Morinaga Milk Industry Integrated Report 2025," we focused on reporting internal discussions and the nature of decision-making that could not be fully included in our other materials. By doing so, we aimed to improve management transparency and differentiate the report from other company documents.
Moving forward, we will continue to prioritize dialogue with our stakeholders, feed the opinions we receive back into our company, and use them to further enhance our corporate value.
◆ Evaluation from the Judges (Excerpted from judge comments)
"A major characteristic is the focus on 'co-creation,' which enhances transparency and conviction by disclosing the background of internal discussions and decision-making processes not shown in other materials. The composition, which makes it easy to utilize for investment decisions, demonstrates a strong commitment to increasing corporate value."
"While it touches on ideas from a financial strategy perspective at a high level, the explanation of specific measures is lacking."
"We look forward to a phase where the company can prove that its attractive non-financial initiatives also have a positive impact on management performance, and we look forward to it becoming a model company."
"We hope to see the disclosure of a long-term value creation story aimed at realizing the future ideal state mentioned in the president's message: 'To become a company with distinct characteristics and high profit margins.'"
◆ Morinaga Milk Industry Corporate Website: https://www.morinagamilk.co.jp/
◆ Morinaga Milk Industry Corporate Website IR Information ~For Shareholders and Investors~: https://www.morinagamilk.co.jp/ir/
The Nikkei Integrated Report Awards are organized by Nikkei Inc. to recognize companies that are proactive in information disclosure by comprehensively integrating financial and non-financial information. A record high of 504 companies and organizations participated in the 5th awards, with winners selected after rigorous screening by financial institution representatives, including institutional investors, and academic experts.
This is our second time receiving this award, having previously won an Excellence Award at the 3rd Nikkei Integrated Report Awards.
"5th Nikkei Integrated Report Awards" Website: https://ps.nikkei.com/nira/
"5th Nikkei Integrated Report Awards" List of Winning Companies: https://ps.nikkei.com/nira/jushou25.html
Morinaga Milk Industry Integrated Report 2025 (PDF file)
For Viewing: https://ssl4.eir-parts.net/doc/2264/ir_material2/260665/00.pdf
For Printing: https://ssl4.eir-parts.net/doc/2264/ir_material2/260663/00.pdf
We publish an integrated report every year that combines financial and non-financial information as a co-creation tool for all our stakeholders.
In the "Morinaga Milk Industry Integrated Report 2025," we focused on reporting internal discussions and the nature of decision-making that could not be fully included in our other materials. By doing so, we aimed to improve management transparency and differentiate the report from other company documents.
Moving forward, we will continue to prioritize dialogue with our stakeholders, feed the opinions we receive back into our company, and use them to further enhance our corporate value.
◆ Evaluation from the Judges (Excerpted from judge comments)
"A major characteristic is the focus on 'co-creation,' which enhances transparency and conviction by disclosing the background of internal discussions and decision-making processes not shown in other materials. The composition, which makes it easy to utilize for investment decisions, demonstrates a strong commitment to increasing corporate value."
"While it touches on ideas from a financial strategy perspective at a high level, the explanation of specific measures is lacking."
"We look forward to a phase where the company can prove that its attractive non-financial initiatives also have a positive impact on management performance, and we look forward to it becoming a model company."
"We hope to see the disclosure of a long-term value creation story aimed at realizing the future ideal state mentioned in the president's message: 'To become a company with distinct characteristics and high profit margins.'"
◆ Morinaga Milk Industry Corporate Website: https://www.morinagamilk.co.jp/
◆ Morinaga Milk Industry Corporate Website IR Information ~For Shareholders and Investors~: https://www.morinagamilk.co.jp/ir/