Morinaga Milk Industry's 'Integrated Report 2025' Receives Excellence Award at the 5th Nikkei Integrated Report Awards

Morinaga Milk Industry is pleased to announce that its 'Integrated Report 2025' has received an Excellence Award at the 5th Nikkei Integrated Report Awards, organized by Nikkei Inc. The Nikkei Integrated Report Awards recognize companies that are proactive in information disclosure by comprehensively integrating financial and non-financial data. The 5th edition of the awards saw a record-high participation of 504 companies and organizations, with winners selected through a rigorous review process by financial institution representatives, including institutional investors, and academic experts. This marks our second time receiving this honor, having previously won an Excellence Award at the 3rd Nikkei Integrated Report Awards. 5th Nikkei Integrated Report Awards Website: https://ps.nikkei.com/nira/ List of Winners for the 5th Nikkei Integrated Report Awards: https://ps.nikkei.com/nira/jushou25.html Morinaga Milk Industry Integrated Report 2025 (PDF) 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 annually as a tool for co-creation with our stakeholders, combining both financial and non-financial information. In the 'Integrated Report 2025,' we focused on reporting internal discussions and decision-making processes that could not be fully covered in other materials, aiming to enhance management transparency and differentiate the report from our other disclosures. We will continue to prioritize dialogue with our stakeholders, provide feedback from these interactions within the company, and strive for further enhancement of our corporate value. ◆ Jury Evaluation (Excerpt from judge comments) "With 'co-creation' at its core, it demonstrates..."