PROFILE |
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Nothing quenches your thirst like a nice tall glass of jelly -- Morinaga & Co. will attest to that. The company's Weider In Jelly, a jelly-like drink touted as a health food, has become a high-sales novelty item popular among athletes and sleepy commuters in Japan. (The drink is made in conjunction with Weider Nutrition International.) A confectioner since 1918, Morinaga makes candy, including chocolates and caramels, as well as cookies, cake mixes, canned soft drinks, snack foods, and ice cream. A subsidiary operates a chain of restaurants. The company also operates two fitness centers and provides physical and nutritional counseling. Japan accounts for about 90% of sales.
COMPETITION |
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Ezaki Glico Co., Ltd. (2206)
Meiji Seika Kaisha, Ltd. (2202)
Snow Brand Milk Products Co., Ltd. (dossier)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: March
2000 Sales (mil.): 1,884.20
1-Yr. Sales Growth: 25.4%
Employees: 2,345
Revenue per employee: $803,496.80
KEY PEOPLE |
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Gota Morinaga
CEO
CONTACT INFO |
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5-33-1 Shiba, Minato-ku
Tokyo 108-8403, Japan
Phone: 81-3-3456-0112
Fax: 81-3-3769-6129
Online: Web Site
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