Morinaga & Company: Difference between revisions
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{{Short description|Japanese confectionery company}} |
{{Short description|Japanese confectionery company}} |
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{{distinguish|Moringa (genus)|Morina}} |
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{{Use mdy dates|date=January 2019}} |
{{Use mdy dates|date=January 2019}} |
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{{Infobox company |
{{Infobox company |
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|name |
| name = Morinaga & Co., Ltd. |
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|native_name |
| native_name = 森永製菓株式会社 |
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|native_name_lang = ja |
| native_name_lang = ja |
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|logo |
| logo = |
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|logo_size |
| logo_size = 200px |
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| image = Morinaga headquarters.jpg |
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|type |
| type = [[Public Company|Public]] ([[Kabushiki gaisha|K.K]]) |
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|traded_as |
| traded_as = {{TYO|2201}} |
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|ISIN |
| ISIN = {{ISIN|sl=n|pl=y|JP3926400007}} |
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|foundation |
| foundation = {{Start date and age|1899|08|15}} as Morinaga’s Western Confectionary Shop |
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|founder = [[Taichiro Morinaga]] |
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|hq_location_city = [[Shiba, Minato, Tokyo]], 108-8403 |
| founder = [[Taichiro Morinaga]] |
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| hq_location_city = [[Shiba, Minato, Tokyo]], 108-8403 |
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|hq_location_country = Japan |
| hq_location_country = Japan |
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|key_people = |
| key_people = Eijiro Ota<ref>{{Cite web |url=https://www.morinaga.co.jp/company/english/about/message.html |title=Message from the President |accessdate=2024-01-08}}</ref> <small><br>([[President (corporate title)|President]])</small> |
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|industry |
| industry = [[Food industry|Food]] |
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|products |
| products = {{unbulleted list |[[Confectionery]]|[[Beverages]]|[[Chocolate|Cocoa]]|[[Chilled food|Chilled desserts]]|[[Health food]]}} |
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| |
| subsid = [[Morinaga Milk Industry]] (10.34%) |
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⚫ | |||
|subsid = [[Morinaga Milk Industry]] (10.34%) |
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⚫ | |||
([[US dollar|US$]] 1.9 billion) (FY 2017) |
([[US dollar|US$]] 1.9 billion) (FY 2017) |
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|net_income |
| net_income = {{decrease}} JPY 10.2 billion (FY 2017) |
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(US$ 97 million) (FY 2017) |
(US$ 97 million) (FY 2017) |
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|num_employees |
| num_employees = 3,170 (consolidated, as of March 31, 2018) |
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|area_served |
| area_served = Worldwide |
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|homepage |
| homepage = {{Official website|https://www.morinaga.co.jp/company/english/}} |
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|footnotes |
| footnotes = <ref>{{cite web |url=https://www.morinaga.co.jp/company/english/about/outline.html |title=Corporate Profile |publisher=Morinaga & Company |accessdate=January 9, 2019}}</ref><ref>{{cite web |url=https://asia.nikkei.com/Companies/Morinaga-Co.-Ltd |title=Company Profile |work=[[Nikkei Asian Review]] |publisher=[[Nikkei Inc.]] |accessdate=January 17, 2019 |archive-date=October 5, 2022 |archive-url=https://web.archive.org/web/20221005192059/https://asia.nikkei.com/Companies/Morinaga-Co.-Ltd |url-status=dead }}</ref><ref name="FT">{{cite web |url=https://markets.ft.com/data/equities/tearsheet/profile?s=2201:TYO |title=About the company |publisher=[[Financial Times]] |accessdate=January 17, 2019}}</ref> |
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}} |
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{{nihongo|'''Morinaga & Company, Ltd.'''|森永製菓株式会社|Morinaga Seika Kabushiki-gaisha}} is a global [[confectionery]] company in [[Tokyo]], Japan, in operation since 1899.<ref name="Picken2016">{{cite book |first=Stuart D.B. |last=Picken |title=Historical Dictionary of Japanese Business |date=December 19, 2016 |publisher=[[Rowman & Littlefield]] |isbn=978-1-4422-5589-0 |page=282}}</ref> Their products include [[candy]] and other confectioneries.<ref name="FT"/> |
{{nihongo|'''Morinaga & Company, Ltd.'''|森永製菓株式会社|Morinaga Seika Kabushiki-gaisha}} is a global [[confectionery]] company in [[Tokyo]], Japan, in operation since 1899.<ref name="Picken2016">{{cite book |first=Stuart D.B. |last=Picken |title=Historical Dictionary of Japanese Business |date=December 19, 2016 |publisher=[[Rowman & Littlefield]] |isbn=978-1-4422-5589-0 |page=282}}</ref> Their products include [[candy]] and other confectioneries.<ref name="FT"/> |
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Morinaga is loosely affiliated with [[Morinaga Milk Industry|Morinaga Milk Industry Co., Ltd.]], a public company in which Morinaga & Company holds 10.34% of the stock. |
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⚫ | In 1960, the company advertised that women should give [[chocolate]]s to men on [[Valentine's Day]]. This action strongly influenced the present culture of [[Valentine's Day]] in Japan. Moreover, in 2009, the company made [[Chocolate|chocolates]] for men to give women, which are called ''Gyaku-choco''. (''Gyaku'' means ''reverse'' in Japanese.) |
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== |
== Brands == |
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Major Morinaga brands include:<ref>{{Cite web |title=Group Network {{!}} About Us {{!}} Morinaga&Co., Ltd. |url=https://www.morinaga.co.jp/company/english/about/group.html |access-date=2024-02-29 |website=www.morinaga.co.jp |language=en}}</ref><ref>{{Cite web |title=Introduction of Business Fields {{!}} About Us {{!}} Morinaga & Co., Ltd. |url=https://www.morinaga.co.jp/company/english/about/business.html |access-date=2024-02-29 |website=www.morinaga.co.jp |language=en}}</ref> |
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*[[Morinaga Milk Industry|Morinaga Milk Industry Co., Ltd.]] |
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*Morinaga & Company North America, Inc. |
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* |
* [[Hi-Chew]] |
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* In Jelly / Chargel |
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**[[Push Pop]] |
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* Choco Monaka Jumbo |
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**[[Baby Bottle Pop]] |
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* Ice Box |
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**[[Juicy Drop Pop|Juicy Drop]] |
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* DARS |
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* Morinaga Biscuits |
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* Morinaga Milk Cocoa |
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* Morinaga Amazake |
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* Morinaga Chocoball |
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* Packncho (license manufacturer) |
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* [[Werther's Original]] (Japan distributor) |
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* [[Pez]] (Japan distributor) |
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== History == |
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The company was founded in 1899 by Taichiro Morinaga, who opened a Western confectionery shop in Tokyo after returning from the United States. It was incorporated as Morinaga & Co., Ltd. in 1912.<ref>{{Cite web |title=Corporate Development and History {{!}} About Us {{!}} Morinaga & Co., Ltd. |url=https://www.morinaga.co.jp/company/english/about/history.html |access-date=2024-02-29 |website=www.morinaga.co.jp |language=en}}</ref> |
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In 1944, during [[World War II]], Morinaga created Japan's first domestically produced [[penicillin]].<ref name=":0">{{Cite web |title=Showa Era {{!}} Corporate Development and History {{!}} About Us {{!}} Morinaga & Co., Ltd. |url=https://www.morinaga.co.jp/company/english/about/history02.html |access-date=2024-02-29 |website=www.morinaga.co.jp |language=en}}</ref> |
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⚫ | In 1960, the company advertised that women should give [[chocolate]]s to men on [[Valentine's Day]]. This action strongly influenced the present culture of [[Valentine's Day]] in Japan.<ref name=":0" /> Moreover, in 2009, the company made [[Chocolate|chocolates]] for men to give women, which are called ''Gyaku-choco''. (''Gyaku'' means ''reverse'' in Japanese.) |
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Morinaga began selling its popular Hi-Chew candy in the US market in 2008. The candy quickly became popular among [[baseball]] players, a fad started by Japanese baseball player [[Junichi Tazawa]] of the [[Boston Red Sox]]. Morinaga signed a sponsorship deal with the Red Sox in 2012 and Hi-Chew's popularity spread quickly in the 2010s. Morinaga began reverse imports of American Hi-Chew flavors to Japan in 2023.<ref>{{Cite news |date=2023-07-25 |title=Dream come chew: Japanese candy fans to get reverse imports of US Hi-Chew flavors |url=https://mainichi.jp/english/articles/20230725/p2a/00m/0bu/021000c |access-date=2024-02-29 |work=Mainichi Daily News |language=en}}</ref><ref name=":1">{{Cite web |date=2017-03-28 |title=How North Carolina became the home of Japan's #1 candy |url=https://thecounter.org/north-carolina-became-home-japans-1-candy/ |access-date=2024-02-29 |website=The Counter |language=en-US}}</ref> |
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Morinaga has had [[Ayumi Hamasaki]] and [[Mao Asada]] appear in their commercials, and in the past has used stars such as the [[The Carpenters|Carpenters]] to advertise their products. |
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== Locations == |
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Morinaga is headquartered in the Shiba district of [[Minato, Tokyo]], adjacent to [[Tamachi Station (Tokyo)|Tamachi Station]], and has production facilities in [[Tsurumi-ku, Yokohama]], [[Oyama, Tochigi]], [[Mishima, Shizuoka]], and [[Anjō|Anjo, Aichi]].<ref>{{Cite web |title=Business Office Guide {{!}} About Us {{!}} Morinaga&Co., Ltd. |url=https://www.morinaga.co.jp/company/english/about/office.html |access-date=2024-02-29 |website=www.morinaga.co.jp |language=en}}</ref> |
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Morinaga began manufacturing Hi-Chew candy in [[Mebane, North Carolina]] in 2016. Morinaga announced plans for a second Mebane factory in 2024, scheduled to begin manufacturing in 2027.<ref name=":1" /><ref>{{Cite web |date=2024-07-16 |title=Maker of HI-CHEW candy is building a 2nd NC plant. Here’s what it plans for Mebane site |url=https://finance.yahoo.com/news/japanese-candy-company-hi-chew-160005271.html |access-date=2024-09-26 |website=Yahoo Finance |language=en-US}}</ref> |
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==See also== |
==See also== |
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*[[Glico Morinaga case]] |
*[[Glico Morinaga case]] |
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*[[Marie biscuit]] |
*[[Marie biscuit]] |
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*[[Hi-Chew]] |
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==References== |
==References== |
Latest revision as of 14:53, 26 September 2024
Native name | 森永製菓株式会社 |
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Company type | Public (K.K) |
TYO: 2201 | |
ISIN | JP3926400007 |
Industry | Food |
Founded | August 15, 1899 | as Morinaga’s Western Confectionary Shop
Founder | Taichiro Morinaga |
Headquarters | Shiba, Minato, Tokyo, 108-8403 , Japan |
Area served | Worldwide |
Key people | Eijiro Ota[1] (President) |
Products | |
Revenue | JPY 205 billion (FY 2017) (US$ 1.9 billion) (FY 2017) |
JPY 10.2 billion (FY 2017) (US$ 97 million) (FY 2017) | |
Number of employees | 3,170 (consolidated, as of March 31, 2018) |
Subsidiaries | Morinaga Milk Industry (10.34%) |
Website | Official website |
Footnotes / references [2][3][4] |
Morinaga & Company, Ltd. (森永製菓株式会社, Morinaga Seika Kabushiki-gaisha) is a global confectionery company in Tokyo, Japan, in operation since 1899.[5] Their products include candy and other confectioneries.[4]
Morinaga is loosely affiliated with Morinaga Milk Industry Co., Ltd., a public company in which Morinaga & Company holds 10.34% of the stock.
Brands
[edit]Major Morinaga brands include:[6][7]
- Hi-Chew
- In Jelly / Chargel
- Choco Monaka Jumbo
- Ice Box
- DARS
- Morinaga Biscuits
- Morinaga Milk Cocoa
- Morinaga Amazake
- Morinaga Chocoball
- Packncho (license manufacturer)
- Werther's Original (Japan distributor)
- Pez (Japan distributor)
History
[edit]The company was founded in 1899 by Taichiro Morinaga, who opened a Western confectionery shop in Tokyo after returning from the United States. It was incorporated as Morinaga & Co., Ltd. in 1912.[8]
In 1944, during World War II, Morinaga created Japan's first domestically produced penicillin.[9]
In 1960, the company advertised that women should give chocolates to men on Valentine's Day. This action strongly influenced the present culture of Valentine's Day in Japan.[9] Moreover, in 2009, the company made chocolates for men to give women, which are called Gyaku-choco. (Gyaku means reverse in Japanese.)
Morinaga began selling its popular Hi-Chew candy in the US market in 2008. The candy quickly became popular among baseball players, a fad started by Japanese baseball player Junichi Tazawa of the Boston Red Sox. Morinaga signed a sponsorship deal with the Red Sox in 2012 and Hi-Chew's popularity spread quickly in the 2010s. Morinaga began reverse imports of American Hi-Chew flavors to Japan in 2023.[10][11]
Morinaga has had Ayumi Hamasaki and Mao Asada appear in their commercials, and in the past has used stars such as the Carpenters to advertise their products.
Locations
[edit]Morinaga is headquartered in the Shiba district of Minato, Tokyo, adjacent to Tamachi Station, and has production facilities in Tsurumi-ku, Yokohama, Oyama, Tochigi, Mishima, Shizuoka, and Anjo, Aichi.[12]
Morinaga began manufacturing Hi-Chew candy in Mebane, North Carolina in 2016. Morinaga announced plans for a second Mebane factory in 2024, scheduled to begin manufacturing in 2027.[11][13]
See also
[edit]References
[edit]- ^ "Message from the President". Retrieved January 8, 2024.
- ^ "Corporate Profile". Morinaga & Company. Retrieved January 9, 2019.
- ^ "Company Profile". Nikkei Asian Review. Nikkei Inc. Archived from the original on October 5, 2022. Retrieved January 17, 2019.
- ^ a b "About the company". Financial Times. Retrieved January 17, 2019.
- ^ Picken, Stuart D.B. (December 19, 2016). Historical Dictionary of Japanese Business. Rowman & Littlefield. p. 282. ISBN 978-1-4422-5589-0.
- ^ "Group Network | About Us | Morinaga&Co., Ltd". www.morinaga.co.jp. Retrieved February 29, 2024.
- ^ "Introduction of Business Fields | About Us | Morinaga & Co., Ltd". www.morinaga.co.jp. Retrieved February 29, 2024.
- ^ "Corporate Development and History | About Us | Morinaga & Co., Ltd". www.morinaga.co.jp. Retrieved February 29, 2024.
- ^ a b "Showa Era | Corporate Development and History | About Us | Morinaga & Co., Ltd". www.morinaga.co.jp. Retrieved February 29, 2024.
- ^ "Dream come chew: Japanese candy fans to get reverse imports of US Hi-Chew flavors". Mainichi Daily News. July 25, 2023. Retrieved February 29, 2024.
- ^ a b "How North Carolina became the home of Japan's #1 candy". The Counter. March 28, 2017. Retrieved February 29, 2024.
- ^ "Business Office Guide | About Us | Morinaga&Co., Ltd". www.morinaga.co.jp. Retrieved February 29, 2024.
- ^ "Maker of HI-CHEW candy is building a 2nd NC plant. Here's what it plans for Mebane site". Yahoo Finance. July 16, 2024. Retrieved September 26, 2024.
External links
[edit]- (in Japanese) Morinaga & Company
- (in English) Morinaga & Company corporate profile
- Morinaga & Company
- Food and drink companies based in Tokyo
- Japanese brands
- Food and drink companies established in 1899
- Japanese companies established in 1899
- Companies listed on the Tokyo Stock Exchange
- Japanese brand foods
- Confectionery companies of Japan
- 1940s initial public offerings
- Japanese company stubs