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Morinaga (TSE:2201) 5-Year Yield-on-Cost % : 3.81 (As of May. 25, 2024)


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What is Morinaga 5-Year Yield-on-Cost %?

Morinaga's yield on cost for the quarter that ended in Dec. 2023 was 3.81.


The historical rank and industry rank for Morinaga's 5-Year Yield-on-Cost % or its related term are showing as below:

TSE:2201' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.08   Med: 2.93   Max: 5.54
Current: 3.81


During the past 13 years, Morinaga's highest Yield on Cost was 5.54. The lowest was 1.08. And the median was 2.93.


TSE:2201's 5-Year Yield-on-Cost % is ranked better than
66.24% of 1102 companies
in the Consumer Packaged Goods industry
Industry Median: 2.66 vs TSE:2201: 3.81

Competitive Comparison of Morinaga's 5-Year Yield-on-Cost %

For the Confectioners subindustry, Morinaga's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Morinaga's 5-Year Yield-on-Cost % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Morinaga's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Morinaga's 5-Year Yield-on-Cost % falls into.



Morinaga 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Morinaga is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Morinaga  (TSE:2201) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Morinaga 5-Year Yield-on-Cost % Related Terms

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Morinaga (TSE:2201) Business Description

Traded in Other Exchanges
N/A
Address
5-33-1 Shiba, Minato-ku, Tokyo, JPN, 108-8403
Morinaga & Co Ltd is a Japan-based confectionery company. It has developed a diverse range of confectionery products, canned soft drinks and ice cream that are delicious, fun, and healthy. The company's products are divided into five main divisions, Confectioneries, Foods, Frozen Desserts, Weider, and Healthcare. Confectionaries include Morinaga Biscuits, Chocoball chocolate, Dars chocolate, Koeda chocolate, and HI-CHEW candy. Foods include Morinaga Cocoa; Frozen Desserts include Choco Monaka Jumbo; Weider products include Weider in Jelly; and Healthcare products include Seisho-sabo, Kenpo-shukan, and Collagen drink.

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