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MorinagaTSE:2201 -0.40%85 5-Year Yield-on-Cost % is 4.24 as of Jul. 23, 2026, which is 31% above its 10-year median of 3.23. GuruFocus rates TSE:2201 with a GF Score™ of 85/100 and a GF Value™ of 円3,110.35 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,169 Consumer Packaged Goods companies, Morinaga ranks better than 59.28% on this metric.
Morinaga's yield on cost for the quarter that ended in Mar. 2026 was 4.24.
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: 1.1 Med: 3.23 Max: 6.27
Current: 4.24
During the past 13 years, Morinaga's highest Yield on Cost was 6.27. The lowest was 1.10. And the median was 3.23.
TSE:2201's 5-Year Yield-on-Cost % is ranked better than 59.28% of 1169
companies
in the Consumer Packaged Goods industry
Industry Median: 3.41
vs TSE:2201: 4.24
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
TSE:2201 vs MDLZ, HSY, TR: 5-Year Yield-on-Cost % Comparison
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 5-Year Yield-on-Cost % vs 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.
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
Morinaga (TSE:2201) has a 5-Year Yield-on-Cost % of 4.24 as of Jul. 23, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Morinaga and its competitors. This is 31% above median its historical median of 3.23. Over the past decade, Morinaga's 5-Year Yield-on-Cost % has ranged from 1.10 to 6.27. According to the industry distribution chart, Morinaga ranks #476 out of 1169 companies in the Consumer Packaged Goods industry, placing it in the top 40.7%.
Is Morinaga's 5-Year Yield-on-Cost % too high?
Morinaga's current 5-Year Yield-on-Cost % of 4.24 is 31% above median its 10-year median of 3.23. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 6.27. The Consumer Packaged Goods industry median 5-Year Yield-on-Cost % is 3.41. Morinaga's value of 4.24 is 24.3% above this industry median. Based on the distribution chart, Morinaga ranks #476 out of 1169 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Morinaga has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Morinaga's 5-Year Yield-on-Cost % compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Morinaga ranks #476 out of 1169 companies for 5-Year Yield-on-Cost %. This puts Morinaga in the upper half of its industry. The industry median 5-Year Yield-on-Cost % is 3.41. Morinaga's value of 4.24 is 24.3% above this benchmark. Historically, Morinaga's own 5-Year Yield-on-Cost % has ranged from 1.10 to 6.27 over the past decade. While the company's 10-year median is 3.23 vs. the industry median of 3.41, Morinaga has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year Yield-on-Cost % for a Consumer Packaged Goods company?
The median 5-Year Yield-on-Cost % among Consumer Packaged Goods companies is 3.41, based on 1,169 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Morinaga's current 5-Year Yield-on-Cost % of 4.24 is 24.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Morinaga and its competitors. For the Consumer Packaged Goods industry, the median 5-Year Yield-on-Cost % is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morinaga's current 5-Year Yield-on-Cost % is 4.24, which is 31% above median its own 10-year median of 3.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morinaga stock overvalued right now?
Based on GuruFocus' analysis, Morinaga (TSE:2201) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,110.35, compared to a current price of 円2,647.50 — trading 14.9% below its estimated fair value. The current 5-Year Yield-on-Cost % is 4.24, which is 31% above median its 10-year median of 3.23 and 24.3% above the Consumer Packaged Goods industry median of 3.41. Morinaga's overall GF Score™ is 85/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Morinaga (TSE:2201), the current 5-Year Yield-on-Cost % is 4.24 as of Jul. 23, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Morinaga (TSE:2201) Overvalued in 2026?
Based on GuruFocus' analysis, Morinaga stock appears to be undervalued.
The current stock price of 円2,647.50 is trading 14.9% below its estimated GF Value™ of 円3,110.35.
GuruFocus considers Morinaga to be Modestly Undervalued.
Key valuation signals for TSE:2201:
5-Year Yield-on-Cost %: 4.24 (31% above median its 10-year median of 3.23)
GF Value™: 円3,110.35 vs. price of 円2,647.50 (14.9% below fair value)
Industry Position: 24.3% above the Consumer Packaged Goods median (#476 of 1169)
No single metric tells the full story. See the TSE:2201 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
85GF Score
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5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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