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Morinaga Milk Industry Co., Ltd.

Morinaga Milk Industry Co., Ltd., together with its subsidiaries, engages in the production and sale of various dairy products in Japan and internationally. The company offers milk products, including homogenized, sterilized whole, and enriched milk; beverages comprising milk-based, coffee, chilled tea, and various other beverages; Greek, fruit, and various other yogurt products; chilled desserts, such as baked, milk, and low carb pudding; and ice cream products. It also provides cheese and butter; infant formula and baby food products; milk powder, milk supplements, and bifidobacterium longum BB536 capsule; liquid diet and nursing care food products; and other products, including creaming powder, condensed milk, and tofu. The company was formerly known as Nippon Rennyu Co., Ltd. and changed its name to Morinaga Milk Industry Co., Ltd. in 1949. Morinaga Milk Industry Co., Ltd. was founded in 1917 and is headquartered in Tokyo, Japan.

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Japan fair trade officials raid six ice cream makers over suspected price fixing

Japan's Fair Trade Commission has raided six major ice cream makers on suspicion of price fixing. The companies—Meiji Co., Morinaga Milk Industry Co., Morinaga & Co., Lotte Co., Ezaki Glico Co., and Akagi Nyugo Co.—issued statements confirming the raids and pledging cooperation. Japanese media reported that top managers coordinated over several years to raise ice cream prices by 10 yen, or about 6 U.S. cents, and timed the hikes together. The commission has not commented on the case, but its website includes an example of an ice cream maker refusing to supply retailers that did not accept a suggested price.
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