Results Briefing for the First Half
(WorldNews Japan)

Second Quarter, Fiscal Year Ending March 31, 2019 Results Briefing Nov 15, 2018 MORINAGA & CO., LTD About forward-looking statements This material includes forward-looking statements, such as forecasts, plans, and targets for the Company and its consolidated subsidiaries. These statements are based on judgments and assumptions on the basis of information that the Company has obtained and may be different from actual results and developments in the future. Fiscal Year Ending March 31, 2019 Second Quarter Financial Results (April to September 2018) Consolidated Results for Q2 FY2019/3 (April to September 2018)