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MEGMILK SNOW BRAND Co., Ltd.

Japan · Tokyo: 2270.T · Market cap: · P/E: · P/S:

Megmilk Snow Brand makes and sells milk, dairy products, desserts, and even cattle feed and seeds, mostly in Japan.

Megmilk Snow Brand is one of Japan's big dairy companies. It turns raw milk into the everyday stuff people put on their tables: drinking milk, butter, cheese, yogurt, and desserts. It also sells beverages and, a little more surprisingly, cattle feed and seeds — which makes sense once you remember that healthy cows start with good feed.

MEGMILK SNOW BRAND Co., Ltd. (2270.T) Dairy products (cheese, butter, milk powder): line art illustration of a wedge of Snow Brand cheese
Dairy products
Megmilk Snow Brand is a Japanese dairy company known for cheese and butter.

The company is the product of a merger. In 2009, two large Japanese dairy businesses, Snow Brand Milk Products and Megmilk, combined into one group. That history matters because Snow Brand had been hit by a serious food-poisoning scandal in 2000 that badly damaged trust in its name. The merger helped rebuild scale and stability, and today the company sells under several brands rather than betting everything on one. Dairy is a tough, low-margin business. Milk is heavy, spoils fast, and is largely a commodity, so profits depend on efficient factories, smart logistics, and persuading shoppers to pay a bit more for branded cheese or yogurt instead of the cheapest carton. Megmilk Snow Brand leans on that branding, plus steady demand at supermarkets and convenience stores across Japan.


Its growth question is a familiar one for Japanese food companies: the home population is shrinking and drinking less plain milk, so the company looks abroad and toward higher-value products like cheese and desserts. It also invests in research around ingredients and health, hoping to sell things that are more than just a carton of milk.

Saved answer · last researched 15 Nov 2026