Core Insights - Morinaga & Co has acquired My/Mochi Ice Cream for $130 million, marking its entry into the US frozen-dessert market [1][2] - The acquisition aligns with Morinaga's strategy to expand in the US, which is identified as a priority growth market [1][3] - My/Mochi generated net sales of $60 million and adjusted EBITDA of $10 million for the fiscal year ending June [3] Company Strategy - The acquisition supports Morinaga's 2030 business strategy to transform into a "wellness company" by focusing on high-growth segments, particularly in the US [3] - Morinaga plans to leverage synergies in product development, marketing, and distribution through the integration of My/Mochi [4] Market Position - My/Mochi, rooted in Japanese confectionery traditions, offers a portfolio that includes non-dairy frozen novelties and mochi sorbets in over 20 flavors [2] - Morinaga America already distributes other confectionery brands like Hi-Chew in the US, enhancing its market presence [5]