The transaction gives Morinaga immediate scale in the fast‑growing frozen‑dessert segment, enhancing its ability to compete with major snack players. It also creates cross‑brand synergies that could accelerate innovation and broaden consumer reach across the U.S. market.
The U.S. frozen‑dessert segment has become a hotbed for growth, with novelty ice‑cream sales projected to reach $8.6 billion this year. Morinaga & Co., already a major player in confectionery, has been expanding its American footprint through new production capacity and brand extensions. By acquiring My/Mochi, the company instantly taps into a niche that blends traditional Japanese mochi textures with premium ice‑cream, giving it a differentiated offering that can capture both snack‑on‑the‑go and indulgence moments.
My/Mochi’s story began in Los Angeles in 1993, turning a Japanese confection into a mainstream snack enjoyed by millions. The brand’s $80 million revenue last year underscores its dominance in the mochi‑ice‑cream category, a segment that has outpaced many conventional frozen treats. Morinaga’s extensive R&D capabilities—spanning popsicles, ice‑cream bars, and chocolate‑coated products—will now be applied to My/Mochi’s portfolio, accelerating new flavor launches and format innovations that were previously limited by scale.
Strategically, the acquisition aligns with Morinaga’s 2030 growth roadmap, which emphasizes diversification and deeper market penetration in the United States. The combined entity can leverage shared distribution networks, cross‑promotional marketing, and joint product development to challenge larger snack conglomerates. Consumers can expect expanded shelf presence, co‑branded limited editions, and potentially hybrid products that marry mochi’s chewy texture with Morinaga’s existing candy and ice‑cream technologies, reshaping the competitive landscape of U.S. snacking.
Morinaga & Co., Ltd., the parent of Morinaga America, announced a definitive agreement to acquire My/Mochi Ice Cream, the leading U.S. mochi ice cream brand. The acquisition will add the My/Mochi portfolio to Morinaga’s snack lineup and expand its presence in the U.S. frozen dessert market.
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