2212

YAMAZAKI BAKING CO., LTD.

山崎製パン株式会社
Foods
Yamazaki Baking Co., Ltd. engages in the food business in Japan. The company operates through Food Business, Distribution Business, and Other Business segments. The company offers loaf bread, sweet buns, donuts, hard rolls, and pastries; skewered rice dumplings, sweet bean filled rice cakes, pancake style sweets, steamed cakes, castella, and yokan; swiss rolls, cream puffs, snack cakes and pound cakes; and processed bread and noodles, and prepared rice. It also provides strawberry and blueberry jams, marmalade, jelly and sweet bean, ready-to-eat curry in retort pouches, and other kinds of preserves; biscuits, cookies, chocolates, and rice-derived confectionery; and coffee and juice under the Yamazaki brand, as well as fillings of various confectionary products; and cream, curry fillings, stuffing for Chinese filled buns, croquettes, meat patty, and mayonnaise. In addition, the company is involved in logistics business; designing equipment for food manufacturing; supervision; construction contracting; office work; non-life insurance agency; cleaning of food manufacturing machinery; manufacturing and sale of cleaning agents; operation of instore baking and the convenience store business. The company was incorporated in 1948 and is headquartered in Tokyo, Japan.
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Price
¥3,132
Market Cap
¥618.7B
Ent. Value
¥550.4B
Net Cash
¥68.4B
Shares Out.
197.6M
P / E
15.1×
EV / EBIT
9.0×
P / Book
1.35×
P / NCAV
N/M
Div. Yield
1.92%
Financials
Metric FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales ¥1,311.4B ¥1,244.5B ¥1,175.6B ¥1,077.0B ¥1,053.0B
Cost of Sales ¥883.0B ¥839.2B ¥796.5B ¥733.4B ¥685.1B
Gross Profit ¥428.4B ¥405.3B ¥379.0B ¥343.6B ¥367.9B
SG&A ¥367.3B ¥353.4B ¥337.1B ¥321.6B ¥349.5B
Operating Income ¥61.1B ¥51.9B ¥42.0B ¥22.0B ¥18.4B
Non-Operating Income ¥5.7B ¥6.1B ¥5.1B ¥5.6B ¥4.6B
Dividend Income ¥2.1B ¥1.8B ¥1.5B ¥1.4B ¥1.3B
Interest Income ¥527M ¥399M ¥272M ¥122M ¥149M
Non-Operating Expenses ¥2.5B ¥1.7B ¥1.6B ¥1.5B ¥1.6B
Interest Expense ¥1.5B ¥861M ¥740M ¥752M ¥787M
Ordinary Income ¥64.3B ¥56.3B ¥45.5B ¥26.1B ¥21.4B
Pre-tax Income ¥61.6B ¥55.6B ¥45.8B ¥23.2B ¥20.0B
Income Taxes ¥18.1B ¥17.5B ¥14.2B ¥8.7B ¥7.5B
Current Tax ¥18.3B ¥16.9B ¥13.9B ¥9.3B ¥8.8B
Deferred Tax ¥-158M ¥567M ¥293M ¥-546M ¥-1.3B
Net Income (owners) ¥40.9B ¥36.0B ¥30.2B ¥12.4B ¥10.4B
Minority Interest ¥2.6B ¥2.1B ¥1.5B ¥2.1B ¥2.1B
Comprehensive Income ¥63.9B ¥45.5B ¥47.7B ¥36.6B ¥24.0B
EBITDA ¥106.4B ¥95.4B ¥83.9B ¥63.1B ¥59.0B
Goodwill Amort. (J-GAAP) ¥1.7B ¥1.6B ¥1.7B ¥1.6B ¥1.6B
EPS ¥206.78 ¥178.58 ¥146.19 ¥59.10 ¥48.60
Shares Outstanding 197.6M 198.9M 206.0M 208.6M 212.8M
Shares Issued (total) 220.3M 220.3M 220.3M 220.3M 220.3M
Treasury Shares 22.7M 21.4M 14.3M 11.6M 7.4M