Worth reading
43Recurring
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
4
Year-on-year change in revenue (%)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 January 2026–30 June 2026ConsolidatedJapanese GAAPNet Sales676,636Millions of yenYear on year +4.0%Progress 50.6%
Operating profit35,850Millions of yenYear on year +3.3%Progress 56.0%
Ordinary income37,875Millions of yenYear on year +6.8%Progress 56.5%
Net income attributable to owners of the parent24,197Millions of yenYear on year +5.3%Progress 56.9%
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share¥122.77
Financial position at period-end
Total assets916,463Millions of yen
of which net assets 523,540 Millions of yenEquity ratio 51.5%vs. prior year-end +2.2pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Cash inflows and outflows
Operating+62,411
Investment-33,183
Financials-22,789
Net change+6,439
Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period163,228 Millions of yen
Segment revenueFood Business 629,211 Millions of yen (YoY +4.1%), Distribution Business 39,204 Millions of yen (YoY +0.7%), Other businesses 8,220 Millions of yen (YoY +14.8%)
Segment profitFood Business 34,806 Millions of yen (YoY +5.3%), Distribution Business -957 Millions of yen, Other businesses 1,774 Millions of yen (YoY +8.9%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales1,338,000 Millions of yen (YoY +2.0%)
Operating profit64,000 Millions of yen (YoY +4.7%)
Ordinary income67,000 Millions of yen (YoY +4.2%)
Net income42,500 Millions of yen (YoY +3.9%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥60 → ¥60（0.0%）
Factors Behind Changes in Business Performance
In addition to promoting quality improvements by leveraging Yamazaki's technology, Yamazaki Baking Co., Ltd.'s non-consolidated performance remained steady, while the performance of its consolidated subsidiaries was strong, resulting in higher sales and earnings.
Disclosure regarding the going concern assumption
Not applicable.
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Impairment loss285 Millions of yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 100 Millions of yen, Gain on sale of investment securities 55 Millions of yen / Extraordinary loss Loss on disposal and sale of non-current assets 985 Millions of yen, Impairment Losses 285 Millions of yen, Other 36 Millions of yen
Depreciation and amortization22,036 Millions of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and securities analysts)
Issued Shares at Period-End220,282,860 Shares
Treasury Shares at Period-End23,378,061 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–30 June 2026 |
| Net Sales | 676,636 Millions of yen (YoY +4.0%) |
| Operating profit | 35,850 Millions of yen (YoY +3.3%) |
| Ordinary income | 37,875 Millions of yen (YoY +6.8%) |
| Profit attributable to owners of the parent | 24,197 Millions of yen (YoY +5.3%) |
| Net income per share | ¥122.77 |
| Equity ratio | End of the current fiscal period 51.5 / End of previous period 49.3 |
| Total assets | 916,463 Millions of yen |
| Net assets | 523,540 Millions of yen |
| Cash flows from operating activities | 62,411 Millions of yen |
| Cash flows from investing activities | -33,183 Millions of yen |
| Cash flows from financing activities | -22,789 Millions of yen |
| Cash and cash equivalents at end of period | 163,228 Millions of yen |
| Full-year earnings forecast | Net Sales 1,338,000 Millions of yen (YoY +2.0%) / Operating profit 64,000 Millions of yen (YoY +4.7%) / Ordinary income 67,000 Millions of yen (YoY +4.2%) / Net income 42,500 Millions of yen (YoY +3.9%) |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | ¥60 → ¥60（0.0%） |
| Segment revenue | Food Business 629,211 Millions of yen (YoY +4.1%), Distribution Business 39,204 Millions of yen (YoY +0.7%), Other businesses 8,220 Millions of yen (YoY +14.8%) |
| Segment profit | Food Business 34,806 Millions of yen (YoY +5.3%), Distribution Business -957 Millions of yen, Other businesses 1,774 Millions of yen (YoY +8.9%) |
| Depreciation and amortization | 22,036 Millions of yen |
| Impairment loss | 285 Millions of yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 100 Millions of yen, Gain on sale of investment securities 55 Millions of yen / Extraordinary loss Loss on disposal and sale of non-current assets 985 Millions of yen, Impairment Losses 285 Millions of yen, Other 36 Millions of yen |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name None |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and securities analysts) |
| Issued Shares at Period-End | 220,282,860 Shares |
| Treasury Shares at Period-End | 23,378,061 Shares |
| Factors Behind Changes in Business Performance | In addition to promoting quality improvements by leveraging Yamazaki's technology, Yamazaki Baking Co., Ltd.'s non-consolidated performance remained steady, while the performance of its consolidated subsidiaries was strong, resulting in higher sales and earnings. |
Items this document does not state (6)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial subsequent events
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.This was due to progress in improving quality by leveraging Yamazaki's technology, steady performance by Yamazaki Baking Co., Ltd. on a non-consolidated basis, and strong performance by its consolidated subsidiaries.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.