First BakingFIRST BAKING CO.,LTD.2215東証スタンダード食料品FY ending Dec 2025, consolidated, J-GAAP
First Baking brought in ¥24.8B in revenue.
It lost about ¥2 for every ¥100 of sales at the operating level.
For every ¥100 First Baking sells, how much goes where, and how much is kept.
Margin funnel (derived from reported values)Gross margin 26.8% → Operating margin -2.3% → Net margin -2.2%
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