Yamazaki BakingYAMAZAKI BAKING CO., LTD.2212東証プライム食料品FY ending Dec 2025, consolidated, J-GAAP

Yamazaki Baking FY ending Dec 2025 results

About 94% of Yamazaki Baking's sales come from Food business, with Retail business making up much of the rest.

Out of every ¥100 of sales, about ¥5 is left as operating profit.

Revenue changed +5.4% from the prior year, operating profit +17.9%.

Revenue and profit pattern

Revenue and profit upProfit grew faster

Revenue +5.4% · profit +17.9%, calculated from disclosed figures.

Operating leverage: 3.32× (profit growth ÷ revenue growth)

FY ending Dec 2024 → FY ending Dec 2025

Revenue for the FY ending Dec 2025 was ¥1.31T, up +5.4% from ¥1.24T a year earlier.
Operating income reached ¥61.1B (+17.9%) and net income ¥40.9B (+13.5%), growing faster than sales.
Operating cash flow rose to ¥78.9B (+6.6%), but free cash flow slipped to ¥25.6B (-9.6%).

A new technique first used in Double Soft bread was applied to its flagship Royal Bread and to buns and cakes, and the quality push lifted sales
Prices on some breads and sweets were raised at the start of the year, while campaigns like the spring bread festival helped keep volumes growing
Subsidiaries did well too: Fujiya's Country Ma'am cookies grew strongly, and Sandelica sold more sandwiches and rice balls to convenience store chains

The company expects eggs, oils and packaging to stay expensive and labor costs to keep rising
Rising prices are likely to keep shoppers careful and focused on cheaper items
Its convenience stores and other retail outlets also face higher labor and other costs

Annual Securities Report / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual Securities Report / 経営方針、経営環境及び対処すべき課題等

FY ending Dec 2024 → FY ending Dec 2025

For every ¥100 Yamazaki Baking sells, how much goes where, and how much is kept.

FY ending Dec 2025

Gross margin32.7%

Operating margin4.7%

Net margin3.1%

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Revenue by business segment, and the profit each one keeps.

FY ending Dec 2025

※ Segment figures include inter-segment sales and do not sum to the company total

Show source documents (6)

EDINET (FSA Japan)
有価証券報告書－第78期(2025/01/01－2025/12/31)
ID S100XQ5C2026-03-24Open
EDINET (FSA Japan)
有価証券報告書－第77期(2024/01/01－2024/12/31)
ID S100VGD62025-03-28Open
EDINET (FSA Japan)
有価証券報告書－第76期(2023/01/01－2023/12/31)
ID S100T3GA2024-03-28Open
EDINET (FSA Japan)
有価証券報告書－第75期(2022/01/01－2022/12/31)
ID S100QFX12023-03-30Open
EDINET (FSA Japan)
有価証券報告書－第74期(令和3年1月1日－令和3年12月31日)
ID S100NQEM2022-03-30Open
EDINET (FSA Japan)
有価証券報告書－第73期(令和2年1月1日－令和2年12月31日)
ID S100L0QZ2021-03-30Open

Extracted from XBRL: 54 / Derived from other figures: 1

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