Yamazaki Baking Co (2212) AI Stock Analysis

• Market Cap: $677.43B
• Dividend Yield: 1.14%
• Average Volume (3M): 425.92K
• Price to Earnings (P/E): 17.7
• Beta (1Y): 0.62
• Revenue Growth: 3.91%
• EPS Growth: 2.46%
• Country: JP
• Employees: 33,393
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 60.72
• Shares Outstanding: 220,282,870
• 10 Day Avg. Volume: 407,390
• 30 Day Avg. Volume: 425,923
• PEG Ratio: 0.74
• Price to Book (P/B): 1.44
• Price to Sales (P/S): 0.48
• P/FCF Ratio: 19.21
• Enterprise Value/Market Cap: 0.91
• Enterprise Value/Revenue: 0.49
• Enterprise Value/Gross Profit: 1.51
• Enterprise Value/Ebitda: 6.19
• 1Y Price Target: $3,514.15
• Price Target Upside: 5.40% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 77 Outperform
• Price Target: ¥3,816.00 ▲(14.46% Upside)

Yamazaki Baking Co. achieves a solid overall stock score of 77. The most significant factor is its strong financial performance, underpinned by robust revenue growth and a stable balance sheet. Technical analysis supports a positive market sentiment with strong upward price trends. Valuation metrics suggest the stock is fairly valued, balancing growth and income potential.

Yamazaki Baking Co Business Overview & Revenue Model

Company Description

Yamazaki Baking Co., Ltd., through its subsidiaries, manufactures and sells baked goods in Japan. Its products include loaf bread, sweet buns, donuts, hard rolls, and Danish pastries; Japanese, Western style, and rice-derived and based confectionery; processed bread and noodles, prepared rice, and side dishes; and chocolates, candies, stevia-based and other sweeteners, snack foods, and soup and soup stocks, as well as jams, marmalades, jelly and yokan products, and ready-to-eat curries in retort pouches. The company also manufactures biscuits, cookies, crackers, and frozen bread dough; provides coffee and juice under the Yamazaki brand; creams, curry fillings, stuffing for Chinese filled buns, croquettes, meat patties, and mayonnaise products; and prepared mixes for bread, tempura, and fried chicken, as well as sells products procured from other companies. In addition, it is involved in the manufacture and sale of cleaning and disinfecting agents for food production equipment; operation of bread and pastry shops, restaurants, convenience stores, and supermarkets; provision of retail bakery and cafe management, in-store bakery management, general truck transport and freight forwarding, and insurance services; and design of equipment for manufacturing bread and confectionery, installation of production facilities, and other services. Further, the company offers logistics management services; and manufactures and sells stevia-based and other sweeteners. As of December 31, 2021, it operated 1,389 stores. Yamazaki Baking Co., Ltd. was incorporated in 1948 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Yamazaki Baking Co. generates revenue primarily through the sale of its baked goods. The company's key revenue streams include the distribution of bread and pastries to supermarkets, convenience stores, and other retail outlets across Japan and select international markets. It also operates specialty stores and cafes that feature its products, enhancing its brand presence and direct consumer engagement. Additionally, Yamazaki Baking Co. engages in strategic partnerships and collaborations with other food companies to expand its product offerings and reach. The company’s earnings are bolstered by its strong distribution network and a commitment to quality and innovation in its product lines.

Yamazaki Baking Co Financial Statement Overview

Summary

Yamazaki Baking Co. demonstrates strong financial performance with robust revenue growth and solid cash flow generation. The company's stable balance sheet, marked by low leverage and a healthy equity ratio, supports its growth initiatives. While profitability at the net level could be enhanced, the company's operational efficiency remains commendable.

Income Statement

The company shows a solid growth trajectory with a revenue growth rate of 5.86% from the previous year. The gross profit margin stands robust at 32.55%, indicating strong cost management. However, the net profit margin is moderate at 2.89%, suggesting room for improvement in overall profitability. EBIT and EBITDA margins are healthy, reflecting efficient operational management.

Balance Sheet

The balance sheet reveals a stable financial position with a low debt-to-equity ratio of 0.25, signifying prudent leverage management. The return on equity is satisfactory at 8.74%, indicating effective use of shareholders' equity to generate profits. The equity ratio is strong at 47.65%, showcasing a solid capital structure with a high proportion of equity financing.

Cash Flow

Cash flow analysis shows a positive trend in free cash flow, which grew by 6.98% year-over-year. The operating cash flow to net income ratio is favorable at 2.05, indicating strong cash generation capability relative to net income. The free cash flow to net income ratio of 0.86 suggests efficient conversion of net income into free cash flow, although there is potential for further improvement.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.26T	1.24T	1.18T	1.08T	1.05T	1.01T
Gross Profit	408.35B	405.25B	379.05B	343.61B	367.86B	353.62B
EBITDA	99.57B	99.99B	88.53B	65.05B	61.36B	56.01B
Net Income	36.05B	36.02B	30.17B	12.37B	10.38B	6.96B
Balance Sheet
Total Assets	849.04B	865.11B	802.03B	758.03B	757.35B	714.44B
Cash, Cash Equivalents and Short-Term Investments	158.53B	152.44B	134.94B	125.18B	138.14B	108.59B
Total Debt	100.00B	101.05B	80.13B	86.21B	97.86B	71.69B
Total Liabilities	390.49B	404.62B	355.90B	350.14B	375.14B	352.06B
Stockholders Equity	410.20B	412.15B	400.14B	363.74B	342.57B	330.49B
Cash Flow
Free Cash Flow	0.00	30.89B	33.23B	12.21B	18.37B	10.15B
Operating Cash Flow	0.00	73.97B	73.69B	52.77B	57.07B	47.16B
Investing Cash Flow	0.00	-43.49B	-45.66B	-41.98B	-37.79B	-38.62B
Financing Cash Flow	0.00	-15.04B	-18.83B	-26.70B	2.07B	-11.59B

Yamazaki Baking Co Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 3334.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2212, the sentiment is Neutral. The current price of 3334 is below the 20-day moving average (MA) of 3386.90, above the 50-day MA of 3325.92, and above the 200-day MA of 3076.28, indicating a neutral trend. The MACD of -5.23 indicates Positive momentum. The RSI at 45.24 is Neutral, neither overbought nor oversold. The STOCH value of 28.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:2212.

Yamazaki Baking Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2212	77 Outperform	$677.43B	17.71	9.20%	1.14%	3.91%	2.46%
2001	75 Outperform	195.61B	9.33	10.22%	2.79%	2.30%	-36.75%
2215	71 Outperform	4.26B	16.34	25.52%	―	1.55%	-88.91%
2002	70 Outperform	522.57B	15.20	7.15%	2.99%	-1.27%	6.01%
2266	65 Neutral	24.71B	73.00	3.37%	1.58%	-3.66%	-77.47%
2264	63 Neutral	316.50B	42.05	2.05%	2.52%	2.97%	-46.46%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%

Yamazaki Baking Co Corporate Events

Yamazaki Baking Co. Reports Growth in First Half of 2025

Yamazaki Baking Co. reported a 5.3% increase in net sales for the first half of 2025, reaching 650,633 million yen, with operating profit rising by 11.8%. The food business remains the dominant segment, contributing significantly to the company’s growth, while the retail business also showed improvement. The results indicate a positive trajectory for the company, suggesting strengthened market positioning and potential benefits for stakeholders.

The most recent analyst rating on (JP:2212) stock is a Hold with a Yen3000.00 price target. To see the full list of analyst forecasts on Yamazaki Baking Co stock, see the JP:2212 Stock Forecast page.

Yamazaki Baking Co. Reports Strong First Half of 2025 with Revised Upward Forecast

Yamazaki Baking Co., Ltd. reported a 5.3% increase in net sales and an 11.8% rise in operating profit for the first half of 2025, indicating strong operational performance. The company has revised its financial forecast upwards, reflecting confidence in continued growth, with a projected 3.9% increase in net sales for the full year 2025.

The most recent analyst rating on (JP:2212) stock is a Hold with a Yen3000.00 price target. To see the full list of analyst forecasts on Yamazaki Baking Co stock, see the JP:2212 Stock Forecast page.