Yamazaki Baking Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2023
October 25, 2023 at 02:00 am EDT
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Yamazaki Baking Co., Ltd. provided consolidated earnings guidance for the fiscal year ending December 31, 2023. For the year, the company expects net sales to be JPY 1,133,000 million. Operating profit to be JPY 34,000 million.
Profit attributable to owners of parent to be JPY 20,000 million. Basic earnings per share to be JPY 96.86.
YAMAZAKI BAKING CO., LTD. is a Japan-based company mainly engaged in the food business. The Company operates in three business segments. The Food segment manufactures bread, Japanese and western confectionery and sells its products to family-operated retailers, mass retailers, convenience stores and other retailers. The segment is also involved in the manufacture and sale of bakery products, the operation of bakery cafes in both domestic and overseas markets. The Distribution segment is engaged in the operation of convenience stores and food supermarkets. The Others segment is engaged in the logistics business, the design, supervision and construction of food manufacturing facilities, the non-life insurance agency business, as well as the manufacture and sale of cleaning agents for baking equipment.
YAMAZAKI BAKING CO., LTD. 
