Yamazaki Baking Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
April 27, 2023 at 02:00 am EDT
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Yamazaki Baking Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was JPY 276,839 million. Net income was JPY 5,483 million.
Basic earnings per share from continuing operations was JPY 26.45.
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.