For the first quarter of the fiscal year ending December 2026, consolidated net sales were JPY 333.672 billion (up 4.7% YoY), operating income was JPY 18.328 billion (up 9.0% YoY), and net income attributable to owners of parent for the quarter was JPY 11.931 billion (up 8.7% 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center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"2212","jir_company_name":"Yamazaki Baking Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-04-28","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/2212-20260428-01.pdf","jir_short_summary":"For the first quarter of the fiscal year ending December 2026, consolidated net sales were JPY 333.672 billion (up 4.7% YoY), operating income was JPY 18.328 billion (up 9.0% YoY), and net income attributable to owners of parent for the quarter was JPY 11.931 billion (up 8.7% YoY).","jir_summary":"### Performance Overview\nIn the first quarter of the fiscal year ending December 2026, consolidated net sales amounted to JPY 333.672 billion (up 4.7% YoY), operating income was JPY 18.328 billion (up 9.0% YoY), ordinary income was JPY 18.789 billion (up 13.5% YoY), and net income attributable to owners of parent for the quarter was JPY 11.931 billion (up 8.7% YoY). The food business, which is the core segment, achieved sales exceeding the previous year across all categories including bread, sweet bread, Japanese confectionery, Western confectionery, prepared bread and rice products, and confectionery, rice crackers and other products. The distribution business recorded a net sales increase of 101.5% YoY, but operating loss expanded due to rising costs such as personnel expenses. The other businesses also posted both higher sales and profits.\n\n### Financial Position and Future Outlook\nAlthough total assets at the end of the first quarter decreased to JPY 915.96 billion compared to the previous period end, net assets increased to JPY 513.597 billion, improving the equity ratio to 50.5%. Price revisions for certain products are planned for shipments from July 1, 2026, aiming to enhance quality and strengthen product offerings by price range. There is no change to the full-year earnings forecast, with expected net sales of JPY 1,338 billion (up 2.0% YoY), operating income of JPY 64 billion (up 4.7% YoY), and net income attributable to owners of parent of JPY 42.5 billion (up 3.9% YoY). Continued efforts will focus on improving performance through the application of quality improvement technologies and reinforcement of occupational health and safety management systems.","jir_financial_highlights":"Net Sales: JPY 333,672 million (Year-over-Year +4.7%)\nOperating Income: JPY 18,328 million (Year-over-Year +9.0%)\nOrdinary Income: JPY 18,789 million (Year-over-Year +13.5%)\nNet Income Attributable to Owners of Parent for the Quarter: JPY 11,931 million (Year-over-Year +8.7%)\nEquity Ratio: 50.5% (Year-over-Year +1.2 points)\nNumber of Issued Shares (Common Stock): 220,282,860 shares (Unchanged from the end of previous period)\nTreasury Stock at Period End: 23,378,010 shares (Increase Year-over-Year)\nAnnual Dividend (Forecast): JPY 60.00 (Same as previous term)","jir_category":"","jir_hashtags":"#YamazakiBaking, #FinancialSummary, #JapaneseStocks","jir_key_figures":"Net Sales: JPY 333,672 million (Year-over-Year +4.7%)\nOperating Income: JPY 18,328 million (Year-over-Year +9.0%)\nNet Income Attributable to Owners of Parent for the Quarter: JPY 11,931 million (Year-over-Year +8.7%)","jir_meta_title":"\u3010Yamazaki Baking\u30112026 Q1 Earnings\uff5cNet Sales JPY 333.6 Billion (+4.7% YoY)","jir_meta_description":"Yamazaki Baking Co., Ltd. announces its financial summary for the first quarter of the fiscal year ending December 2026. Net sales of JPY 333.672 billion (+4.7% YoY), operating income of JPY 18.328 billion (+9.0%), and net income of JPY 11.931 billion (+8.7%) reported.","jir_og_title":"\u3010Yamazaki Baking\u30112026 Q1 Earnings\uff5cNet Sales JPY 333.6 Billion (+4.7% YoY)","jir_og_description":"Yamazaki Baking's first quarter financial results for 2026 show increased sales and profits indicating strong performance. 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