- Yamazaki Baking has increased its forecast for operating income for the fiscal year to 57.50 billion yen, from a previous projection of 55.00 billion yen. This is slightly below the market estimate of 58.21 billion yen.
- The company projects a net income of 38.00 billion yen, which is higher than last year’s actual figure of 37.00 billion yen, but below the estimated 38.85 billion yen.
- Yamazaki predicts net sales of 1.29 trillion yen, matching market estimates, and just above the previous year’s results of 1.28 trillion yen.
- The expected dividend remains at 50.00 yen, lower than the estimated 54.37 yen.
- For the second quarter, operating income increased by 23% year-over-year to 17.87 billion yen, surpassing the estimate of 17.02 billion yen.
- Net income for the second quarter is 12.00 billion yen, a 13% year-over-year increase, slightly below the estimated 12.02 billion yen.
- Second-quarter net sales rose by 6.7% year-over-year to 331.90 billion yen, exceeding the estimate of 327.38 billion yen.
- Analyst recommendations for Yamazaki Baking include 5 buy ratings, 4 hold ratings, and no sell ratings.
A look at Yamazaki Baking Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts at Smartkarma have given Yamazaki Baking a positive long-term outlook based on their Smart Scores assessment. With a high Growth score of 5, the company is expected to experience significant expansion and development in the future. This is further supported by a Momentum score of 4, indicating a strong upward trend in the company’s performance.
Although the Dividend score is rated at 2, showcasing room for improvement in this aspect, the overall Value and Resilience scores of 3 suggest stability and a fair valuation. Yamazaki Baking‘s diverse product range, including bread, pastry, and cake, along with a nationwide sales network, positions the company well for continued success in the baking industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
