Yamazaki Baking Co (2212) AI Stock Analysis

• Market Cap: ¥683.71B
• Dividend Yield: 1.13%
• Average Volume (3M): 407.50K
• Price to Earnings (P/E): 15.9
• Beta (1Y): 0.59
• Revenue Growth: 3.53%
• EPS Growth: 4.88%
• Country: JP
• Employees: 33,393
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 56.52
• Shares Outstanding: 220,282,870
• 10 Day Avg. Volume: 443,070
• 30 Day Avg. Volume: 407,503
• PEG Ratio: 1.01
• Price to Book (P/B): 1.42
• Price to Sales (P/S): 0.50
• P/FCF Ratio: 23.19
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥3,912.50
• Price Target Upside: 13.80% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): 218.64
• Revenue Forecast (FY): ¥1.35T

• Rating: 73 Outperform
• Price Target: ¥3,833.00 ▲(11.49% Upside)
• Action: Reiterated Date: 02/18/26
• Date: Action: Reiterated 02/18/26

The score is driven primarily by improved financial performance (higher revenue/earnings and manageable leverage), tempered by thin margins and inconsistent free cash flow conversion. Technicals add support due to a positive moving-average trend, while valuation is neutral-to-slightly positive with a mid-range P/E and modest yield.

Positive Factors

Revenue & Profit Scale

Yamazaki shows multi-year expansion in top-line and net income, indicating stronger market penetration and scale benefits. Larger revenue and profit base supports investments in distribution, product development, and cost absorption, improving structural resilience versus smaller competitors.

Negative Factors

Thin Profit Margins

Margins remain narrow, leaving earnings sensitive to raw-material inflation, wage pressure, or pricing competition. Limited margin buffer constrains ability to absorb cost shocks, restricts discretionary spend, and weakens leverage of revenue growth into higher returns.

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 confectione...

Read more

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 confectione...

How the Company Makes Money

Yamazaki Baking Co. generates revenue through multiple avenues, primarily by selling its bakery products to retailers, wholesalers, and food service providers. The company's key revenue streams include direct sales of its branded products in conve...

Read more

Yamazaki Baking Co. generates revenue through multiple avenues, primarily by selling its bakery products to retailers, wholesalers, and food service providers. The company's key revenue streams include direct sales of its branded products in conve...

Yamazaki Baking Co Financial Statement Overview

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.28T	1.31T	1.24T	1.18T	1.08T	1.05T
Gross Profit	414.46B	428.40B	405.25B	379.05B	343.61B	367.86B
EBITDA	101.84B	106.44B	99.99B	88.53B	65.05B	61.36B
Net Income	37.43B	40.89B	36.02B	30.17B	12.37B	10.38B
Balance Sheet
Total Assets	864.33B	931.88B	865.11B	802.03B	758.03B	757.35B
Cash, Cash Equivalents and Short-Term Investments	172.52B	163.82B	152.44B	134.94B	125.18B	138.14B
Total Debt	105.65B	103.66B	101.05B	80.13B	86.21B	97.86B
Total Liabilities	394.52B	421.05B	404.62B	355.90B	350.14B	375.14B
Stockholders Equity	421.54B	459.88B	412.15B	400.14B	363.74B	342.57B
Cash Flow
Free Cash Flow	0.00	28.08B	30.92B	35.51B	16.03B	20.47B
Operating Cash Flow	0.00	78.87B	73.97B	73.69B	52.77B	57.07B
Investing Cash Flow	0.00	-55.86B	-43.49B	-45.66B	-41.98B	-37.79B
Financing Cash Flow	0.00	-14.13B	-15.04B	-18.83B	-26.70B	2.07B

Yamazaki Baking Co Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3438.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• 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 Positive. The current price of 3438 is above the 20-day moving average (MA) of 3317.50, above the 50-day MA of 3380.68, and above the 200-day MA of 3256.07, indicating a neutral trend. The MACD of -37.46 indicates Negative momentum. The RSI at 53.71 is Neutral, neither overbought nor oversold. The STOCH value of 73.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	73 Outperform	¥683.71B	15.92	9.18%	1.13%	3.53%	4.88%
2001	70 Outperform	¥227.84B	7.91	8.01%	2.77%	1.83%	-39.02%
2002	70 Outperform	¥595.48B	11.01	―	3.15%	-0.88%	-25.64%
2206	65 Neutral	¥390.59B	68.53	1.86%	1.64%	8.40%	-23.50%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
2269	62 Neutral	¥1.08T	13.62	5.97%	2.96%	2.79%	-6.46%
2215	53 Neutral	¥4.16B	13.31	―	―	2.99%	-87.21%

Yamazaki Baking Co Corporate Events