- Yamazaki Baking raises its full-year operating income forecast to 54.50 billion yen, up from a previous forecast of 48.00 billion yen.
- However, this new forecast misses the market estimate of 57.42 billion yen.
- Full-year net income is now expected to be 36.50 billion yen, an increase from the previous forecast of 31.50 billion yen.
- This new net income forecast is slightly below the market estimate of 37.83 billion yen.
- Full-year net sales are projected at 1.23 trillion yen, up from the prior forecast of 1.22 trillion yen, but just below the estimate of 1.24 trillion yen.
- The expected dividend has been raised to 38.00 yen, from a previous forecast of 28.00 yen.
- The updated dividend forecast misses the estimate of 46.20 yen.
- Second-quarter operating income reached 14.52 billion yen, a 29% year-over-year increase, though it missed the 17.14 billion yen estimate.
- Second-quarter net income was 10.63 billion yen, up 24% year-over-year, but below the 12.21 billion yen estimate.
- Second-quarter net sales amounted to 311.09 billion yen, marking an 8.4% year-over-year increase, and slightly beating the 310.78 billion yen estimate.
- Analyst ratings for Yamazaki Baking include 5 buys, 3 holds, and 0 sells.
A look at Yamazaki Baking Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
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
Yamazaki Baking Co., Ltd., known for its production of bread, pastry, and cake, holds a promising long-term outlook according to Smartkarma’s Smart Scores. With a top score of 5 in Growth, the company is positioned well for future expansion and development. Coupled with respectable scores of 3 in both Value and Resilience, Yamazaki Baking demonstrates stability and potential for growth in the market. While the Dividend and Momentum scores are slightly lower at 2 and 3 respectively, the overall outlook remains positive for this company.
Yamazaki Baking‘s nationwide sales network, along with its operation of franchised cafeterias and convenience stores, provides a strong foundation for continued success. Investors may find the company appealing for its growth potential and solid value proposition, supported by its established presence in the baking foods industry. With a robust score of 5 in Growth, Yamazaki Baking is poised to capitalize on opportunities for expansion and innovation in the long run.
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.
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