Yamazaki Baking's profit jumps on sales growth and cost control

Yamazaki Baking (TSE: 2212) reported consolidated net profit attributable to owners of the parent of ¥36.015 billion for the fiscal year ended December 31, 2024, a 19.4% increase compared to ¥30.168 billion in the previous year. Operating profit rose 23.6% to ¥51.873 billion, while net sales increased by 5.9% to ¥1.244 trillion.The company attributed the strong performance to successful product strategies, enhanced quality, and effective cost management. For fiscal year 2025, Yamazaki Baking forecasts net sales of ¥1.275 trillion, operating profit of ¥55 billion, and net profit attributable to owners of the parent of ¥37 billion. The company also announced a dividend of ¥45.00 per share for this term.