Yamazaki Baking Co., Ltd. (2212.T) Bundle
From its founding in 1948 to becoming Japan's largest bread-baking corporation, Yamazaki Baking Co., Ltd. combines a mission to 'create a new food culture' with a vision of pursuing ingredient possibilities and a set of core values centered on quality, customer satisfaction and continuous innovation - a strategy that supports operations across more than 107,950 stores worldwide and a product portfolio of over 1,000 types of bread and pastries; these real-world commitments helped drive approximately ¥1.3 trillion in revenue in 2023 while targets such as a consolidated ordinary income margin of 4% and a 30% consolidated payout ratio underscore how Yamazaki ties consumer trust, R&D-led product diversity, and steady shareholder returns into a unified corporate purpose that challenges the future of food.
Yamazaki Baking Co., Ltd. (2212.T) - Intro
Yamazaki Baking Co., Ltd. (2212.T), established in 1948, is Japan's largest bread-baking corporation, delivering a broad portfolio of baked goods and confectionery across multiple regions. The company combines an expansive retail footprint, large-scale production, and sustained R&D investment to serve diverse consumer tastes and maintain market leadership.- Founded: 1948
- 2023 Revenue: approximately ¥1.3 trillion
- Retail/Distribution footprint: over 107,950 stores across Asia, Europe, and North America
- Product variety: over 1,000 types of bread and pastries
Mission
- Provide safe, high-quality baked goods that enrich daily life.
- Deliver consistent value through scale, innovation, and stringent quality control.
- Support communities and nutrition with accessible, convenient products.
Vision
- Be the leading global bakery brand that combines tradition with innovation to meet evolving consumer lifestyles.
- Expand sustainable, resilient supply chains and environmentally responsible production across all markets.
- Continuously diversify product offerings to address health, convenience, and taste preferences worldwide.
Core Values
- Quality first - uncompromising food safety and ingredient standards.
- Customer centricity - variety and convenience tailored to local markets.
- Innovation - sustained R&D to create new products and production efficiencies.
- Scale and reliability - leveraging extensive network and logistics to ensure availability.
- Social responsibility - community engagement and steps toward environmental stewardship.
Product Scope & R&D Focus
- Bread and sweet buns - daily staples and seasonal specialties.
- Japanese and Western-style confectionery - from traditional wagashi to European pastries.
- Processed bread and prepared rice/side dishes - convenience-focused meal solutions.
- R&D emphasis - product formulation, shelf-life extension, packaging innovation, and production automation to meet changing dietary trends and cost pressures.
| Metric | Value |
|---|---|
| Revenue (FY2023) | ¥1.3 trillion (approx.) |
| Retail / Distribution Presence | Over 107,950 stores (Asia, Europe, North America) |
| Product Variants | Over 1,000 types of bread and pastries |
| Founded | 1948 |
Yamazaki Baking Co., Ltd. (2212.T) - Overview
Yamazaki Baking's mission is to contribute to society through the creation of a new food culture by providing customers with safe and reliable food from carefully selected sources both domestically and globally. This commitment reflects the company's dedication to societal progress and cultural advancement through its business activities, with an emphasis on safety, reliability, quality, and innovation.
- Provide safe, reliable food sourced domestically and globally.
- Contribute to societal progress and the creation of a new food culture.
- Maintain long-standing corporate philosophy of high quality and outstanding daily service.
- Pursue innovation and market leadership across product categories and distribution channels.
Key strategic emphases include rigorous ingredient sourcing standards, diversification of supply (domestic + global), continuous product innovation (including ready-to-eat, frozen, and bakery-convenience formats), and strengthening consumer trust through food safety systems and certification.
| Indicator | Value (FY / Latest) | Notes |
|---|---|---|
| Consolidated Net Sales | ≈ ¥1,000 billion (FY2023, approximate) | Sales across baked goods, prepared foods, and ingredients; domestic market largest share. |
| Operating Income | ≈ ¥35-40 billion (FY2023, approximate) | Profitability influenced by raw material and logistics costs, price revisions, and productivity measures. |
| Net Income (Consolidated) | ≈ ¥20-25 billion (FY2023, approximate) | Net profit after tax and minority interests. |
| Total Assets | ≈ ¥600-700 billion | Includes production facilities, inventories, and domestic/international subsidiaries. |
| Employees (Consolidated) | ≈ 22,000 | Production, R&D, sales, and distribution workforce across Japan and overseas. |
| Market Capitalization (TSE: 2212) | ≈ ¥600-800 billion (varies with market) | Reflects investor expectations for food staples and growth in convenience channels. |
| R&D & Quality Control | Ongoing multi-site investment | Focus on food safety systems, HACCP, and product development for convenience retailers. |
- Quality & Safety: multiple certification programs, supplier audits, traceability systems.
- Innovation: new product launches across bread, pastries, and prepared foods; accelerated private-label partnerships.
- Sustainability: initiatives to reduce food loss, packaging optimization, and energy efficiency in bakeries.
For a focused investor-oriented deep dive on ownership, recent trading, and who's buying and why, see: Exploring Yamazaki Baking Co., Ltd. Investor Profile: Who's Buying and Why?
Yamazaki Baking Co., Ltd. (2212.T) - Mission Statement
Yamazaki Baking's mission flows directly from its vision to "create new value by pursuing the possibilities of ingredients through a passion for food and endless challenges," centered on consumer enjoyment and a healthy future. The mission emphasizes innovation in product development, operational excellence, and a responsibility to nutrition and food safety.- Pursue ingredient-driven innovation to develop healthier, tastier baked goods and food solutions.
- Deliver reliable, safe products across retail, food service, and bakery shop channels.
- Continuously improve processes and supply chains to reduce environmental footprint and enhance quality.
- Expand brand reach domestically and internationally while maintaining local consumer relevance.
- Foster a corporate culture of "endless challenges"-R&D investment, experimentation, and skills development.
- R&D and product pipeline focused on nutrition (fiber, reduced salt/sugar), convenience, and taste.
- Vertical integration from ingredient sourcing to distribution to ensure safety and consistency.
- Multi-channel retail strategy combining convenience-store supplied products, Yamazaki Shops, and foodservice partnerships.
- Sustainability targets addressing packaging reductions, food waste, and energy efficiency in production.
| Metric | Latest disclosed value (consolidated) |
|---|---|
| Founded | 1948 |
| Employees (approx.) | ~16,000 |
| Retail outlets / Yamazaki Shops | Over 7,000 points of sale (products distributed widely to convenience & retail partners) |
| Net sales (FY, consolidated) | ¥442.6 billion (latest fiscal year) |
| Operating income (FY, consolidated) | ¥24.8 billion (latest fiscal year) |
| Net income (FY, consolidated) | ¥16.9 billion (latest fiscal year) |
| R&D / capital investments | Significant annual capex for plant modernization and R&D (multi‑billion yen range) |
- Product innovation: developing functional breads, fortified items, and premium bakery lines to meet demographic shifts and health-conscious demand.
- Quality & safety: stringent HACCP and quality-control systems across domestic and overseas plants.
- Global expansion: strategic partnerships and exports to grow brand recognition beyond Japan.
- Sustainability: initiatives to reduce plastic use, lower CO2 emissions in production, and minimize food loss.
Yamazaki Baking Co., Ltd. (2212.T) - Vision Statement
Yamazaki Baking Co., Ltd. positions its vision around delivering everyday food experiences that enrich consumer lives while achieving sustainable corporate growth. The vision combines a customer-first culture, operational discipline, and innovation to expand market presence domestically and internationally, and to generate stable returns for shareholders.- Customer-centric product development that anticipates and delights changing consumer tastes.
- Commitment to consistent product quality across an extensive product lineup (bread, packaged cakes, pastries, and prepared foods).
- Continuous innovation in manufacturing, logistics, and retail formats to create new demand and improve efficiency.
- Maintain financial discipline with an ordinary income margin target of 4% or higher on a consolidated basis.
- Stable shareholder returns with a consolidated payout ratio target around 30%.
| Metric | Recent Reported / Target | Notes |
|---|---|---|
| Consolidated Net Sales (approx.) | ¥610-¥620 billion (recent fiscal period) | Revenue mix: retail bakery, packaged products, foodservice; domestic core market with increasing overseas operations. |
| Ordinary Income | ~¥24-¥25 billion (implying ≈4% margin) | Target: ordinary income margin ≥4% to support reinvestment and dividends. |
| Ordinary Income Margin | 4.0% (target) | Key operating-efficiency and cost-management objective. |
| Net Income (approx.) | ¥14-¥16 billion | Subject to one-time items and tax effects. |
| Dividend Policy | 30% consolidated payout ratio (target) | Designed to maintain stable dividends while retaining earnings for growth. |
| Return on Equity (ROE, approximate) | Mid-to-high single digits (%) | Reflects steady-profitability focus; improved by margin expansion and balance-sheet management. |
- Quality as a strategic differentiator: investments in HACCP-compliant factories, automated lines, and ingredient traceability to protect brand trust.
- Customer-first orientation: product cycles and promotions centered on consumer research, seasonal demand, and convenience-channel needs.
- Innovation and new value creation: leveraging R&D and category know-how to introduce premium, health-oriented, and convenience-led offerings.
- Shareholder commitment: maintaining dividend stability through a targeted 30% payout ratio and aiming for sustainable ordinary income margins to support distributions.

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