www.yamazakipan.co.jp/news/pdf/20231221.pdf

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山崎製パン株式会社 2023年12月期業績予想修正に関するお知らせ

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This document announces that Yamazaki Baking Co., Ltd. will record special profits (negative goodwill) for the fiscal year ending December 2023 and revise its earnings forecast. The special profit is expected to be approximately 2,633 million yen, related to the acquisition of YK Baking Company as a subsidiary. The revised earnings forecast includes sales of 1,172,000 million yen, operating profit of 39,500 million yen, ordinary profit of 43,500 million yen, and net profit attributable to shareholders of 27,500 million yen. These revisions are primarily due to strong performance in the sweet bread sector and the implementation of effective management practices in the retail business.