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Yamazaki Baking Co (TSE:2212) EBIT : 円54,764 Mil (TTM As of Mar. 2024)


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What is Yamazaki Baking Co EBIT?

Yamazaki Baking Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was 円17,806 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was 円54,764 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Yamazaki Baking Co's annualized ROC % for the quarter that ended in Mar. 2024 was 6.82%. Yamazaki Baking Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 20.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Yamazaki Baking Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.34%.


Yamazaki Baking Co EBIT Historical Data

The historical data trend for Yamazaki Baking Co's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Yamazaki Baking Co EBIT Chart

Yamazaki Baking Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24,061.00 17,059.00 20,742.00 23,970.00 46,561.00

Yamazaki Baking Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9,603.00 12,778.00 7,810.00 16,370.00 17,806.00

Competitive Comparison of Yamazaki Baking Co's EBIT

For the Packaged Foods subindustry, Yamazaki Baking Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Yamazaki Baking Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yamazaki Baking Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Yamazaki Baking Co's EV-to-EBIT falls into.



Yamazaki Baking Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円54,764 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Yamazaki Baking Co  (TSE:2212) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Yamazaki Baking Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=66052 * ( 1 - 33.35% )/( (644310 + 646718)/ 2 )
=44023.658/645514
=6.82 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Yamazaki Baking Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=71224/( ( (347586 + max(-18868, 0)) + (345934 + max(-14213, 0)) )/ 2 )
=71224/( ( 347586 + 345934 )/ 2 )
=71224/346760
=20.54 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(135113 + 29681 + 15056) - (100815 + 0 + 97903)
=-18868

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(133516 + 29650 + 14512) - (92133 + 0 + 99758)
=-14213

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Yamazaki Baking Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=54764/656643.338
=8.34 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Yamazaki Baking Co EBIT Related Terms

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Yamazaki Baking Co (TSE:2212) Business Description

Traded in Other Exchanges
N/A
Address
10-1, Iwamotocho 3-chome, Chiyoda-ku, Tokyo, JPN, 101-8585
Yamazaki Baking is the largest manufacturer of packaged baked goods in Japan, with a nationwide manufacturing and distribution network. It holds about a 40% share of domestic packaged bakery sales. Bread loaves and sweet buns contribute about 44% of group sales. Other key products include Japanese and western-style sweets, biscuits, as well as sandwiches and prepared meal boxes supplied to convenience stores and supermarkets. It also operates a chain of 1,400-plus Daily Yamazaki convenience stores in Japan. While Yamazaki also operates fresh bakeries in Asia, most of the overseas businesses remain unconsolidated given unmeaningful contribution.

Yamazaki Baking Co (TSE:2212) Headlines

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