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Consumer Non-Durables

First Baking Co., Ltd.

Business Summary

First Baking Co., Ltd. engages in the manufacture and sale of bread, Japanese sweets, cookies, and confectionery items. It operates through the following divisions: Bread, Japanese and Western Confectioneries, and Others. The Bread division manufactures and sells bread through the company and its subsidiary. The Japanese and Western Confectioneries division manufactures and sells sweets. The Others division sells cookies and other baked goods. The company was founded by Yoshio Hosogai on May 16, 1947 and is headquartered in Tokyo, Japan.

Financial Highlights

Dec 2020 JPYUSD
Revenue24,021M224.98M
Gross Profit6,361M59.57M
Operating income-462M-4.32M
Income before tax-320M-2.99M
Net income-368M-3.44M
EBITDA211M1.97M
Diluted EPS-53.15-0.49
Dividends Per Share00
Total Assets18,537M179.54M
Total liabilities10,355M100.29M
Total equity8,178M79.20M
Operating cash flow233M2.18M
Currency in JPYCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 26,693M 26,602M 25,145M 24,751M 24,021M
Gross Profit 7,837M 7,603M 6,597M 6,542M 6,361M
Operating income 466M -41M -571M -556M -462M
Income before tax 553M 264M -478M -507M -320M
Net income 410M 57M -531M -551M -368M
EBITDA 1,133M 609M 109M 114M 211M
Diluted EPS 59.21 8.23 -76.69 -79.58 -53.15
Dividends Per Share 0 0 0 0 0
Total Assets 20,013M 20,015M 19,470M 18,583M 18,537M
Total liabilities 10,695M 10,625M 10,516M 10,164M 10,355M
Total equity 9,314M 9,385M 8,949M 8,413M 8,178M
Operating cash flow 1,208M 246M 348M 317M 233M
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 245.65M 237.23M 227.67M 227.05M 224.98M
Gross Profit 72.12M 67.80M 59.73M 60.01M 59.57M
Operating income 4.28M -0.36M -5.17M -5.10M -4.32M
Income before tax 5.08M 2.35M -4.32M -4.65M -2.99M
Net income 3.77M 0.50M -4.80M -5.05M -3.44M
EBITDA 10.42M 5.43M 0.98M 1.04M 1.97M
Diluted EPS 0.54 0.07 -0.69 -0.73 -0.49
Dividends Per Share 0 0 0 0 0
Total Assets 171.58M 177.67M 177.45M 170.99M 179.54M
Total liabilities 91.69M 94.31M 95.84M 93.52M 100.29M
Total equity 79.85M 83.31M 81.56M 77.41M 79.20M
Operating cash flow 11.11M 2.19M 3.15M 2.90M 2.18M

Valuation Measures

Dec 2020
PER--
ROA-1.98%
ROE-4.43%
Operating margin-1.92%
Profit margin-1.53%

Key executives

  • President & Representative Director: Masatsugu Hosogai
  • Auditor: Takayuki Fukui
  • General Manager-Corporate: Kunihiko Yano

Shareholders

  • Toyota Tsusho Corp. (33.3%)
  • MF Asset Management Godo Kaisha (4.3%)
  • HOSOGAI RIE (4.2%)
  • HOSOGAI TAKASHI (3.8%)
  • Mizuho Financial Group, Inc. (3.4%)
  • Showa Sangyo Co., Ltd. (2.0%)
  • NIPPN Corp. (2.0%)
  • Nomura Asset Management Co., Ltd. (1.7%)
  • Sompo Holdings, Inc. (1.3%)
  • Sumitomo Mitsui Trust Holdings, Inc. (1.3%)

Contact Details

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Competitors

    Last Updated on 26 Nov, 2021

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