FIRST BAKING CO., LTD.
2215・Standard Market・Foods
FIRST BAKING CO., LTD.2215
FIRST BAKING CO., LTD.2215
Reference Indicators
Market Cap
42¥100M
P/E (Forecast)
23.1x
P/B
0.5x
Dividend Yield (Forecast)
0.00%
ROE
3.9%
EV/EBITDA
1.1x
Financial Summary
Unit: ¥M
| Item | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|
Net Sales | 23,864 | 24,390 | 26,442 | 27,183 | 28,957 |
Cost of Sales | 17,602 | 18,656 | 19,405 | 19,726 | 21,463 |
Gross Profit | 6,261 | 5,734 | 7,037 | 7,456 | 7,493 |
SG&A Expenses | 6,894 | 6,403 | 6,439 | 6,851 | 7,027 |
Operating Income | -633 | -669 | 597 | 604 | 466 |
Non-operating Income | 233 | 211 | 94 | 57 | 59 |
Non-operating Expenses | 123 | 96 | 74 | 63 | 78 |
Ordinary Income | -523 | -554 | 617 | 598 | 446 |
Extraordinary Income | — | 703 | 1 | 1,366 | — |
Extraordinary Losses | 176 | 1,255 | 103 | 141 | — |
Pre-tax Income | -699 | -1,105 | 515 | 1,823 | 446 |
Income Taxes | 39 | 39 | 41 | -231 | 126 |
Net Income | -739 | -1,145 | 474 | 2,055 | 320 |
EBITDA | -35 | -94 | 1,114 | 1,125 | 1,014 |
Gross Margin | 26.2% | 23.5% | 26.6% | 27.4% | 25.9% |
Operating Margin | -2.7% | -2.7% | 2.3% | 2.2% | 1.6% |
ROA | -4.1% | -6.7% | 2.7% | 13.0% | 2.0% |
ROE | -9.4% | -19.6% | 7.9% | 28.8% | 3.9% |
Segment Performance
Unit: ¥M
2026
| Segment | Net Sales | Operating Income | Operating Margin |
|---|---|---|---|
| 食品事業 | 28,653 | 1,434 | 5.0% |
| 不動産事業 | 303 | 275 | 90.8% |

