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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Yamazaki Baking Co's retained earnings for the quarter that ended in Dec. 2025 was $2,608 Mil.
Yamazaki Baking Co's quarterly retained earnings
declined
from Jun. 2025 ($2,690 Mil) to Sep. 2025 ($2,674 Mil) and
declined
from Sep. 2025 ($2,674 Mil) to Dec. 2025 ($2,608 Mil).
Yamazaki Baking Co's annual retained earnings
increased
from Dec. 2023 ($2,385 Mil) to Dec. 2024 ($2,436 Mil) and
increased
from Dec. 2024 ($2,436 Mil) to Dec. 2025 ($2,608 Mil).
Yamazaki Baking Co (OTCPK:YMZBY) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Yamazaki Baking Co Retained Earnings Historical Data
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The historical data trend for Yamazaki Baking Co's Retained Earnings 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.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
Yamazaki Baking Co (YMZBY) has a Retained Earnings of $2,608 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Yamazaki Baking Co and its competitors.
Is Yamazaki Baking Co's Retained Earnings too high?
Yamazaki Baking Co's current Retained Earnings is $2,608 Mil. Overall, Yamazaki Baking Co has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Yamazaki Baking Co's Retained Earnings compare to KHC and GIS?
Yamazaki Baking Co's Retained Earnings of $2,608 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Consumer Packaged Goods company?
A good Retained Earnings depends on the Consumer Packaged Goods industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Yamazaki Baking Co and its competitors. Yamazaki Baking Co's current Retained Earnings is $2,608 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yamazaki Baking Co stock overvalued right now?
Yamazaki Baking Co (YMZBY) has a current Retained Earnings of $2,608 Mil. The stock's GF Value™ is $181.74, compared to a current price of $180.00 — trading 1% below its estimated fair value. The current Retained Earnings is $2,608 Mil. Yamazaki Baking Co's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Yamazaki Baking Co (YMZBY), the current Retained Earnings is $2,608 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Yamazaki Baking Co (YMZBY) Overvalued in 2026?
Based on GuruFocus' analysis, Yamazaki Baking Co stock appears to be undervalued.
The current stock price of $180.00 is trading 1% below its estimated GF Value™ of $181.74.
Key valuation signals for YMZBY:
Retained Earnings: $2,608 Mil
GF Value™: $181.74 vs. price of $180.00 (1% below fair value)
No single metric tells the full story. See the YMZBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yamazaki Baking Co Ltd is a Japan-based company specializing in the production of baked goods, including bread, pastries, and cakes. The company operates through Food, Distribution, and Other segments. The Food segment produces bread, confectionery, and bakery products, selling to retailers and running bakery cafes in Japan and abroad. The Distribution segment manages convenience stores and food supermarkets. The Others segment handles logistics, food plant design and construction, non-life insurance agency services, and the production of cleaning agents for baking equipment. It generates the majority of its revenue from the Food business segment.
82GF Score
Get the complete analysis for YMZBY
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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