Saizeriya (7581) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 FY2025 was ¥61,275 million, a 16.4% increase year-over-year, with operating profit at ¥3,918 million, up 13.3% year-over-year, and ordinary profit at ¥4,062 million, up 8.0% year-over-year. Net profit attributable to shareholders was ¥2,655 million, a 1.7% decrease year-over-year.

• Growth was driven by increased consumer spending and inbound demand, but profit was pressured by higher costs due to yen depreciation and resource price hikes.

• Initiatives included expanding digital ordering to 450 stores, menu improvements, and new store openings in previously unserved prefectures.

Financial highlights

• Gross profit for Q1 FY2025 was ¥35,701 million, up from ¥31,240 million year-over-year.

• SG&A expenses rose to ¥31,783 million from ¥27,781 million year-over-year.

• Comprehensive income for the quarter was negative at ¥455 million, compared to ¥3,887 million the previous year, mainly due to foreign currency translation adjustments.

• Depreciation expense increased to ¥3,690 million from ¥3,168 million year-over-year.

Outlook and guidance

• No changes to the full-year consolidated earnings forecast announced on October 9, 2024.