Saizeriya (7581) Q3 2024 earnings summary

Executive summary

• Revenue for the nine months ended May 31, 2024, rose 23.6% year-over-year to ¥163.27 billion, with operating income up 182.0% to ¥10.07 billion and net income attributable to shareholders up 94.9% to ¥5.18 billion.

• Growth was driven by increased domestic and inbound demand, digital transformation initiatives, and improved store management, despite ongoing cost pressures from resource prices and a weak yen.

• All segments—Japan, Australia, and Asia—reported significant sales and profit growth, with Asia leading in both revenue and operating profit increases.

• A new factory in Guangzhou was consolidated into the group from Q3, reflecting increased strategic importance.

Financial highlights

• Revenue: ¥163.27 billion (up 23.6% year-over-year).

• Operating income: ¥10.07 billion (up 182.0% year-over-year).

• Ordinary income: ¥10.57 billion (up 167.8% year-over-year).

• Net income attributable to shareholders: ¥5.18 billion (up 94.9% year-over-year).

• Comprehensive income: ¥7.72 billion (up 509.8% year-over-year).

Outlook and guidance

• Full-year consolidated earnings forecast remains unchanged from the February 29, 2024, announcement.