Saizeriya (7581) Q4 2024 earnings summary

Executive summary

• Net sales rose 22.5% year-over-year to ¥224.5 billion, with operating income up 105.8% and profit attributable to owners of parent up 58.1% to ¥8.15 billion.

• Net sales and operating income exceeded both previous year and budget projections.

• Outlet network expanded to 1,569 locations globally, with a consolidated net increase of 29 restaurants, mainly overseas.

• Completed self-checkout installation and rolled out mobile ordering at 400 outlets, aiming for full implementation by August 2025.

• Management focused on improving outlet operations, product quality, and digital transformation to drive profitability.

Financial highlights

• Consolidated net sales: ¥224.5 billion (up ¥41.3 billion year-over-year).

• Operating income: ¥14.86 billion (up ¥7.64 billion year-over-year).

• Profit for the year: ¥8.15 billion (up ¥2.99 billion year-over-year).

• Domestic net sales: ¥146.5 billion; overseas net sales: ¥78.0 billion (34.8% of total).

• Net income per share: ¥166.28; dividends per share: ¥25.00.

Outlook and guidance

• FY2025 projected net sales: ¥253.6 billion; operating income: ¥16.6 billion; profit for the year: ¥10.3 billion.

• Net increase of 113 restaurants expected, with 104 overseas.

• Plans to further expand outlet network, enhance digitalization, and improve profitability structure.

• Focus on digital transformation, SDGs, and global expansion.