Saizeriya (7581 JP):  Improvement In Profitability In Japan Materialized in 3Q24

Saizeriya (7581 JP):  Asia Business Slightly Beat While Japan Operating Profit Missed

Saizeriya (7581 JP):  Best Pick For Asia/China Restaurant Space

Saizeriya (7581 JP):  Japanese Company + Fast Casual Italian Food = China Growth Story?

Analyst

Steve

Equity Bottom-Up

<ul>
<li>After a strong 68% increase in share price in 2023, <a href="https://www.smartkarma.com/entities/saizeriya-co-ltd" target="_blank" data-smartkarma-citation="entities:14362:1" rel="noopener">Saizeriya (7581 JP)</a> has been trading range bound, and up 8% year-to-date in 2024. </li>
<li>Continued weakness in Japan on the profitability front in 1HFY24 offset continued strong performance in China.</li>
<li>Japan's operating profit is set to improve in the second half of the current fiscal year (ending August), and China's strength will continue on the back of accelerating store openings. </li>
</ul>


After a strong 68% increase in share price in 2023, Saizeriya (7581 JP) has been trading range bound, and up 8% year-to-date in 2024. 
Continued weakness in Japan on the profitability front in 1HFY24 offset continued strong performance in China.
Japan's operating profit is set to improve in the second half of the current fiscal year (ending August), and China's strength will continue on the back of accelerating store openings. 


サイゼリヤ（7581 JP）：日本株の収益性向上と中国の継続的な好調により、弱気相場でも買い