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Saizeriya Shares Tumble as Rising Food Costs Prompt Downward Revision to FY2026 Profit Forecast
Saizeriya <7581> was the top decliner on the Tokyo Stock Exchange Prime Market, with shares falling sharply after the company released a downward revision to its consolidated earnings forecast for the fiscal year ending August 2026 following the close of trading on the 8th. Operating profit was revised down from \19.0 billion to \18.2 billion (up 17.4% YoY), while net profit was lowered from \12.4 billion to \11.8 billion (up 5.7% YoY).
On the top line, the company raised its sales forecast from \276.3 billion to \297.0 billion (up 15.7% YoY), supported by continued growth in same-store customer traffic and average spend per visit, driven by menu innovation and ongoing digital transformation initiatives. However, profitability came under pressure due to a weaker-than-expected gross margin in the first half, primarily reflecting rising food costs ? most notably soaring rice prices ? a trend the company expects to persist into the second half.
For the interim period ended February, Saizeriya reported sales of \142.9 billion (up 17.5% YoY), operating profit of \8.7 billion (up 39.9% YoY), and net profit of \5.6 billion (up 20.7% YoY).
In a separate announcement, Saizeriya disclosed the establishment of wholly owned subsidiaries in Chengdu, China and Indonesia, with the aim of accelerating store expansion in both markets and driving further business growth. The company noted that the financial impact of this development is expected to be minimal.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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