Analyst

Steve

Experience in both buy and sell-side in Asia.

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

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

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

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. 


Saizeriya (7581 JP):  Buy On Any Weakness On A More Profitable Japan And Continued Strength In China