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Saizeriya Co. Corrects Financial Results for FY 2024

Story Highlights
  • Saizeriya Co. operates in the restaurant industry, focusing on affordable Italian cuisine.
  • The company corrected its FY 2024 financial results, adjusting Asian net sales figures.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Saizeriya Co. Corrects Financial Results for FY 2024

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Saizeriya Co ( (JP:7581) ) has provided an update.

Saizeriya Co., Ltd. announced corrections to its previously disclosed Consolidated Financial Results for the fiscal year ended August 31, 2024. The corrections pertain to errors in reported net sales figures for its Asian segment, which were adjusted from 79,378 million yen to 78,055 million yen, reflecting a 24.4% year-over-year increase. Despite the correction, the company’s operating profit in Asia remained strong with a 37.5% increase, indicating robust performance in the region. These adjustments highlight the company’s ongoing efforts to maintain transparency and accuracy in its financial reporting, which is crucial for stakeholders and investors.

The most recent analyst rating on (JP:7581) stock is a Buy with a Yen5300.00 price target. To see the full list of analyst forecasts on Saizeriya Co stock, see the JP:7581 Stock Forecast page.

More about Saizeriya Co

Saizeriya Co., Ltd. operates in the restaurant industry, primarily focusing on providing affordable Italian cuisine. The company has a significant presence in Asia, with a strategy centered on expanding its number of outlets to increase market reach and sales.

Average Trading Volume: 428,807

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen264.5B

See more data about 7581 stock on TipRanks’ Stock Analysis page.

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