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Saizeriya Co. Issues Corrections to Financial Results for Asian Operations

Story Highlights
  • Saizeriya Co. operates in the restaurant industry, focusing on affordable Italian cuisine.
  • The company corrected its Asian net sales figures due to errors, reflecting ongoing expansion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Saizeriya Co. Issues Corrections to Financial Results for Asian Operations

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Saizeriya Co ( (JP:7581) ) has issued an announcement.

Saizeriya Co., Ltd. announced corrections to its previously disclosed Consolidated Financial Results for the nine months ended August 31, 2024. The corrections were necessary due to errors found in the reported net sales figures for its Asian operations, which were adjusted from 58,084 million yen to 57,069 million yen, while the operating profit remained unchanged. This correction highlights the company’s ongoing expansion in Asia, with a significant increase in the number of outlets and a substantial year-on-year growth in operating profit.

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 is listed on the Tokyo Stock Exchange Prime Market and has a significant presence in Asia, where it continues to expand its number of outlets.

Average Trading Volume: 428,807

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen264.5B

Find detailed analytics on 7581 stock on TipRanks’ Stock Analysis page.

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