Saizeriya's Asia business grew sales by 17.1% in the year to August 2026 and still earned less. Segment operating profit there fell 4.2% to ¥9.7bn, while Japan's rose 19.4% to ¥6.0bn, according to the restaurant chain's annual earnings summary dated 14 October 2026.
Group numbers
Consolidated sales rose 17.4% to ¥301.5bn. Operating profit rose 5.9% to ¥16.4bn, but net profit attributable to owners of the parent fell 1.1% to ¥11.0bn. The operating margin was 5.4%, against 6.0% a year earlier.
Japan up, Asia down
Japan's sales rose 17.6% to ¥203.3bn. Saizeriya says the weak yen kept pushing up food and energy costs, but an in-store staffing structure, menu measures and digital tools offset them.
In Asia, sales reached ¥98.1bn as new openings lifted the store count. Operating profit slipped even so. The summary gives no explanation for the profit decline. Australia, which mainly makes ingredients for the group, lifted operating profit 130.3% to ¥749mn.
What was already delivered
Several operating milestones predate the results. QR-code ordering on customers' phones reached every store by the end of December 2025. A new plant in Guangzhou was completed in January 2026, and the first Wuhan restaurant opened the same month.
Vietnam got its third restaurant in October 2025, and the first Malaysian restaurant opened in June 2026. The chain also revised its grand menu in June 2026 and extended its breakfast-only menu to Tohoku (Fukushima) in January and Hokuriku (Niigata) in June.
Pricing and the year ahead
Saizeriya says it has so far met rising ingredient and energy costs by improving sourcing and supply chains and holding menu prices. It will keep making those improvements, but says price revisions to maintain product quality will be made as circumstances require. The summary sets no timing or size for any increase.
For the year to August 2027, the company guides to sales of ¥333.7bn and operating profit of ¥21.2bn, up 29.1%. Net profit is guided to ¥13.4bn, up 21.3%. The first-half guide is less rosy: operating profit of ¥8.6bn, down 0.6%. These are forecasts, not results, and the company notes that actual outcomes may differ materially.
The year-end dividend is ¥35 a share, up from ¥30, and the same payout is forecast for the coming year. Shareholders vote on it at the 27 November 2026 annual meeting.
The unit-growth story abroad now has to show it can pay. In the year to August 2026 it did not: Asia added sales, and Japan supplied the profit growth.