Annual
Report 2023
Ye a r e n d e d A u g u s t 3 1, 2 0 2 3

Securities code: 7581

La Buona Tavola
avola!!
Saizeriya’s aim is to bring delicious, healthy Italian home-stylecuisine to people around the world in a convenient and enjoyable way.

Our Principle

1

Saizeriya Annual Report 2023

For People

Through Right Way

With Love

Expanding Our Outlet Network in Japan and Overseas

The Number of Restaurants
1,055
Overseas outlets
485
Japan & overseas total 1,540

Domestic outlets

Beijing Saizeriya

Beijing

66

Shanghai Saizeriya

Shanghai
Guangzhou Saizeriya

Guangzhou

150

Hokkaido andTohoku area

As of August 31, 2023

157

69

Taiwan Saizeriya

Taiwan21

Chubu area

158

Hong Kong Saizeriya

Hong Kong

59

Fukushima Plant(Shirakawa City, Fukushima Prefecture)

Kinki area

180

Chugoku area

Singapore Saizeriya

Singapore

20

32

Kyushu area

32

Australia Plant(Melton City, State of Victoria)

Yoshikawa Plant / Head Office(Yoshikawa City, Saitama Prefecture)
Chiba Plant(Chiba City, Chiba Prefecture)

Kanagawa Plant(Yamato City, Kanagawa Prefecture)
Hyogo Plant(Ono City, Hyogo Prefecture)
Kanto area
Shikoku area

3593

New outlets opened one after another!
J u l . 6, 2023 Saizeriya, Aeon Mall Shimoda (Aomori Prefecture)
Aug. 10, 2023 Saizeriya, Seishin-chuo (Hyogo Prefecture)
Aug. 24, 2023 Saizeriya, Aeon Mall Takamatsu (Kagawa Prefecture)
Sep. 26, 2023 Saizeriya, Soyora Musashisayama (Saitama Prefecture)
Sep. 21, 2023 Saizeriya, Hirosaki Hiroro (Aomori Prefecture)
Nov. 9, 2023 Saizeriya, Mizusawa Aterui (Iwate Prefecture)
Nov. 22, 2023 Saizeriya, Marugamemachi Green (Kagawa Prefecture)

Saizeriya Annual Report 2023

2

Consolidated Financial Highlights
2023

Years Ended August 31, 2023 and 2022

2022

2023

Millions of Yen

Thousands of U.S. Dollars

Operational Data:¥183,244¥144,275$1,253,379

Income before Income Taxes and Minority Interests

6,927

8,617

47,380

Profit Attributable to Owners of Parent

5,154

5,660

35,253

Total Assets

155,121

147,930

1,061,019

Net Assets

99,031

94,523

677,366

Net Income per Share¥105.62¥115.91$0.72

Dividends per Share

18.00

18.00

0.12

Net Sales

Financial Data:

Per Share Data (Yen and U.S. Dollars):

Note: The U.S. dollar amounts represent translations of Japanese yen amounts at the rate of ¥146.20=US$1, the approximate rate of exchange on August 31, 2023.

Net Sales

Profit (loss) Attributable to Owners of Parent(Millions of yen)

(Millions of yen)

183,244
5,660
144,275
126,842

5,154

126,513
1,765(3,450)
2020

2021

2022

2023

Total Assets

2020(Millions of yen)

138,045

147,930

Net Assets

94,52380,355

66.4

Saizeriya Annual Report 2023

2021

2022

Equity Ratio(%)

155,121120,068

3

2022

2023

Net Assets / Equity Ratio(Millions of yen)

2020

2021

2023

2020

99,031

83,569

60.1

63.5

63.5

2021

2022

2023

To Our Shareholders
The dining-out industry is seeing heightened consumer
confidence and a recovery in inbound demand as
economic activity returns to normal after the lifting of
COVID-19 restrictions on people’s movements. However,the business environment remains harsh due to a chronic
worker shortage combined with increases in ingredientand energy prices caused by escalating resource prices
and yen weakness.
Under these circumstances, the Group has taken
steps to become a true chain store organization. In
October 2022, we appointed supervisors, who areline staff directly reporting to top management, inorder to accelerate problem solving. In April 2023, we
installed and brought online equipment for new productdevelopment at the Yoshikawa Plant. Going forward, theGroup will push ahead with reforms of outlet operations,products, and our organization and digital transformation(DX) to increase profitability. Additionally, we have beenworking on SDGs, such as the reduction of food loss,
energy savings through improved energy efficiency, andthe reuse of plastics, as well as conducting management
activities with a focus on ESG. We are pushing ahead
with the development of new locations. We opened
the Youme Town Izumo outlet, our first in Shimane
Prefecture, and the Aeon Mall Ayagawa outlet in Kagawa
Prefecture, our first in Shikoku, in December 2022 andopened the ELM outlet, our first in Aomori Prefecture, in
May 2023.
As a result of these initiatives, the Company recorded
net sales of ¥183,244 million (up 27.0% from theprevious fiscal year), operating income of ¥7,222 million(up 1,607.6% from the previous fiscal year), ordinary
income of ¥7,949 million (down 26.2% from the previous
fiscal year), and profit attributable to owners of parent of¥5,154 million (down 8.9% from the previous fiscal year).
In the fiscal year ending August 31, 2024, in order
to industrialize the food business, the Company will
promote innovation, focusing on both hard and soft

Yasuhiko Shougaki

Chairman and Representative Director

Hideharu Matsutani
President and Representative Director

aspects. Our principal initiatives are to improve outlet
equipment and build an organization that can welcome
even more customers, improve the quality of ourofferings by refining each product, rebuild ingredientsupply chains, and further improve productivity bypromoting DX, including systems for outlet operations.
In addition, we are working on SDGs, such as the
reduction of food loss, energy savings through improved
energy efficiency, and the reuse of plastics, as well as
conducting management activities with a focus on ESG.

Saizeriya Annual Report 2023

4

Message from the President– Infrastructure to create an efficientbusiness model –Hideharu Matsutani
President and Representative Director

5

Organization

Products– Reform into a chain store-appropriate organization –– Improving value of top-selling menu items –The establishment of a supervisor system last year

We are working not only to gain a pricemade us an organization where various problems arecompetitiveness but also to further improve quality. In

reported to management. We have also put in placeorder to eliminate waste while also improving quality,

systems to review the outlet management organization

we will identify top-selling items and reduce food loss

and to educate employees to ensure improved QSC

as well as increase the sales volume of top-selling(Quality, Service, Cleanliness) levels. Furthermore,menu items. Additionally, we are pouring our energies

by dividing our entire operations into five zones andinto global-level sourcing and undertaking reviews

allocating zone managers to each, we strive for an

starting with raw materials, including ingredients fororganization conducive to improving profits.

our popular menu items.

Saizeriya Annual Report 2023

Outlet operations

Overseas business– Improving profitability through simplification andstandardization –– Building an organization ready for rapid growth –Outlet operations, which is one of Saizeriya’s strength,

including the COVID-19 and slowing economic growth,has direct bearing on productivity. In addition to

the Company has recorded record-high sales and outlet

focusing on menu items that bring greater enjoyment

numbers. In the fiscal year ending August 31, 2024,

to more customers, we are actively pursuing DX withconditions are ripe for aggressive outlet openings. We

self-checkout and table-top ordering. By using its

will continue to strengthen our organization, focusing

own factories and reducing the number of operation

our efforts on recruitment and human resource

steps, the Company is making focused and active

development to prepare the way for rapid growth as weefforts for capital expenditure that translates to productaccelerate new outlet openings.

Amid sharp changes in the external environment,

development making outlet operations easier.

Saizeriya Annual Report 2023

6

Consolidated Five-Year Summary(Millions of Yen)

2019

2020

2021

2022

2023

156,527

126,842

126,513

144,275

183,244

Operating Income (loss)

9,599(3,815)(2,264)

422

7,222

Ordinary Income (loss)

9,731(2,091)

3,455

10,774

7,949

Profit (loss) Attributable to
Owners of Parent

4,980(3,450)

1,765

5,660

5,154

Total Assets

108,970

120,068

138,045

147,930

155,121

Net Assets

85,17780,35583,56994,52399,031

Shareholders’ Equity Ratio
(%)

77.6

66.4

60.1

63.5

63.5

Net Income (loss) per Share(Yen)

101.48(70.84)36.31

115.91105.62

Cash Dividends per Share
(Yen)

18.00

18.00

18.00

18.00

18.00

Net Sales

Net Sales

Ordinary Income (loss) / Ordinary Income Margin(Millions of yen)

Ordinary Income (Millions of yen)
Ordinary Income Margin (%)

Profit (loss) Attributable to Owners of Parent(Millions of yen)

183,244
156,527

10,774

9,731

144,275
126,842126,513

7.5

6.2

7,949
5.2

4,980

5,660

5,154

2022

2023

3,455
1,765

2.7
(1.8)
(2,091)
2019

7

2020

Saizeriya Annual Report 2023

2021

2022

2023

2019

2020

2021

(3,450)
2022

2023

2019

2020

2021

Segment Results
Japan

Customer numbers improved due to the lifting of COVID-19 restrictions on
peoples’ movements. However, with ingredient and energy prices rising due
to escalating resource prices and yen weakness, total sales in Japan were¥120,482 million (up 19.1% from the previous fiscal year) and operating loss
was ¥1,491 million (operating loss of ¥2,101 million in the previous fiscal year).

Australia

Ingredients used by Saizeriya are manufactured in Australia. Total sales inAustralia were ¥7,449 million (up 30.9% from the previous fiscal year), andoperating income was ¥248 million (up 100.6% from the previous fiscal year).
Despite the impact of a series of lockdowns arising from the Chinese
government’s zero-COVID policy, total sales in Asia were steady due to thegradual lifting of restrictions on people’s movements and a rebound in spending.
Moreover, due to continued progress with new outlet openings, total sales in
Asia were ¥62,740 million (up 45.5% from the previous fiscal year) and operating
income was ¥8,450 million (up 278.2% from the previous fiscal year).

Asia

Outlook for the Fiscal Year Ending August 31, 2024
(Millions of Yen)In the dining-out industry, the harsh conditions are
expected to continue due to the ongoing increases inprices of ingredients and resources as well as rising
personnel costs caused by a worker shortage. The
management environment is expected to change drastically as digitalization accelerates going forward.
In these conditions, the Group will promote newoutlet strategies and sales strategies to become a true
chain store. Furthermore, in order to strengthen the
profitability structure, the Group will work on improving
the store management skills, productivity of operations
by reducing loss on ingredients at outlets and factories
as well as improving the facilities at outlets and factories.
In view of the above, the Company forecasts consolidated net sales of ¥211.0 billion, operating incomeof ¥13.1 billion, ordinary income of ¥12.8 billion, andprofit attributable to owners of parent of ¥8.2 billion.

Total Assets / ROA

2024
forecasts

183,244

211,000

Operating Income (loss)

7,222

13,100Ordinary Income (loss)

7,949

12,800

Profit (loss) Attributable to
Owners of Parent

5,154

8,200

Net Sales

Net Assets / ROE

Total Assets (Millions of yen)
ROA (%)

138,045
108,9702023
results

147,930 155,121

Cash Flows*

Net Assets (Millions of yen)
ROE (%)

120,068
85,177 80,355 83,569

9.1

7.5
5.2

(Millions of yen)

17,382 17,680
94,523 99,031
6.4

5.9

2.7

12,479

11,208
5.4

2.2

6,438

(1.8)
(4.2)
2019

2020

2021

2022

2023

2019

2020

2021

2022

2023

2019

2020

2021

2022

2023

*Net Income + Depreciation and Amortization

Saizeriya Annual Report 2023

8

Consolidated Financial Statements
Consolidated Balance Sheets

Millions of Yen

Thousands of U.S. Dollars (Note 1)

2023

2022

2023

¥ 67,855¥ 60,275$ 464,124

Account Receivable

1,508

1,089

10,314

Accounts receivable-tenants

2,017

1,493

13,796Merchandise and finished goods

10,22010,09369,904

Raw materials and supplies

1,305

1,512

8,926

Other

4,747

4,470

32,46987,65478,935599,548

Buildings and structures

25,22725,482

172,551

Machinery, vehicle and equipment

1,403

1,527

9,596

Furniture and fixtures

3,827

4,086

26,176

Land

6,847

6,971

46,833

47

57

321

Rights of use assets, net

12,826

13,66987,729Construction in progress

484

692

3,310

50,66452,487

346,538

427

412

2,920

279

279

1,908

10,718

10,54773,310

Cooperative advances for construction

29

51

198

Long-term loans

30

30

205

Deferred tax assets

5,182

5,069

35,444

Other

147

174

1,005

Allowance for doubtful accounts

(12)

(12)

(82)

Total Intangible fixed assets and investments and other assets

16,374

16,140111,997

Total fixed assets

67,466

68,994461,463¥ 155,121¥ 147,930$ 1,061,019

August 31, 2023 and 2022

AssetsCurrent assets
Cash and deposits with banks

Total current assets
Fixed assets
Tangible fixed assets

Lease assets, net

Total tangible fixed assets
Intangible fixed assets
Investments and other assets
Investment securities
Caution and guarantee money

Total assets

Notes: (1) The U.S. dollar amounts represent translations of Japanese yen amounts at the rate of ¥146.20=US$1, the approximate rate of exchange on August 31, 2023.
(2) The financial statements are a translation of the Japanese annual securities report’s financial statements.

9

Saizeriya Annual Report 2023

Millions of Yen

2023

August 31, 2023 and 2022

Thousands of U.S. Dollars (Note 1)

2022

2023

Liabilities
Current liabilities
Accounts payable-trade¥ 8,513¥ 5,769$ 58,228

Short-term borrowings

—

—

—

Current portion of long-term loans payable

12,500—

Lease obligations

6,366

5,779

43,543

Income taxes payable

1,472

2,160

10,068

Accrued bonuses

1,541

930

10,540Allowance for special benefit for shareholders

207

218

1,415

Asset retirement obligations

243

286

1,662

8,635

7,696

59,062

39,48022,840270,041—

12,500—

Provision for employee stock ownership plan

1,251

1,114

8,556

Lease obligations

7,649

9,240

52,318

4

33

27

7,601

7,560

51,990

102

116

697

Total long-term liabilities

16,60930,566113,604

Total liabilities

56,09053,407

383,652

Capital stock

8,612

8,612

58,905

Capital surplus

11,201

10,872

76,614Retained earnings

77,377

73,114529,254

Treasury stock(7,388)(7,143)(50,533)

89,80285,455614,240

8,767

8,430

59,965

8,767

8,430

59,965

461

637

3,153

99,031

94,523

677,366¥ 155,121¥ 147,930$ 1,061,019

Other
Total current liabilities
Long-term liabilities
Long-term borrowings

Deferred tax liabilities
Asset retirement obligations
Other

Net assets
Shareholders’ equity

Total shareholders’ equity
Accumulated other comprehensive income
Translation adjustments
Total accumulated other comprehensive income
Subscription rights to shares
Total net assets
Total liabilities and net assets

Saizeriya Annual Report 2023

10

Consolidated Statements of Income

Millions of Yen

Thousands of U.S. Dollars (Note 1)

Years Ended August 31, 2023 and 2022

2023

2022

2023

Net sales¥ 183,244¥ 144,275$ 1,253,379

Cost of sales

72,74753,223

497,585

Gross profit

110,497

91,051

755,793103,274

90,628706,389

7,222

422

49,3981,384

11,0209,466Interest income

621

259

4,248

Foreign exchange gains

66

698

451

Income insurance

2

1

14

Subsidy income

164

9,863

1,122

9

2

62

VAT-differential

284

—

1,943

Other

236

194

1,614

657

669

4,494

506

418

3,461

Commission for purchase of treasury shares

4

—

27

Loss on valuation of derivatives

—

199

—

Litigation expenses

78

—

534

Other

68

50

465

7,949

10,77454,371

Extraordinary income

226

195

1,546

Compensation income

50

32

342

Gain on reversal of subscription rights to shares

175

147

1,197

Other

—

15

—

Extraordinary losses

1,248

2,351

Impairment loss

878

1,923

6,005

Loss on retirement of fixed assets

164

228

1,122

Store closure loss

195

176

1,334

Other

10

22

68

Profit income before income taxes and minority interests

6,927

8,617

47,380Current income taxes

1,907

2,132

13,044

Deferred income taxes

(133)

823

(910)

1,773

2,956

12,127

5,154

5,660

35,253¥ 5,154¥ 5,660$ 35,253

Selling, general and administrative expenses
Operating income
Non-operating income

Subsidies for employment adjustment

Non-operating expenses
Interest expenses

Ordinary income

Total income taxes
Net income
Profit attributable to owners of parent

Notes: (1) The U.S. dollar amounts represent translations of Japanese yen amounts at the rate of ¥146.20=US$1, the approximate rate of exchange on August 31, 2023.
(2) The financial statements are a translation of the Japanese annual securities report’s financial statements.

11

Saizeriya Annual Report 2023

Consolidated Statements of Cash Flows

Millions of Yen

2023

Years Ended August 31, 2023 and 2022
Operating activities
Income before income taxes and minority interests
Depreciation and amortization
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in accrued bonuses
Increase (decrease) in provision for employee stock ownership plan
Increase (decrease) in reserve for special benefit for shareholders
Interest income
Interest expenses
Foreign exchange loss (gain)
Loss (gain) on valuation of derivatives
Loss on retirement of fixed assets
Store closure loss
impairment loss
Compensation income
Income Insurance
Employment adjustment subsidy
Subsidy income
Gain on reversal of share acquisition rights
Decrease (increase) in accounts receivable
Decrease (increase) in accounts receivable-tenants
Decrease (increase) in inventories
Decrease (increase) in other current assets
Increase in accounts payable-trade
Increase (decrease) in other current liabilities
Other
SubtotalInterest and dividends received
Interest paid
Income tax paid
Corporate tax refund amountCompensation income
Proceeds from insurance income
Proceeds from subsidies for emploment adjustment
Subsidies received
Net cash provided by operating activities
Investing activities:
Payments from acquisition of shares of affiliated companies
Proceeds from long-term time deposit refund
Purchase of tangible fixed assets
Purchase of intangible fixed assets
Payments for caution money, guarantee money and cooperative advances for construction
Proceeds from collection of caution, guarantee money and cooperative advances for construction
Payments from loans to affiliated companies
Other payments
Net cash used in investing activities
Financing activities:
Repayments of short-term borrowings
Repayments of lease obligations
Purchase of treasury stock
Proceeds from exercise of share options
Dividends paid
Net cash provided by (used in) financing activities
Translation differences on cash and cash equivalents
Increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period

Thousands of U.S. Dollars (Note 1)

2022

2023

¥ 6,927
12,526
(0)
591
136
(11)
(621)
506
(427)
—
164
195
878
(50)
(2)
(9)
(164)
(175)
(416)
(523)
131
464
2,718
662
98
23,599551(506)(3,021)—0
2
9
164
20,799¥ 8,617
11,721
(0)
95
130
11
(259)
418
(711)
199
228
176
1,923
(32)
(1)
(2)
(9,863)
(147)
(531)
(544)
(2,325)
(130)
1,383
2,237
221
12,815222(418)(1,038)
110
32
1
252
9,863
21,841$ 47,380
85,677
(3)
4,042
930
(75)
(4,248)3,461(2,921)
—
1,122
1,334
6,005
(342)
(14)
(62)
(1,122)(1,197)(2,845)(3,577)896
3,174
18,591
4,528
670
161,416
3,769(3,461)(20,663)
—
0
14
62
1,122
142,264——(5,312)
(173)
(647)
633
—
(405)
(5,906)(20)
2,830(4,728)
(69)
(434)
530
(30)
(535)
(2,456)——(36,334)(1,183)(4,425)4,330—(2,770)(40,397)—(7,011)(1,000)741(892)(8,163)849
7,579
60,275¥ 67,855(10,000)(5,710)
(0)
136
(891)
(16,466)
4,625
7,545
52,730¥ 60,275—(47,955)(6,840)
5,068(6,101)(55,834)
5,807
51,840412,278$ 464,124Notes: (1) The U.S. dollar amounts represent translations of Japanese yen amounts at the rate of ¥146.20=US$1, the approximate rate of exchange on August 31, 2023.
(2) The financial statements are a translation of the Japanese annual securities report’s financial statements.

Saizeriya Annual Report 2023

12

Consolidated Statement of Changes in Net Assets

Millions of Yen
Accumulated othercomprehensive income

Shareholders’ equity
Year Ended August 31, 2023

Balance as of September 1, 2022

Share capital

CapitalsurplusRetainedearnings

Treasuryshares¥8,612¥10,872¥73,114¥(7,143)

Total
Total
Foreign currency accumulatedshareholders’translation
other
equityadjustment comprehensive
income¥85,455¥8,430¥8,430Share
acquisitionrightsTotal net
assets¥637¥94,523

Dividends

(891)

(891)

(891)

Profit attributable to owners of parent

5,154

5,154

5,154

(1,000)(1,000)(1,000)

755

1,084

1,084

Acquisition of treasury stock

328

Disposal of treasury stock
Net changes of items other thanshareholders equity
Total changes during the term
Balance as of September 31, 2023

336

336

(175)

160

—

328

4,263

(245)

4,346

336

336

(175)

4,507

¥8,612¥11,201¥77,377¥(7,388)¥89,802¥8,767¥8,767¥461¥99,031

Thousands of U.S. Dollars (Note 1)
Shareholder`s equity

Accumulated othercomprehensive income

Capital stock

CapitalsurplusRetainedearnings

Treasurystock

Subscription
Totalrights to
Total
accumulated
Translation
sharesshareholder`sotheradjustments
equitycomprehensive
income$58,906$74,364$500,096$(48,858) $584,508

Dividends(6,094)(6,094)(6,094)

Profit attributable to owners of parent

35,25335,25335,253(6,840)(6,840)(6,840)

5,164

7,415

7,415

Year Ended August 31, 2023

Balance as of September 1, 2022

Acquisition of treasury stock

2,244

Disposal of treasury stock
Net changes of items other thanshareholders equity
Total changes during the term
Balance as of September 31, 2023

$58,906

2,244

29,159$76,614$529,254$57,661$57,661

Saizeriya Annual Report 2023

$646,532

2,298

2,298

(1,197)

1,094

29,726

2,298

2,298

(1,197)30,828$(50,534) $614,241$59,966$59,966$3,153$677,367(1,676)

Notes: (1) The U.S. dollar amounts represent translations of Japanese yen amounts at the rate of ¥146.20=US$1, the approximate rate of exchange on August 31, 2023.
(2) The financial statements are a translation of the Japanese annual securities report’s financial statements.

13$4,357

Total net
assetsCorporate Data and Shareholders’ Information
Corporate Data

As of August 31, 2023
Board of Directors and Audit andSupervisory Committee Members

Consolidated Subsidiaries
Company Name

Saizeriya Co., Ltd.
Chairman and Representative Director

Yasuhiko Shogaki
President and Representative Director

Hideharu Matsutani
Head Office2-5, Asahi, Yoshikawa City,
Saitama 342-0008, Japan
EstablishedMay 1, 1973
Capital Stock¥8,612,500,000
Number of Employees

Chairman

Saizeriya Australia Pty. Ltd.

Yasuhiko Shogaki
President

Hideharu Matsutani

Shanghai Saizeriya Co., Ltd.
Director

Noboru Nagaoka

Guangzhou Saizeriya Co., Ltd.

Director, Standing Audit and Supervisory Committee Member

Yasuo Nakajima

Beijing Saizeriya Co., Ltd.

Outside Director, Audit and Supervisory Committee Member

Taiwan Saizeriya Co., Ltd.

Outside Director, Audit and Supervisory Committee Member

Michiharu Matsuda
Takashi Arakawa
Outside Director, Audit and Supervisory Committee Member

Hong Kong Saizeriya Co. Limited

Marie Eguchi
As of November 28, 2023

Singapore Saizeriya Pte. Ltd.

3,980 (Full-time employees; on a consolidated basis)
Number of Outlets

1,540 (1,055 in Japan and 485 overseas)

Shareholders’ Information

As of August 31, 2023

Principal Shareholders
Number of
Shares Held
(Unit: 1,000 shares)

Percentage ofTotal Shares (%)

Yasuhiko Shogaki

15,24830.77

Babette Co., Ltd.

4,200

8.48

The Master Trust Bank of Japan, Ltd

3,570

7.20

Custody Bank of Japan, Ltd. (Trust Account)

2,891

5.83

Saizeriya Employees’ Stock Holding Association

1,567

3.16

MSIP CLIENT SECURITIES

683

1.38

Custody Bank of Japan, Ltd. (Trust E Account)

626

1.26

Morgan Stanley MUFG Securities Co., Ltd.

392

0.79

STATE STREET BANK WEST CLIENT - TREATY 505234

391

0.79

SSBTC CLIENT OMNIBUS ACCOUNT

324

0.65

Total Number of Shares Authorized

73,208,000
Number of Shares Issued

52,272,342
Shares Listed on

Prime Market, Tokyo Stock Exchange
Number of Shareholders

51,709Ownership of Shares by Category
Number of
Shareholders

Number ofPercentage ofShares Held* Total
Shares (%)(Unit: 100 shares)

Japanese financial institutions

20

78,722

15.08

Japanese securities companies

27

9,313

1.78

Other Japanese corporations

289

44,3488.50

Foreign corporations and individuals

216

54,130

10.37

Japanese individuals and others

51,157

335,527

64.27

Total

51,709522,040

100.00*Odd-lot shares are excluded.

Saizeriya Annual Report 2023

14

Saizeriya Co., Ltd.
2-5, Asahi, Yoshikawa City, Saitama 342-0008, Japan
Phone: +81-48-991-9611 Fax: +81-48-991-9637

URL https://www.saizeriya.co.jp/
Printed in Japan