Annual
Report 2021
Ye a r e n d e d A u g u s t 3 1, 2 0 2 1

Securities code: 7581

Saizeriya Co., Ltd.

Our Mission

Our Philosophy

La
Buona
Tavola!
Our mission calls for a restaurant that brings joy andhappiness to all customers and employees.

Our Principle

1

Saizeriya Annual Report 2021

For People
Through Right Way
With Love

Expanding Our Outlet Network in Japan and Overseas

The Number of Restaurants
1,089
Overseas outlets
464
Japan & overseas total 1,553

Domestic outlets

Beijing Saizeriya

Beijing86

Shanghai Saizeriya

Shanghai
Guangzhou Saizeriya

Guangzhou

126

Hokkaido andTohoku area

As of August 31, 2021

150

60

Taiwan Saizeriya

Taiwan17

Chubu area

161

Hong Kong Saizeriya

Hong Kong

54

Fukushima Plant(Shirakawa City, Fukushima Prefecture)

Kinki area

197

Singapore Saizeriya

Singapore

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

Chugoku area

19

31

Chiba Plant(Chiba City, Chiba Prefecture)

Kanagawa Plant(Yamato City, Kanagawa Prefecture)
Kyushu area

35

Australia Plant(Melton City, State of Victoria)

Kanto area
Hyogo Plant(Ono City, Hyogo Prefecture)617

New outlets opened one after another!
Sep. 9, 2021 Saizeriya, Aeon Mall Ibaraki (Osaka Prefecture)
Sep. 9, 2021 Saizeriya, Seven Park Ario Kashiwa (Chiba Prefecture)
Sep. 16, 2021 Saizeriya, Aeon Mall Itami Koya (Hyogo Prefecture)
Sep. 27, 2021 Milano Shokudo, Mariano Takadanobaba (Tokyo)
Oct. 7, 2021 Saizeriya, Aeon Mall Higashikurume (Tokyo)
Oct. 13, 2021 Saizeriya, Nerima Yahara 4-chome (Tokyo)
Oct. 20, 2021 Saizeriya, Youme Town Himeji (Hyogo Prefecture)
Oct. 28, 2021 Saizeriya, Tanashi Station South Exit (Tokyo)
Nov. 17, 2021 Saizeriya, Seven Park Amami (Osaka Prefecture)
Nov. 17, 2021 Saizeriya, Aeon Mall Kyoto Gojo (Kyoto Prefecture)

Saizeriya Annual Report 20212

Consolidated Financial Highlights
2021

Years Ended August 31, 2021 and 2020

2020

2021

Millions of Yen

Thousands of U.S. Dollars

Operational Data:¥126,513¥126,842$1,151,165

Income (loss) before Income Taxes and Minority Interests

2,593(4,530)23,594

Profit (loss) Attributable to Owners of Parent

1,765(3,450)16,060Total Assets

138,045

120,068

1,256,096

Net Assets

83,56980,355760,409

Net Income (loss) per Share¥36.31¥(70.84)$0.33

Dividends per Share

18.00

18.00

0.16

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 ¥109.90=US$1, the approximate rate of exchange on August 31, 2021.

Net Sales

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

(Millions of yen)

154,063

156,527
126,842

126,513

5,074

4,980
1,765

(3,450)
2018

2019

2020

2021

Total Assets

2019

2020

138,045
120,068
108,970(Millions of yen)

Net Assets

Equity Ratio(%)

83,39685,17779.1

77.6

80,355

66.4

2018

3

Saizeriya Annual Report 2021

2021

Net Assets / Equity Ratio(Millions of yen)

104,896

2018

2019

2020

2021

2018

2019

2020

83,56960.1

2021

To Our Shareholders

Issei Horino

President and Representative Director

Yasuhiko Shougaki

Chairman and Representative Director

We would like to offer our deepest condolences to those

As a result, the Company recorded net sales of

who contracted COVID-19 and those whose lives were

¥126,513 million (down 0.3% from the previous fiscal

negatively affected by the pandemic.

year), operating loss of ¥2,264 million (operating loss ofIn the dining-out industry, there were signs of gradual¥3,815 million in the previous fiscal year), ordinary income

recovery in net sales prompted by a decrease in theof ¥3,455 million (ordinary loss of ¥2,091 million in thenumber of COVID-19 cases and the government’s

previous fiscal year), and profit attributable to owners of

economic stimulus packages. However, harsh conditions

parent of ¥1,765 million (loss attributable to owners of

persisted due to the impact of people refraining from goingparent of ¥3,450 million in the previous fiscal year).

out based on the declaration of a state of emergency

In the fiscal year ending August 31, 2022, with thebeing issued again, as well as more requests to refrain

aim of attaining future growth and further advances, thefrom providing alcohol and to shorten opening hours.

Company will promote innovation, focusing on both hard

Furthermore, the environment surrounding the dining-out

and soft aspects.

industry is changing significantly, represented by a sharp

Our principal initiatives are to develop attractive products

increase in the use of takeout and delivery services.

unique to Saizeriya and enhance quality and productivity

Amid such circumstances, Saizeriya placed thethrough technological improvement. At the same time, inutmost importance on measures to prevent COVID-19,

our operations we will emphasize initiatives that lead to

and worked on creating an outlet environment where

achieving SDGs, such as measures against waste loss andcustomers will feel safe to dine in. We ensured the safety

energy saving and environmental measures at our outlets,of our employees by eliminating late night openings, andplants, and farms.

strived to streamline our outlet operations by shortening
the time it takes for the opening and closing tasks.

We seek your continued understanding of our efforts as
our shareholders, and look forward to your continued support.

Saizeriya Annual Report 2021

4

Message from the President

Industrialize the food businesswith the help of our supporters
Horino Issei

President and Representative Director

Restaurant Business in Japan

Overseas business

Strengthening profitability structure throughwaste reduction

Strengthening profitability by being anorganization that can respond to changes rapidly

Regarding the restaurant business in Japan, consumer

The overseas business is performing well overall,behaviors have changed due in part to people

but the situations including country risks andrefraining from going out amid the COVID-19 crisis.

foreign exchange rates are different for each region.

Firstly, we will hire more full-time employees andAccordingly, we will further strengthen our efforts tofurther train our employees in service skills, with thedevelop an organization that can appropriately andaim of enhancing customer loyalty, which will increaseswiftly adapt to changes by enhancing our governancethe frequency of repeat visits. In addition, we will

and capabilities to collect and analyze information.

improve profitability such as by selling foodstuffs at our

Regarding merchandising, we will further

outlets. At the same time, we will continue thoroughly

distinguish ourselves from our competitors by using

reducing waste and reducing fixed costs to lower thequality in-house products that are highly cost effective,

break-even point.

while paying attention to appropriate prices for each

Regarding merchandising, we will offer productsthat can serve a wider range of TPOS and expand the

By increasing output and improving production

scope of target customers by refining staple products

efficiency at our factory in Australia, we will improveand introducing authentic Italian dishes not well-known

profitability of the entire Group.

in Japan.

5locale.

Saizeriya Annual Report 2021

New businesses in Japan

Organization

Expanding sales channels in line with new lifestyles
For new businesses in Japan, we will develop Milano

Organization that can grow by turning changes into
opportunities for new attempts

Shokudo, Mariano, a brand evolved out of the existing

To address the issue of an aging population withquick pasta business format Mariano. To pioneer aa declining birthrate as well as to enable diverse

new market, we will propose supper centered aroundworkstyles, we have introduced a specialist system fora concept of light dinner you can eat quickly. At theemployees in managerial positions, hired fixed location

same time, we will actively test and expand new sales

employees, and diversified the contracts for associate

formats including takeout, delivery, and foodstuff sales,

employees.

the markets for which continue to grow substantially

Furthermore, we will develop programs fromowing to behavior modification due to the COVID-19

both hard and soft aspects to facilitate organic

pandemic. We will also pursue the possibilities of newcommunication between employees. Going forward,

outlet locations by continuing to develop small-scale

we will make use of the changes in our society foroutlets and create new outlet locations.

people who continue to grow, such as the introductionof a job-based human resource system. With the helpof our colleagues and supporters, we will aim to be acompany that continues to grow.

Saizeriya Annual Report 2021

6

Consolidated Five-Year Summary(Millions of Yen)

2017

2018

2019

2020

2021

Net Sales

148,306

154,063

156,527

126,842

126,513

Operating Income (loss)

11,216

8,640

9,599

(3,815)(2,264)

Ordinary Income (loss)

11,885

8,895

9,731

(2,091)

3,455

Profit (loss) Attributable to
Owners of Parent

7,496

5,074

4,980

(3,450)1,765

Total Assets

102,731

104,896

108,970

120,068

138,045

Net Assets

80,412

83,39685,17780,35583,569

Shareholders’ Equity Ratio
(%)

78.1

79.1

77.6

66.4

60.1

Net Income (loss) per Share(Yen)

151.48102.69101.48(70.84)36.31

Cash Dividends per Share
(Yen)

18.00

18.00

18.00

18.00

18.00

Net Sales

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

148,306

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

154,063 156,527

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

11,885
126,842 126,513
8.0

8,895
5.8

9,731
7,496

6.2

5,074
3,455

4,980
1,765

2.7
(2,091)
2017

7

2018

Saizeriya Annual Report 2021

2019

2020

2021

2017

2018

2019

2020

(3,450)
2021

2017

2018

2019

2020

2021

Segment Results
Japan

Net sales were on a recovery trend mainly due to a decrease in the number of
COVID-19 cases and the government’s economic stimulus packages, but the
number of customer seats was reduced in order to secure a social distance. As
a result, total sales in Japan were ¥86,181 million (down 9.6% from the previous
fiscal year), and operating loss was ¥7,210 million (operating loss of ¥5,623 million
in the previous fiscal year).

Australia

Ingredients used by Saizeriya are manufactured in Australia. Total sales inAustralia were ¥4,846 million (up 21.6% from the previous fiscal year) andoperating income was ¥628 million (up 3,004.4% from the previous fiscal year).

Asia

There was an impact of the resurgence of COVID-19 in Hong Kong, but the
Chinese economy is recovering quickly from the COVID-19 crisis. As a result,
total sales in Asia were ¥40,210 million (up 28.0% from the previous fiscal year)
and operating income was ¥4,425 million (up 152.1% from the previous fiscal year).

Outlook for the Fiscal Year Ending August 31, 2022
(Millions of Yen)In the dining-out industry, the harsh conditions are
expected to continue as the consumer sentiment fails
to recover amid uncertainties over when the COVID-19
pandemic will end. In addition, the COVID-19 crisis haschanged people’s lifestyles and consumer behaviors.
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 with an eye
toward the post-COVID-19 era. Furthermore, in orderto strengthen the profitability structure, the Group will
work on improving the productivity of operations by
reducing loss on ingredients at outlets and factories aswell as improving the facilities at outlets and factories.
In addition, the Company expects to post
subsidies for May 2021 onward totaling ¥6.5 billion in
non-operating income for the next fiscal year.
In view of the above, the Company forecasts consolidated net sales of ¥150.0 billion, operating incomeof ¥7.0 billion, ordinary income of ¥13.0 billion, andprofit attributable to owners of parent of ¥8.6 billion.

Total Assets / ROA

8.6

2022
forecasts

126,513150,000

Operating Income (loss)(2,264)7,000

Ordinary Income (loss)

3,455

13,000

Profit (loss) Attributable to
Owners of Parent

1,765

8,600

Net Sales

Net Assets / ROE

Total Assets (Millions of yen)
ROA (%)

102,731 104,896
12.2

2021
results

108,970

138,045

Cash Flows*

Net Assets (Millions of yen)
ROE (%)(Millions of yen)

120,068

13,30812,47911,371 11,208

80,412 83,396 85,177 80,355 83,569
9.2
9.8

6.2

5.9

2.7

6,438

2.2

(1.8)
(4.2)
2017

2018

2019

2020

2021

2017

2018

2019

2020

2021

2017

2018

2019

2020

2021

*Net Income + Depreciation and Amortization

Saizeriya Annual Report 2021

8

Consolidated Financial Statements
Consolidated Balance Sheets

Millions of Yen

Thousands of U.S. Dollars (Note 1)

2021

2020

2021

¥ 55,332¥ 42,320$ 503,476

Accounts receivable-trade

550

—

5,005

Accounts receivable-tenants

940

1,046

8,553

Merchandise and finished goods

7,550

6,194

68,699Raw materials and supplies

1,368

1,229

12,448

Other

4,299

6,049

39,11770,042

56,841

637,325

Buildings and structures, net

25,952

24,169236,142

Machinery, equipment and vehicles, net

1,516

1,482

13,794Tools, furniture and fixtures, net

4,169

4,019

37,934

Land

6,938

6,932

63,130

66

75

601

Rights of use assets, net

11,341

9,767

103,194

Construction in progress

968

242

8,808

50,953

46,689463,631

412

465

3,749

259

259

2,357

10,337

10,173

94,058

111

188

1,010

5,744

5,220

52,266

Other

196

243

1,783

Allowance for doubtful accounts

(12)

(13)

(109)

Total investments and other assets

16,637

16,071

151,383

Total non-current assets

68,002

63,226

618,763¥ 138,045¥ 120,068$ 1,256,096

August 31, 2021 and 2020

AssetsCurrent assets
Cash and deposits

Total current assets
Non-current assets
Property, plant and equipment

Leased assets, net

Total property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
Leasehold and guarantee deposits
Construction assistance fund receivables
Deferred tax assets

Total assets

Notes: (1) The U.S. dollar amounts represent translations of Japanese yen amounts at the rate of ¥109.90=US$1, the approximate rate of exchange on August 31, 2021.
(2) The financial statements are a translation of the Japanese annual securities report’s financial statements.

9

Saizeriya Annual Report 2021

Millions of Yen

2021

August 31, 2021 and 2020

Thousands of U.S. Dollars (Note 1)

2020

2021

Liabilities
Current liabilities
Accounts payable-trade¥ 4,125¥ 4,279$ 37,534

Short-term borrowings

10,00010,00090,992

Lease obligations

4,338

4,014

39,472

Income taxes payable

746

293

6,788

Provision for bonuses

771

773

7,015

Provision for shareholder benefit program

207

172

1,884

Asset retirement obligations

268

115

2,439

4,988

5,891

45,38725,44525,539231,529

12,500—113,740

984

816

8,954

8,093

6,206

73,640

4

4

36

7,299

6,984

66,415

148

160

1,347

Total non-current liabilities

29,03014,172

264,149

Total liabilities

54,47539,712495,678

Share capital

8,612

8,612

78,362

Capital surplus

10,801

10,697

98,280Retained earnings

68,34367,464

621,865

Treasury shares(7,414)(7,779)(67,461)

80,342

78,994

731,046

2,570

687

23,3852,570

687

23,385

656

673

5,969

83,56980,355760,409¥ 138,045¥ 120,068$ 1,256,096

OtherTotal current liabilities
Non-current liabilities
Long-term borrowings
Provision for share awards
Lease obligations
Deferred tax liabilities
Asset retirement obligations
Other

Net assets
Shareholders’ equity

Total shareholders’ equity
Accumulated other comprehensive income
Foreign currency translation adjustment
Total accumulated other comprehensive income
Share acquisition rights
Total net assets
Total liabilities and net assets

Saizeriya Annual Report 2021

10

Consolidated Statements of Income

Millions of Yen

Thousands of U.S. Dollars (Note 1)

Years Ended August 31, 2021 and 2020

2021

2020

2021

Net sales¥ 126,513¥ 126,842$ 1,151,165

Cost of sales

46,36047,397

421,838

Gross profit

80,15279,445729,318

82,417

83,260749,927(2,264)(3,815)(20,601)

Interest income

210

341

1,911

Foreign exchange gains

595

77

5,414

Gain on valuation of derivatives

—

539

—

Income insurance

3

166

27

Subsidy income

4,822

181

43,876

Subsidies for employment adjustment

327

557

2,975

Other

444

230

4,040

6,403

2,094

58,262

Interest expenses

399

343

3,631

Loss on valuation of derivatives

238

—

2,166

Other

45

26

409

Total non-operating expenses

683

369

6,215

Ordinary profit (loss)

3,455(2,091)

31,438

108

106

983

108

106

983

Impairment losses

646

2,251

5,878

Loss on retirement of non-current assets

183

146

1,665

Store closure loss

134

110

1,219

5

37

45

970

2,546

8,826

Profit (loss) before income taxes

2,593(4,530)23,594

Income taxes-current

1,325

717

12,056

Income taxes-deferred(498)(1,797)(4,531)827(1,080)

7,525

1,765

(3,450)16,060¥ 1,765¥ (3,450)$ 16,060

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

Total non-operating income
Non-operating expenses

Extraordinary income
Gain on reversal of share acquisition rights
Total extraordinary income
Extraordinary losses

Other
Total extraordinary losses

Total income taxes
Profit (loss)
Profit (loss) attributable to owners of parent

Notes: (1) The U.S. dollar amounts represent translations of Japanese yen amounts at the rate of ¥109.90=US$1, the approximate rate of exchange on August 31, 2021.
(2) The financial statements are a translation of the Japanese annual securities report’s financial statements.

11

Saizeriya Annual Report 2021

Consolidated Statements of Cash Flows
Years Ended August 31, 2021 and 2020

Cash flows from operating activities
Profit (loss) before income taxes
Depreciation
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in provision for bonuses
Increase (decrease) in provision for share awards
Increase (decrease) in provision for shareholder benefit program
Interest and dividend income
Interest expenses
Foreign exchange losses (gains)
Loss (gain) on valuation of derivatives
Loss on retirement of non-current assets
Store closure loss
Impairment losses
Income insurance
Employment adjustment subsidy
Subsidy income
Gain on reversal of share acquisition rights
Increase on accounts receivable-tenants
Decrease (increase) in Accounts receivable
Decrease (increase) in inventories
Decrease (increase) in other current assets
Increase (decrease) in accounts payable-trade
Increase (decrease) in other current liabilities
Other, net
SubtotalInterest and dividends received
Interest paid
Income taxes paid
Income taxes refund
Proceeds from insurance income
Proceeds from subsidies for emploment adjustment
Subsidies received
Net cash provided by (used in) operating activities
Cash flows from investing activities
Payments into time deposits
Proceeds from long-term time deposit refund
Purchase of property, plant and equipment
Purchase of intangible assets
Payments for caution money, guaranty money and cooperative advances for construction
Proceeds from collection of caution, guarantee money and cooperative advances for construction
Income about the others investment and expenditure
Net cash provided by (used in) investing activities
Cash flows from financing activities
Proceeds from short-term borrowings
Proceeds from long-term borrowings
Repayments of lease obligations
Purchase of treasury shares
Proceeds from exercise of employee share options
Dividends paid
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period

Millions of Yen

2021

Thousands of U.S. Dollars (Note 1)

2020

2021

¥ 2,593
10,714
(0)
(23)
167
35
(210)
399
(543)
238
183
134
646
(3)
(327)
(4,822)
(108)
108
(549)
(1,395)
771
(284)
(630)
120
7,213
167
(399)
(1,160)
912
3
554
4,896
12,187¥ (4,530)
9,888
(0)
(635)
188
(17)
(341)
343
(78)
(539)
146
110
2,251
(166)
(557)
(181)
(106)
932
—
(886)
(55)
(1,498)(1,390)
211
3,085
298
(343)
(2,866)
—
166
2
181
525

$ 23,594
97,489
(2)
(209)
1,520
318
(1,911)
3,631(4,941)
2,166
1,665
1,219
5,878
(27)
(2,975)(43,876)(983)
983(4,995)(12,693)
7,015(2,584)(5,732)
1,092
65,632
1,520(3,631)(10,555)
8,298
27
5,714
43,876
110,892(2,611)—(8,108)
(73)
(470)
501
(285)
(11,048)—
78(5,676)
(58)
(442)
511
(329)
(5,917)(23,758)—(73,776)(664)(4,277)4,559(2,593)(100,528)—
12,500(4,463)
(0)
280
(887)
7,428
1,842
10,41042,320¥ 52,730

10,000—(3,902)(1,000)
42
(894)
4,244
278
(869)
43,189¥ 42,320—
113,740(40,610)(7)
2,548(8,071)
67,58916,761
94,722
385,077$ 479,800

Notes: (1) The U.S. dollar amounts represent translations of Japanese yen amounts at the rate of ¥109.90=US$1, the approximate rate of exchange on August 31, 2021.
(2) The financial statements are a translation of the Japanese annual securities report’s financial statements.

Saizeriya Annual Report 2021

12

Consolidated Statement of Changes in Net Assets

Millions of Yen
Accumulated othercomprehensive income

Shareholders’ equity
Year Ended August 31, 2021

Balance at beginning of period

Share capital

CapitalsurplusRetainedearnings

Treasuryshares¥8,612¥10,697¥67,464¥(7,779)

Total
Total
Foreign currency accumulatedshareholders’translation
other
equityadjustment comprehensive
income¥78,994

¥687

¥687

Share
acquisitionrightsTotal net
assets¥673¥80,355

Changes during period
Dividends of surplus

(886)

(886)

(886)

Profit (loss) attributable to owners ofparent

1,765

1,765

1,765

(0)

(0)

(0)

365

469

469

Purchase of treasury shares

104

Disposal of treasury shares
Net changes in items other thanshareholders’ equity

1,883

1,883

(16)

1,866

Total changes during period

—

104

879

364

1,348

1,883

1,883

(16)

3,214

Balance at end of period¥8,612¥10,801¥68,343¥(7,414)¥80,342¥2,570¥2,570¥656¥83,569

Share
acquisitionrightsTotal net
assets$6,124$731,165

Thousands of U.S. Dollars (Note 1)
Accumulated othercomprehensive income

Shareholders’ equity
Year Ended August 31, 2021

Total
Total
Foreign currency accumulatedshareholders’translation
other
equityadjustment comprehensive
incomeShare capital

CapitalsurplusRetainedearnings

Treasuryshares$78,362$97,334$613,867($70,783) $718,781

Dividends of surplus(8,062)(8,062)(8,062)

Profit (loss) attributable to owners ofparent16,06016,06016,060

(7)

(7)

(7)

3,321

4,268

4,268

Balance at beginning of period$6,251$6,251

Changes during period

Purchase of treasury shares

946

Disposal of treasury shares
Net changes in items other thanshareholders’ equity
Total changes during period
Balance at end of period$78,362

946

7,998

$98,280$621,865

17,134

17,134(146)

16,97912,266

17,134

17,134(146)

29,245($67,461) $731,046$23,385$23,385$5,969$760,409

3,312

Notes: (1) The U.S. dollar amounts represent translations of Japanese yen amounts at the rate of ¥109.90=US$1, the approximate rate of exchange on August 31, 2021.
(2) The financial statements are a translation of the Japanese annual securities report’s financial statements.

13

Saizeriya Annual Report 2021

Corporate Data and Shareholders’ Information
Corporate Data

As of August 31, 2021
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

Issei Horino
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

Issei Horino

Shanghai Saizeriya Co., Ltd.
Director

Noboru Nagaoka

Guangzhou Saizeriya Co., Ltd.

Outside Director

Takashi Arakawa

Beijing Saizeriya Co., Ltd.

Director, Standing Audit and Supervisory Committee Member

Taiwan Saizeriya Co., Ltd.

Outside Director, Audit and Supervisory Committee Member

Yasuo Nakajima
Susumu Watanabe
Outside Director, Audit and Supervisory Committee Member

Hong Kong Saizeriya Co. Limited

Michiharu Matsuda
As of November 25, 2021

Singapore Saizeriya Pte. Ltd.

4,134 (Full-time employees; on a consolidated basis)
Number of Outlets

1,553 (1,089 in Japan and 464 overseas)

Shareholders’ Information

As of August 31, 2021

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

Percentage ofTotal Shares (%)

Yasuhiko Shogaki

15,24830.85

Babette Co., Ltd.

4,355

8.81

Saizeriya Employees’ Stock Holding Association

1,788

3.62

The Master Trust Bank of Japan, Ltd

1,740

3.52

Custody Bank of Japan, Ltd. (Trust Account)

1,509

3.05

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

670

1.36

Custody Bank of Japan, Ltd. (Trust Account 5)

468

0.95

Custody Bank of Japan, Ltd. (Trust Account 6)

416

0.84

STATE STREET BANK WEST CLIENT - TREATY 505234

363

0.73

Custody Bank of Japan, Ltd. (Trust Account 1)

355

0.72

Total Number of Shares Authorized

73,208,000
Number of Shares Issued

52,272,342
Shares Listed on

The First Sectionof the Tokyo Stock Exchange
Number of Shareholders

55,568

Ownership of Shares by Category
Number of
Shareholders

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

Japanese financial institutions

28

66,223

12.7

Japanese securities companies

26

5,600

1.1

Other Japanese corporations

281

46,0188.8Foreign corporations and individuals

228

46,910

9.0

Japanese individuals and others

55,005357,269

68.4

Total

55,568522,020100.00*Odd-lot shares are excluded.

Saizeriya Annual Report 2021

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