J P M O R G A N Asia Pacific Equity Research 15 July 2026 Saizeriya (7581) 3Q results: Price hikes under consideration for next fiscal year Positive: At 3Q results, Saizeriya explained it is considering price hikes in Japan next fiscal year. The move is not yet finalized, but we believe it could mark a turning point for the company. Management commented that from 4Q, given ingredient shortages, the negative impact of higher ingredient prices from outside procurement will worsen, so we cannot only consider t ...