Japan's Saizeriya earns shareholder ire by abolishing meal perks

Stock price plunges after restaurant operator decides to raise dividends instead

20240711N Saizeriya

The plunge in Saizeriya's shares after the company said it would end meal coupons highlights how shareholder perks are a big attraction for individual investors. (Photo by Mako Ochiai) 

KONATSU OCHI, Nikkei staff writer

TOKYO -- Shares of Japanese budget Italian restaurant chain Saizeriya plummeted Thursday as retail investors rebuked the company's decision to stop giving out shareholder meal coupons.

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