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Japan's Saizeriya earns shareholder ire by abolishing meal perks

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.

Saizeriya's shares briefly fell 500 yen from the previous day to 5,250 yen on the Tokyo Stock Exchange, the lowest since June 17, before closing Thursday at 5,620 for a drop of more than 2%.

Read more on asia.nikkei.com