Domino’s Pizza Enterprises said it will provide an update on its Japan strategy at an investor day during the June half.

SYDNEY--Domino's Pizza Enterprises shares surged more than 20% in early trade after the Australian fast-food franchiser accelerated the closure of unprofitable stores across its global network.

Domino's Pizza Enterprises will close down more than 205 stores, including some based in Australia.

Domino's shares soared almost 25% in early trade after the company announced 172 store closures in Japan and a group-wide ...