Feb 9, 2016

McDonald's Japan suffers record annual net loss

McDonald’s Holdings Co. (Japan) said it suffered a group net loss of ¥34.704 billion in the business year that ended in December, due chiefly to food safety problems. The figure was worse than the preceding year’s net loss of ¥21.843 billion, the fast-food company ...

Feb 9, 2016

McDonald's Japan logged ¥34.70 billion loss in 2015

McDonald’s Holdings Co. (Japan) reported Tuesday a group net loss of ¥34.70 billion for 2015, the largest loss since it listed in Japan in 2001. It marked the second straight year of loss, hurt by slumping sales and the costs of closing loss-making restaurants. ...

Jan 26, 2016

McDonald's looks at selling stake in Japan unit

McDonald’s Corp. is studying selling a stake in its loss-making Japan unit to a “strategic investor,” as the world’s largest fast-food chain reviews its global ownership strategies. “We’re exploring the sale of a portion of our ownership in McDonald’s Japan if we identify a ...

Name a new McDonald's Japan burger and win a 10-year supply

Jan 26, 2016

Name a new McDonald's Japan burger and win a 10-year supply

Burger fans, step forward. McDonald’s Holdings Co. (Japan) is to solicit suggestions for the name of a new burger tailored to Japanese tastes, offering a cash prize equivalent to a decade’s supply of burgers. The prize of ¥1,423,500 is calculated from the cost of ...

Jan 20, 2016

British investment firm considers stake in McDonald's Japan

British investment fund Permira is expected to join bidding for shares in the Japanese unit of McDonald’s Corp., sources familiar with the matter said. Permira has invested in various companies, including sushi restaurant chain Akindo Sushiro Co. Others expected to take part in the ...

Nov 12, 2015

McDonald's Japan logs record nine-month net loss

McDonald’s Holdings Co. (Japan) on Wednesday reported a group net loss of ¥29.28 billion for January-September, the worst result for the nine-month period since its stock listing in 2001. Attributed in part to a series of incidents involving inedible items found in its food, ...

Sponsors want Blatter out

Oct 3, 2015

Sponsors want Blatter out

Sepp Blatter defied calls from FIFA sponsors Budweiser, Coca-Cola, McDonald’s and Visa on Friday to quit immediately as president of world soccer’s governing body rather than clinging on until the emergency election in February. The interventions from the long-standing sponsors come a week after ...