McDonald's Japan bounces back with ¥5.37 billion profit for 2016

Feb 9, 2017

McDonald's Japan bounces back with ¥5.37 billion profit for 2016

McDonald’s Holdings Co. (Japan) on Thursday reported a ¥5.37 billion ($48 million) group net profit for 2016, returning to profitability after years of slumping sales triggered by food safety scandals. The profit is a sharp turnaround from its ¥34.95 billion net loss last year, ...

Jan 13, 2017

McDonald's arranging to sell major stake in Japan unit

McDonald’s Corp. has organized a primary tender to sell a major stake in its Japan unit McDonald’s Holdings Co. (Japan), sources said Thursday. The global fast-food chain owns roughly 50 percent of the unit, of which up to 33 percent will be sold. The ...

'Legendary franchisee' who invented Big Mac dies at 98

Dec 1, 2016

'Legendary franchisee' who invented Big Mac dies at 98

The man who invented the quintessential American fast-food burger, the Big Mac, and inadvertently set off a race to create ever more expansive fast-food menus, has died. Michael “Jim” Delligatti passed away Monday surrounded by family at his home in a Pittsburgh suburb, according ...

McDonald's offers Halloween choco-pumpkin fries in Japan

Sep 29, 2016

McDonald's offers Halloween choco-pumpkin fries in Japan

For those who can’t get enough of pumpkin-flavored treats during Halloween, McDonald’s Japan is offering french fries covered in pumpkin and chocolate sauce. The fast-food chain came up with the “Halloween Choco Potato” to mark its 45th anniversary in Japan, where trick or treaters ...

McDonald's Japan returned to profitability in January-June half

Aug 9, 2016

McDonald's Japan returned to profitability in January-June half

McDonald’s Holdings Co. (Japan) is reporting a group net profit of ¥158 million for the January-June half, returning to profitability after years of slumping sales triggered by food safety scandals. The Japanese unit of the global fast-food chain posted a group operating profit of ...

McDonald's Japan quarterly loss narrows after menu changes

May 12, 2016

McDonald's Japan quarterly loss narrows after menu changes

McDonald’s Holdings Co. (Japan)’s first-quarter loss narrowed as the fast-food chain won back some customers after being hit by a series of food safety scandals. The net loss was ¥176 million for the three months ended March 31 compared with ¥14.6 billion a year ...