Jul 29, 2014

McDonald's Japan pulls profit forecast after China meat scandal

McDonald’s Co. (Japan) pulled its profit forecast for the year Tuesday while acknowledging that the “appalling” tainted meat scandal at a Chinese supplier will dent its finances. The head of the fast-food chain’s Japanese unit issued a televised apology after halting sales of products ...

Jul 29, 2014

Break by McDonald's from China making others in Japan nervous

The decision last Friday by McDonald’s Co. (Japan) to halt sales of all chicken products made from meat from China came as a shock to other restaurant operators and retailers in Japan that use products from China. The fast-food giant made the decision amid ...

Russia sues McDonald's over 'too many calories'

Jul 26, 2014

Russia sues McDonald's over 'too many calories'

Nearly a quarter-century after McDonald’s startled and delighted Soviets with their first taste of American fast-food culture, the company’s now facing a suit that could ban it from selling some of its signature products. The Russian consumer protection agency said Friday it is taking ...

Jul 25, 2014

McDonald's Japan switches chicken sourcing to Thailand

McDonald’s Co. (Japan) said Friday that it has halted sales of all products containing chicken meat from China and switched sourcing completely to Thailand. The fast-food giant’s Japan business had already stopped selling items made with meat sourced from Shanghai Husi Food Co., a ...

Jul 24, 2014

Scandal sheds light on global supplier to fast food industry

It isn’t a household name, but the company at the center of a food scandal in China helps make some of the world’s most popular foods, including the Big Macs and Quarter Pounders served at McDonald’s locations. OSI Group, a privately-held company based in ...

Gold soccer ball made to spark tourney buzz

Jun 13, 2014

Gold soccer ball made to spark tourney buzz

A department store in central Tokyo has put a gold soccer ball on display to help build excitement for the FIFA World Cup now on in Brazil. The 3-kg ball was put on display starting Thursday to draw attention to a gold campaign at ...

Benesse taps McDonald's Harada for president's post

Mar 27, 2014

Benesse taps McDonald's Harada for president's post

McDonald’s Holdings Co. (Japan) Chairman Eiko Harada is expected to become chairman and president of education service provider Benesse Holdings Inc., informed sources said Thursday. Benesse Holdings was slated to make the decision at a board meeting in the afternoon, with Harada, 65, to ...

McDonald's Japan lowering price of regular hamburger to ¥100

Mar 19, 2014

McDonald's Japan lowering price of regular hamburger to ¥100

McDonald’s Co. (Japan) said Wednesday it will lower the price of its regular hamburger to ¥100 from ¥120 including tax, bucking the trend of price increases in the restaurant industry. Starting April 1, when the consumption tax will be raised to 8 percent from ...

Casanova to run whole show at McDonald's

Feb 19, 2014

Casanova to run whole show at McDonald's

McDonald’s Holdings Co. (Japan) said Wednesday it will appoint as its new leader Sarah Casanova, a Canadian woman who is president of its operating company, McDonald’s Co. (Japan). By tapping Casanova, 48, to be the president and chief executive officer at both the holding ...