McDonald's Japan posts ¥22 billion loss after food woes

Business / Corporate Feb 5, 2015

McDonald's Japan posts ¥22 billion loss after food woes

McDonald's Corp.'s Japan affiliate reported its first full-year loss in 11 years as the fast-food chain faced fallout from food scandals and after labor disputes at U.S. ports forced it to ration french fries. The net loss for 2014 was ¥21.8 billion ($186 million), compared ...

Business / Corporate Nov 6, 2014

McDonald's suffers ¥7 billion loss over meat scandal

McDonald's Holdings Co. (Japan) on Thursday reported a group net loss of ¥7.54 billion for the January-September period as sales slumped in the wake of the food safety scandal involving a China-based meat supplier. That compared with a profit of ¥6.39 billion a year earlier. ...