McDonald's Holdings Company(Japan),Ltd. (2702): Financial Results

McDonald's Holdings Company (Japan), Ltd. reported higher revenue and profits for the six months ended December 2026. Revenue increased 0.4% year on year to ¥204.1 billion, operating income rose 15.2% to ¥30.2 billion, ordinary income increased 17.8% to ¥30.8 billion, and interim net income attributable to owners of the parent rose 17.0% to ¥19.7 billion. The improvement in the cost-of-sales ratio from 79.1% to 77.3% contributed to profit growth. Same-store sales have increased for 43 consecutive quarters.

The company operates as a single business segment, the hamburger restaurant business, managing restaurants in Japan through company-operated and franchised locations. As of the end of June 2026, it had 3,038 restaurants.

On the balance sheet, total assets decreased 0.8% from the end of the previous fiscal year to ¥361.6 billion, net assets increased 4.3% to ¥292.7 billion, and the equity ratio improved from 77.0% to 80.9%. Current liabilities decreased 19.1% from the end of the previous fiscal year.

Cash flow from operating activities was an inflow of ¥24.5 billion, down ¥5.4 billion from the same period of the previous year. Investing activities resulted in an outflow of ¥21.8 billion, while financing activities resulted in an outflow of ¥7.5 billion. The full-year earnings forecasts have been revised to revenue of ¥408.0 billion, down 2.1% from the previous fiscal year, operating income of ¥55.5 billion, up 4.2%, ordinary income of ¥55.5 billion, up 6.6%, and net income attributable to owners of the parent of ¥35.0 billion, up 3.2%.

The company plans to pay an annual dividend of ¥64 per share. The year-end lump-sum dividend is expected to increase by ¥8 from the previous fiscal year.