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| November 2, 2009 |
| Overview of Cumulative Consolidated Results for the 3rd Quarter ended December 31, 2009 |
| McDonald’s Holdings Company (Japan), Ltd. (head office: Shinjuku, Tokyo; Eikoh Harada, Chairman & President) hereby announces its cumulative consolidated business results for the 3rd Quarter (January 1 - September 30, 2009) ending December 31, 2009. |
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| Highlights of the period |
| ” |
Increased sales (all-store sales) and profit; RECORD-HIGH all-store sales |
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Highest consolidated operation income since company went public |
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3rd Quarter 2009 cumulative total |
| actual |
actual |
| all-store sales* |
397,402 |
+ 3.3% |
+ 12,645 |
| consolidated sales |
276,861 |
(10.1%) |
(30,949) |
| consolidated operating income |
17,663 |
+ 23.9% |
+ 3,412 |
| consolidated ordinary income |
16,953 |
+ 25.0% |
+ 3,391 |
| consolidated current net income |
9,539 |
(2.5%) |
(246) |
| * |
all-store sales: combined sales of company-operated and franchised stores |
| * |
decreased consolidated sales is due to transition of company-operating stores to franchisees |
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3rd Quarter 2009 cumulative total |
| year-on-year comparison |
| existing store sales |
+ 1.7% |
| existing store guest count |
(0.6%) |
| existing store customer spend |
+ 2.2% |
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Two measures implemented from last year are the main drivers for group’s strong business performance in spite of severe external economic environment; ‘all-out scheme to ensure higher profit’ and ‘driving of franchise strategy’.
We anticipated market downturn and executed the following strategic measures from last year: ‘selection & focus of business activities’, ‘higher productivity’, ‘menu replacement’ and ‘thorough labor management’. All these resulted in higher earnings stated above. Franchising, strategic restaurant closure and business structure reform are also making solid progress.
New specialty coffee and ‘Quarter Pounder’ products will be launched in the 4th quarter to capture further guest counts. Earning forecast for the full business year announced at the beginning of this year remains unchanged. |
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Consolidated Financial Results Report for the Nine Months ended September 30, 2009
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