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| August 9, 2017 |
| Revision of Consolidated Financial Forecast for 2017 |
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| McDonald's Holdings (Japan), Ltd. announced today that at a Board of Directors meeting held on August 9, 2017, it was decided to revise the earnings forecast for the full fiscal year ending December 2017 (from January 1, 2017 to December 31, 2017) as follows, based on the recent performance trend and other factors. |
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| 1. Revision of Consolidated Financial Forecast (From January 1, 2017 to December 31, 2017) |
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Revenue |
Operating
Income |
Ordinary
Income |
Income
attributable
to owners of
the parent |
EPS |
| Previous Forecast (A) |
(million yen)
246,000 |
(million yen)
15,000 |
(million yen)
15,000 |
(million yen)
14,500 |
(yen)(sen)
109 06 |
| Revised Forecast (B) |
248,500 |
16,500 |
17,500 |
20,000 |
150 42 |
| Variance in Amount (B-A) |
2,500 |
1,500 |
2,500 |
5,500 |
- |
| Variance in Percentage (%) |
1.0 |
10.0 |
16.7 |
37.9 |
- |
| Prior Year Results (FY2016) |
226,646 |
6,930 |
6,614 |
5,366 |
40 37 |
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| 2. Reasons of Revision |
In addition to the focus on "appealing menu and value", "comfortable restaurant experience" and "brand enhancement" that we've been continuously implementing from last year, we have been taking innovative approaches this year in the three areas of "tastiness", "convenience" and "people." Synergistic effects from these ongoing initiatives resulted in an ordinary income of 10,131 million yen for the six months ending June 30, 2017 and quarterly net income attributable to owner of the parent of 10,716 million yen for the quarter ending June 30, 2017.
In consideration of the above and given the recent strong earnings trend as well as the anticipated impact from tax effect accounting, the company has revised upward its consolidated full-year forecast for fiscal 2017.
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| (Note) The forecast above is based on the information currently available. A number of factors could cause actual results to differ materially from expectations. |
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| EOD |
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