McDonald's Holdings Company (Japan)
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McDonald's Holdings Company (Japan) (2702) investor relations material

McDonald's Holdings Company (Japan) Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 earnings summary6 Feb, 2026

Executive summary

  • System-wide sales reached a record high of 888.6B yen, up 7.2% year-over-year, with same-store sales increasing for the 41st consecutive quarter, driven by growth strategies, enhanced restaurant experiences, and operational efficiency.

  • Operating income rose 10.9% to 53.2B yen, with the operating income ratio improving to 12.8%.

  • Net income grew 6.1% to 33.9B yen, exceeding both the previous year and earnings forecasts.

  • Opened 120 new restaurants, closed 83, and remodeled 220 locations to optimize the portfolio and improve profitability.

  • Launched My McDonald's Rewards loyalty program and expanded digital ordering and delivery services.

Financial highlights

  • Revenue/net sales increased 2.7% year-over-year to 416.6B yen.

  • Ordinary income rose 9.8% to 52.0B yen.

  • Gross profit improved to 86.6B yen; cost-of-sales ratio for company-operated restaurants dropped 0.4 percentage points.

  • Comprehensive income reached 33.96B yen, up 6.3% year-over-year.

  • 120 new restaurants opened, bringing the total to 3,025.

Outlook and guidance

  • FY2026 system-wide sales are forecast to rise 6.0% to 942.0B yen.

  • Operating income is projected to increase 2.3% to 54.5B yen, with the operating income ratio improving to 13.4%.

  • Net income is expected to grow 1.7% to 34.5B yen.

  • Dividend per share planned to increase to 64 yen for 2026, with a target dividend on equity of 3% by 2027.

  • Continued cost pressures, especially from material costs, are anticipated.

Explain 2026 net sales decrease despite growth
Assess My McDonald's Rewards program impact
How did operating income grow despite rising costs?
Detail FY26 profit improvement activities
How will 2026 capex impact DOE target?
How will remodels boost sales per restaurant?
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Next McDonald's Holdings Company (Japan) earnings date

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Q1 20268 May, 2026
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Next McDonald's Holdings Company (Japan) earnings date

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Q1 20268 May, 2026

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Frequently asked questions

McDonald's Holdings Company (Japan) Ltd. operates as a subsidiary of McDonald's Corporation, focusing on the management and operation of McDonald's restaurants throughout Japan. The company offers a range of fast food products, including hamburgers, chicken sandwiches, French fries, beverages, and desserts. It operates both company-owned and franchised locations. The company is headquartered in Tokyo, Japan, and its shares are listed on the Tokyo Stock Exchange.

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