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McDonald's Holdings Company (Japan) (2702) investor relations material
McDonald's Holdings Company (Japan) Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
9M System-wide Sales rose 8.2% to ¥714,744 million, up ¥54,180 million YoY; same-store sales increased 6.0%, extending the growth streak to 44 consecutive quarters.
Operating income grew despite lower reported net sales and continued pressure from rising ingredient and restaurant operating costs.
Financial highlights
9M net sales were ¥309,911 million, down 0.8% YoY; operating income was ¥47,608 million, up 11.0%, and ordinary income was ¥48,241 million, up 13.7%.
Net income attributable to owners of parent was ¥30,403 million, up 12.6% YoY; comprehensive income was ¥30,382 million, also up 12.6%.
Gross profit rose to ¥71,854 million from ¥67,106 million; SG&A was ¥24,245 million versus ¥24,204 million.
Reported net sales declined ¥2,413 million YoY, as company-operated restaurant sales fell ¥17,366 million and franchised restaurant revenue increased ¥14,952 million.
Outlook and guidance
Revised FY2026 forecast: System-wide Sales ¥960.0bn (+8.0% YoY; +1.3% vs. prior forecast), net sales ¥412.0bn (-1.1% YoY; +1.0% vs. prior forecast), and operating income ¥57.5bn (+8.0% YoY; +3.6% vs. prior forecast).
FY2026 ordinary income is forecast at ¥57.5bn (+10.5% YoY); net income at ¥36.5bn (+7.6% YoY; +4.3% vs. prior forecast).
FY2026 EPS forecast is ¥274.52; annual dividend forecast remains ¥64 per share.
Medium-term 2025–2027 targets include 4–6% average annual growth in System-wide Sales and operating income, a 13% operating income ratio, and ROE of at least 11%.
- Record FY2023 sales and operating income, with further growth forecast for FY2024.2702
Q4 2023 - H1 sales and profits rose, prompting an upward FY2026 outlook revision.2702
Q2 2026 - Strong sales and profit growth, with continued restaurant expansion and digital innovation.2702
Q1 2026 - Record sales and profit growth continue, with robust outlook and digital expansion despite cost pressures.2702
Q4 2025 - Double-digit profit growth and strong sales momentum driven by digital and sustainability efforts.2702
Q3 2025 - H1 growth prompted higher full-year earnings and dividend forecasts.2702
Q2 2025 - Sales and profits climbed, fueled by menu innovation and digital growth, with guidance steady.2702
Q3 2024 - Net sales and net income surged, supported by strong same-store sales and digital expansion.2702
Q2 2024 - Q1 2025 saw strong profit and sales growth, with digital and same-store sales momentum.2702
Q1 2025
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