McDonald's Holdings Company (Japan) (2702) Q2 2026 earnings summary

Executive summary

• System-wide sales and same-store sales grew for the 43rd consecutive quarter, driven by menu innovation, digital initiatives, and sustainability efforts.

• Operating income rose 15.2% year-over-year to ¥30.2bn, with net income up 17.0% to ¥19.6bn, reflecting efficient operations and strong customer engagement.

• Ordinary income increased 17.8% year-over-year to ¥30.8bn.

• Full-year earnings forecast revised upward due to strong H1 performance and ongoing strategic initiatives.

Financial highlights

• System-wide sales reached ¥464.3bn in H1 FY2026, up 8.0% year-over-year; same-store sales grew 5.9% year-over-year.

• Net sales for the six months ended June 30, 2026, were ¥204.0bn, up 0.4% year-over-year.

• Operating income rose to ¥30.2bn (+15.2% YoY), and net income to ¥19.6bn (+17.0% YoY).

• Ordinary income reached ¥30.8bn, up 17.8% year-over-year.

• Same-store sales and digital channel sales increased, while company-operated restaurant sales declined.

Outlook and guidance

• Full-year FY2026 forecast revised upward: system-wide sales expected at ¥948.0bn (+6.7% YoY), operating income at ¥55.5bn (+4.2% YoY), and net income at ¥35.0bn (+3.2% YoY).

• Net income per share forecasted at ¥263.24 for the year ending December 31, 2026.

• Dividend forecast unchanged at ¥64.00 per share for the year.

• Same-store sales growth forecast raised to +4.8% for the year.

• Continued execution of the Medium-Term Management Plan to drive growth.