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| November 6, 2014 |
| FY2014 Q3 Consolidated Earning Position |
| McDonald’s Holdings (Japan), Ltd announces FY2014 Q3 (Jan 1, 2014 - Sep 30, 2014) consolidated earning position of FY2014 (Jan 1, 2014 - Dec 31, 2014) as follows. |
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| Highlights |
| ･ |
Sales and profits have largely been affected by the situation involving Shanghai HUSI. |
| ･ |
We are implementing a plan to recover our business by regaining our customers’ confidence in our food and further enhancing value for money by strengthening our focus on relevant pricing, menu innovation and modernizing our restaurants. |
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| （Million yen） |
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FY2014 Q3 |
| Results |
VS 2013 |
| System-wide sales |
344,016 |
-36,886 |
-9.7％ |
| Consolidated sales |
172,248 |
-25,104 |
-12.7％ |
| Consolidated operating income |
238 |
-10,535 |
-97.8％ |
| Consolidated Ordinary income |
-576 |
-11,419 |
－ |
| Consolidated net income |
-7,543 |
-13,938 |
－ |
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| *System-wide sales：Total of Directly management sales and Franchised store sales |
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FY2014 Q3 |
| VS 2013 |
| Same store sales |
-9.3% |
| Same store Guest count |
-10.2% |
| All store Guest count |
-11.1% |
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All store sales in Q3 have been largely affected by the situation involving Shanghai HUSI. In addition to a decline in profits caused by the decrease in sales stemming from the incident, related direct and indirect costs to our business as well as strategic investments to regain our customers’ confidence in our food and recover the business put further pressure on our overall profitability. Additional costs and investments include financial support for our franchisees to assist them in providing our customers with the best possible restaurant experience during this challenging time, enhanced quality management processes and improved food quality and safety communications. Furthermore, we recorded large extraordinary losses resulting from required food write-offs and impairment charges on our restaurants stemming from the incident.
We are implementing a plan to recover our business by regaining our customers’ confidence in our food and further enhancing value for money by strengthening our focus on relevant pricing, menu innovation, and modernizing our restaurants. |
| EOD |
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■Consolidated Financial Results for the Nine Months Ended September 30, 2014
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