McDonald’s Japan posts record sales in company history
※This is a machine-translated text of the original article.
McDonald’s Holdings Japan announces full-year consolidated results for FY12/19. This paper reports that all-store sales were 549 billion yen, and that it achieved the highest sales since the establishment for the first time in nine years.
According to the company, in fiscal 2019, it continued to invest in the management base for growth that it has built up so far, and invested strategically in three areas: “strengthening core business,” “efforts to accelerate growth,” and “store development.”
Specifically, the company has expanded the number of stores offering delivery services and pre-visit order and settlement services using smartphones.
As a result of the synergistic effects of these initiatives, all store sales rose 4.7% to 549.0 billion, or 24.8 billion, from the previous year, and have reached a record high since its founding for the first time in nine years.
Operating income and ordinary income increased 11.9% and 7.2%, respectively, compared with the previous fiscal year.
Net income declines, but the company believes it was due to changes in tax rates and temporary earnings factors in the previous year.
The company intends to continue aggressive investments in the future and aim to reach 571 billion yen by 2020, which is higher than in 2019.
Original Text: https://ampmedia.jp/2020/02/14/mac/