TOKYO Feb 6 McDonald's Holdings Co (Japan)
said on Thursday its operating profit sank 53 percent
in 2013 while it forecast sales this year would fall for a sixth
The Japan arm of McDonald's Corp said operating
profit for 2013 totalled 11.52 billion yen ($113.83 million) as
revenue fell 11.6 percent to 260.44 billion yen.
Sales fell 6.2 percent on a same-store basis, marking the
biggest fall since 2002, when they dropped 11.8 percent, an
As part of strategic review of its network of restaurants,
McDonald's Japan said it will close 74 outlets this year. It had
3,164 outlets as of end-December.
For the year to Dec. 31, 2014, it forecast a 1.5 percent
rise in operating profit to 11.7 billion yen, although revenues
are seen falling 4.0 percent to 250 billion yen, for a sixth
year in a row of declines.