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2702 On Other Exchanges
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mcdonald's holdings co japan (2702) Snapshot

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mcdonald's holdings co japan (2702) Details

McDonald’s Holdings Company (Japan), Ltd. operates a chain of hamburger fast food restaurants in Japan. The company was founded in 1971 and is headquartered in Tokyo, Japan.

2,679 Employees
Last Reported Date: 03/26/15
Founded in 1971

mcdonald's holdings co japan (2702) Top Compensated Officers

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mcdonald's holdings co japan (2702) Key Developments

McDonald's Corp. Seeking Sale Of Japan Unit

McDonald's Corp. (NYSE:MCD) is considering selling a stake in McDonald's Holdings Company (Japan), Ltd. (JASDAQ:2702). “We’re exploring the sale of a portion of our ownership in McDonald’s Japan if we identify a strategic investor who could help advance Japan’s turnaround efforts and unlock our growth potential,” said Kevin Ozan, Chief Financial Officer on January 25, 2016. “We’re in the early stages of the process and taking a thoughtful approach. The Japanese unit will continue to have a “franchisor, franchisee relationship” with Oak Brook, Illinois-based McDonald’s whatever may transpire with our ownership,” he added.

McDonald's Reportedly To Decide Buyer Of Japan Unit Shares This Week

McDonald's Corp. (NYSE:MCD) plans to pick a company to buy a stake in its Japanese unit this week in order to give it preferential negotiating rights, according to informed sources. Companies including overseas funds are believed to have bid for the acquisition, but negotiations could face rough going as there is a large gap in perception between companies hoping to buy shares in McDonald's Holdings Company (Japan), Ltd. (JASDAQ:2702) and the parent company regarding the acquisition value, the sources said on January 20, 2016. Several companies have already bid for the acquisition. Among them would be Permira Advisers Ltd., MBK Partners (Unspecified Vehicle) and Bain Capital, LP, the sources said.

McDonald's Holdings Co. (Japan) Accelerating Closures of Outlets

McDonald's Holdings Co. (Japan) is accelerating the closures of outlets to cope with its deteriorating earnings traced to its loss of customer trust. The company is planning to shut 190 restaurants in the nation, including large outlets in urban areas, by the end of January.


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2702:JP ¥2,513.00 JPY +2.00

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