August 10, 2023

To whom it may concern,

McDonald's Holdings Company (Japan), Ltd.

Representative Director, President and CEO Tamotsu Hiiro (Code No.: 2702 TSE Standard)

Inquiries: McDonald's Company (Japan), Ltd. Director, Chief Financial Officer Shuko Yoshida TEL: 03-6911-6000

Consolidated Financial Results for the Six Months Ended June 30, 2023

McDonald's Holdings Company (Japan), Ltd. hereby announces its consolidated financial results for the six months (January 1, 2023 to June 30, 2023) of the fiscal year ending December 31, 2023 (January 1, 2023 to December 31, 2023).

Highlights

  • Sales increased on a year-on-year basis due mainly to initiatives of Medium-term Management Plan and price revisions. Same-store sales recorded 31 consecutive quarters of growth.
  • Operating Income, Ordinary Income, and Net Income for the period increased on a year-on-year basis due to the sales increase and various cost control initiatives, despite ongoing cost increases by changes in the external environment since last year. Business is making progress generally in line with expectations.
  • We will continue to implement the Medium-Term Management Plan and various strategies and invest for the future to achieve steady growth.

(In Millions of Yen)

Cumulative Period of the 2nd Quarter 2023

Actual

2022

vs. Last

vs. Last

Actual

Year

Year (%)

All Store Sales*

372,148

342,020

+30,127

+8.8%

Consolidated Net Sales

182,460

168,227

+14,232

+8.5%

Consolidated Operating Income

18,011

17,479

+532

+3.0%

Consolidated Ordinary Income

17,980

17,323

+657

+3.8%

Net Income Attributable to Owners of Parent

11,370

11,013

+357

+3.2%

  • All Store Sales: combined sales of company-operated and franchised restaurants The 2nd Quarter (cumulative) 2023 vs. Last Year (%)

System-wide Sales

Same-store Sales

Same-store GC

Same-store AC

+8.8%

+7.4%

-1.7%

+9.2%

All Store Sales for the 2nd quarter (cumulative) were 372.1 billion yen, up 30.1 billion yen compared to the same period of the last year due to proactive investment in marketing, restaurants, and people based on the Medium-Term Management Plan and our price revisions.

Operating Income increased by 0.5 billion yen to 18.0 billion yen, Ordinary Income increased by 0.6 billion yen to 17.3 billion yen, and Net Income Attributable to Owners of the Parent increased by 0.3

billion yen to 11.3 billion yen. These increases in profits are due to the sales increase and the cost control initiatives, despite ongoing cost increases from the external environment change, such as fluctuating foreign exchange rates and rising costs of raw materials and logistics. Business is making progress generally in line with expectations.

Moving forward, we will continue to be thorough in the areas of safety and security, the foundation of our business, while aiming to enhance customer satisfaction through improved store experience. Furthermore, we will strive to contribute to local communities and become a brand that is loved by everyone and aim to achieve our full-year and medium-term management targets.

EOD *This document is distributed to Kabuto Club, Tokyo Chamber of Commerce Press Club, and Eating Out Industry Press Club.

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McDonald's Holdings Co (Japan) Ltd. published this content on 10 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2023 06:30:07 UTC.