McDonald's Holdings Company(Japan)McDonald's Holdings Company(Japan),Ltd.2702東証スタンダード小売業FY ending Dec 2025, consolidated, J-GAAP

McDonald's Holdings Company(Japan) FY ending Dec 2025 results

McDonald's Holdings Company(Japan) brought in ¥416.6B in revenue.

Out of every ¥100 of sales, about ¥13 is left as operating profit.

Revenue changed +2.7% from the prior year, operating profit +10.9%.

Revenue and profit pattern

Revenue and profit upProfit grew faster

Revenue +2.7% · profit +10.9%, calculated from disclosed figures.

Operating leverage: 3.97× (profit growth ÷ revenue growth)

What changed from last year

FY ending Dec 2024 → FY ending Dec 2025

Revenue
+2.7%¥405.5B → ¥416.6B
Gross profit
+6.9%¥81B → ¥86.6B
Operating income
+10.9%¥48B → ¥53.3B
Net income attributable to owners
+6.1%¥32B → ¥33.9B
Operating cash flow
+1.0%¥52.7B → ¥53.2B
Free cash flow
+16.4%¥10.7B → ¥12.4B

Results at a glance

  • Revenue for the FY ending Dec 2025 was ¥416.6B, up +2.7% from ¥405.5B.
  • Operating income grew faster, rising +10.9% from ¥48B to ¥53.3B.
  • Net income attributable to owners reached ¥33.9B (+6.1%), and free cash flow was ¥12.4B (+16.4%).

What drove the change

  • Efforts to improve the in-store experience lifted same-store sales, and combined sales across company-run and franchised stores beat the prior year
  • Store costs, led by ingredients, kept rising, but more efficient store operations and cost reviews still pushed profit up
  • The cost ratio at company-run stores fell thanks to higher sales and better store profitability

Things to watch

  • Prices of ingredients such as beef and potatoes move with global commodity markets, and imports are exposed to exchange rates
  • It competes not only with fast-food chains but also with convenience stores and ready-meal sellers
  • Most store sites are leased, so a landlord's decision not to renew can force even a well-performing store to close

Annual securities report (55th term) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual securities report (55th term) / 事業等のリスク

Where the money goes

FY ending Dec 2024 → FY ending Dec 2025

Where ¥100 of sales goes

For every ¥100 McDonald's Holdings Company(Japan) sells, how much goes where, and how much is kept.

FY ending Dec 2025
Cost of sales
¥79
SG&A
¥8
Operating profit
¥13
Net profit kept
¥8

Annual margin trends

Gross margin20.8%
FY ending Dec 2020: 20.2%20.2%FY ending Dec 2021: 20.0%20.0%FY ending Dec 2022: 18.3%18.3%FY ending Dec 2023: 18.9%18.9%FY ending Dec 2024: 20.0%20.0%FY ending Dec 2025: 20.8%20.8%FY20FY21FY22FY23FY24FY25
Operating margin12.8%
FY ending Dec 2020: 10.9%10.9%FY ending Dec 2021: 10.9%10.9%FY ending Dec 2022: 9.6%9.6%FY ending Dec 2023: 10.7%10.7%FY ending Dec 2024: 11.8%11.8%FY ending Dec 2025: 12.8%12.8%FY20FY21FY22FY23FY24FY25
Net margin8.1%
FY ending Dec 2020: 7.0%7.0%FY ending Dec 2021: 7.5%7.5%FY ending Dec 2022: 5.7%5.7%FY ending Dec 2023: 6.6%6.6%FY ending Dec 2024: 7.9%7.9%FY ending Dec 2025: 8.1%8.1%FY20FY21FY22FY23FY24FY25

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第55期(2025/01/01-2025/12/31)

    ID S100XS222026-03-19Open
  • EDINET (FSA Japan)

    有価証券報告書-第54期(2024/01/01-2024/12/31)

    ID S100VH4I2025-03-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第53期(2023/01/01-2023/12/31)

    ID S100T4LQ2024-03-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第52期(2022/01/01-2022/12/31)

    ID S100QGTM2023-03-29Open
  • EDINET (FSA Japan)

    有価証券報告書-第51期(令和3年1月1日-令和3年12月31日)

    ID S100NS5N2022-03-30Open
  • EDINET (FSA Japan)

    有価証券報告書-第50期(令和2年1月1日-令和2年12月31日)

    ID S100L1YL2021-03-29Open

Extracted from XBRL: 48 / Derived from other figures: 1

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