Below are the financial statements of McDonald's Japan, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of JPY | 2024 | 2023 |
---|---|---|
Net sales | — | — |
Sales by company-operated restaurants | 273,459a | 259,692a |
Revenue from franchised restaurants | 132,018a | 122,297a |
Total net sales | 405,477a | 381,989a |
Cost of sales | — | — |
Product cost | -243,315a | -234,367a |
Franchised restaurants occupancy expenses | -81,173a | -75,330a |
Total cost of sales | -324,489a | -309,698a |
Gross profit | 80,987a | 72,291a |
Selling, general and administrative expenses | -32,966a | -31,413a |
Operating income | 48,021a | 40,877a |
Non-operating income | — | — |
Interest income | 154a | 144a |
Compensation income | 323a | 344a |
Insurance income | 319a | 133a |
Reversal of allowance for doubtful accounts | 18a | 0a |
Subsidy income | 343a | 163a |
Other | 547a | 845a |
Total non-operating income | 1,706a | 1,631a |
Non-operating expenses | — | — |
Interest expenses | -9a | -8a |
Provision of allowance for doubtful accounts | 0a | -14a |
Loss on disposal of company-operated restaurants | -1,949a | -1,349a |
Loss on cancellation of leasehold contracts | -233a | -193a |
Other | -146a | -208a |
Total non-operating expenses | -2,338a | -1,774a |
Ordinary income | 47,389a | 40,734a |
Special income | — | — |
Gain on sales of shares of subsidiaries | 1,209a | 0a |
Gain on sales of non-current assets | 451a | 76a |
Total special income | 1,660a | 76a |
Special loss | — | — |
Loss on sale of non-current assets | 0a | -1a |
Loss on disposal of non-current assets | -877a | -696a |
Impairment loss | -944a | -1,344a |
Total special loss | -1,822a | -2,042a |
Income before income taxes | 47,226a | 38,768a |
Current taxes | -15,090a | -12,683a |
Deferred taxes | -174a | -2,928a |
Income taxes refund | 0a | -2,006a |
Total provision for income taxes | -15,264a | -13,605a |
Net income | 31,961a | 25,163a |
Net income attributable to owners of parent | 31,961a | 25,163a |
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