McDonald's Japan

#2446

Rank

$5.18B

MarketCap JP

JP Japan

Country

Summary
McDonald's Holdings Company (Japan), Ltd. operates a chain of hamburger restaurants under the McDonald's brand in Japan. As of December 31, 2021, it operated 2,942 restaurants. The company was formerly known as Japan McDonald's K.K. and changed its name to McDonald's Holdings Company (Japan), Ltd. in July 2002. McDonald's Holdings Company (Japan), Ltd. was founded in 1971 and is headquartered in Tokyo, Japan.

History

Siblings Richard and Maurice McDonald opened the first McDonald's at 1398 North E Street at West 14th Street in San Bernardino, California , on May 15, 1940. The brothers introduced the "Speedee Service System" in 1948, putting into expanded use the principles of the modern fast-food restaurant that their predecessor White Castle had put into practice more than two decades earlier. The original mascot of McDonald's was a chef hat on top of a hamburger who was referred to as "Speedee". In 1962, the Golden Arches replaced Speedee as the universal mascot. The mascot, clown Ronald McDonald, was introduced in 1965. He appeared in advertising to target their audience of children.

On May 4, 1961, McDonald's first filed for a U.S. trademark on the name "McDonald's" with the description "Drive-In Restaurant Services", which continues to be renewed. By September 13, McDonald's, under the guidance of Ray Kroc, filed for a trademark on a new logo—an overlapping, double-arched "M" symbol. But before the double arches, McDonald's used a single arch for the architecture of their buildings. Although the "Golden Arches" logo appeared in various forms, the present version was not used until November 18, 1968, when the company was favored a U.S. trademark.

The present corporation credits its founding to franchised businessman Ray Kroc on April 15, 1955. This was in fact the ninth opened McDonald's restaurant overall, although this location was destroyed and rebuilt in 1984. Kroc was recorded as being an aggressive business partner, driving the McDonald brothers out of the industry.Kroc and the McDonald brothers fought for control of the business, as documented in Kroc's autobiography. In 1961, he purchased the McDonald brothers' equity in the company and began the company's worldwide reach. The sale cost Kroc $2.7 million, a huge sum during that time. The San Bernardino restaurant was eventually torn down in 1971, and the site was sold to the Juan Pollo chain in 1998. This area serves as headquarters for the Juan Pollo chain, and a McDonald's and Route 66 museum. With the expansion of McDonald's into many international markets, the company has become a symbol of globalization and the spread of the American way of life. Its prominence has made it a frequent topic of public debates about obesity, corporate ethics, and consumer responsibility.


Mission
McDonald's Japan endeavors to provide the best menu and and customer service to those who visit at our restaurants. We strive to provide meals that exceed customer expectations and exceed the customer's expectations in customer service.

Vision
Our vision is to be the best fast food restaurant in Japan, providing the highest-quality products and customer service experience to our customers.

Key Team

Tamotsu Hiiro (CEO, Pres & Representative Director)

Shuko Yoshida (VP & CFO)

Mr. Shotaro Shimizu (Director of Investor Relations Group)


Recognition and Awards
McDonald's Japan has been honored with the Japan Quality Award, Grand Prize in 2019. The award is given by The Union of Japanese Scientists and Engineers and given to organizations and businesses that have made outstanding contributions to industry, technology, or research. The company has also won numerous customer service awards, including the 2018 Japan Customer Service Excellence Award in recognition of the company's excellence in customer service.

References
McDonald's Japan
Leadership team

Tamotsu Hiiro (CEO, Pres & Representative Director)

Shuko Yoshida (VP & CFO)

Mr. Shotaro Shimizu (Director of Investor Relations Group)

Products/ Services
Restaurants
Number of Employees
1,000 - 20,000
Headquarters
Tokyo, Tokyo, Japan
Established
1971
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
2702.T
Thu Feb 29 2024
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