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Burger chains to increase presence in Japan

Published 02/13/2018, 02:11 PM
© Reuters.  Burger chains to increase presence in Japan
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  • McDonald's Japan plans to open 200 restaurants in Japan this year, while Burger King Japan set a goal to triple its locations to 300 by 2022.
  • A rise in tourism to Japan along with the increase in popularity of hamburgers with Japanese consumers are partially behind the plan of the fast-food chains to boost their presence. The timing is also strategic ahead of the 2020 Summer Olympics scheduled for Tokyo.
  • McDonald's (NYSE:MCD) holds a 50% share of McDonald's Japan. Burger King Japan is owned by Restaurant Brands International (NYSE:QSR).
  • Now read: McDonald's: What Do Q4 Results Mean For Shareholders?


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