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Food & Beverage

McDonald's Japan's supersized growth didn't wow US bosses

Despite unit's comeback, decline in dollar sales paints picture of stagnation

Capitalizing on pandemic-spurred demand, McDonald's Japan forecasts operating profit growth in 2020. But management at U.S.-based McDonald's Corp. is not lovin' it. (Photo by Suguru Sugimoto)

TOKYO -- McDonald's Holdings (Japan) has staged a dramatic comeback in the five years since a crisis triggered by food safety scandals, breaking sales records and thriving on takeout demand in the middle of a pandemic.

But the news that McDonald's Corp. of the U.S. plans to sell up to 15% of the Japanese unit at this peak shows that the parent has a very different view of its Japanese unit.

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