said Friday it will probably post a net loss of 3.7 billion yen in the year ending Dec. 31, having earlier pledged to return to profitability following last year's first-ever loss in nearly three decades.
In August, the firm forecast a net profit of 2.1 billion yen.
Also on Friday, the company announced senior management appointments at its restaurant-operating subsidiary McDonald's Co. Japan, underscoring the growing influence of the U.S. parent on the struggling chain.
Moreover, the company stressed in a revitalization plan it hopes to return to its core hamburger business and withdraw from the Pret A Manger sandwich business it started two years ago.
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