Brief: McDonald's Holdings Japan Says Employee At McDonald's Japan Was Arrested For Suspected Embezzlement

McDonalds Holdings Japan

25/10/2019 08:43

Oct 25 (Reuters) - McDonald's Holdings Company Japan Ltd
 2702.T :
    * EMPLOYEE AT MCDONALD'S JAPAN WAS ARRESTED THURSDAY FOR
SUSPECTED
EMBEZZLEMENT
    * EMBEZZLEMENT ESTIMATED AROUND 700 MILLION YEN ($6.4
MILLION) BUT
STILL INVESTIGATING AMOUNT
    * IMPACT ON EARNINGS THIS FY EXPECTED TO BE MINIMAL
    * WILL FULLY COOPERATE WITH INVESTIGATIVE AUTHORITIES AND
WILL
STRENGTHEN INTERNAL MANAGEMENT SYSTEM TO PREVENT RECURRENCE

Source text for Eikon:  ID:nTSVY64bd0 
Further company coverage:  2702.T 

 (Reporting By Chris Gallagher)
 ((chris.gallagher@thomsonreuters.com;))