TOKYO New menu items, extended operating hours and store remodelings boosted the net profits of McDonald’s Holdings Co. (Japan) Ltd. more than fivefold for 2007, to the equivalent of $73 million, or ¥7.82 billion. Net profit for 2006 was ¥1.55 billion.The operator or franchisor of 3,746 McDonald’s units, or about 12 percent of the chain, is 50-percent owned by brand parent McDonald’s Corp.The Tokyo-based company reported record sales of about $3.73 billion for the year, an ...
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