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 ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!