2023/11/14 / Last updated : 2023/11/14 東京支店 blog

ORIENTAL LAND HITS RECORD PROFITS DUE TO INCREASE IN VISITORS TO JAPAN

Oriental Land, the operator of Tokyo Disney Resort, recently announced an upward revision in its net profit forecast for the fiscal year ending next March.

It is expected to increase by 30% compared to the previous year, reaching a record high of 105.1 billion yen, surpassing the earlier estimate of 86.9 billion yen. This positive adjustment is attributed to the rising number of park visitors, particularly inbound tourists, and an increase in sales per visitor.

The revised forecasts for sales through March next year stand at 594.6 billion yen, marking a 23% increase, and operating income at 146.7 billion yen, a 32% increase—both setting new records.

Notably, the number of visitors from April to September this year reached 12.5 million, reflecting a remarkable 40% increase from the previous year. Among these, inbound tourists accounted for 13%, marking an all-time high.