Tokyo Disneyland operator logs 1st annual loss due to pandemic

Economy

Tokyo Disney Resort operator Oriental Land Co. on Wednesday reported a loss for the year ended March, its first annual red ink since listing in 1996, due to record-low visitor numbers as a result of the temporary closure of its theme parks and subsequent capacity limits amid the coronavirus pandemic. The total number of visitors to the Disney theme parks was 7.56 million, compared with 9.93 million in fiscal 1983 when Tokyo Disneyland opened. Oriental Land closed Tokyo Disneyland and DisneySea for four months from late February and after operations resumed daily visitors were limited for a per...

Kyodo News

Kyodo News