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MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Oriental Land Co., Ltd.    4661   JP3198900007

ORIENTAL LAND CO., LTD.

(4661)
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UPDATE1: Tokyo Disney parks, USJ to extend closure again over coronavirus

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04/09/2020 | 02:48am EDT

Tokyo Disney Resort and Universal Studios Japan will again extend their closure and reopen later than mid-May to curb the spread of the new coronavirus in line with the government's request, the operators of the theme parks said Thursday.

Oriental Land Co., which runs Tokyo Disneyland and Tokyo DisneySea, said on March 27, 12 days after they were originally hoping to reopen, that they would reopen April 20 or later.

Meanwhile, USJ LLC, the operator of the amusement park in Osaka, was previously planning to reopen next Sunday. All three parks have been closed since Feb. 29.

The extension of closure came after Prime Minister Shinzo Abe declared Tuesday a state of emergency through May 6, covering Chiba and Osaka prefectures, where the parks are located, as well as five other prefectures.

The declaration enables local authorities to instruct people to stay at home and companies to close large facilities.

Oriental Land will also extend the closure of its four group hotels, which are inside or near the parks, such as the Disney Ambassador Hotel.

The opening date of Tokyo Disneyland's newly developed area will be decided after the parks reopen, the company said.

==Kyodo

© Kyodo News International, Inc., source Newswire

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Financials
Sales 2021 311 B 2 908 M 2 908 M
Net income 2021 13 962 M 131 M 131 M
Net cash 2021 102 B 950 M 950 M
P/E ratio 2021 386x
Yield 2021 0,31%
Capitalization 4 539 B 42 511 M 42 454 M
EV / Sales 2020
EV / Sales 2021 14,3x
Nbr of Employees 8 034
Free-Float 54,6%
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Technical analysis trends ORIENTAL LAND CO., LTD.
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Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 16 058,33 JPY
Last Close Price 13 865,00 JPY
Spread / Highest target 34,9%
Spread / Average Target 15,8%
Spread / Lowest Target -27,9%
EPS Revisions
Managers
NameTitle
Toshio Kagami Chairman & Chief Executive Officer
Kyoichiro Uenishi President, COO & Representative Director
Junichi Onosato Executive Officer & GM-Technology
Norio Irie Director, Executive VP & Head-Personnel
Yumiko Takano Director & Senior Managing Executive Officer
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