Oriental Land Co. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2020
July 30, 2020 at 05:18 pm EDT
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Oriental Land Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2020. For the quarter, the company reported net sales of ¥6,164 million against ¥120,552 million a year ago. Operating loss was ¥15,641 million against operating profit of ¥31,936 million a year ago. Net loss was ¥24,871 million against net profit of ¥22,923 million a year ago. Loss per share was ¥75.97 against earnings per share of ¥69.72 a year ago.
Oriental Land Co., Ltd. specialises in the operation of entertainment sites. Net sales break down by activity as follows:
- operation of theme parks (79.3%): ownership, at the end of March 2022, of 2 theme parks (Tokyo Disneyland and Tokyo DisneySea);
- hotel operations (17.2%): owning of Disney Ambassador Hotel, Tokyo DisneySea Hotel MiraCosta, Tokyo Disneyland Hotel, Tokyo Disney Resort Toy Story Hotel, Tokyo Disney Celebration Hotel, Urayasu Brighton Hotel and Kyoto Brighton Hotel;
- other (3.5%).