Oriental Land Company Posts First Annual Loss in Trading History, Attendance Sharply Down at Tokyo Disney Resort Due to COVID-19 Pandemic

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Today, the Oriental Land Company held its annual fiscal year results meeting for FY2020, and as expected, results were not great at best due to the major impacts of the COVID-19 pandemic and fluctuating restrictions surrounding theme parks in Japan. During the last fiscal year, the Oriental Land Company posted its first annual loss since public trading began in 1996. Net sales across the company plummeted 63.3% to ¥170.5 billion, about $1.565 billion, from ¥464.4 billion, about $4.26 billion, in […]

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