Article from Stuff - May 10, 2005
Japan Disney firm oriental land 04/05 profit down

TOKYO: Japan's Oriental Land Co Ltd, operator of the Tokyo Disney resorts, yesterday reported a 7 per cent fall in annual profit due to a decline in visitor numbers but forecast a better year ahead.


The Tokyo Disney resorts - Disneyland and the adjacent DisneySea - drew 25 million visitors in the year ended March 31, down 1.8 per cent from the year before when events marking Tokyo Disneyland's 20th anniversary drew record numbers of customers.

Bad weather such as a series of typhoons that hit Japan late last year also lashed the company, overshadowing its April 2004 launch of "Buzz Lightyear's Astro Blasters", a ride-and-shoot attraction featuring the popular "Toy Story" movie character.

Oriental Land's group net profit totalled 17.2 billion yen ($NZ226 million) for the year ended March 31, beating the company's reduced estimate of 16.1 billion yen announced in February.