ORIENTAL LAND; TOKYO DISNEYLAND OPERATOR SAW NET LOSS OF $497 MILLION

Highlights –

• Oriental Land; Tokyo Disneyland operator saw net loss of $497 million.
• In FY 2020 ending in March, the total number of visitors to the theme park was 7.56 million.
• The theme park’s sales stood at 170.58 billion yen,...

SEMIANNUAL BONUS PAYMENTS FOR WORKERS AT TOKYO DISNEY RESORT TO BE CUT; PANDEMIC

Highlights –

• Semiannual bonus payments for workers at Tokyo Disney Resort to be cut; pandemic
• Bonus payments for about 4,000 of its employees to be cut by 70%.
• The operator of the resort – Oriental Land Co. is considering additi...

JAPAN’S DISNEYLAND EXTENDS CLOSURE TILL APRIL

Highlights:

• DisneyLand in Tokyo had announced closure till mid-March due to COVID-19 outbreak
• Theme parks announced the revised decision to extend closure till April

COVID-19 outbreak has affected the Japanese tourism boom drasticall...