Oriental Land has unveiled its long-term management strategy for fiscal year 2035.
Focusing on their core business, theme parks, the company aims to grow its existing businesses while also launching a new cruise business. Challenges such as the shrinking domestic market due to a declining birthrate and aging population, as well as rising labor costs and construction days, need to be addressed. The company plans to adapt to environmental changes and ensure steady growth.
In theme parks, they will explore large-scale developments such as area renewals, introduce new facilities, and expand content.
In the Tomorrowland area of Tokyo Disneyland, an attraction set in the world of “Wreck-It Ralph” will open in fiscal 2026 or later, and the renewal of Space Mountain and its surrounding area is planned for 2027. Investments amount to 29.5 billion yen and 70.5 billion yen, respectively.
The demand for accommodation in the Maihama and Shin-Urayasu areas remains high, with a room occupancy rate of 95%. Considering this and the policy of attracting inbound visitors, the development of a new Disney hotel is also under consideration.
For the cruise business scheduled to commence in fiscal 2028, the investment breakdown has been updated to 290 billion yen for the ship and 40 billion yen for contingency funds. Aiming for a profit in fiscal 2029 with annual operations, the operating profit margin is expected to reach the high 20% range a few years after commencement. The launch of a second ship will be considered following the success of the first.
Additionally, the corporate venture capital (CVC) investment fund will be expanded from 3 billion yen to 13 billion yen. So far, investments have been made in 19 companies, with a maximum investment of 2.35 billion yen per company.
Through these efforts, they aim to achieve an operating cash flow level of 300 billion yen by fiscal 2029 and sales exceeding 1 trillion yen by fiscal 2035.
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