Tokyo Disney Resort Operator Unveils Major Expansion Plans Amid Record Growth

In a significant announcement, Oriental Land Co., the operator of Tokyo Disney Resort, has detailed its ambitious strategies for expansion, which include introducing a second Disney cruise ship and increasing hotel accommodations. This plan is primarily fueled by strong occupancy rates and is integral to the company's long-term vision. The first of these cruise ships is set to launch in FY2028, marking a proactive investment aimed at escalating the company's revenue to over ¥1 trillion by fiscal 2035, reflecting a 1.5 times increase from its current levels. The company's recent financial results for the fiscal year ending March 2025 show remarkable success, with consolidated sales hitting ¥679.3 billion, a 9.8% rise year-on-year, and operating profit climbing by 4% to ¥172.1 billion. Visitor numbers to Tokyo Disneyland and Tokyo DisneySea have plateaued at 27.56 million in fiscal 2024, slightly above the 27.51 million recorded the previous year. Enhanced revenue per visitor, driven by strong sales of priority passes and premium-priced tickets, has resulted in an impressive ¥17,833 average spending, a 7.1% increase. Looking forward, Oriental Land plans to explore large-scale projects aimed at boosting visitor numbers further, including expanding hotel capacity and refurbishing various park sections. Though the cruise operations are yet to commence, the company anticipates reaching profitability from FY2029, with expectations based on the robust model established by Disney Enterprises Inc.’s existing cruise lines in the U.S., coupled with a favorable response from repeat visitors to the theme parks. Overall, this creative investment strategy indicates Oriental Land’s commitment to enhancing user experience while simultaneously catering to the growing demand from its visitors, paving the way for its continued success in the competitive theme park landscape.