April 28, 2020

Supplementary Materials:
Results for the Fiscal Year Ended March 31, 2020
(April 1, 2019 through March 31, 2020)

Table of Contents■Results for the Fiscal Year Ended March 31, 2020
1. Consolidated Balance Sheets

1(Actual Fiscal Year/Previous Fiscal Year)

2. Consolidated Statements of Income

3(Actual Fiscal Year/Previous Fiscal Year)

3. Consolidated Statements of Income

05(Actual Fiscal Year/Revised forecast in October 2019)■Capital Expenditures / Depreciation and Amortization

7■Outlook for the Fiscal Year Ending March 31, 2021

7

■Theme Parks Event Calendar

8

http://www.olc.co.jp/en/

1. Consolidated Balance Sheets(Actual Fiscal Year/Previous Fiscal Year)(Millions of yen)
Items

3/19

3/20

(As of March 31, 2019)(As of March 31, 2020)

Amount%AmountChange (decrease)%

Amount%ASSETSI.

Current assets
Cash and deposits
Notes and accounts receivable-trade
Securities
Inventories
Other
Total current assets
II. Non-current assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, net
LandConstruction in progress
Other, net
Total property, plant and equipment
Intangible assets
Other
Total intangible assets
Investments and other assets
Investment securities
Long-term prepaid expenses
Other
Total investments and other assets
Total non-current assets
Total assets

377,551
22,08320,99917,324
3,877
441,835①

42.0

261,164
7,225
19,99920,088
8,262
316,741

270,971
28,125
117,653
82,342
15,228514,32248.9

291,01234,557
117,653
152,165
15,197
610,586

60.4

20,0406,432
69,822(30)
96,264

13,77013,7701.3

16,334
16,334

1.6

2,564
2,564

7.8
58.0
100.0

46,925
1,489
18,574
66,989693,9101,010,651

6.7
68.7
100.0

(13,884)
(229)
(424)
(14,538)
84,290(40,803)

14.7

13,921
4,580
7,991
74,001
100,495

9.9(5,986)(20,000)(1,539)(14,478)(12,153)(54,156)(35.0)

80,000
2,304
4,483
6,813
93,601
248,2538.9
23.6

80,000
2,488
3,537
3,873
89,898190,394

8.9
18.8

184
(946)
(2,940)(3,702)(57,859)(4.0)(23.3) Ｂ

63,201111,938
696,718(89,183)
782,674

6.0
10.6
66.3
(8.5)
74.4

63,201111,970
744,452(109,325)
810,298

6.2
11.1
73.7
(10.8)
80.2

31
47,733(20,141)
27,623

3.5

19,3201,206
20,526803,201

1.9
0.1
2.0
76.4

9,623
74
261
9,958
820,257

1.0
0.0
0.0
1.0
81.2

(9,697)74(944)(10,568)
17,055(51.5)
2.1

1,051,455

100.0

1,010,651

100.0(40,803)(3.9)

60,8101,718
18,99881,527
609,619
1,051,455

31.3(116,386)(14,857)
(999)
2,764
4,385
(125,094)(28.3)

18.7

18.6
②

(17.8)
13.8(3.9) Ａ

LIABILITIESI.

II.

Current liabilities
Notes and accounts payable-trade
Current portion of bonds
Current portion of long-term loans payable
Income taxes payable
Other
Total current liabilities
Non-current liabilities
Bonds payable
Long-term loans payable
Retirement benefit liability
Other
Total non-current liabilities
Total liabilities

19,90720,0006,119
22,47086,154
154,652③④

NET ASSETS
I.

II.

Shareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Total net assets

Total liabilities and net assets

1

⑤
⑥

Ｃ

【A. ¥40.8 Billion (3.9%) Decrease in Assets】
I. ¥125.0 Billion Decrease in Current Assets(1) Decrease in cash and deposits

II. ¥84.2 Billion Increase in Non-current Assets¥(116.3 billion) …①【Amount of Increase/Decrease in Non-current Assets】(1) Increase in capital expenditures(2) Decrease in depreciation and amortization(3) Decrease in investment securities¥139.6 billion¥(39.4 billion)¥(13.8 billion) …②(Millions of yen)

Items

Amount98,599Amount of increase/decrease in facilities

139,626

Capital expenditures
Theme Park Segment

129,930

Hotel Business Segment

5,117

Other Business Segment

4,607
(28)

Elimination from consolidation
Removal, etc.

(1,579)Depreciation and amortization(39,447)(14,308)

Amount of increase/decrease in investment securities and other assets

Total

84,290【B. ¥57.8 Billion (23.3%) Decrease in Liabilities】
I. ¥54.1 Billion Decrease in Current Liabilities

II. ¥3.7 Billion Decrease in Non-current Liabilities¥(20.0 billion) …③③(1) Decrease due to redemption ofcurrent portion of bonds(2) Decrease in income taxes payable¥(14.4 billion) …④【Breakdown of Interest-Bearing Debt】
Items

3/19

(Millions of yen)

3/20

ChangeCurrent portion of bonds

20,000-(20,000)

Current portion of long-term loans
payable

6,119

4,580

(1,539)Bonds payable

80,00080,000-Long-term loans payable

2,304

2,488

184

108,423

87,069(21,354)

Total【C. ¥17.0 Billion (2.1%) Increase in Net Assets】(1) Increase in retained earnings¥47.7 billion …⑤・ Increase in profit attributable to owners of parent¥62.2 billion

・ Decrease due to cash dividends¥(14.4 billion)(2) Decrease due to increase of treasury shares・ Decrease due to repurchase of treasury shares by tender offer¥(20.1 billion) …⑥¥(20.7 billion)22. Consolidated Statements of Income(Actual Fiscal Year/Previous Fiscal Year)(Millions of yen)
Items

3/19

3/20

(Fiscal Year ended March 31, 2019)(Fiscal Year ended March 31, 2020)

Amount%Amount%Change (decrease)
Amount%Net sales

525,622100.0

464,450100.0(61,172)(11.6) A

Theme Park Segment

437,495

83.2

384,031

82.7(53,464)(12.2) ①

Hotel Business Segment

72,42713.8

64,375

13.9(8,051)(11.1) ②

Other Business Segment

15,6993.0

16,043

3.4

344

2.2

Cost of sales

326,28362.1

300,601

64.7(25,681)(7.9)

Personnel expenses

79,75675,062(4,693)

Other expenses

213,679

194,177(19,502)

Depreciation and amortization

32,84731,361(1,485)Gross profit

199,33937.9

163,84935.3(35,490)(17.8)

Selling, general and administrative
expenses

70,061

13.3

66,986

14.4(3,074)(4.4)

Personnel expenses

26,52425,240(1,283)

Other expenses

38,16936,346(1,822)

Depreciation and amortization

5,367

5,398

31

③

Operating profit

129,278

24.6

96,862

20.9(32,415)(25.1) B

Theme Park Segment

107,278

20.4

79,66017.1(27,618)(25.7) ④

Hotel Business Segment

19,218

3.7

14,7693.2(4,449)(23.2) ⑤

Other Business Segment

2 527
2,527

05
0.5

2 161
2,161

05
0.5

(365)

(14 5) ⑥(14.5)(Elimination and Corporate)

253

0.0

271

0.1

18

7.1

Non-operating income

2,198

0.4

2,582

0.5

384

17.5

Non-operating expenses

2,037

0.4

1,382

0.3

(654)

(32.1)

129,43924.6

98,062

21.1(31,376)(24.2)

Gain on sales of investment securities

-

-

341

0.1

341

-

Total extraordinary income

-

-

341

0.1

341

-

Loss on temporary closure

-

-

9,270

2.0

9,270

-

Total extraordinary loss

-

-

9,270

2.0

9,270

-

Profit before income taxes

129,43924.6

89,133

19.2(40,305)(31.1)

Income taxes-current

39,193

7.4

25,048

5.4(14,145)(36.1)

Income taxes-deferred

(40)

(0.0)

1,868

0.4

1,908

-

Total income taxes

39,153

7.4

26,916

5.8(12,237)(31.3)

Profit90,28617.2

62,21713.4(28,068)(31.1)

Profit attributable to owners of parent

90,28617.2

62,21713.4(28,068)(31.1) Ｃ

Ordinary profit
Extraordinary income

Extraordinary loss

3⑦

【A. ¥61.1 Billion (11.6%) Decrease in Net Sales】
Items(Millions of yen)

3/19

3/20

① Theme Park Segment

437,495

384,031

Attractions and shows

201,658

179,965(21,692)(10.8)

Merchandise

152,426

126,822(25,603)(16.8)

Food and beverages

76,34570,815(5,530)(7.2)

Others② Hotel Business Segment
Disney Hoteｌs*
OthersChange(53,464)(12.2)

7,066

6,428

(638)

(9.0)

72,42764,375(8,051)(11.1)

63,33556,799(6,535)(1,516)

・Decrease in Theme Park attendance・Decrease in net sales per Guest

・Decrease in accommodation revenue due to temporary closure of Theme Parks(10.3) ・Decrease in accommodation revenue since current fiscal year is on the heels of・Tokyo Disney Resort 35th anniversary events(16.7)

9,091

7,575

15,69916,043344

2.2

Ikspiari

6,616

6,175

(440)

(6.7)

Monorail

4,739

4,767

27

0.6

Others

4,342

5,100

757

17.4

③ Other Business Segment

Primary reasons for change

Change (%)*Including Disney Ambassador Hotel, Tokyo DisneySea Hotel MiraCosta, Tokyo Disneyland Hotel and Tokyo Disney Celebration Hotel.

【Theme Park Information】
Items

ChangePrimary reasons for change

3/19

3/20

Attendance (thousand people)

32,55829,008(3,550)Change (%)

Net sales per Guest (yen)11,815

11,606

(209)

(1.8)

Ticket receipts

5,352

5,292

(60)

(1.1) ・Decrease due to changes in composition ratio of ticket sales

Merchandise

4,122

3,877

(245)

(5.9)

Food and beverages

2,341

2,437

96

(10.9) ・Decrease due to temporary closure of Theme Parks

・Decrease owing to the end of sales of Tokyo Disney Resort
・35th anniversary events related products

4.1 ・Increase due to generation of dining opportunities【B. ¥32.4 Billion (25.1%) Decrease in Operating Profit】
Items

3/19

3/20

Change(Millions of yen)

Change (%)

Primary reasons for change④ Theme Park Segment

107,278

79,660(27,618)

・Decrease in net sales
・Decrease in merchandise and food/beverages sales cost ratio [¥(0.1 billion)]・Decrease in personnel expenses [¥(4.6 billion)]-Decrease in performance bonus [about ¥(2.5 billion)]-Decrease in personnel expenses for part-time employees [¥(2.1 billion)], etc.
(25.7) ・Decrease in miscellaneous costs [¥(1.2 billion)]-Decrease in costs related to Tokyo Disney Resort-35th anniversary events [¥(3.3 billion)]-Increase in computer-system-related expenses [¥2.5 billion]-Decrease in other factors [¥(0.3 billion)]・Decrease in depreciation and amortization expenses [¥(1.4 billion)]⑤ Hotel Business Segment

19,21814,769(4,449)・Decrease in net sales(23.2) ・Decrease in personnel expenses-Decrease in performance bonus, etc.

⑥ Other Busines Segment

2,527

2,161

(365)

(14.5) ・Decrease in net sales in Ikspiari business【C. ¥28.0 Billion (31.1%) Decrease in Profit Attributable to Owners of Parent】⑦ Increase in Extraordinary Loss
・Loss on temporary closure¥(9.2 billion)

Fixed expenses incurred during suspension of operations (personnel expenses and depreciation and amortization expenses, etc.)¥(6.9 billion)

Disposal loss of merchandise and raw materials, etc.

¥(2.3 billion)43. Consolidated Statements of Income(Actual Fiscal Year/Forecast Revised in October 2019)(Millions of yen)
Items

Forecast as of Oct. 2019

Actual Results(Fiscal Year ended March 31, 2020)(Fiscal Year ended March 31, 2020)

Amount%Amount%Change (decrease)%

AmountNet sales

503,870

100.0

464,450

100.0(39,419)(7.8) A

Theme Park Segment

417,41082.8

384,031

82.7(33,378)(8.0) ①

Hotel Business Segment

69,53013.8

64,37513.9(5,154)(7.4) ②Other Business Segment

16,9303.4

16,043

3.4(886)(5.2) ③

Cost of sales

323,900

64.3

300,601

64.7(23,298)(7.2)

Gross profit

179,970

35.7

163,849

35.3(16,120)(9.0)

Selling, general and administrative
expenses

71,09014.1

66,98614.4(4,103)(5.8)

Operating profit

108,880

21.6

96,86220.9(12,017)(11.0) B

Theme Park Segment

89,01017.7

79,66017.1(9,349)(10.5) ④

Hotel Business Segment

16,8603.3

14,7693.2(2,090)(12.4) ⑤

Other Business Segment

2,720

0.5

2,161

0.5

(558)

(20.5) ⑥(Elimination and Corporate)

290

0.1

271

0.1

(18)

(6.4)

Non-operating income

2,440

0.5

2,582

0.5

142

5.9

Non-operating expenses

1,390

0.3

1,382

0.3

(7)

(0.5)

109,930

21.8

98,062

21.1(11,867)(10.8)

Gain on sales of investment securities

-

-

341

0.1

341

-

Total extraordinary income

-

-

341

0.1

341

-

Loss on temporary closure

-

-

9,270

2.0

9,270

-

Total extraordinary loss

-

-

9,270

2.0

9,270

-

Profit before income taxes

109,930

21.8

89,133

19.2(20,796)(18.9)

Income taxes

33,690

6.7

26,916

5.8(6,773)(20.1)

Profit76,24015.1

62,21713.4(14,022)(18.4)

Profit attributable to owners of parent

76,24015.1

62,21713.4(14,022)(18.4) Ｃ

Ordinary profit
Extraordinary income

Extraordinary loss

5⑦

【A. ¥39.4 Billion (7.8%) Decrease in Net Sales】
Items

Revised
Forecast

ActualResults(Millions of yen)

ChangeChange (%)

Primary reasons for change① Theme Park Segment

417,410384,031(33,378)

Attractions and shows

195,080

179,965(15,114)(7.7)

Merchandise

140,030

126,822(13,207)(9.4) ・Decrease in Theme Park attendance

Food and beverages

75,57070,815(4,754)(6.3)

Others

6,730

6,428

(301)

(4.5)

69,53064,375(5,154)(7.4)

Disney Hoteｌs*

61,26056,799(4,460)(7.3) ・Decrease in accommodation revenue due to temporary closure of Theme Parks

Others

8,270

7,575

(694)

(8.4)

16,93016,043

(886)

(5.2)

Ikspiari

6,650

6,175

(474)

(7.1) ・Decrease in Ikspiari business due to temporary closure of Ikspiari

Monorail

5,130

4,767

(362)

(7.1) ・Decrease in Monorail business due to temporary closure of Theme Parks

Others

5,150

5,100

(49)

(1.0)

② Hotel Business Segment③ Other Business Segment(8.0)*Including Disney Ambassador Hotel, Tokyo DisneySea Hotel MiraCosta, Tokyo Disneyland Hotel and Tokyo Disney Celebration Hotel.

【Theme Park Information】
Items

Revised
Forecast

ActualResults

ChangeChange (%)

Primary reasons for change(7.9) ・Decrease due to temporary closure of Theme Parks

Attendance (thousand people)

31,50029,008(2,492)

Net sales per Guest (yen)11,63011,606

(24)

(0.2)

Ticket receipts

5,320

5,292

(28)

(0.5)

Merchandise

3,920

3,877

(43)

(1.1) ・Decrease due to drop in sales of some regular products

Food and beverages

2,390

2,437

47

2.0 ・Increase due to generation of dining opportunities【B. ¥12.0 Billion (11.0%) Decrease in Operating Profit】
Items

Revised
Forecast

ActualResults

Change(Millions of yen)

Change (%)

Primary reasons for change④ Theme Park Segment

89,01079,660(9,349)・Decrease in net sales
・Increase in merchandise and food/beverages sales cost ratio [about ¥1.0 billion]
・Decrease in personnel expenses [about ¥(6.0 billion)]-Decrease in performance bonus [about ¥(3.0 billion)]-Decrease in personnel expenses for part-time employees [about ¥(2.5 billion)]-Decrease in other factors [about ¥(0.5 billion)](10.5)
・Decrease in miscellaneous costs [about ¥(5.5 billion)]-Decrease in marketing expenses [about ¥(2.0 billion)]-Decrease in research and development expenses [about ¥(1.0 billion)]-Decrease in special events related costs [about ¥(0.5 billion)]-Decrease in other factors [about ¥(2.0 billion)]・Decrease in depreciation and amortization expenses [¥(2.4 billion)]⑤ Hotel Busines Segment

16,86014,769(2,090)・Decrease in net sales(12.4) ・Decrease in personnel expenses-Decrease in performance bonus, etc.

⑥ Other Business Segment

2,720

2,161

(558)

(20.5) ・Decrease in net sales【C. ¥14.0 Billion (18.4%) Decrease in Profit Attributable to Owners of Parent】⑦ Increase in Extraordinary Loss
・Loss on temporary closure¥(9.2 billion)

Fixed expenses incurred during suspension of operations (personnel expenses and depreciation and amortization expenses, etc.)¥(6.9 billion)

Disposal loss of merchandise and raw materials, etc.

¥(2.3 billion)

6

Capital Expenditures / Depreciation and Amortization
1. Capital Expenditures(Property, plant and equipment, Intangible assets, Long-term prepaid expenses)(1) Results for the FY ended March 31, 2020 / Results for the FY ended March 31, 2019
Items
3/19 Results 3/20 Results
Change(Billions of yen)Primary reasons for change

Theme Park Segment

80.7

129.9

49.1

Tokyo Disneyland

39.2

56.7

17.5

Increase due to development of Tokyo Disneyland
Large-Scale Renovation

Tokyo DisneySea

22.4

39.2

16.8

Increase due to development of Tokyo DisneySea
Large-Scale Expansion Project

Others

19.1

33.9

14.8

Increase due to development of Tokyo DisneySea
Large-Scale Expansion Project

Hotel Business Segment

1.9

5.1

3.1 Increase due to development of new Disney Hotel

Other Business Segment

3.3

4.6

1.2 Increase in Monorail business(Elimination and Corporate)

(0.0)

(0.0)

(0.0)

86.0

139.6

53.5

Total

2. Depreciation and Amortization(Property, plant and equipment, Intangible assets, Long-term prepaid expenses)(1) Results for the FY ended March 31, 2020 / Results for the FY ended March 31, 2019
Items
3/19 Results 3/20 Results
Change(Billions of yen)Primary reasons for change

Theme Park Segment

32.0

30.5

(1.4)

Tokyo Disneyland

12.6

9.8

(2.7) Decrease in "Dreaming Up!"

Tokyo DisneySea

12.3

13.0

0.7

Others

7.0

7.5

0.5

Hotel Business Segment

3.9

3.8

(0.0)

Other Business Segment

2.2

2.3

0.1

(Elimination and Corporate)

(0.0)

(0.0)

(0.0)

38.2

36.7

(1.4)

Total

*Depreciation and amortization figures for the fiscal year ended March 31, 2020 exclude depreciation and amortization recorded as*extraordinary loss.

Outlook for the Fiscal Year Ending March 31, 2021

At the moment, it is unable to make any forecast for the fiscal year ending March 31, 2021, because the convergenceof the increasing spread of the new coronavirus (COVID-19) is not foreseeable. Therefore, the full-year forecast will beannounced when it will be reasonably predictable.
As a preparation for a reopening, we are planning ways of Theme Parks operation and calculating impact on ourrevenue. Although operation methods after the reopening has not been determined yet, we consider that safety andsecurity for our Guest and Cast Members are vital for our business.

7

Theme Parks Event Calendar for the Fiscal Year Ending March 2020

Tokyo Disneyland

April

May

June

July

★ Apr.4 - Jun.2☆ Jun.6 - Jul.7

Disney's Easter

Disney Tanabata Days

AugustSeptember★ Jul.9 - Sep.1★ Sep.10 - Oct.31

Donald's Hot Jungle Summer

Disney HalloweenNew

Jul.10, 2018 - Apr. 26, 2019
Nighttime Spectacular “Celebrate! Tokyo Disneyland”◆

Tokyo DisneySea

New★ Apr.4 - Jun.2☆ Jun.6 - Jul.7★ Jul.9 - Sep.1★ Sep.10 - Oct.31

Disney's Easter

Disney Tanabata Days

Disney Pirates Summer

Disney Halloween☆ Jun.6 - Aug.27

New

Duffy's Sunny Fun

Tokyo Disneyland

OctoberNovember

December★ Sep.10 - Oct.31★ Nov.8 - Dec.25

Disney Halloween

Disney Christmas☆

Jul.23 Opening of New Attraction"Soaring: Fantastic Flight"◆

Jul.23 Start of New Show at Hunger Stage"Song of Mirage"

January

FebruaryOct.14 Start of New Dance Program for Kids
"Jamboree Mickey!"

☆

March

☆ Jan.10 - Mar.19

New

Very Very Minnie!

Jan.1 - 5
New Year's Program◆ Dec.20, 2019 - Mar.19, 2020

New

Tokyo DisneySea◆"Star Tours: The Adventures Continue" - Special Version★ Sep.10 - Oct.31★ Nov.8 - Dec.25★ Jan.10 - Mar.19

Disney Halloween

Disney Christmas

Pixar Playtime☆

★

Jan.1 - 5
New Year's ProgramMar.27 - Jun.12
Disney Easter☆ Jan.10 - Mar.19☆

Duffy and Friends' Heartwarming Days

Mar.27 - May.31 New Greeting Program"CookieAnn’s Greeting Drive"★: Special events ☆: Programs◆: New attractions and shows※Program titles, contents, and dates are subject to change.
※Plans announced as of April 28, 2020

Theme Parks Event Calendar for the Fiscal Year Ending March 2021
April

May

Tokyo Disneyland
Tokyo DisneySea
Tokyo Disneyland

July

AugustSeptember★ Sep.11 - Nov.1
Disney Halloween☆ Jun.4 - Nov.1

New

Happy Fair with Baymax

New★ Mar.27 - Jun.12★ Jul.1 - Sep.2★ Sep.11 - Nov.1

Disney Easter

Disney Pirates Summer

Disney Halloween☆ Jun.4 - Aug.26☆ Mar.27 - May.31 Greeting Program"CookieAnn’s Greeting Drive"

OctoberTokyo DisneySea

June

Duffy and Friends' Sunny Fun

November

December★ Sep.11 - Nov.1★ Nov.10 - Dec.25

Disney Halloween

Disney Christmas

January

New

☆

New

February

March

Jan.13 - Feb.14
Beauty and the Beast-themed Program(Name to be determined)☆

Jan.1 - 5
New Year's Program☆ Jun.4 - Nov.1
Happy Fair with Baymax★ Sep.11 - Nov.1★ Nov.10 - Dec.25

Disney Halloween

Disney Christmas

New☆

★: Special events ☆: Programs☆ Jan.13 - Mar.25
Duffy and Friends Program (Name to be determined)

Jan.1 - 5
New Year's Program◆: New attractions and shows※Program titles, contents, and dates are subject to change.
※Plans announced as of April 28, 2020

【Notes for Theme Parks Event Calendar for the Fiscal Year Ended March 2020 and the Fiscal Year Ending March 2021】
The temporary closures of Tokyo Disneyland and Tokyo DisneySea have been extended in light of the increasing spread of the new coronavirus (COVID-19) and in response to the requests fromthe Japanese government and local authorities.
Although the reopening date will be determined in mid-May, special events, programs, new attractions and shows are appeared as planned on the calendar above.

【Special Events, Programs, New Attractions and Shows Scheduled to Begin During the Temporary Closure Period】
To be determined：Details of Disney Easter (Tokyo DisneySea) and CookieAnn’s Greeting Drive (Tokyo DisneySea) will be announced after the Park reopens.
To be postponed ：The opening of the Tokyo Disneyland Large-Scale Renovation new area, originally scheduled for April 15, will be determined and announced once the Parks have reopened.

8Ｏｒｉｅｎｔａｌ Ｌａｎｄ Ｃｏ., Ｌｔｄ.
Investor Relations Group, Finance/Accounting Department
URL: http://www.olc.co.jp/en///[Disclaimer]This document includes statements about Oriental Land’s plans, estimates, strategies and beliefs. The statements made thatare not based on historical fact represent the assumptions and expectations of Oriental Land in light of the information
available to it as of the date when this document was prepared, and should be considered as forward-looking.
Oriental Land uses a variety of business measures to constantly strive to increase its net sales and management efficiency.
However, Oriental Land recognizes that there are certain risks and uncertainties that should be considered which could cause
actual performance results to differ from those discussed in the forward
forward-looking
looking statements.
statements
Potential risks could include, but are not limited to, weather, general economic conditions, and consumer preferences.
Therefore, there is no firm assurance that the forward-looking statements in this document will prove to be accurate.
Theme Park attendance figures have been rounded. Financial figures have been truncated.
All rights reserved.