Disneyland operator remains in red

Kyodo

Tokyo Disneyland operator Oriental Land Co. says it posted a consolidated net loss of ¥3.80 billion for the April-June quarter, remaining in the red for the second quarter in a row, as it closed the amusement park and other facilities for more than a month due to damage caused by the March 11 quake.

Oriental Land said Thursday its sales plunged 43.0 percent from a year earlier to ¥48.55 billion, due to a more than 40 percent drop in its amusement park and hotel businesses.

Visitors to Tokyo Disneyland and DisneySea in Chiba Prefecture during the quarter declined from the previous year, but Oriental Land said the numbers have since returned to the usual level.