Oriental Land Co., the operator of Tokyo Disneyland, said Tuesday it will book a consolidated net profit of 12.7 billion yen for the just-ended business year, up from 5.9 billion yen forecast in November.
The firm attributed the upward revision to the successful launch in September of its second theme park, Tokyo DisneySea.
The revised group earnings projection for the 2001 business year, which ended March, also includes a pretax profit of 23.7 billion yen and operating revenues of 281 billion yen. The previous forecast put pretax profit at 13.1 billion yen and operating revenues at 274.7 billion yen.
In 2000, Oriental Land chalked up consolidated net and pretax profits of 4.74 billion yen and 12.04 billion yen on group operating revenues of 200.19 billion yen.
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