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URAYASU, CHIBA— Oriental Land Co., Ltd. announced that plans for the further development of Tokyo Disneyland® and Tokyo DisneySea® Parks have been decided. The plans, outlined in the Oriental Land Group’s “2016 Medium-Term Business Plan” (for the period of March 2015 through March 2017) announced on April 28, include a 500 billion yen level of investment in the theme park business over the next ten years.  The plan for Tokyo Disneyland Park centers on the redevelopment of Fantasyland, which will nearly double the size of the themed land. Work on implementing this large-scale area development has already begun. In addition to the renovation of the existing Fantasyland, major new attractions, restaurants and shops are being considered for installation in the expansion site. Under consideration for Tokyo DisneySea Park is the development of a new themed port in the expansion site located south of Lost River Delta. This eighth themed port will include major new attractions, restaurants and shops.  Oriental Land will also further invest in the two Parks in multiple ways: renovation or creation of attractions and entertainment programs; development of hardware that will enhance the Guest experience in the Parks; further improvement of restaurants; easing of congestion; development of measures to protect Guests from hot and cold weather; and other ways of to make a more comfortable environment for all Guests. Furthermore, investment will be made to strengthen the theme parks’ “backstage” support functions and operational base. In addition to the above investment in infrastructure, Oriental Land will continue to raise the level of hospitality provided by Cast Members, which is vital to the Disney theme parks, by strengthening human resources development and raising employee satisfaction to an even higher level. Oriental Land’s aim for the two Disney theme parks is for them to continue to be places where Guests will have unforgettable experiences that are unlike anywhere else in the world. Oriental Land will strive to make this a reality through the above investments to maximize the value of the theme parks. 1. Amount of Theme Park Business Investment The breakdown of the 500 billion* yen level of investment in the theme park business over the next ten years ( fiscal year** 2014 through fiscal year 2023 ) is projected as follows. (Orientation of Investment)  2. Tokyo Disneyland and Tokyo DisneySea Development Plans Centering on the redevelopment of Fantasyland at Tokyo Disneyland and the development of a new themed port at Tokyo DisneySea, as well as the introduction of new attractions and other facilities, Oriental Land’s investment will aim at maximizing the value of the theme parks. Moreover, the amount of the additional investment for the Fantasylandredevelopment is expected to be the largest ever for Tokyo Disneyland and Tokyo DisneySea.  Preparations for creating comfortable environments at Tokyo Disneyland and Tokyo DisneySea Parks By further enhancement of restaurants, easing of congestion, introduction of measures to protect Guests from hot and cold weather and other actions, Oriental Land will proactively create environments that Guests can enjoy in comfort. Concrete Examples: • Restructure the show viewing area • Enhance restaurants further • Make service facilities more comfortable • Restructure the IT environment
Strengthening the base for operations including support functions In order to handle the highest level of Park attendance and provide the best Guest service, business-use land, including the land for the theme parks, will be created in the backstage area (the operations base for the theme parks) by enlarging support facilities and moving some facilities. Concrete Examples: • Move and enlarge the Logistics Center and Central Kitchen to company-owned property nearby • Move part of the administration functions to company-owned property nearby
The contents of this release are still at the planning stage. Details for each subject will be announced as soon as they are decided.
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