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The Oriental Land Company

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The Oriental Land Company, Limited is a Japanese leisure and tourism corporation headquartered in Urayasu, Chiba, Japan. The company owns the Tokyo Disney Resort in Urayasu. The main shareholders of the company are Keisei Electric Railway and Mitsui Fudosan. The company also owned and operated all Disney Stores in Japan until April 2010 when the company sold the stores back to Disney.

The company was originally focused on improving leisure opportunities in Japan, such as building swimming pools and gyms. It approached The Walt Disney Company in 1980 to finance the first international Disney park. After Tokyo Disneyland opened in 1983, Oriental Land Company decided not to sell the park back to Disney. Walt Disney Attractions Japan pays Disney for character and likeness licenses, and Disney leased their Imagineers to the company to design and build Tokyo Disneyland Park as well as a second theme park, Tokyo DisneySea, which opened in September 2001.

In October 2008, Oriental Land Company announced that it had shelved plans for a new Disney complex in Fukuoka, Japan. The company and Disney had spent more than a year studying an urban-style amusement facility for 2010 or later, but decided that the expected investment return would not justify the project. The firm said it would continue to explore possibilities for a new business, which might not involve Disney.

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This page uses content from the English Wikipedia. The article or pieces of the original article was at The Oriental Land Company. The list of authors can be seen in the page history. As with Disney Wiki, the text of Wikipedia is available under the GNU Free Documentation License.

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