Oriental Land Co., the operator of Tokyo Disneyland and Tokyo DisneySea, said Wednesday its group net profit in the first half through Sept. 30 surged 386.6 percent to 9.19 billion yen from a year earlier, thanks mainly to the popularity of DisneySea.
Oriental Land said its per-share net profit rocketed to 91.74 yen from 18.85 yen.
The Chiba Prefecture-based firm said the two amusement parks drew a total of 11.96 million visitors in the April-September period, up 28.6 percent from a year earlier. Figures for each park are not available.
Oriental Land said it will pay an interim dividend of 12 yen per share for the period, up from 7 yen the previous year.
The firm said the sharp rise in earnings was also due to the popularity of Tokyo DisneySea Hotel MiraCosta, which opened with DisneySea in September 2001.
Oriental Land said its group pretax profit came to 15.94 billion yen, up 190.7 percent, on consolidated revenues of 160.39 billion yen, up 40.6 percent.
For the full year through March 31, the company forecasts a group net profit of 17.7 billion yen and a pretax profit of 31.6 billion yen on consolidated revenues of 337.9 billion yen.
The figures compare with a group net profit of 12.73 billion yen and a pretax profit of 23.79 billion yen on consolidated revenues of 281.08 billion yen for 2001.