Oriental Land Co., the operator of Disney theme parks in Japan, said Monday its net profit for fiscal 2004 dropped 7 percent to 17.22 billion yen as an unusually hot summer hit visitor numbers.
For the year ending in March, the company's sales dropped 2 percent to 331.09 billion yen.
During that period, the firm introduced new attractions -- "Buzz Lightyear's Astro Blasters" and "BraviSEAmo!" -- to minimize the rebound expected after the 20th anniversary of Tokyo Disneyland the previous year, but it suffered lower visitor numbers due to the record-breaking summer heat.
The combined total of visitors to Tokyo Disneyland and Tokyo DisneySea in fiscal 2004 fell 1.8 percent to 25.02 million.
Oriental Land also announced that President Toshio Kagami will become chairman and chief executive officer, a newly created post. Yoshiro Fukushima, senior executive managing director, will be president and chief operating officer. The management change is scheduled to take effect June 29.
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