TOKYO, Mar 24 (Pulse News Wire) – Oriental Land CO.,LTD. (4661.T) announced today that its board of directors approved the establishment of a wholly-owned subsidiary named Oriental Land Cruises Co., Ltd.
The new entity aims to launch Disney cruises based in Japan by fiscal 2028, marking a significant expansion of the company's operations beyond Tokyo Disneyland Resort. The subsidiary, scheduled to be officially established on April 3, 2026, will have a capital of ¥400 million and will operate out of Chiba, Urayasu Shi Mihama1-9-2. It will focus on managing and operating cruise ships, planning development, and sales activities centered around Disney-branded cruises. The company’s representative director, Shigeru Takahashi, stated that the move aligns with their long-term strategic vision for sustainable growth.
The subsidiary will initially be managed independently but anticipates future group transactions once fully operational. Looking ahead, Oriental Land expects minimal impact on its March 2026 earnings due to the setup costs. The company plans to base its upcoming Disney cruise ship design on the existing Disney Wish vessel, collaborating closely with The Walt Disney Company to tailor specifications for a Japanese-flagged ship. Construction of the first cruise liner is set to begin in the latter half of 2026, aiming to introduce a new family entertainment experience in Japan's cruise market by 2028.
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