Top 5 Leisure Companies in the World

2. Oriental Land Co. Ltd. (TYO:4661)

Market cap: $45.5 Billion

Another industry giant showing signs of recovery post Covid relaxations is the Japanese A-lister and one of the most valuable companies in the world, Oriental Land Company (TYO: 4661).

According to Oriental’s consolidated results for the fiscal year ending March 31, 2022, the company’s net sales rose 61pc year-on-year to ¥275.73 billion ($2.04 billion) as against ¥170.58 billion in April-March FY2021. It further reported a net income of ¥8.07 billion, a surge of 114.89pc over last year. This growth, although significant compared to FY21 (-$54 billion yen), was still far from the heights reached in FY19, when the same stood at ¥80.28 billion.

Oriental Land (OLCLY) foresees its net sales and profits to increase in the fiscal year ending March 31, 2023, owing primarily to an increase in theme park attendance on the back of improvements in the external environment. It also projects net sales, operating profit, ordinary profit, and profit attributable to owners of parent for FY23 to clock in at ¥407,922 million (up 47.9pc YoY), ¥50,251 million (up 549.8pc YoY), ¥50,601 million (up 348.7pc YoY), and ¥35,244 million (up 336.8pc YoY), respectively.

Founded by Chiharu Kawasaki and Hideo Edo in 1960, The Oriental Land Company engages in the operation and management of leisure facilities across three segments: Theme Parks, Hotels and Others. The Theme Parks segment operates Tokyo Disneyland and Tokyo DisneySea theme parks. The Hotels segment manages Tokyo Disneyland Hotel, Disney Ambassador Hotel, Tokyo DisneySea Hotel MiraCosta, and Palm & Fountain Terrace Hotel. The Others segment includes land development operations.