is a Japanese leisure and tourism corporation headquartered in

Urayasu, Chiba 260px, old Urayasu is a city located in Chiba Prefecture, Japan. , the city had an estimated population of 170,533 in 81,136 households and a population density of . The total area of the city is . Urayasu is best known as the home of the Tokyo ...

, Japan where it also owns and operates the

Tokyo Disney Resort The (local nickname ''TDR'') is a theme park and vacation resort located in Urayasu, Chiba, Japan, just east of Tokyo. The resort is fully owned and operated by The Oriental Land Company under a licence from The Walt Disney Company, who const ...

. The company operates in three segments, divided as theme parks, hotels, and other business. Oriental Land pays licenses and royalties to

The Walt Disney Company The Walt Disney Company, commonly known as Disney (), is an American multinational mass media and entertainment industry, entertainment conglomerate (company), conglomerate headquartered at the Walt Disney Studios (Burbank), Walt Disney Stud ...

for use of their

intellectual properties Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property, and some countries recognize more than others. The best-known types are patents, cop ...

, while Disney provides consultation and their

Imagineering ''Imagineering'' (from "imagination" and "engineering") is the implementation of creative ideas in practical form. The word was registered as a trademark of Disney Enterprises, Inc. in 1990, and forms part of the title of Disney's research and dev ...

division to design and build Oriental Land's theme parks and attractions at the resort. The Oriental Land Company is the only Disney Resort business company in the world that has no capital relationship with Disney.

History

The Oriental Land Company was founded in 1960. The company was developing Maihama, an area of land in Urayasu that was created through land reclamation. Two years later, the company contacted Disney about building a theme park. OLC was also building a few shopping centers in

Chiba Prefecture is a prefecture of Japan located in the Kantō region of Honshu. Chiba Prefecture has a population of 6,278,060 (1 June 2019) and has a geographic area of . Chiba Prefecture borders Ibaraki Prefecture to the north, Saitama Prefecture to t ...

. In 1979, Oriental and Disney agreed to build the theme park.

Tokyo Disneyland (local nickname ''TDL'') is a theme park at the Tokyo Disney Resort in Urayasu, Chiba Prefecture, Japan, near Tokyo. Its main gate is directly adjacent to both Maihama Station and Tokyo Disneyland Station. It was the first Disney park to ...

opened on on 200 acres in Maihama. The company borrowed $1.4 billion for Disneyland which they paid off in three years. Disney announced in the building of

Tokyo DisneySea is a theme park at the Tokyo Disney Resort located in Urayasu, Chiba Prefecture, Japan, just next to Tokyo. It opened on 4 September 2001, at a cost of 335 billion yen. The Oriental Land Company owns the park, and licenses intellectual prope ...

to be owned by Oriental next to the Tokyo Disneyland. Oriental and Disney signed the DisneySea licensing agreement in with the theme park to open in 2001 at a cost of $2.6 billion. In , the company sold two sets of bonds, $200 million in quake bonds and $406 million of bonds to fund DisneySea. DisneySea opened on at only $200 million over budget. In 2000, OLC formed Ikspiari Co., Ltd. to run Ikspiari. Even though the

Disney Store The Disney Store is a chain of specialty stores selling only Disney related items, many of them exclusive, under its own name and Disney Outlet. It was a business unit of Disney Consumer Products with the Disney Parks, Experiences and Products s ...

s maintained strong sales, mounting cost of sales and operation and the loss of key executives who had driven the Disney Stores to success led

to convert the Disney Stores into a licensed operation. The Japanese stores were sold to the company in April 2002 and placed into Retail Networks Co., Ltd. subsidiary. In October 2008, Oriental Land Company announced that it and Disney had shelved plans for a new Disney complex in a major Japanese city. The company and Disney had spent more than a year studying an urban-style amusement facility for 2010 or later, but ended planning due to low profits expected versus the investment. The firm said it would continue to explore possibilities for a new business, which might not involve Disney. The Oriental Land Company announced an agreement that it would sell Retail Networks Co., Ltd., its Japanese Disney Stores, back to

. Disney took over beginning on March 31, 2010, Retail Networks Co., Ltd., Oriental Land Company subsidiary owning the Disney Stores in Japan. OLC's hotel subsidiary, Milial Resort Hotels Co., Ltd. purchased on the Brighton Corporation, another hotel company.Company Overview of Brighton Corporation
Bloomberg Business. Accessed on August 20, 2015. On , Create Restaurants Holdings Inc. fully acquired RC Japan Co., Ltd. from Oriental Land Co., Ltd. for 65 million yen.

License

Oriental Land Co., Ltd does not have a license for Marvel Entertainment. There are no facilities related to Marvel in Tokyo Disneyland and Tokyo DisneySea.

Corporate assets

, Theme Park segment **

*Milial Resort Hotels Co., Ltd., Hotel Business segment **

Disney's Ambassador Hotel The Disney Ambassador Hotel was the first Disney-branded hotel built at Tokyo Disney Resort in Urayasu, Chiba, Japan. It opened on July 20, 2000, and was constructed under a license by The Walt Disney Company. The hotel is managed by The Orienta ...

Tokyo DisneySea Hotel MiraCosta The Tokyo DisneySea Hotel MiraCosta was the second hotel built at Tokyo Disney Resort in Urayasu, Chiba, Japan. It opened on September 4, 2001, alongside the opening of the Tokyo DisneySea theme park. It was constructed under a license by The W ...

Tokyo Disneyland Hotel The Tokyo Disneyland Hotel is the third Disney-brand hotel of the Tokyo Disney Resort. Also, it is the fourth Disneyland Hotel. It is located directly in front of the Tokyo Disneyland park with the Tokyo Disneyland station of the Disney Resort L ...

**Brighton Corporation, Ltd. ***Palm & Fountain Terrance Hotel ***Urayasu Brighton Hotel ***Kyoto Brighton Hotel *Other Business segment **IKSPIARI Co., Ltd., operates

Ikspiari The (local nickname ''TDR'') is a theme park and vacation resort located in Urayasu, Chiba, Japan, just east of Tokyo. The resort is fully owned and operated by The Oriental Land Company under a licence from The Walt Disney Company, who constr ...

, an entertainment complex near the theme parks that has 9 themed zones with more than 100 shops and a 16-screen cinema. **employee cafeterias; and theme restaurants *Maihama Resort Line Co., Ltd. operates

Disney Resort Line The , officially called , is an automated monorail in Japan, which operates between Maihama Station and the Tokyo Disney Resort. The system is operated by , the subsidiary of Oriental Land Co., Ltd. that operates the resort. Legally speaking, ...

, a monorail service *affiliate transportation companies under shared ownership with Keisei Electric Railway Co., Ltd. ** Tokyo Bay City Kotsu Co., Ltd. (35%) **Maihama Resort Cab Co., Ltd. (43%) ** Keisei Transit Bus Co., Ltd. (33%)

References

External links

OLC Group website
(In Japanese)
OLC Group website (In English)
{{DEFAULTSORT:Oriental Land Company Companies listed on the Tokyo Stock Exchange Companies based in Chiba Prefecture Entertainment companies established in 1960 Mitsui Fudosan Keisei Electric Railway Japanese companies established in 1960