Tokyo Disneyland: Some Basic Facts

Legislative Council Secretariat IN 2/99-00 INFORMATION NOTE Tokyo Disneyland: most Basic Facts 1. Background 1.1 Tokyo Disneyland opened on 15 April 1983 at a cost of US$1.4 billion. It is located on a reclaimed office about 10 km from downtown Tokyo. Tokyo Disneyland is privately own by oriental knock down, a land-reclamation company in partnership with Mitsui Real Estate and the Keisei railway Company. 1.2 Talks between Disney and Oriental Land started in the early on 1970s. Basically, Oriental Land is the owner and licensee; Disney is the designer and licensor. The final hug which was signed in 1979 gave Disney 5 per cent of the egregious gross on all food and merchandise, 10 percent of the gross on admissions, and 10% of any corporate sponsorship agreement, in alternate for a token US$2.5 million investment in the putting surface. In 1980, the construction cost was estimated to be around US$250 million. Disney earned a fee for developing the park, retained manage design control, and retained significant control over park operations through a series of highly exposit operating manuals. 1.3 The partnership plans to build next to the present site a second theme park called Tokyo DisneySea callable to open in 2001. kernel cost will measuring to ? ? US$3 billion. 2.

Basic Facts Ownership: 100% owned by Oriental Land Economic and financial arrangements Investment Oriental Land Not available Return Oriental Land and the Japanese economy 13 600 jobs, of which 19% are regular Led to development of 60 other theme position across Japan since 1983 Disney Management fee at 10% of admissions 5% royalties from gross revenues on food and merchandise Disney US$2.5 million Research and Library Services Division page 1 Legislative Council Secretariat IN 2/99-00 Operational statistics 1995 Attendance (million) Recurring profits (mln Yen) Total Sales (mln Yen) Recurring Profit/ Total Sales b localize Profit (mln Yen) Net Profit/ Total Sales Remark: fiscal year ends in... If you want to get a full essay, order it on our website: Orderessay

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