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Yomiuri Land: 40% Slump in Operating Profits Despite 12% Increase in Attendance

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Yomiuri Land operating profits slump despite 12% rise in attendance

Tokyo theme park, Yomiuri Land, has seen a 40% drop in operating profits for the period April-December 2016.

According to Nikkei Asian Review, this comes despite a 12% rise in park attendance and a 10% rise in sales.

The addition of the new Good Job Attractions zone has attracted more visitors but this has been offset by the increase in depreciation which has hit profits.

Good Job Attractions is a factory zone based around four industries. Guests can create and customise items such as cars, food, clothes and stationery.

Jewellumination, the park’s spectacular light-up event, drew record crowds of 40,000 on Christmas Day.

Yomiuri Land is one of the region’s biggest theme parks and attracts visitors of all ages. It offers 43 attractions including a water park and the Bandit roller coaster.

http://asia.nikkei.com/Markets/Tokyo-Market/Yomiuri-Land-profit-likely-sagged-40-on-depreciation

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Charles Read

Charles is Managing Director at Blooloop. He attends numerous trade shows around the world and frequently speaks about trends and social media for the attractions industry at conferences. Outside of Blooloop his passions are diving, trees and cricket.

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