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Oriental Land May Post 2% Profit Gain to Record $436 Million, Nikkei Says

Oriental Land Co., which operates Tokyo Disney Resort, may report that operating profit rose by 2 percent to a record 41 billion yen ($436 million) for the fiscal year ended March 31, Nikkei English News reported.

Sales probably fell by 5 percent to 370 billion yen in the same period, the Nikkei said, without citing anyone.

Oriental Land released a statement today saying it wasn’t the source of the report.

The company earlier forecast operating profit would fall by 15 percent to 34.1 billion yen.

To contact the reporter on this story: Aki Ito in Tokyo at aito16@bloomberg.net.

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