Oriental Land May Post Record Operating Profit, Nikkei Reports

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.