Record Profits Following Tokyo Disney's 40th Birthday

TOKYO, Apr 29 (News On Japan) - Oriental Land Co., operator of Tokyo Disney Resort, announced that it achieved record revenue and net profits for the fiscal year 2023. The company reported a revenue of 618.4 billion yen ($3.9 billion) and a net profit of 120.2 billion yen ($755 million), both the highest in its history.

The surge in profits was attributed to the success of events marking the 40th anniversary of the resort's opening. Additionally, the recovery in the number of foreign tourists contributed significantly to an increase in visitor numbers, further boosting the company's financial performance.

Source: ANN

Japan to Allow Overseas Sales of Lethal Weapons

The Japanese government on April 21 revised the Three Principles on Transfer of Defense Equipment and related guidelines, in principle allowing the export of weapons with lethal capabilities. The move marks a major turning point in Japan's postwar security policy.

Earthquake Strikes During Rescue Operation

Footage released by the Nagano Prefectural Police mountain rescue unit captured the moment an earthquake struck during an operation to save two climbers who had fallen on a steep slope of Mount Shirouma in the Northern Alps.

Japan Gov't Warns of Possible Megaquake

Japan's weather agency and the Cabinet Office issued a 'Hokkaido-Sanriku Offshore Subsequent Earthquake Advisory' after an earthquake measuring upper 5 on Japan's seismic intensity scale struck off Sanriku.

New Shinkansen Reservation Service Lets Users Book in One Minute

JR East has launched a preview version of its new online Shinkansen booking platform, JRE GO, promising reservations in as little as one minute and easier handling of sudden schedule changes.

Bear Found in Bushes in Central Sendai Finally Culled

A bear that had remained in a residential area in central Sendai since early Sunday morning was euthanized last night in an emergency cull. No injuries were reported.

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MORE Business NEWS

China's Rare Earth Exports to Japan Fall

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What You Can Do to Avoid Legal Problems in Business

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Theme Parks Bet on 25th Anniversary Year

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Japan Painting Association Warns of Shortages

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Japan Long-Term Interest Rates Hit 29-Year High

Crude oil futures surged sharply as concerns over supply disruptions intensified amid renewed uncertainty surrounding the situation in Iran, pushing prices above $105 per barrel on April 12th and driving Japan long-term interest rates—represented by the benchmark 10-year government bond yield—to their highest levels in nearly three decades.

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