FACT BOOK For the year Ended March 31, 2010 Contents

Transcription

1 FACT BOOK For the year Ended March 31, 21 Contents /3 2. Financial Results and Key Indicators (Consolidated) 1 Interest-Bearing Debt 3 Segment Information 5 3. Notes: 1. Oriental Land s fiscal year ends on March 31. For the purposes of this report, for example, 1/3 is used to indicate data for the period beginning April 1, 29, and ended March 31, 21, or as of March 31, The financial figures in this report are based on Japanese Accounting Standards and accompanying laws, and may vary from those presented in the annual report. 3. Figures pertaining to information on Tokyo Disney Resort have been rounded. Financial figures have been truncated. Principal Facility Data Classified by Segment 7 Theme Park Data 9 Consolidated Financial Statements 13 Nonconsolidated Financial Statements 17 Market Data 21 Stock Information 22 Printed in Japan

2 (For the Years Ended March 31/As of March 31), %Millions of Yen, %, %Millions of Yen, % Free Cash Flow, Capital Expenditures Capital Expenditures Free Cash Flow Millions of Yen 2, 15, 1, 52,73 5, 19,418 2, /3 1/3 2/3 3/3 4/3 5/3 6/3 7/3 8/3 9/3 1/3 Return on Equity /3 1/3 2/3 3/3 4/3 5/3 6/3 7/3 8/3 9/3 1/3 Net Sales 174,184 2, ,81 331, , ,94 332, ,82 342, , ,414 Gross Profit 4,531 4,154 53,32 67,94 69,35 66,15 63,24 67,226 64,547 13,91 98,884 Operating Income 25,445 22,13 33,661 38,28 38,765 34,561 3,64 34,11 31,144 4,96 41,924 Ordinary Income 18,762 12,39 23,786 33,98 34,372 3,836 26,686 3,187 27,51 38,824 4,758 Net Income 9,911 4,74 12,726 18,931 18,53 17,224 15,73 16,39 14,73 18,89 25,427 Operating Margin 14.6% 11.1% 12.% 11.5% 11.5% 1.4% 9.2% 9.9% 9.1% 1.3% 11.3% Return on Sales Net Income per Share (Yen) /3 1/3 2/3 3/3 4/3 5/3 6/3 7/3 8/3 9/3 1/3 EBITDA EBITDA 37,916 4,551 71,615 85,964 84,746 79,116 73,978 77,61 74,767 89,829 88,618 Capital Expenditures 13, ,225 19,787 14,848 29,276 46,855 43,129 54,86 52,691 4,139 19,418 Depreciation and Amortization 12,47 18,421 37,953 47,935 45,981 44,554 43,373 42,95 43,623 49,733 46,694 Free Cash Flow (18,11) (159,64) (59,17) 52,19 35,235 14,923 15,948 4,452 5,662 27,682 52,73 Return on Equity 3.1% 1.5% 3.8% 5.5% 5.1% 4.5% 4.1% 4.3% 3.8% 4.7% 6.9% Return on Assets Net Sales, Operating Income Net Sales (left) Operating Income (right) Millions of Yen 5, 4, 3, 2, 1, Yen /3 1/3 2/3 3/3 4/3 5/3 6/3 7/3 8/3 9/3 1/3 1 Net Income per Share Financial Results and Key Indicators (Consolidated) Millions of Yen 371,414 41, , 8, 6, 4, 2, 6 Financial Results and Key Indicators (Consolidated) 6.9% Financial Results and Key Indicators (Consolidated) /3 1/3 2/3 3/3 4/3 5/3 6/3 7/3 8/3 9/3 1/3 /3 1/3 2/3 3/3 4/3 5/3 6/3 7/3 8/3 9/3 1/3 1. EBITDA 2. Notes: 1. EBITDA = Operating Income + Depreciation and Amortization 2. Free Cash Flow = Net Income + Depreciation and Amortization Capital Expenditures Oriental Land Fact Book 21 Oriental Land Fact Book 21

3 Interest-Bearing Debt Interest-Bearing Debt (For the Years Ended March 31/As of March 31) Bond Ratings Key Indicators (Consolidated) Rating Agency Rating, %, Millions of Yen, %, Times JCR Japan Credit Rating Agency (JCR) AA 5/3 6/3 7/3 8/3 9/3 1/3 R&I Rating and Investment Information (R&I) AA Total Assets 66, , , , , ,9 Shareholders Equity 389,66 375, , ,36 373, ,454 Note: The bond ratings for Oriental Land Co., Ltd. provided by the above rating agencies are based on our request. Shareholders Equity Ratio 59.% 52.3% 55.% 51.2% 57.9% 59.6% Any bond ratings for Oriental Land Co., Ltd. provided by other rating agencies are unsolicited ratings. Current Ratio Bond Issues Noncurrent Assets/Shareholders Equity Interest-Bearing Debt 22, , , , ,19 173,288 Amount of Issue Coupon Rate (Annual) Date of Issue Redemption Date Debt-to-Equity Ratio % Note: Due to changes in the Japanese accounting standards, shareholders equity and shareholders equity ratio for fiscal years ended March 27 and after are calculated according to the Seventh issue of unsecured bonds 3 billion Mar. 23, 26 On or before Mar. 23, 216 revised standards % Eighth issue of unsecured bonds 2 billion Mar. 23, 26 On or before Mar. 23, % Total Assets, Shareholders Equity, Current Ratio, Ninth issue of unsecured bonds 2 billion Jan. 31, 28 On or before Jan. 31, 218 Shareholders Equity Ratio Noncurrent Assets/Shareholders Equity % Tenth issue of unsecured bonds 1 billion Jan. 31, 28 On or before Jan. 3, 215 Total Assets (left) Noncurrent Assets/Shareholders Equity Shareholders Equity (left) Current Ratio 8 Shareholders Equity Ratio (right) Total 8 billion Millions of Yen 1 1 1, Notes: 1. The first issue of unsecured bonds ( 1 billion) was redeemed on April 15, The second issue of unsecured bonds ( 3 billion) was redeemed on June 1, 26. 8, The third issue of unsecured bonds ( 2 billion) was redeemed on June 1, The fourth issue of unsecured bonds ( 3 billion) was redeemed on April 11, The fifth issue of unsecured bonds ( 1 billion) was redeemed on April 11, The sixth issue of unsecured bonds ( 2 billion) was redeemed on May 7, , Payment method: full redemption at maturity 6, % 59.6% ,454 Loans and Payables 4, 5, %Millions of Yen, % % Amount Average Interest Rate Date for Repayment , 25 34,5.48% Current portion of long-term loans payable Due June 14, 21 through Mar. 31, , Long-term loans payable (excluding current portion) Due May 12, 211 through Mar. 29, 23 5/3 6/3 7/3 8/3 9/3 1/3 Other interest-bearing debt 5/3 6/3 7/3 8/3 9/3 1/3 1 Current portion of long-term installment payable for buildings 1, , Long-term installment payable for buildings Mar. 17, 219 Interest-Bearing Debt Debt-to-Equity Ratio Current portion of long-term accounts payables Millions of Yen Times , 1. Long-term accounts payables Jan. 4, ,299 Total 24,.8 Note: Average interest rate = Weighted average interest rate based on amount as of March 31, 21 18, 173,288.6 Repayment Schedule for Interest-Bearing Debt.47 Millions of Yen 11/3 12/3 13/3 14/3 15/3 16/3 12,.4 Bonds payable 2, 1, 3, Long-term loans payable 34,5 3,298 15, ,.2 Other interest-bearing debt 1,33 1,33 1,33 1,33 1,33 1,33 5/3 6/3 7/3 8/3 9/3 1/3 5/3 6/3 7/3 8/3 9/3 1/3 Interest-Bearing Debt Oriental Land Fact Book 21 Oriental Land Fact Book 21

4 (For the Years Ended March 31/As of March 31) A. Breakdown of Net Sales by Segment 7/3 8/3 9/3 1/3 Millions of Yen Theme Park Segment: 274, ,853 32, ,32 ( 77.3%) Attractions and Shows 127, ,62 135,74 128,848 Merchandise 93,278 91,355 17,11 1,35 Food and Beverages 52,26 52,11 57,951 55,799 Others 1,43 1,785 2,374 2,321 Hotel Business Segment: 33,712 33,181 45,917 45,23 ( 12.2%) Tokyo Disneyland Hotel 12,132 14,313 Tokyo DisneySea Hotel MiraCosta 15,61 15,62 15,683 15,158 Disney Ambassador Hotel 13,785 13,922 13,725 11,91 Palm & Fountain Terrace Hotel 4,316 4,196 4,375 3,847 Retail Business Segment 17,858 16,93 16,225 14,76 ( 4.%) Other Business Segment: 18,43 19,482 24,687 24,12 ( 6.5%) Ikspiari 9,391 9,357 9,295 8,91 Theatrical 4,689 6,161 Monorail 2,784 3,25 3,457 3,474 Employee Cafeterias 2,332 2,331 2,48 2,33 Others 3,535 4,768 4,764 3,225 Total 344,82 342, , ,414 (1.%) B. Operating Income by Segment Segment Information 7/3 8/3 9/3 1/3 Theme Park Segment 29,86 26,367 34,545 33,235 Hotel Business Segment 6,584 5,956 6,224 8,43 Retail Business Segment (1,19) (31) 4 2 Other Business Segment (711) (684) (88) (86) Elimination and Corporate 17 (193) Total 34,11 31,144 4,96 41,924 C. Depreciation and Amortization by Segment 7/3 8/3 9/3 1/3 Theme Park Segment 35,844 37,63 39,639 36,252 Hotel Business Segment 3,225 3,26 5,817 6,29 Retail Business Segment Other Business Segment 3,462 3,215 4,132 4,243 Elimination and Corporate (99) (96) (149) (123) Total 42,95 43,623 49,733 46,694 D. Capital Expenditures by Segment 7/3 8/3 9/3 1/3 Theme Park Segment 4,752 3,614 2,44 17,645 Hotel Business Segment 9,944 15,255 11, Retail Business Segment Other Business Segment 3,772 6,479 7,649 1,169 Elimination and Corporate (1) (53) (149) (2) Total 54,86 52,691 4,139 19,418 Millions of Yen Millions of Yen Millions of Yen A (For the Year Ended March 31, 21) Share of Net Sales by Segment A-2 Net Sales by Segment Theme Parks Hotel Business Millions of Yen 4, 3, 2, 1, C 344,82 274,467 33,712 17,858 18,43 7/3 342, ,853 33,181 16,93 19,482 8/3 77.3% 12.2% 6.5% 389,242 32,412 45,917 16,225 24,687 9/3 Theme Park Segment Hotel Business Segment Other Business Segment Retail Business Other Businesses 371, ,32 45,23 14,76 24,12 1/3 Tokyo Disneyland 29 3 The segmentation has been changed effective from the fiscal year ended March 29. Tokyo Disneyland Hotel Disney Ambassador Hotel Ikspiari Disney Resort Line Tokyo DisneySea Tokyo DisneySea Hotel MiraCosta Palm & Fountain Terrace Hotel 3,714 Net Sales 371 billion % Retail Business The Disney Store Segment Depreciation and Amortization by Segment Theme Parks Hotel Business Retail Business Millions of Yen 6, 4, 2, 42,95 35,844 43,623 37,63 49,733 39,639 3, , ,817 3,462 3,215 4,132 (99) (96) (149) 7/3 8/3 9/3 293 Other Businesses Elimination and Corporate 46,694 36,252 6,29 4,243 (123) 1/3 292 B 5, 4, 3, 2, 1, Note: Oriental Land Co., Ltd. transferred the retail business segment to The Walt Disney Company (Japan) Ltd. on March 31, 21. Cirque du Soleil Theatre Tokyo Operating Income by Segment Theme Parks Hotel Business Retail Business Millions of Yen D 6, 4, 2, 34,11 29,86 31,144 26,367 4,96 34,545 Segment Information Other Businesses Elimination and Corporate 41,924 33,235 8,43 6,584 5,956 6, (31) (711) (1,19) (193) (684) (88) (86) 7/3 8/3 9/3 1/3 Capital Expenditures by Segment Theme Parks Hotel Business Retail Business Millions of Yen 54,86 4,752 52,691 3,614 4,139 2,44 Other Businesses Elimination and Corporate 19,418 15,255 11,397 9, , ,772 6,479 7,649 1,169 (1) (53) (149) (2) 7/3 8/3 9/3 1/3 335 Segment Information Oriental Land Fact Book 21 Oriental Land Fact Book 21

5 (As of March 31, 21) , , 2, , * 8 * , * 9 * , * 7 * 4 * * * , Principal Facility Data Classified by Segment Theme Park Segment Tokyo Disneyland Opening date April 15, 1983 Area (Theme Park) 51, Tokyo DisneySea Opening date September 4, 21 Area (Theme Park) 49, Theme Park Parking Space Parking spaces for Tokyo Disneyland and Tokyo DisneySea (Including overflow parking spaces) Hotel Business Segment Tokyo Disneyland Hotel Approx. 2, cars Opening date July 8, 28 Structure 9 floors above ground Total floor space Approx. 89, Guest rooms 75 Banquet facilities 4 Restaurants 3 Occupancy rate* Approx. 85% Average charge per room* Approx. 55, Tokyo DisneySea Hotel MiraCosta Opening date September 4, 21 Structure 5 floors above ground (1st floor shared with Tokyo DisneySea) Total floor space Approx. 46, Guest rooms 52 Banquet facilities 5 Restaurants 4 Occupancy rate* Approx. 9% Average charge per room* Approx. 5, Disney Ambassador Hotel Opening date July 7, 2 Structure 6 floors above ground and 1 below Total floor space Approx. 47, Guest rooms 54 Banquet facilities 7 Restaurants 5 Occupancy rate* Approx. 7% Average charge per room* Approx. 45, Palm & Fountain Terrace Hotel Opening date February 25, 25 Location Urayasu City (Approx. 15 minutes by shuttle bus from Tokyo Disney Resort) Both Palm Terrace Hotel and Fountain Terrace Hotel Structure 5 floors above ground Total floor space Approx. 34, (Both buildings combined) Guest rooms 72 (Both buildings combined) Occupancy rate* Approx. 75% Average charge per room* Approx. 2, *For the fiscal year ended March 31, 21 Aerial View of Tokyo Disney Resort Tokyo Disneyland Hotel Tokyo Disney Resort Official Hotels Theme Park Parking Space JR JR Maihama Station , 117, 1, , , 2,17 ZED Ikspiari Tokyo Disneyland Park , Principal Facility Data Classified by Segment Disney Ambassador Hotel Cirque du Soleil Theatre Tokyo Tokyo DisneySea Hotel MiraCosta Tokyo DisneySea Park Tokyo Bay Disney Resort Line Other Business Segment Ikspiari Opening date July 7, 2 Structure 4 floors above ground and 1 below Area Approx. 12, (Including Disney Ambassador Hotel) Total floor space Approx. 117, Number of parking spaces 1,8 cars (Including Disney Ambassador Hotel) Facilities Shops 1 (Directly managed 5) Restaurants 31 (Directly managed 11) Service facilities 1 (Directly managed ) Cinema Complex 16 screens, approx. 3,5 seats Cirque du Soleil Theatre Tokyo Opening date October 1, 28 Total floor space Approx. 14, Number of seats 2,17 Show ZED Disney Resort Line Opening date July 27, 21 Time required to make full loop Approx. 13 minutes (4 stations) Capacity 537 guests (6 cars) Transport capacity Approx. 1, guests per hour Principal Facility Data Classified by Segment Oriental Land Fact Book 21 Oriental Land Fact Book 21

6 (For the Years Ended March 31/As of March 31) Theme Park Data Annual Attendance and New Attractions/Shows Theme Park Data 1/3 2/3 2 Data for the years up to and including the year ended March 31, 21, are for Tokyo Disneyland. Data from the year ended March 31, 22, are for Tokyo Disneyland and Tokyo DisneySea. The date of notes indicates opening day. At Tokyo Disneyland Attractions/Shows At Tokyo DisneySea Attractions/Shows Thousands 25, 3/9 Tokyo Disneyland Electrical Parade (Mar. 9) 7/4 Big Thunder Mountain (July 4) 7/12 Star Tours (July 12) 1/1 Splash Mountain (Oct. 1) 7/21 Disney s FANTILLUSION! (July 21) 4/15 Toontown (Apr. 15) 4/15 MicroAdventure! (Apr. 15) 9/1 Pooh s Hunny Hunt (Sept. 1) 4/15 Buzz Lightyear s Astro Blasters (Apr. 15) 7/17 BraviSEAmo! (July 17) 6/1 Tokyo Disneyland Electrical Parade Dreamlights (June 1) 22,47 (+27.4%) 24,82 (+12.6%) 25,473 (+2.6%) 7/21 Raging Spirits (July 21) 25,21 ( 1.8%) 24,766 ( 1.%) 9/4 Tower of Terror (Sept. 4) 25,816 (+4.2%) &!4/15 Monsters, Inc. Ride & Go Seek! (Apr. 15) 1/1 Turtle Talk (Oct. 1) 25,424 ( 1.5%) 27,221 (+7.1%) 25,818 ( 5.2%) Theme Park Data 2nd Half 1st Half 2, 15, 1, 5, 9,933 1,13 (+.8%) 4,26 4,112 1,675 (+6.6%) 1,665 (.1%) 4,228 4,311 11,975 (+12.3%) 5,255 13,382 (+11.8%) 6,15 14,752 (+1.2%) 5,727 5,91 6,447 6,354 6,72 7,367 7,839 8,579 8,658 8,244 8,656 6,913 15,876 (+7.6%) 16,139 (+1.7%) 15,815 ( 2.%) 16,3 (+1.4%) 7,297 7,481 7,571 7,373 15,59 ( 3.2%) 7,813 7,696 16,986 (+9.5%) 17,368 (+2.2%) 8,121 8,547 16,686 ( 3.9%) 8,261 17,459 (+4.6%) 16,57 ( 5.5%) 8,927 8,271 9,321 8,865 8,82 8,425 8,532 8,236 7,979 12,748 9,299 12,865 13,166 12,992 13,14 13,772 13,254 11,955 12,37 12,29 11,662 12,44 12,17 14,173 13,517 13,48 12,31 84/3 85/3 86/3 87/3 88/3 89/3 9/3 91/3 92/3 93/3 94/3 95/3 96/3 97/3 98/3 99/3 /3 1/3 2/3 3/3 4/3 5/3 6/3 7/3 8/3 9/3 1/3 17,3 (+4.8%) Tokyo Disneyland (Opened Apr. 15, 1983) 12/1 5 Opening of Maihama Station (Dec. 1) Tokyo Disneyland 5th Anniversary 1 Tokyo Disneyland 1th Anniversary 15 Tokyo Disneyland 15th Anniversary Tokyo DisneySea (Opened Sept. 4, 21) 2 Tokyo Disneyland 2th Anniversary 5 Tokyo DisneySea 5th Anniversary 25 Tokyo Disney Resort 25th Anniversary Total Number of Facilities Figures Represent Tokyo Disneyland/Tokyo DisneySea Attractions Shops Restaurants and Refreshments 84/3 85/3 86/3 87/3 88/3 89/3 9/3 91/3 92/3 93/3 94/3 95/3 96/3 97/3 98/3 99/3 /3 1/3 2/3 3/3 4/3 5/3 6/3 7/3 8/3 9/3 1/3 32/ 32/ 33/ 34/ 35/ 35/ 36/ 36/ 36/ 37/ 39/ 39/ 39/ 48/ 48/ 46/ 46/ 47/ 47/23 42/23 42/23 43/23 43/25 42/26 41/26 41/26 39/27 39/ 42/ 43/ 45/ 46/ 46/ 49/ 49/ 5/ 51/ 55/ 57/ 59/ 63/ 63/ 61/ 6/ 61/ 59/32 59/34 59/36 59/37 57/37 57/39 54/41 54/39 53/39 29/ 3/ 3/ 3/ 31/ 31/ 32/ 32/ 33/ 37/ 37/ 37/ 4/ 49/ 54/ 53/ 53/ 53/ 53/33 53/34 53/36 54/36 55/38 55/39 55/39 55/39 54/39 Ticket Prices *Price Revision Dates: YY/M/D 1 1 Day Passport Adult 84/3 85/3 86/3 87/3 88/3 89/3 9/3 91/3 92/3 93/3 94/3 95/3 96/3 97/3 98/3 99/3 /3 1/3 2/3 3/3 4/3 5/3 6/3 7/3 8/3 9/3 1/3 3,9 4,2 4,2 4,2 4,2 4,2 4,4 4,4 4,4 4,8 4,8 4,8 4,8 5,1 5,2 5,2 5,2 5,5 5,5 5,5 5,5 5,5 5,5 5,8 5,8 5,8 5,8 85/3/1* 89/7/2* 92/11/1* 96/4/1* 97/4/1* /9/1* 6/9/1* Yen Average Length of Visit Average Length of Visit 84/3 85/3 86/3 87/3 88/3 89/3 9/3 91/3 92/3 93/3 94/3 95/3 96/3 97/3 98/3 99/3 /3 1/3 2/3 3/3 4/3 5/3 6/3 7/3 8/3 9/3 1/ Hours Oriental Land Fact Book 21 Oriental Land Fact Book 21 1

7 Yen 1, 8, 6, 4, 2, 1 1 Net Sales per Guest 9,178 9,22 9,39 9,37 4,42 3,122 2,14 4,38 3,144 2,39 4,151 3,144 2,14 Ticket Receipts Merchandise Food and Beverages 5/3 6/3 7/3 8/3 9/3 1/3 Breakdown of Guests by Gender 4,226 3,96 2,48 9,719 9,743 4,222 3,37 2,128 Male Female 4,26 3,377 2,16 Theme Park Data 4 Over 4 Breakdown of Guests by Age to to 17 4 to /3 6/3 7/3 8/3 9/3 1/3 Breakdown of Guests by Region Kanto Tohoku Chubu/Koshinetsu Others (Japan) Kinki Overseas Theme Park Data /3 6/3 7/3 8/3 9/3 1/ /3 6/3 7/3 8/3 9/3 1/3 1 Net Sales per Guest Yen 5/3 6/3 7/3 8/3 9/3 1/3 Ticket Receipts 4,42 4,38 4,151 4,226 4,222 4,26 Merchandise 3,122 3,144 3,144 3,96 3,37 3,377 Food and Beverages 2,14 2,39 2,14 2,48 2,128 2,16 Total Net Sales per Guest 9,178 9,22 9,39 9,37 9,719 9,743 Breakdown of Guests by Gender 5/3 6/3 7/3 8/3 9/3 1/3 Male 25.% 25.3% 27.4% 25.9% 28.4% 28.9% Female Breakdown of Guests by Gender, Breakdown of Guests by Age and Breakdown of Guests by Region are based on a periodic sampling of Tokyo Disneyland and Tokyo DisneySea guests. Breakdown of Guests by Age 5/3 6/3 7/3 8/3 9/3 1/3 Over % 67.6% 68.2% 68.8% 7.1% 7.8% 4 Over to to to Breakdown of Guests by Region 5/3 6/3 7/3 8/3 9/3 1/3 Kanto 68.6% 68.9% 67.7% 67.1% 66.3% 67.5% Chubu/Koshinetsu Kinki Tohoku Others (Japan) Overseas Oriental Land Fact Book 21 Oriental Land Fact Book 21 12

8 (For the Years Ended March 31/As of March 31) Consolidated Balance Sheets Consolidated Financial Statements Millions of Yen 5/3 6/3 7/3 8/3 9/3 1/3 ASSETS Current assets Cash and deposits 47,678 47,833 25,393 52,43 15,42 34,233 Notes and accounts receivable - trade 11,455 12,356 12,21 13,362 15,697 16,942 Short-term investment securities 1,48 4,788 44,472 92,21 35,519 17, Inventories 8,99 9,36 8,965 1,563 Merchandise and finished goods 6,36 7,378 Work in process Raw materials and supplies 3,745 3,719 Deferred tax assets 4,84 4,91 6,314 5,795 6,678 6,914 Other 7,531 2,145 6,369 6,219 4,24 2,289 Allowance for doubtful accounts (1) () () () (2) (3) Total current assets 89, ,61 13,725 18,554 88,199 88,616 Noncurrent assets Property, plant and equipment Buildings and structures 323,44 325, , , , ,848 Machinery, equipment and vehicles 72,442 62,878 62,693 53,1 48,397 45,324 Land 91,974 94,384 93,31 93,31 93,31 93,31 Construction in progress 12,1 18,872 26,823 47,26 12,65 5,429 Other 2,763 17,615 15,743 14,529 14,42 1,966 Total property, plant and equipment 52, , , , ,39 487,87 Intangible assets Goodwill 19 Consolidated adjustments (goodwill) 2,222 2,91 Goodwill 2,13 1,83 Other 9,392 1,89 11,634 11,712 11,212 9,22 Total intangible assets 11,615 13,172 13,738 13,542 11,212 9,22 Investments and other assets Investment securities 23,394 38,976 44,164 19,397 14,788 16,632 Long-term loans receivable ,569 Deferred tax assets ,694 3,115 2,452 Other 14,158 12,424 11,824 8,972 11,716 8,833 Allowance for doubtful accounts (181) (183) (19) (15) (86) (87) Total investments and other assets 38,258 51,677 56,92 31,966 29,54 29,4 Total noncurrent assets 57, , ,47 576, , ,473 Deferred assets Initial cost of business 11 Discount on bonds 1 18 Total deferred assets Total assets 66, , , , , ,9 Consolidated Financial Statements Millions of Yen 5/3 6/3 7/3 8/3 9/3 1/3 LIABILITIES Current liabilities Notes and accounts payable - trade 14,585 14,715 15,367 15,377 16,358 14,59 1 Current portion of bonds 1, 3, 1, 19,999 19,998 1 Current portion of long-term loans payable 5,2 2,8 34,5 Income taxes payable 7,28 7,84 1,51 6,164 11,22 8,273 Other 38,666 45,33 48,1 48,365 42,828 45,877 Total current liabilities 75,732 96,833 73,52 169,97 111,27 122,258 Noncurrent liabilities Bonds payable 15, 17, 169,984 99,982 79,986 59,991 Long-term loans payable 19, 5, 5, 8, 59,2 47,519 Deferred tax liabilities 2, Provision for retirement benefits 2,52 2,37 2,396 2,52 2,87 3,422 Retirement allowances for directors 557 Other 23,168 2,952 18,219 16,968 18,54 15,425 Total noncurrent liabilities 194, ,86 241, ,453 16, ,358 Total liabilities 27,51 342, , , , ,617 MINORITY INTERESTS Minority interests SHAREHOLDERS EQUITY Capital stock 63,21 63,21 Capital surplus 111,43 111,43 Retained earnings 21, ,439 Valuation difference on available-for-sale securities 4,288 9,52 Treasury stock (11) (3,263) Total shareholders equity 389,66 375,832 Total liabilities, minority interests and shareholders equity 66, ,865 NET ASSETS Shareholders equity Total shareholders equity 378,27 387, , ,43 Valuation and translation adjustments Capital stock 63,21 63,21 63,21 63,21 Capital surplus 111,43 111,43 111,43 111,43 Retained earnings 233, ,73 225, ,92 Treasury stock (3,265) (15) (24,463) (26,94) Valuation difference on available-for-sale securities 6,348 1,59 (1,43) (52) Deferred gains (losses) on hedges 24 (315) (37) (473) Total valuation and translation adjustments 6, (1,711) (975) Minority interests Total net assets 385, 388,18 373,66 366,473 Consolidated Financial Statements 13 Oriental Land Fact Book 21 Oriental Land Fact Book 21 14

9 Consolidated Statements of Income Millions of Yen 5/3 6/3 7/3 8/3 9/3 1/3 Net sales 331,94 332, ,82 342, , ,414 Cost of sales 264, ,68 276, , ,15 272,53 Gross profit 66,15 63,24 67,226 64,547 13,91 98,884 Selling, general and administrative expenses 31,543 32,6 33,116 33,43 62,995 56,96 Operating income 34,561 3,64 34,11 31,144 4,96 41,924 Non-operating income Interest income Dividends income Equity in earnings of affiliates Insurance received and insurance dividends Foreign exchange gains 462 Gain on leveraged-lease investments 1,429 Other Total non-operating income 3,14 1,341 1,441 2,153 2,188 1,532 Non-operating expenses Interest expenses 3,819 3,784 4,31 4,736 2,88 2,21 Equity in losses of affiliates Retirement benefit expenses Other 2, , Total non-operating expenses 6,74 5,259 5,364 5,787 3,46 2,697 Ordinary income 3,836 26,686 3,187 27,51 38,824 4,758 Extraordinary income Gain on sales of noncurrent assets 181 Gain on sales of investment securities Total extraordinary income Extraordinary loss Loss on retirement of noncurrent assets Loss on sales of investment securities 59 Loss on sales of stocks of subsidiaries and affiliates 2,134 Loss on valuation of investment securities Retirement benefit expenses 153 Loss on business reorganization 735 Impairment loss 1, Bad debts written off 431 Loss on liquidation of business 76 Amortization of goodwill 1,778 Other 23 Total extraordinary losses ,55 2,57 4,137 2,978 Income before income taxes and minority interests 3,447 26,447 28,863 25,474 34,84 37,779 Income taxes - current 12,99 1,822 14,284 1,491 15,341 12,436 Income taxes - deferred 312 (85) (1,738) 247 1,537 (83) Minority interests in income (loss) (126) () Net income 17,224 15,73 16,39 14,73 18,89 25,427 Segment Information Hotel Business Retail Business Other Businesses Millions of Yen Elimination and Corporate Theme Parks Total Consolidated Net Sales Sales to external customers 287,32 45,23 14,76 24,12 371, ,414 Intersegment sales or transfers 4, ,4 12,289 (12,289) Total 291,987 45,853 15,719 3, ,74 (12,289) 371,414 Operating expenses 258,752 37,449 15,699 3, ,13 (12,639) 329,49 Operating income (loss) 33,235 8,43 2 (86) 41, ,924 Total assets 42,897 9,743 69, ,838 52, ,9 Depreciation and amortization 36,252 6, ,243 46,818 (123) 46,694 Impairment loss Capital expenditures 17, ,169 19,421 (2) 19,418 Breakdown of Selling, General and Administrative Expenses Millions of Yen 5/3 6/3 7/3 8/3 9/3 1/3 Personnel expenses 11,75 12,135 13,186 12,817 22,338 2,753 Administrative expenses 17,572 18,564 18,277 18,923 33,178 28,78 Depreciation and amortization 2,265 1,899 1,651 1,662 7,478 7,498 Total 31,543 32,6 33,116 33,43 62,995 56,96 Consolidated Financial Statements Consolidated Statements of Cash Flows Millions of Yen 5/3 6/3 7/3 8/3 9/3 1/3 Cash flows from operating activities: Amortization of consolidated adjustments (goodwill) Amortization of goodwill ,98 Increase (decrease) in provision 113 (33) Interest and dividends income (241) (23) (49) (1,21) (52) (33) Interest expenses 3,819 3,784 4,31 4,736 2,88 2,21 Foreign exchange losses (gains) 15 (13) (2) (5) () (25) Loss (gain) on sales of investment securities (578) (21) (93) Loss (gain) on sales of stocks of subsidiaries and affiliates 2,134 Loss (gain) on valuation of investment securities Gain on sales of noncurrent assets (181) Loss on disposal of noncurrent assets 565 Equity in (earnings) losses of affiliates 429 (79) 1 (33) (35) (52) Decrease (increase) in notes and accounts receivable - trade (1,16) (1,256) (857) (463) (2,64) (72) Decrease (increase) in inventories (1,491) (937) 71 (1,597) (117) (1,56) Increase (decrease) in notes and accounts payable - trade 1,272 (94) 1, (922) (1,767) Increase (decrease) in accrued consumption taxes (1,38) (152) 343 1,577 Other, net 95 2,876 4,241 2,176 4,533 2,79 Sub-total 77,849 74,175 82,79 75,187 91,747 89,471 Interest and dividends income received Interest expenses paid (3,879) (3,898) (4,359) (4,617) (4,75) (2,344) Income taxes paid (14,36) (11,331) (11,664) (13,649) (1,284) (15,377) Net cash provided by (used in) operating activities 59,915 59,169 66,53 57,718 78,122 72,94 Cash flows from investing activities: Payments into time deposits (1,) (11,) (19,) Proceeds from withdrawal of time deposits 8, 4, 15, Purchase of short-term investment securities (6,349) (2,695) (34,869) (72,926) Proceeds from sales of investment securities 4, Proceeds from redemption of securities 25,485 8,549 3,19 61,471 41, Purchase of property, plant and equipment (45,946) (33,571) (5,842) (49,84) (4,924) (17,55) Proceeds from sales of property, plant and equipment 18 1, Purchase of investment securities (3,385) (1,614) (1,488) (1,157) (1,25) (32) Proceeds from cancellation of investment securities 499 Proceeds from sales of investment securities , Proceeds from redemption of investment securities 6,67 3,32 3, Proceeds from sales of stocks of subsidiaries and affiliates 1 Payments for sales of investments in subsidiaries resulting in change in scope of consolidation (1,267) Payments of loans receivable (1) (2) (32) () () () Collection of loans receivable Acquisition of deferred assets (331) (5) Acquisition of certified deposit (5,) (7,) Repayment of certified deposit 9, Payment for purchase of business (835) Other, net (1,63) (4,966) (4,683) (3,151) 1,392 (839) Net cash provided by (used in) investing activities (21,11) (63,587) (67,919) (59,575) 5,751 (22,726) Cash flows from financing activities: Increase in short-term loans payable 24,5 1, Decrease in short-term loans payable (24,5) (1,) Proceeds from long-term loans payable 16, 31, 3, 12,37 Repayment of long-term loans payable (21,5) (5,2) (1,8) Proceeds from issuance of bonds 19,998 49,85 29,873 Redemption of bonds (2,) (1,) (3,) (1,) (2,) Cash dividends paid (2,987) (3,887) (4,732) (5,694) (5,596) (7,258) Purchase of treasury stock (3,251) (2) (1) (24,448) (26,75) Other, net (1,34) (1,36) (1,33) (1,33) (815) (1,317) Net cash provided by (used in) financing activities (9,83) 3,158 (36,38) 52,874 (13,859) (53,81) Effect of exchange rate changes on cash and cash equivalents (16) Net increase (decrease) in cash and cash equivalents 28,957 25,751 (37,45) 51,23 (46,982) (3,686) Cash and cash equivalents at beginning of period 29,619 58,577 84,328 46,878 97,91 5,919 Income before income taxes and minority interests 3,447 26,447 28,863 25,474 34,84 37,779 Depreciation and amortization 44,554 43,373 42,95 43,623 49,733 46,694 Impairment loss 1, Consolidated Financial Statements 15 Oriental Land Fact Book 21 Oriental Land Fact Book 21 16

10 (For the Years Ended March 31/As of March 31) Nonconsolidated Balance Sheets ASSETS Current assets Millions of Yen 5/3 6/3 7/3 8/3 9/3 1/3 Cash and deposits 46,181 46,351 23,649 5,812 13,822 32,99 Accounts receivable - trade 8,426 9,71 1,23 11,275 13,358 14,65 Short-term investment securities 1,48 4,788 44,472 92,195 35,519 17, Merchandise 3,14 3,359 2,991 4,47 Raw materials Merchandise and finished goods 4,21 4,512 Supplies 2,62 2,97 2,215 2,433 Raw materials and supplies 3,51 3,9 Prepaid expenses 1, Deferred tax assets 4,241 4,272 5,353 5,32 5,986 6,99 Short-term loans receivable 15, Other 5,295 3,553 3,637 4,844 1,959 1,79 Total current assets 81, ,29 94,4 171,628 78,57 8,182 Noncurrent assets Property, plant and equipment Buildings 25,493 28, ,477 21,99 235, ,616 Structures 81,957 81,932 79,542 79,341 79,833 74,942 Machinery and equipment 62,113 54,88 53,375 45,162 4,336 38,52 Vessels 1,851 1,246 3,36 2,827 2,466 2,249 Vehicles 2,13 1,576 1,553 1,161 1,45 1,87 Tools, furniture and fixtures 18,285 15,396 13,813 12,87 11,698 9,958 Land 92,34 94,714 93,631 93,631 93,631 93,631 Construction in progress 11,939 18,755 25,332 46,4 12,527 5,394 Total property, plant and equipment 476,75 476, ,87 491, , ,41 Intangible assets Goodwill 19 Goodwill 142 Right of trademark Software 2,717 4,465 5,783 5,982 5,95 4,848 Right of using water facilities 5,22 4,763 4,36 4, 3,537 3,73 Other Total intangible assets 8,838 1,249 1,992 1,741 1,171 8,528 Investments and other assets Investment securities 2,782 27,121 32,31 1,643 6,916 7,737 Stocks of subsidiaries and affiliates 11,464 2,158 19,338 16,437 11,75 16,61 Investments in capital Long-term loans receivable 1,565 Long-term loans to employees Long-term loans receivable from subsidiaries and affiliates 43,211 43,661 44,991 42,19 42,665 28,726 Long-term prepaid expenses 6,314 5,164 4,567 3,72 6,837 5,717 Deferred tax assets 469 4,455 3,112 1,814 Other 5,38 4,327 4,438 2,776 2,59 2,471 Allowance for doubtful accounts (177) (179) (1,683) (3,123) (4,566) (1,617) Total investments and other assets 88,311 11,11 14,798 77,277 69,187 62,482 Total noncurrent assets 573, ,32 6, ,91 557, ,412 Deferred assets Nonconsolidated Financial Statements Discount on bonds 1 18 Total deferred assets 1 18 Total assets 654, , , ,53 635,731 64,595 Nonconsolidated Financial Statements Millions of Yen 5/3 6/3 7/3 8/3 9/3 1/3 LIABILITIES Current liabilities Accounts payable - trade 12,34 12,52 13,341 13,119 14,44 13,329 1 Current portion of bonds 1, 3, 1, 19,999 19,998 1 Current portion of long-term loans payable 5,2 2,8 34, Accounts payable - other 1,626 15,659 16,1 17,347 11,45 12,623 Accrued expenses 7,291 7,52 9,622 8,845 9,99 1,487 Income taxes payable 5,641 5,583 8,36 5,288 9,317 6,621 Accrued consumption taxes 1,498 1,152 1,984 1,525 1,66 3,378 Advances received 9,666 1,3 9,642 1,136 1,325 11,374 Deposits received 8,945 11,247 11,719 11,171 13,896 15,271 Other Total current liabilities 71,28 93,751 7, , , ,227 Noncurrent liabilities Bonds payable 15, 17, 169,984 99,982 79,986 59,991 Long-term loans payable 19, 5, 5, 8, 59,2 45,2 Long-term accounts payable - other 16,881 15,999 14,7 13,324 14,91 11,539 Deferred tax liabilities 2, Provision for retirement benefits 1,662 1,838 1,816 1,756 1,935 2,272 Retirement allowances for directors 557 Other 2,72 1, ,163 1,188 Total noncurrent liabilities 19,84 242, , ,97 156,376 12,191 Total liabilities 262,84 336,8 37, , , ,418 SHAREHOLDERS EQUITY Capital stock 63,21 63,21 Capital surplus Legal capital surplus 111,43 111,43 Total capital surpluses 111,43 111,43 Retained earnings Legal retained earnings 1,142 1,142 Voluntary reserve General reserve 191,2 26,2 Unappropriated retained earnings 21,22 18,893 Total retained earnings 213, ,236 Valuation difference on available-for-sale securities 4,288 9,43 Treasury stock (11) (3,263) Total shareholders equity 392, ,62 Total liabilities and shareholders equity 654, ,629 NET ASSETS Shareholders equity Capital stock 63,21 63,21 63,21 63,21 Capital surplus Legal capital surplus 111,43 111,43 111,43 111,43 Total capital surpluses 111,43 111,43 111,43 111,43 Retained earnings Legal retained earnings 1,142 1,142 1,142 1,142 Other retained earnings General reserve 217,7 187,7 155,2 155,2 Retained earnings brought forward 17,368 23,597 63,145 53,358 Total retained earnings 236,21 212, ,488 29,71 Treasury stock (3,265) (15) (24,463) (26,94) Total shareholders equity 38, ,28 369, ,211 Valuation and translation adjustments Valuation difference on available-for-sale securities 6,354 1,431 (1,43) (564) Deferred gains or losses on hedges 24 (38) (321) (47) Total valuation and translation adjustments 6,594 1,123 (1,724) (1,35) Total net assets 387, , ,93 357,176 Nonconsolidated Financial Statements 17 Oriental Land Fact Book 21 Oriental Land Fact Book 21 18

11 Nonconsolidated Statements of Income Millions of Yen 5/3 6/3 7/3 8/3 9/3 1/3 Operating revenue Attractions and shows 122, , , ,15 14,19 135,92 Merchandise 89,116 89,359 93,377 91,446 17,39 1,635 Food and beverages 5,476 5,736 52,32 52,377 58,112 55,964 Other revenue 9,277 1,211 1,576 1,551 13,26 13,732 Total operating revenue 271, ,39 284, , ,467 35,425 Operating expenses Cost of sales 23, ,177 24,93 24, , ,261 Gross profit 41,22 37,862 43,598 41,84 5,714 49,163 General and administrative expenses 13,921 14,17 14,593 15,68 15,934 14,55 Total operating expenses 244, , , , ,687 27,767 Operating income 27,298 23,754 29,5 26,772 34,78 34,658 Non-operating income Interest income Interest on securities Dividends income 5,481 4,985 1, ,25 Insurance received and insurance dividends Foreign exchange gains 447 Gain on leveraged-lease investments 1,429 Miscellaneous income Total non-operating income 8,685 6,393 2,979 2,828 2,555 3,628 Non-operating expenses Interest expenses ,1 1, Interest on bonds 3,29 3,135 3,585 3,784 1,512 1,25 Retirement benefit expenses Miscellaneous expenses , Total non-operating expenses 5,23 5,197 5,38 6,62 3,347 2,37 Ordinary income 3,78 24,95 26,675 23,538 33,988 35,916 Extraordinary income Gain on sales of noncurrent assets 181 Gain on extinguishment of tie-in shares 58 Gain on sales of stocks of subsidiaries and affiliates 85 Total extraordinary income Extraordinary loss Loss on disposal of noncurrent assets Loss on sales of investment securities 59 Loss on sales of stocks of subsidiaries and affiliates ,554 Loss on valuation of investment securities Loss on valuation of stocks of subsidiaries and affiliates , Retirement benefit expenses 153 Impairment loss 1,237 Bad debts written off 54 Provision of allowance for doubtful accounts 1,496 1,526 1,46 15 Total extraordinary loss 1, ,616 2,94 5,849 3,236 Income before income taxes 29,77 24,711 24,24 2,633 28,139 32,737 Income taxes - current 9,692 8,4 11,574 8,976 13,187 1,66 Income taxes - deferred (2,124) (53) 2, Net income 19,811 16,68 14,79 12,187 12,629 21,931 Retained earnings brought forward 2,893 4,115 Interim dividend 1,51 1,92 Unappropriated retained earnings 21,22 18,893 Breakdown of Operating Revenue Millions of Yen 5/3 6/3 7/3 8/3 9/3 1/3 Attractions and shows 122, , , ,15 14,19 135,92 Theme park ticket receipts 11,129 1,6 17,173 17, ,919 18,588 Others 21,436 21,725 21,8 2,77 25,1 26,54 Merchandise 89,116 89,359 93,377 91,446 17,39 1,635 Toys and sundries 31,888 31,13 32,66 31,717 37,43 38,818 Confectionery 28,962 28,33 3,25 29,392 34,35 3,33 Apparel 19,164 19,718 2,315 19,79 22,43 21,454 Others 9,1 1,233 1,969 1,546 13,411 1,32 Food and beverages 5,476 5,736 52,32 52,377 58,112 55,964 Food 42,51 43,24 44,52 44,96 5,457 49,29 Beverages 7,974 7,711 7,8 7,416 7,655 6,934 Others 9,277 1,211 1,576 1,551 13,26 13,732 Total 271, ,39 284, , ,467 35,425 Breakdown of Cost of Sales Millions of Yen 5/3 6/3 7/3 8/3 9/3 1/3 Merchandise 41,942 41,915 43,91 42,633 49,198 43,912 Food and beverages 21,524 21,367 21,988 22,432 25,165 24,247 Materials 14,26 14,98 14,422 14,643 16,622 15,73 Personnel expenses 5,727 5,644 5,791 5,915 6,664 6,734 Salaries 4,795 4,778 4,796 4,946 5,467 5,471 Bonuses Others Administrative expenses 1,536 1,623 1,774 1,874 1,877 1,89 Utilities expenses Depreciation and amortization Others Personnel expenses 42,39 43,562 44,544 43,38 48,894 53,979 Salaries 33,94 34,439 34,16 33,626 36,973 4,729 Bonuses 4,535 4,38 5,526 4,962 6,321 6,73 Others 4,761 4,741 4,911 4,791 5,599 6,547 Other operating expenses 124, ,331 13, , , ,122 Materials and other outside costs 1,69 1,976 1,873 1,75 11,758 1,524 Renovation of facilities 11,986 12,794 14,21 15,448 14,613 15,472 Entertainment production 13,463 14,487 13,8 12,646 15,42 1,716 Outsourcing 7,875 8,658 1,363 1,23 9,544 9,175 Marketing expenses 8,13 8,523 8,41 8,548 9,15 8,683 Royalties 18,534 18,467 19,492 19,454 22,119 2,911 Taxes and public dues 5,322 5,275 4,92 5,52 5,334 5,313 Depreciation and amortization 38,754 37,887 38,256 39,178 44,547 41,74 Others 9,716 1,26 1,976 1,929 12,5 11,619 Total 23, ,177 24,93 24, , ,261 Ratio of Cost of Sales 5/3 6/3 7/3 8/3 9/3 1/3 Merchandise 47.1% 46.9% 47.% 46.6% 45.8% 43.6% Food and beverages Breakdown of General and Administrative Expenses Millions of Yen 5/3 6/3 7/3 8/3 9/3 1/3 Personnel expenses 5,414 5,853 6,53 6,36 6,774 6,813 Administrative expenses 6,82 7,62 7,131 7,624 8,31 6,64 Depreciation and amortization 1,686 1, ,83 1,127 1,52 Total 13,921 14,17 14,593 15,68 15,934 14, Note: Beginning with the term ended March 31, 29, the nonconsolidated financial statements include the result of operations by Cirque du Soleil Theatre Tokyo. Nonconsolidated Financial Statements Nonconsolidated Financial Statements 19 Oriental Land Fact Book 21 Oriental Land Fact Book 21 2

12 Billions of Yen 75 6 Market Data Market Size of Amusement and Leisure Park Industry Market Size of Amusement and Leisure Park Industry (left) Oriental Land s Market Share in the Industry (right) As of March 31, 21 9,922,54 Number of Shares Issued: 9,922,54 shares 4661 Stock Listing: Code Number: Tokyo Stock Exchange, First Section Investment Unit: 1 shares 128,98 Number of Stockholders: 128,98 Number of Shares Issued Thousands of Shares) 5/3 6/3 7/3 8/3 9/3 1/3 Number of shares issued 1,122 1,122 1,122 95,122 95,122 9, ,416 Stock Information Note: The number of shares (after deduction of treasury stock) in the fiscal year ended March 31, 21, is 86,416 thousand shares. Market Data Stock Information CY 34.8% % 37.3% , , , , , , , , % 39.% 39.7% 39.6% 4.3% 4.2% Market Size of Amusement and Leisure Park Industry 1 Annual Theme Park Attendance For the Year Ended March 31, 29 Facility Tokyo Disneyland Tokyo DisneySea Annual Attendance Location Thousands 27,221 Chiba Opening Year UNIVERSAL STUDIOS JAPAN 8,138 Osaka 21 3 NAMJATOWN 2,53 Tokyo HUIS TEN BOSCH 1,87 Nagasaki Shima Spain Mura PARQUE ESPAÑA 1,63 Mie SPACE WORLD 1,54 Fukuoka Sanrio Puroland 1,114 Tokyo KYOTO STUDIO PARK 1,28 Kyoto KURASHIKI TIVOLI PARK 925 Okayama KidZania Tokyo 915 Tokyo 26 Source: Leisure Industry Data, August 29, %Billions of Yen, % CY Market Size of Amusement and Leisure Park Industry Oriental Land s Market Share in the Industry 39.% 39.7% 39.6% 4.3% 4.2% 44.5% Source : White Paper of Leisure 29, Japan Productivity Center for Socio-Economic Development, July Note : Oriental Land s net sales are based on fiscal year data. Therefore, 28, for example, refers to the period beginning April 1, 28, and ended March 31, % Yen Dividends per Share 29.6% % /3 1/3 2/3 3/3 4/3 1 18, , , , , , , , ,56 2nd Half (left) Consolidated payout ratio (right) 21st Half (left) % % 12.7% 15.7% /3 Distribution of Stockholders / % % Principal Stockholders 1 Stockholders Number of Shares Thousands Percentage Held Keisei Electric Railway Co., Ltd. 18, Mitsui Fudosan Co., Ltd. 1, Chiba Prefecture 3, Japan Trustee Services Bank, Ltd. Trust accounts The Master Trust Bank of Japan, Ltd. Trust accounts The Dai-ichi Mutual Life Insurance Company, Limited 1, , , Mizuho Trust & Banking Co., Ltd. 2 1, Japan Trustee Services Bank, Ltd. (Trust accounts 4) 1, Nippon Life Insurance Company The Chuo Mitsui Trust and Banking Company, Limited % In addition to the above, 4,56 thousand shares are held in treasury. 2. Shares held in a pension trust account with Mizuho Trust & Banking Co., Ltd., for the benefit of retirement plans of Mizuho Corporate Bank, Ltd % 1 6/3 7/3 8/3 9/3 1/ /3 7/3 8/3 9/3 1/ % 2 National government and local public organizations Financial institutions Securities companies Other corporations Foreign corporations and individuals Individuals and others Treasury stock 21 Oriental Land Fact Book 21 Oriental Land Fact Book 21 22