YOMIURI LAND. CO., LTD (E04602) Stock Price

Yomiuri Land is a comprehensive leisure business company with amusement park operations at its core. The company operates "Yomiuri Land," an amusement park spanning Inagi, Tokyo and Kawasaki, Kanagawa. In addition to amusement park operations, the company manages public sports betting facilities such as racetracks and operates golf courses at four locations nationwide. These facilities also include restaurants and retail shops, providing a wide range of leisure services.

The company's primary customers are general consumers using the amusement park and golf courses, as well as participants in public sports betting. Revenue is generated from admission fees, facility usage charges, food and beverage sales and retail operations within facilities, and operational management fees from public sports betting facilities. In the amusement park business particularly, attraction fees, event revenue, and secondary spending within the park are important revenue sources.

Business segments are centered on comprehensive leisure operations, divided into four divisions: public sports betting, golf, amusement park, and retail. Additionally, the real estate business handles buying, selling, and leasing of owned properties, while the support services business operates construction and golf course management through subsidiaries. The company operates as a corporate group including five subsidiaries and one other affiliated company, providing comprehensive leisure services.

Yomiuri Land is advancing its medium-term management plan under the long-term growth strategy "Leap" (fiscal 2019-2028), targeting revenue of 25.6 billion yen and operating profit of 3.4 billion yen in fiscal 2021. The company positions three core businesses—amusement parks, public racing facility operations, and golf courses—as its foundation. Despite temporary performance decline from COVID-19 impacts, the company is deploying creative operational initiatives to drive recovery across all business segments.

In the amusement park business, the company is advancing distinctive visitor acquisition strategies leveraging its proximity to central Tokyo. In 2020, it opened the new-concept flower park "HANA・BIYORI" and renovated the indoor play facility "Goodjoba!!" In spring 2021, it added the new attraction zone "SPACE factory," and is securing stable visitor numbers through summer pool operations, autumn illumination events called "Jewel Illumination," and enhanced services for international visitors. Meanwhile, in the public racing division, the company is executing major capital investments including expanded training facilities at Kawasaki Racecourse and new grandstand construction at Funabashi Racecourse to enhance competitiveness.

The company actively pursues new business development. In health-related operations, it has begun managing hot spring facilities through new contracts, expanding business domains by leveraging existing management resources. Building on long-accumulated operational expertise and brand strength, Yomiuri Land is exploring new service formats while implementing rigorous safety measures and cost reductions to maximize customer satisfaction. Through these initiatives, the company aims to achieve sustainable growth as a distinctive comprehensive leisure and service company in Japan.