logo
Tokyo Disney Resort operator may cut ticket prices for theme parks

Tokyo Disney Resort operator may cut ticket prices for theme parks

Kyodo News12 hours ago

KYODO NEWS - 2 hours ago - 23:35 | All, Japan, Travel/Tourism
The Tokyo Disney Resort operator could lower ticket prices for its theme parks, company President Wataru Takahashi said Friday, as more people cut discretionary spending due to inflation.
Oriental Land Co. will likely consider lowering prices or adjusting the price range for Tokyo Disneyland and Tokyo DisneySea. Prices normally fluctuate in response to projected demand.
A one-day ticket for either of the parks, located in Urayasu near Tokyo, currently costs between 7,900 yen ($55) and 10,900 yen per adult.
Takahashi's remark came as Oriental Land considers a large-scale redevelopment of parts of its parks under the company's long-term business strategy through fiscal 2035.
Speaking about the company's cruise ship that is slated to start operating in fiscal 2028, Takahashi, who was appointed president and chief operating officer on April 1, told reporters the company aims to get it "on track."
He described the cruise ship as "the integration of a theme park and hotel sailing across the ocean," adding that every passenger will be able to enjoy a show with fewer restrictions like those experienced at theme parks where patrons often must win a seat in a lottery.
Related coverage:
New Universal Studios Japan chief eyes expansion of park attractions
Disney-themed shinkansen bullet train shown ahead of launch
Shanghai to open Harry Potter theme park in 2027

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Japan, U.S. yet to find common ground on tariffs but want quick deal
Japan, U.S. yet to find common ground on tariffs but want quick deal

Kyodo News

time19 minutes ago

  • Kyodo News

Japan, U.S. yet to find common ground on tariffs but want quick deal

By Takuya Karube, KYODO NEWS - 30 minutes ago - 12:50 | All, Japan, World Japan and the United States have "yet to find common ground" on tariff issues, Tokyo's top negotiator said Friday, indicating that there remain many differences between the sides, but they still aim to clinch a win-win deal in mid-June. After holding talks with U.S. Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick in Washington, Ryosei Akazawa told reporters that he believes "further progress" was made. They will also "continue coordinating energetically to achieve an agreement that benefits both Japan and the United States," Akazawa said. Akazawa, however, noted that no decision has been made on whether there will be another round of negotiations next week or beyond. He suggested it depends on the schedule of the U.S. Cabinet members who are due to hold high-level trade talks with China in London on Monday. Akazawa, Japan's minister for economic revitalization, and Bessent sat down for about 45 minutes to explore whether it may be feasible for the countries' leaders to reach a trade agreement when they are expected to meet in person in about 10 days. With Lutnick, whom Akazawa also met a day earlier for about two hours, the Japanese minister said he held separate talks of approximately similar length addressing three major areas -- trade, nontariff barriers and economic security. Akazawa declined to reveal details of the negotiations, including which issues had seen progress. However, Akazawa, as he has done consistently in the ongoing talks, said he had reiterated Tokyo's position that the Trump administration's additional tariffs must be removed as quickly as possible, as the measures are having a serious impact on the Japanese economy. Japanese Prime Minister Shigeru Ishiba and U.S. President Donald Trump plan to hold a meeting around the time of the three-day Group of Seven summit in Canada, which starts on June 15. Akazawa, who arrived in the U.S. capital on Thursday for the third straight week and a fifth round of ministerial tariff talks, said the leaders will meet after hearing how far discussions have progressed. Under Trump's so-called reciprocal tariff regime, announced April 2, almost all countries in the world have been hit by a baseline duty of 10 percent, with Japan facing an additional country-specific tariff of 14 percent for a total rate of 24 percent. Along with other countries, Japan has also been affected by the Trump administration's extra 25 percent tariff on automobiles and other sector-based levies implemented on national security grounds. Japan has presented a package of proposals to the United States since the first round of their ministerial talks in mid-April. The package includes joint efforts to strengthen supply chains for semiconductors and critical minerals, cooperation in shipbuilding, expanding imports of U.S. farm products to Japan, and simplification of its safety and environmental requirements for foreign-made cars. Japan does not impose tariffs on imported cars, trucks or buses. The Trump administration has claimed, however, that American automakers' limited penetration into Japan's market is due to nontariff barriers, such as nonacceptance of certain U.S. standards. Related coverage: Japan calls for tariff rethink in talks with U.S. commerce chief Trump's steel tariff hike not raised in Japan-U.S. talks: negotiator Japan, U.S. agree tariff talks making progress toward deal

Japan brokerages donating shareholder perks to help kids in poverty
Japan brokerages donating shareholder perks to help kids in poverty

Kyodo News

time2 hours ago

  • Kyodo News

Japan brokerages donating shareholder perks to help kids in poverty

KYODO NEWS - 1 hour ago - 09:55 | All, Japan Japanese securities firms are donating the food and beverage gifts they receive as shareholder perks through their trading activities to nonprofit organizations to support children living in poverty amid inflation. The Japan Securities Dealers Association started the program in 2020, and around 2,300 donations had been made by March this year. Under the program, a list of shareholder perks is presented to registered organizations channeling the goods to recipients each week and the organizations then convey their requests to the securities firms. As of April, 61 companies and 48 organizations had registered with the program. Around 11 tons of rice and 8,600 liters of beverages have been donated, with rice and ready-made foods such as curry among the popular products. IwaiCosmo Securities Co. previously distributed shareholder perks to younger employees via a lottery as part of its welfare program, but now donates rice and canned goods to organizations. The Osaka-based brokerage has received feedback that its donations were delivered to single-mother households and served at a gathering of children. "We feel it is significant that goods are being used by people who really need them," a company official said. Monex Inc. has been donating shareholder perks to various organizations across the country since 2024, with an official saying it intends to continue using the program as it is difficult to find recipients on its own. NPO Bridge for Smile, which supports children and young people who cannot rely on their parents, receives donations of food and disaster stockpiles on a regular basis through the program. "As there are some people who only have one meal a day due to soaring rice prices, we are grateful that it helps them survive," said Ryuta Suzuki, a member of the group. Related coverage: FEATURE: Japan's childless elderly turning wealth into goodwill Entrepreneur launches support service for int'l school kids in Japan

Japan, U.S. yet to find middle ground on tariffs but want quick deal
Japan, U.S. yet to find middle ground on tariffs but want quick deal

Kyodo News

time3 hours ago

  • Kyodo News

Japan, U.S. yet to find middle ground on tariffs but want quick deal

KYODO NEWS - 14 minutes ago - 10:00 | All, Japan, World Japan and the United States have yet to find common ground on tariff issues but still aim to strike a deal of some sort in mid-June, Japan's chief tariff negotiator said Friday. After holding talks with U.S. Treasury Secretary Scott Bessent and U.S. Commerce Secretary Howard Lutnick in Washington, Ryosei Akazawa, Japan's minister for economic revitalization, told reporters that he believes "further progress" was made. Akazawa said no decision has been made on whether there will be another round of tariff talks next week or beyond. Akazawa and Bessent, as well as Lutnick, whom the Japanese minister also met a day earlier, sat down to explore whether it may be feasible for the countries' leaders to reach a trade agreement during their meeting in about 10 days. Japanese Prime Minister Shigeru Ishiba and U.S. President Donald Trump plan to hold talks around the time of the three-day Group of Seven summit in Canada, which starts on June 15. Akazawa, who is visiting the U.S. capital for the third straight week for a fifth round of ministerial-level tariff talks, has repeatedly said Japan will not accept a deal unless it benefits both countries. On Thursday, Akazawa and Lutnick discussed "in detail" cooperation in three major areas -- trade, nontariff barriers and economic security -- during their 110-minute meeting, according to the Japanese government. The government added that Akazawa, as he has done consistently in the talks, reiterated Japan's position that the Trump administration's additional tariffs must be removed. Under Trump's so-called reciprocal tariff regime, announced April 2, almost all countries in the world have been hit by a baseline duty of 10 percent, with Japan facing an additional country-specific tariff of 14 percent for a total rate of 24 percent. Along with other countries, Japan has also been affected by the Trump administration's extra 25 percent tariff on automobiles and other sector-based levies implemented on national security grounds. Japan has presented a package of proposals to U.S. Cabinet members in the ongoing negotiations. The package includes joint efforts to strengthen supply chains for semiconductors and critical minerals, cooperation in shipbuilding, expanding imports of U.S. farm products to Japan, and simplification of Japan's safety and environmental requirements for foreign-made cars. Japan does not impose tariffs on imported cars, trucks or buses. However, the Trump administration has claimed American automakers' limited penetration into Japan's market is due to nontariff barriers, such as nonacceptance of certain U.S. standards. Related coverage: Japan calls for tariff rethink in talks with U.S. commerce chief Trump's steel tariff hike not raised in Japan-U.S. talks: negotiator Japan, U.S. agree tariff talks making progress toward deal

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store