Tokyo Disney operator announces $2bn bet on Japan cruises

Oriental Land's latest investment comes on heels of major resort expansion

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Oriental Land plans to launch Disney-themed cruises in Japan. ©Disney

TAMAYO MUTO and YUICHI SHIGA, Nikkei staff writers

TOKYO -- Tokyo Disney operator Oriental Land on Tuesday announced it will invest 330 billion yen ($2 billion) to bring Disney cruises to Japan as it seeks to grow beyond its theme parks and capture more tourist spending.

Oriental Land has signed a licensing agreement with Disney Enterprises to launch the cruises, which began in the U.S. in 1998, a company executive said at a news conference.

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