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Travel & Leisure

Tokyo Disney shackled by COVID as leisure industry struggles

Capacity limits and shorter hours hamstring theme parks and karaoke chains

Tokyo Disney attendance was slashed to 10,000 daily after Japan declared a state of emergency for the Tokyo area. (Photo by Yoshino Sakurai)

TOKYO -- Deep losses for the operator of Tokyo Disney Resort illustrate how Japan's leisure and entertainment companies are reeling from capacity limits and other restrictions tied to the coronavirus pandemic.

Oriental Land reported a 28.7 billion yen ($276 million) net loss for the April-December period, down from a year-earlier net profit of 70.9 billion yen. Revenue was on track to a recovery until Japan's recent spike in COVID-19 cases prompted new business restrictions.

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