Will the Japanese downturn touch Tokyo Disneyland?

Japan's flagging economy may be taking some of the punch out of Tokyo Disneyland's kick-ass financials.

Analysts note the widespread deflation hitting other parts of the economy is now driving down per-customer sales. Also, last year's attendance figures for Tokyo Disneyland and DisneySea fell short of an initial 25.5 million target.

"Two years ago, DisneySea benefited from the excitement over the new opening," said Marusan's Takei. "But there are some reports that DisneySea is eating into Disneyland attendance."

The opening of Hong Kong Disneyland in early 2006 could be another temptation for Tokyo Disneyland's core fans, some of whom go as many as 20 times a year.



(Thanks, Matt!)