In 1998, we increased shareholder benefits from once a year to twice a year. As part of the benefits sent out at the end of December 2002, we changed the Shareholder Passport, which was only able to be used at Tokyo Disneyland, to the 1-Day Passport which can be used at either Tokyo Disneyland or Tokyo DisneySea, as an effort to further enhance shareholder benefits.

Please see Shareholder Benefit Program for detailed information on the current shareholder benefit program.

The Company conducted a stock split on April 1, 2015. Along with the stock split, we have made changes to our shareholder benefit program. For details, please see "Announcement of 'Implementation of Stock Split,' 'Changes to Distribution Criteria for Shareholder Benefit Program Following Stock Split' and 'Introduction of Long-term Shareholder Benefit Program.'"

Each is sent out twice a year.