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New park targets a 2012 opening date.
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Park unable to overcome the reputation of the park after a fatal accident in 2007.
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Movie themed park would take up the site now occupied by the bankrupt park, which struggled following a fatal accident.
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Osaka park attendance tanks following fatal accident in May 2007.
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Execs charged with professional negligence following May 2007 coaster derailment.
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Park has not yet determined replacement attractions.
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Expert says park neglected proper maintenance.
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Seven roller coasters examined in emergency inspections following the fatal accident on Fujin Raijin II had problems such as worn wheels and cracked axles.
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Following a fatal accident at the park in Osaka, authorities say the coaster ran 15 years without replacements.
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Axle breaks on Togo stand-up coaster.