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Presentation materials for financial results4661ORIENTAL LAND CO.,LTD.Information and Communications, Services and Others

Financial Results Briefing for the Fiscal Year Ending March 2026

For the fiscal year ended March 2026, revenue reached a record high and exceeded the initial forecast, driven in part by higher revenue per guest. Operating profit and net income, however, fell below the previous year due to higher personnel and other expenses. For the fiscal year ending March 2027, the company expects revenue to increase but profit to decline.

Worth reading
58In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
76
¥100 million (decline in operating profit from the previous year's actual result for the fiscal year ending March 2027)
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFiscal year ending March 202611 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales7,045 Hundreds of millions of yen+3.7%
Operating profit1,684 Hundreds of millions of yen-2.1%
Ordinary income1,696 Hundreds of millions of yen-2.1%
Net income1,218 Hundreds of millions of yen-1.8%
Full-year earnings forecast
Net Sales
7,243 Hundreds of millions of yen
Operating profit
1,607 Hundreds of millions of yen
Ordinary income
1,680 Hundreds of millions of yen
Profit before income taxes
1,680 Hundreds of millions of yen
Profit attributable to owners of the parent
1,137 Hundreds of millions of yen
Revenue from theme park operations
5,922 Hundreds of millions of yen
Operating profit from theme park operations
1,287 Hundreds of millions of yen
Revenue from hotel operations
1,157 Hundreds of millions of yen
Operating profit from hotel operations
307 Hundreds of millions of yen
Sales from Other businesses
163 Hundreds of millions of yen
Operating income from Other business
8 Hundreds of millions of yen
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Exceeded the initial forecast
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Increase in revenue per guestIncrease in theme park operations revenue. Individual amounts not disclosed except in part
  • Increase in personnel expenses-112 Hundreds of millions of yen
  • Increase in other expenses-112 Hundreds of millions of yen
  • Increase in maintenance costs-35 Hundreds of millions of yen
  • Increase in system-related expenses-25 Hundreds of millions of yen
  • Increase in taxes and public dues-21 Hundreds of millions of yen
  • Decrease in the cost ratio for merchandise and food and beverages13 Hundreds of millions of yen
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Numerical assumptions for foreign exchange rates, raw material prices and interest rates have not been disclosed. The stated periods for hotel room renovation work are 19 August 2026 to 20 July 2027 for Hotel MiraCosta and 1 July 2026 to 31 March 2027 for Celebration Hotel
New initiatives
  • Holding the Tokyo DisneySea 25th Anniversary event
  • Renovation work on Disney hotel guest rooms
  • Expanding the facilities eligible for Disney Premier Access and preparing to introduce a pre-arrival purchase service
  • Additional distribution of 1-Day Passports as a special shareholder benefit
  • Investment toward the launch of Disney Cruise Line Japan services in fiscal 2028
Key KPIsA metric the company considers important as a management benchmark.
  • Attendance2,753 10,000 people
    Year-on-year (%)-0.1
  • Revenue per guest¥18,403
    Year-on-year (%)3.2
  • Attraction and show revenue¥9,608 per person
    Year-on-year (%)2.4
  • Merchandise revenue¥5,227 per person
    Year-on-year (%)2.8
  • Food and beverage revenue¥3,569 per person
    Year-on-year (%)6.1
  • Room occupancy rate94.7 %
    Year-on-year_pt-1
  • Average room rate¥69,591
    Year-on-year (%)7.3
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • Attendance2,753 10,000 people
    Year-on-year (%)-0.1
  • Revenue per guest¥18,403
    Year-on-year (%)3.2
  • Room occupancy rate94.7 %
    Year-on-year_pt-1
  • Average room rate¥69,591
    Year-on-year (%)7.3
Segment results
  • Theme park business
    Net Sales5,683 Hundreds of millions of yen (YoY +2.9%)
    Operating profit1,304 Hundreds of millions of yen (YoY -7.1%)
  • Hotel Business
    Net Sales1,190 Hundreds of millions of yen (YoY +7.8%)
    Operating profit368 Hundreds of millions of yen (YoY +20.9%)
  • Other Businesses
    Net Sales171 Hundreds of millions of yen (YoY +2.3%)
    Operating profit4 Hundreds of millions of yen (YoY -22.9%)
Medium-term management plan targets
2024 Medium-Term Management Plan
Target fiscal yearFiscal 2029
Operating cash flowAround ¥300 billion
2035 Long-Term Management Strategy
Target fiscal yearFY2035
Net Sales¥1 trillion or more
ROEA level above that targeted during the 2024 Medium-Term Management Plan period
Capital expenditures
¥862 100 million actual for the fiscal year ended March 2026
Annual Dividend
Fiscal year ending March 2026¥15 (¥7 interim, ¥8 year-end)
Forecast for the fiscal year ending March 2027¥16 (¥8 interim, ¥8 year-end)
Payout ratio
20.2% for the fiscal year ended March 2026, and 23.1% forecast for the fiscal year ending March 2027
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFiscal year ending March 2026
Net Sales7,045 Hundreds of millions of yen (YoY +3.7%)
Operating profit1,684 Hundreds of millions of yen (YoY -2.1%)
Ordinary income1,696 Hundreds of millions of yen (YoY -2.1%)
Net income1,218 Hundreds of millions of yen (YoY -1.8%)
Full-year earnings forecastNet Sales 7,243 Hundreds of millions of yen / Operating profit 1,607 Hundreds of millions of yen / Ordinary income 1,680 Hundreds of millions of yen / Profit before income taxes 1,680 Hundreds of millions of yen / Profit attributable to owners of the parent 1,137 Hundreds of millions of yen / Revenue from theme park operations 5,922 Hundreds of millions of yen / Operating profit from theme park operations 1,287 Hundreds of millions of yen / Revenue from hotel operations 1,157 Hundreds of millions of yen / Operating profit from hotel operations 307 Hundreds of millions of yen / Sales from Other businesses 163 Hundreds of millions of yen / Operating income from Other business 8 Hundreds of millions of yen
Self-assessment against the planExceeded the initial forecast
Segment resultsSegment Theme park business / Net Sales 5,683 Hundreds of millions of yen (YoY +2.9%) / Operating profit 1,304 Hundreds of millions of yen (YoY -7.1%), Segment Hotel Business / Net Sales 1,190 Hundreds of millions of yen (YoY +7.8%) / Operating profit 368 Hundreds of millions of yen (YoY +20.9%), Segment Other Businesses / Net Sales 171 Hundreds of millions of yen (YoY +2.3%) / Operating profit 4 Hundreds of millions of yen (YoY -22.9%)
Breakdown of Factors Affecting the ChangeFactors Increase in revenue per guest / Amount Increase in theme park operations revenue. Individual amounts not disclosed except in part, Factors Increase in personnel expenses / Amount -112 Hundreds of millions of yen, Factors Increase in other expenses / Amount -112 Hundreds of millions of yen, Factors Increase in maintenance costs / Amount -35 Hundreds of millions of yen, Factors Increase in system-related expenses / Amount -25 Hundreds of millions of yen, Factors Increase in taxes and public dues / Amount -21 Hundreds of millions of yen, Factors Decrease in the cost ratio for merchandise and food and beverages / Amount 13 Hundreds of millions of yen
Key KPIsAttendance 2,753 10,000 people, Revenue per guest ¥18,403, Attraction and show revenue ¥9,608 per person, Merchandise revenue ¥5,227 per person, Food and beverage revenue ¥3,569 per person, Room occupancy rate 94.7 %, Average room rate ¥69,591
Unit price and quantity metricsAttendance 2,753 10,000 people, Revenue per guest ¥18,403, Room occupancy rate 94.7 %, Average room rate ¥69,591
Assumptions Underlying the Business OutlookNumerical assumptions for foreign exchange rates, raw material prices and interest rates have not been disclosed. The stated periods for hotel room renovation work are 19 August 2026 to 20 July 2027 for Hotel MiraCosta and 1 July 2026 to 31 March 2027 for Celebration Hotel
Medium-term management plan targets2024 Medium-Term Management Plan Target fiscal year Fiscal 2029 / Operating cash flow Around ¥300 billion / 2035 Long-Term Management Strategy Target fiscal year FY2035 / Net Sales ¥1 trillion or more / ROE A level above that targeted during the 2024 Medium-Term Management Plan period
Annual DividendFiscal year ending March 2026 ¥15 (¥7 interim, ¥8 year-end) / Forecast for the fiscal year ending March 2027 ¥16 (¥8 interim, ¥8 year-end)
Payout ratio20.2% for the fiscal year ended March 2026, and 23.1% forecast for the fiscal year ending March 2027
Capital expenditures¥862 100 million (actual for the fiscal year ended March 2026)
New initiativesHolding the Tokyo DisneySea 25th Anniversary event, Renovation work on Disney hotel guest rooms, Expanding the facilities eligible for Disney Premier Access and preparing to introduce a pre-arrival purchase service, Additional distribution of 1-Day Passports as a special shareholder benefit, Investment toward the launch of Disney Cruise Line Japan services in fiscal 2028
Items this document does not state (13)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookFinancial targetsAcquisition of treasury sharesOrders received and order backlogMarket Size / ShareKey points of the Q&A

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

For the fiscal year ended March 2026, revenue increased due to higher revenue per guest, while profit declined because of higher personnel expenses, other expenses, maintenance costs and system-related expenses. For the fiscal year ending March 2027, the company expects profit to decline due to higher costs associated with hotel room renovation work, maintenance and the Tokyo DisneySea 25th Anniversary event.

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Financial Results Briefing for the Fiscal Year Ending March 2026 | ORIENTAL LAND CO.,LTD. (4661) timely disclosure | Komori