Oriental Land Co Ltd (OLCLF) Q1 2027 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello everyone, this is Tomoyuki Shimoda. Thank you very much for taking time out of your busy schedules to attend our company financial presentation today. Prior to today's financial results briefing, we would like to express our deepest sympathies to all those affected by the Reiwa 8 Kumamoto earthquake and their families. Thank you for watching. Furthermore, for guests who are unable to visit our parks or reschedule their visits due to the impact of this earthquake, we will provide refunds for park tickets and take other necessary measures taking into account the situation and needs of the affected areas. I will now explain the financial results for the first quarter of the fiscal year ending March 2027 and our outlook for the future. First, I will explain the financial results overview. Please turn to page 4. As you can see, here are the financial results for the first quarter. Due to the strong performance of the Tokyo DisneySea 25th anniversary events and other factors, consolidated operating cash flow, net sales and operating profit all reached record highs this quarter. Going forward, we will continue to prioritize allocating cash to growth investments and take steady steps to enhance corporate value, including shareholder returns. In our cruise business as well, preparations for the launch in fiscal year 2028 are in full swing and we are making steady progress. Thank you for watching. Compared to the same period of the previous fiscal year, we saw an increase in both net sales and profits, driven by factors such as higher attendance and higher net sales per guest. I will now explain the results by segment and the factors behind the changes. Net sales for the theme park segment increased by ¥16.1 billion to ¥147.4 billion. Attendance increased due to factors ...