Oriental Land Co Ltd (OLCLF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, everyone. I'm Tomoyuki Shimoda. Thank you for taking time out of your busy schedule to attend this financial presentation. I'd like to provide you with an overview of our financial results. Please refer to page 2. We usually provide the financial results for the first nine months at this timing, but as the situation in the third quarter ended December 31st, 2024, differed significantly from the trends seen in the first half year. Today we will start by explaining the results for the three months of the third quarter to help you better understand our performance. For the results for the first nine months, please refer to page nine and the appendix. The three-month results for the third quarter are as shown here. Both net sales and operating profit increased year on year, primarily due to an increase in net sales per guest and higher performance of the hotel business segment. Please refer to page 3. As you can see, net sales and operating profit for the third quarter have grown over the years, reaching record highs in the third quarter under review. We managed to achieve both high levels of attendance and net sales per guest, exceeding the strong performance of the Tokyo Disney Resort 40th Anniversary events in the previous fiscal year by leveraging our Halloween, Christmas and other special events as well as Fantasy Springs. Guest satisfaction also remains at a high level. In the remaining few months under our current medium-term plan, we will endeavor to enhance guest satisfaction and increase net sales and operating profit. Now I'd like to elaborate on the results by segment and the reasons for changes. Please refer to page 4. Net sales for the theme park segment increased by 18.3 billion yen to 172.1 billion yen. Attendance increased year on year, o...