Oriental Land Co Ltd (OLCLF) Q3 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello everyone, this is Shimoda. Thank you very much for taking time out of your busy schedules to attend our company financial presentation today. We sincerely appreciate your time. First I will explain the financial results summary. Please turn to page 4 of the materials in front of you. Trends in net sales, operating profit and operating cash flow for the third quarter are as shown, with this quarter achieving record highs. We leverage special events such as Christmas along with Fantasy Springs to achieve high net sales per guest. Please turn to page 5. The results for the first nine months are as shown. Compared to the same period of the previous fiscal year, net sales and profits increased due to factors such as higher net sales per guest and growth in the hotel business segment. Please turn to page 6. I will explain the results by segment and the factors contributing to the increase or decrease. Net sales for the theme park segment increased by 16.9 billion yen to 427.9 billion yen. Attendance was nearly the same as the same period of the previous fiscal year. Although the same period of fiscal year 325 benefited from pre-closure demand for Space Mountain, etc., this period saw strong performances of Fantasy Springs and special events. As a reference, I will explain the trend in attendance compared to the same period of the previous fiscal year. For the three-month period of this quarter, the attendance numbers were largely similar. By month, October was approximately 4% lower. November was approximately 1% higher, and December was approximately 3% higher. Net sales per guest reached record highs across all revenue categories. Attractions and shows revenue rose, driven by increases in Disney Premier Access and sales of higher-priced tickets due to variable pric...