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ORIENTAL LAND forecasts higher revenue but lower profit for fiscal year ending March 2027, as anniversary event boost offset by rising costs
ORIENTAL LAND <4661> announced its consolidated guidance for the fiscal year ending March 2027 following the market close on April 28. The company projects revenue of 724.3 billion yen (up 2.8% year-on-year) and operating profit of 160.8 billion yen (down 4.5%). The annual dividend is forecast at 16 yen, a 1-yen increase from the previous year. ORIENTAL LAND expects higher park attendance and guest spending to be fueled by Tokyo DisneySea’s 25th anniversary celebrations, though rising personnel and hotel renovation costs are expected to weigh on margins.
For the fiscal year ended March 2026, the company reported revenue of 704.5 billion yen (up 3.7% year-on-year) and operating profit of 168.4 billion yen (down 2.1%), both surpassing previous guidance. While attendance remained stable, higher room rates from the Fantasy Springs Hotel and increased guest spending drove the top-line growth, despite higher labor costs impacting the bottom line.
To celebrate the 30th anniversary of its listing this December, ORIENTAL LAND will offer a special shareholder benefit. Investors holding 100 shares or more as of September 30, 2026, will receive one complimentary one-day passport. This special commemorative gift will be provided in addition to the existing shareholder benefit program.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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