Oriental Land Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Year Ending March 31, 2024
July 28, 2023 at 03:20 am EDT
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Oriental Land Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2023 and year ending March 31, 2024. For the six months ending September 30, 2023, the company expects net sales of JPY 257,184 million, operating profit of JPY 55,316 million and profit attributable to owners of parent of JPY 38,690 million or JPY 23.62 per share.
For the year ending March 31, 2024, the company expects net sales of JPY 543,954 million, operating profit of JPY 122,169 million and profit attributable to owners of parent of JPY 86,991 million or JPY 53.10 per share.
Oriental Land Co., Ltd. specialises in the operation of entertainment sites. Net sales break down by activity as follows:
- operation of theme parks (79.3%): ownership, at the end of March 2022, of 2 theme parks (Tokyo Disneyland and Tokyo DisneySea);
- hotel operations (17.2%): owning of Disney Ambassador Hotel, Tokyo DisneySea Hotel MiraCosta, Tokyo Disneyland Hotel, Tokyo Disney Resort Toy Story Hotel, Tokyo Disney Celebration Hotel, Urayasu Brighton Hotel and Kyoto Brighton Hotel;
- other (3.5%).