Oriental Land : Results for the Fiscal Year Ended March 2022

Results for the Fiscal Year Ended March 2022

April 27, 2022

Oriental Land Co., Ltd.

I. Financial Results for the Fiscal Year

Ended March 2022

1. Park Operations during FY3/22

Attendance

We continued to set a limit on the number of tickets sold in line with the Amusement Park and Theme Park New Coronavirus Infection Containment Guidelines and requests from the national and local governments, while giving top priority to the safety and security of our Guests and Cast Members.

Major initiatives implemented in FY3/22

Content

3

Changed to four-tiered variable pricing system

Oct. 1 ‒

Time

Major effects 2 + 3

Apr. 1 ‒ May 16,TicketsTrial sale of Early Entry Tickets

Nov. 1 ‒

1 + 2 + 3

Sale of Halloween Morning Passport

Oct. 25‒29

2 + 3

Implementation/resumption of events/programs*

As scheduled

1 + 2＋ 3

Shopping service via Tokyo Disney Resort app for customers not visiting Parks

‒Dec. 12

Trial mobile order service

Apr. 19‒25

2 + 3 2 + 3

* Refer to Appendix page 28.

Implemented measures that contribute to increasing the experience value and net sales while setting limits on attendance

2. Results for FY3/22 vs. FY3/21

[¥ billion]

Consolidated Statement of Income	FY3/21 Results	FY3/22 Results	Change Change
Net Sales 170.5	275.7	105.1 61.6%
Theme Park Segment 134.2 Hotel Business Segment 28.6 Other Business Segment 7.6	218.5	84.2 62.8%
47.4	18.8 65.7%
9.7	2.0 27.0%
Operating Profit (Loss) (45.9)	7.7	53.7 -
Theme Park Segment (41.9) Hotel Business Segment (1.9) Other Business Segment (2.3)	2.5	44.4 -
4 6.2	8.1 -
(1.3)	1.0 -
Ordinary Profit (Loss) (49.2)	11.2	60.4 -
Extraordinary Income -	0.4	0.4 -
Extraordinary Losses 18.5	-	(18.5) -
Profit (Loss) before Income Taxes (67.8)	11.6	79.5 -
Profit (Loss) Attributable to Owners of Parent (54.1)	8.0	62.2 -

Net sales increased year on year, primarily due to a rise in attendance, resulting in a return to profitability

2. Results for FY3/22 vs. FY3/21 - Main Reasons for Change

Theme Park Segment [1]	FY3/21 Results	FY3/22 Results	Change Change
Net Sales [ billion] 134.2	218.5	84.2 62.8%
Attendance [million people] 7.56	12.05	4.49 59.5%
Net Sales per Guest [] 13,642	14,834	1,192 8.7%
Ticket Receipts [] Merchandise [] Food and Beverages [] 6,538 4,122 2,982	7,049	511 7.8%
4,548	426 10.3%
3,237	255 8.6%

Increase in attendance

・Increase due to eased limit on attendance ・Increase due to temporary closure in 1Q of FY3/21

Increase in net sales per Guest

・Increa5se in ticket receipts ー Increase due to larger proportion of high-priced tickets owing to variable pricing

・Increase in merchandise ー Increase in products related to Tokyo DisneySea 20th

Anniversary ー Increase in Duffy-related products

・Increase in food and beverages ー Increase in menu items related to Tokyo DisneySea 20th

Anniversary ー Increase due to generation of dining opportunities resulting from restaurants resuming business

Net sales increased year on year due to rises in attendance and net sales per Guest