Cash flow Oriental Land Co., Ltd.

Equities

4661

JP3198900007

Leisure & Recreation

Delayed Japan Exchange Other stock markets 04:59:35 18/07/2025 BST			5-day change	1st Jan Change
3,131.00 ^JPY	+1.16%		+2.49%	-8.53%

06-06	Japan's Nikkei rises on demand for futures, a weaker yen	RE
04-28	Oriental Land Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2025 and Year Ending March 31, 2026	CI

36d443e1e2f69cb912418f.NYgiN4IPhaf-g1TGGnRy3y3HD8RM213-ujqnyP6uxDg.YLsWZPt4z86W-Ru0Th8ws3WeVbIc42ic0GvgjMzcoWhx12h25nuok8nQDQ

Published financial data: ORIENTAL LAND CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	171B	276B	483B	618B	679B
Total Revenues	171B	276B	483B	618B	679B
Cost of Goods Sold, Total	170B	210B	297B	369B	406B
Gross Profit	903M	65.74B	186B	250B	273B
Selling General & Admin Expenses, Total	42.13B	58.01B	75.03B	84.08B	101B
Depreciation & Amortization - (IS)	5.79B	807M	-	-	-
Other Operating Expenses, Total	47.92B	58.82B	75.03B	84.08B	101B
Operating Income	-47.01B	6.93B	111B	165B	172B
Interest Expense, Total	-353M	-455M	-362M	-350M	-1.44B
Interest And Investment Income	609M	653M	585M	713M	1.78B
Net Interest Expenses	256M	198M	223M	363M	340M
Income (Loss) On Equity Invest.	-485M	-480M	-90M	183M	256M
Other Non Operating Income (Expenses)	-1.96B	4.63B	657M	20M	620M
EBT, Excl. Unusual Items	-49.2B	11.28B	112B	166B	173B
Gain (Loss) On Sale Of Investments	-	421M	239M	-	241M
Gain (Loss) On Sale Of Assets	-	-	-202M	-	-
Asset Writedown	-5.63B	-	-	-	-
Other Unusual Items	-12.96B	-	-	-	-
EBT, Incl. Unusual Items	-67.8B	11.7B	112B	166B	174B
Income Tax Expense	-13.61B	3.63B	31.29B	45.78B	49.41B
Earnings From Continuing Operations	-54.19B	8.07B	80.73B	120B	124B
Net Income to Company	-54.19B	8.07B	80.73B	120B	124B
Net Income - (IS)	-54.19B	8.07B	80.73B	120B	124B
Net Income to Common Incl Extra Items	-54.19B	8.07B	80.73B	120B	124B
Net Income to Common Excl. Extra Items	-54.19B	8.07B	80.73B	120B	124B
Per Share Items
Net EPS - Basic	-33.1	4.93	49.29	73.39	75.62
Basic EPS - Continuing Operations	-33.1	4.93	49.29	73.39	75.62
Basic Weighted Average Shares Outstanding	1.64B	1.64B	1.64B	1.64B	1.64B
Net EPS - Diluted	-33.1	4.92	48.48	72.12	75.62
Diluted EPS - Continuing Operations	-33.1	4.92	48.48	72.12	75.62
Diluted Weighted Average Shares Outstanding	1.64B	1.68B	1.67B	1.67B	1.64B
Normalized Basic EPS	-18.79	4.3	42.73	63.33	65.98
Normalized Diluted EPS	-18.79	4.19	41.93	62.13	65.98
Dividend Per Share	5.2	5.6	8	13	-
Payout Ratio	-21.11	105.5	13.39	12.78	19.87
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	-1.12B	51.03B	158B	212B	238B
EBITA	-47.01B	6.93B	111B	165B	172B
EBIT	-47.01B	6.93B	111B	165B	172B
Effective Tax Rate - (Ratio)	20.08	31.04	27.93	27.58	28.47
Normalized Net Income	-30.75B	7.05B	69.99B	104B	108B
Non-Cash Pension Expense	-702M	-1B	-1.04B	-1.09B	-1.12B

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	197B	200B	213B	285B	323B
Short Term Investments	33.5B	35B	84.99B	112B	138B
Total Cash And Short Term Investments	231B	235B	298B	397B	461B
Accounts Receivable, Total	12.03B	15.36B	22.05B	28.84B	30.62B
Total Receivables	12.03B	15.36B	22.05B	28.84B	30.62B
Inventory	21.53B	14.95B	23.01B	19.5B	27.6B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	9.76B	6.22B	5.66B	6.87B	5.83B
Total Current Assets	274B	271B	349B	452B	525B
Net Property Plant And Equipment	666B	720B	772B	798B	821B
Long-term Investments	66.02B	60.32B	65.5B	85.86B	72.07B
Goodwill	-	-	-	-	-
Other Intangibles, Total	17.11B	18.33B	17.49B	15.88B	15.55B
Deferred Tax Assets Long-Term	17.64B	16.58B	2.97B	3.65B	4.89B
Other Long-Term Assets, Total	1M	1M	1M	1M	1M
Total Assets	1,040B	1,087B	1,206B	1,355B	1,439B
Liabilities
Accounts Payable, Total	9.07B	12.16B	20.3B	23.76B	23.61B
Current Portion of Long-Term Debt	33.86B	5.25B	35.56B	67.7B	54.71B
Current Income Taxes Payable	9.02B	2.58B	18.36B	37.94B	34.46B
Other Current Liabilities	69.42B	65.26B	87.03B	118B	123B
Total Current Liabilities	121B	85.25B	161B	247B	236B
Long-Term Debt	152B	237B	205B	141B	212B
Pension & Other Post Retirement Benefits	3.03B	3.64B	4.2B	4.8B	5.21B
Deferred Tax Liability Non Current	-	-	1.2B	7.92B	4.3B
Other Non Current Liabilities	3.75B	4.28B	4.68B	4.7B	3.77B
Total Liabilities	281B	331B	377B	406B	461B
Common Stock, Total	63.2B	63.2B	63.2B	63.2B	63.2B
Additional Paid In Capital	112B	115B	116B	116B	111B
Retained Earnings	679B	679B	748B	853B	931B
Treasury Stock	-109B	-113B	-112B	-111B	-144B
Comprehensive Income and Other	14.72B	12.8B	14.66B	28.35B	16.38B
Total Common Equity	760B	756B	830B	950B	977B
Total Equity	760B	756B	830B	950B	977B
Total Liabilities And Equity	1,040B	1,087B	1,206B	1,355B	1,439B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.64B	1.64B	1.64B	1.64B	1.64B
ECS Total Common Shares Outstanding	1.64B	1.64B	1.64B	1.64B	-
Book Value / Share	464.14	461.82	506.5	579.56	596.35
Tangible Book Value	743B	738B	812B	934B	962B
Tangible Book Value Per Share	453.69	450.63	495.82	569.86	586.86
Total Debt	186B	243B	241B	209B	267B
Net Debt	-44.59B	7.78B	-57.26B	-188B	-195B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-5.83B	-5.99B	-4.82B	-6.93B	-5.76B
Inventories - Raw Materials, Total	8.9B	8.78B	9.18B	10.03B	11.48B
Inventories - Work In Process, Total	118M	109M	75M	86M	127M
Inventories - Finished Goods, Total	12.51B	6.06B	13.75B	9.38B	16B
Full Time Employees	8.78K	9.09K	8.94K	9.72K	10.51K
Accumulated Allowance for Doubtful Accounts (Supple)	8M	10M	10M	3M	1M

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	-67.8B	11.7B	112B	166B	174B
Depreciation & Amortization - CF	45.9B	44.1B	46.33B	46.7B	65.42B
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	45.9B	44.1B	46.33B	46.7B	65.42B
(Gain) Loss From Sale Of Asset	5.63B	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-429M	-239M	-	-241M
(Income) Loss On Equity Investments - (CF)	485M	480M	90M	-183M	-256M
Other Operating Activities, Total	-320M	-7.4B	-2.37B	-26.52B	-52.71B
Change In Accounts Receivable	-5.01B	-2.12B	-6.52B	-6.78B	-1.79B
Change In Inventories	-1.44B	5.36B	-8.06B	3.51B	-8.1B
Change In Accounts Payable	-3.65B	10.13B	13.46B	-5.11B	18B
Change in Other Net Operating Assets	2.37B	-7.22B	13.01B	20.05B	1.5B
Cash from Operations	-23.83B	54.6B	168B	198B	195B
Capital Expenditure	-112B	-98.84B	-88.52B	-48.33B	-100B
Sale of Property, Plant, and Equipment	-	-	-	-	-
Sale (Purchase) of Intangible assets	-5.34B	-6.36B	-4.69B	-4.37B	-2.65B
Investment in Marketable and Equity Securities, Total	-43.45B	-38.17B	-51B	31.71B	-150B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	-336M	4.39B	-221M	-285M	-41M
Cash from Investing	-161B	-139B	-144B	-21.26B	-253B
Long-Term Debt Issued, Total	103B	86.59B	-	-	121B
Total Debt Issued	103B	86.59B	-	-	121B
Long-Term Debt Repaid, Total	-4.58B	-30.35B	-1.68B	-32.01B	-63.67B
Total Debt Repaid	-4.58B	-30.35B	-1.68B	-32.01B	-63.67B
Issuance of Common Stock	1.31B	1.34B	1.58B	1.79B	2.3B
Repurchase of Common Stock	-1M	-142M	-	-4M	-61.83B
Common & Preferred Stock Dividends Paid	-11.44B	-8.51B	-10.81B	-15.36B	-24.67B
Common & Preferred Stock Dividends Paid	-11.44B	-8.51B	-10.81B	-15.36B	-24.67B
Other Financing Activities, Total	-13M	-2M	-23M	-37M	-25M
Cash from Financing	88.72B	48.93B	-10.94B	-45.62B	-26.87B
Foreign Exchange Rate Adjustments	-	-	-	-	-
Miscellaneous Cash Flow Adjustments	1M	1M	-1M	-1M	-
Net Change in Cash	-95.85B	-35.45B	12.36B	131B	-84.62B
Supplemental Items
Cash Interest Paid	347M	455M	362M	357M	960M
Cash Income Tax Paid (Refund)	389M	7.38B	2.42B	26.59B	52.92B
Levered Free Cash Flow	-117B	-57.78B	53.92B	146B	62.45B
Unlevered Free Cash Flow	-117B	-57.5B	54.14B	147B	63.35B
Change In Net Working Capital	16.15B	731M	-31.52B	-49.09B	6.94B
Net Debt Issued / Repaid	98.86B	56.24B	-1.68B	-32.01B	57.35B

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	-2.87	0.41	6.06	8.07	7.7
Return on Total Capital	-3.17	0.45	6.72	9.28	8.95
Return On Equity %	-6.86	1.06	10.18	13.51	12.89
Return on Common Equity	-6.86	1.06	10.18	13.51	12.89
Margin Analysis
Gross Profit Margin %	0.53	23.84	38.55	40.34	40.21
SG&A Margin	24.7	21.04	15.53	13.59	14.88
EBITDA Margin %	-0.65	18.51	32.61	34.3	34.96
EBITA Margin %	-27.56	2.51	23.02	26.75	25.33
EBIT Margin %	-27.56	2.51	23.02	26.75	25.33
Income From Continuing Operations Margin %	-31.77	2.93	16.71	19.44	18.28
Net Income Margin %	-31.77	2.93	16.71	19.44	18.28
Net Avail. For Common Margin %	-31.77	2.93	16.71	19.44	18.28
Normalized Net Income Margin	-18.03	2.56	14.49	16.78	15.95
Levered Free Cash Flow Margin	-68.47	-20.96	11.16	23.65	9.19
Unlevered Free Cash Flow Margin	-68.34	-20.85	11.21	23.69	9.32
Asset Turnover
Asset Turnover	0.17	0.26	0.42	0.48	0.49
Fixed Assets Turnover	0.27	0.4	0.65	0.79	0.84
Receivables Turnover (Average Receivables)	17.72	20.13	25.83	24.31	22.85
Inventory Turnover (Average Inventory)	8.15	11.51	15.64	17.36	17.25
Short Term Liquidity
Current Ratio	2.26	3.18	2.16	1.83	2.23
Quick Ratio	2	2.94	1.99	1.72	2.09
Operating Cash Flow to Current Liabilities	-0.2	0.64	1.04	0.8	0.83
Days Sales Outstanding (Average Receivables)	20.6	18.13	14.13	15.06	15.97
Days Outstanding Inventory (Average Inventory)	44.76	31.71	23.34	21.08	21.16
Average Days Payable Outstanding	24.52	19.05	19.43	22.07	20.87
Cash Conversion Cycle (Average Days)	40.84	30.79	18.04	14.08	16.27
Long Term Solvency
Total Debt/Equity	24.5	32.08	29.04	22.01	27.28
Total Debt / Total Capital	19.68	24.29	22.51	18.04	21.43
LT Debt/Equity	20.05	31.39	24.76	14.88	21.69
Long-Term Debt / Total Capital	16.1	23.76	19.19	12.19	17.04
Total Liabilities / Total Assets	26.96	30.41	31.23	29.93	32.05
EBIT / Interest Expense	-133.18	15.22	307.19	472.68	119.69
EBITDA / Interest Expense	-3.16	112.15	435.16	606.11	165.18
(EBITDA - Capex) / Interest Expense	-319.33	-105.07	190.64	468.04	95.61
Total Debt / EBITDA	-167.02	4.75	1.53	0.98	1.12
Net Debt / EBITDA	39.99	0.15	-0.36	-0.89	-0.82
Total Debt / (EBITDA - Capex)	-1.65	-5.08	3.49	1.28	1.94
Net Debt / (EBITDA - Capex)	0.4	-0.16	-0.83	-1.15	-1.42
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-63.27	61.64	75.22	28.02	9.84
Gross Profit, 1 Yr. Growth %	-99.45	7.18K	183.26	33.98	9.49
EBITDA, 1 Yr. Growth %	-100.82	-4.68K	208.7	34.67	11.97
EBITA, 1 Yr. Growth %	-148.54	-114.73	1.51K	48.77	4.03
EBIT, 1 Yr. Growth %	-148.54	-114.73	1.51K	48.77	4.03
Earnings From Cont. Operations, 1 Yr. Growth %	-187.1	-114.89	900.79	48.91	3.27
Net Income, 1 Yr. Growth %	-187.1	-114.89	900.79	48.91	3.27
Normalized Net Income, 1 Yr. Growth %	-150.18	-122.92	893.09	48.23	4.41
Diluted EPS Before Extra, 1 Yr. Growth %	-190.29	-114.86	885.68	48.74	4.86
Accounts Receivable, 1 Yr. Growth %	66.53	27.7	43.49	30.82	6.15
Inventory, 1 Yr. Growth %	7.18	-30.54	53.87	-15.25	41.52
Net Property, Plant and Equip., 1 Yr. Growth %	9	8.22	7.12	3.38	2.89
Total Assets, 1 Yr. Growth %	2.95	4.46	11	12.33	6.15
Tangible Book Value, 1 Yr. Growth %	-7.6	-0.65	10.06	14.96	3.02
Common Equity, 1 Yr. Growth %	-7.35	-0.48	9.7	14.45	2.93
Cash From Operations, 1 Yr. Growth %	-132.5	-329.09	207.18	17.85	-1.16
Capital Expenditures, 1 Yr. Growth %	-12.1	-11.44	-10.44	-45.4	107.02
Levered Free Cash Flow, 1 Yr. Growth %	96.51	-50.53	-193.31	171.31	-57.31
Unlevered Free Cash Flow, 1 Yr. Growth %	96.74	-50.68	-194.16	170.58	-56.76
Dividend Per Share, 1 Yr. Growth %	-40.91	7.69	42.86	62.5	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-43.03	-22.95	68.29	49.77	18.58
Gross Profit, 2 Yr. CAGR %	-93.27	-36.66	1.34K	94.81	21.12
EBITDA, 2 Yr. CAGR %	-91.84	-38.81	1.09K	103.89	22.8
EBITA, 2 Yr. CAGR %	-39.7	-73.26	53.79	388.7	24.41
EBIT, 2 Yr. CAGR %	-39.7	-73.26	53.79	388.7	24.41
Earnings From Cont. Operations, 2 Yr. CAGR %	-22.53	-63.99	22.06	286.05	24.01
Net Income, 2 Yr. CAGR %	-22.53	-63.99	22.06	286.05	24.01
Normalized Net Income, 2 Yr. CAGR %	-38.44	-66.09	50.86	283.67	24.41
Diluted EPS Before Extra, 2 Yr. CAGR %	-21.35	-63.37	21.03	282.9	24.89
Accounts Receivable, 2 Yr. CAGR %	-26.18	45.83	35.36	37.01	17.84
Inventory, 2 Yr. CAGR %	11.48	-13.72	3.38	14.19	9.51
Net Property, Plant and Equip., 2 Yr. CAGR %	13.76	8.61	7.67	5.23	3.13
Total Assets, 2 Yr. CAGR %	-0.52	3.7	7.68	11.66	9.2
Tangible Book Value, 2 Yr. CAGR %	-3	-4.19	4.56	12.48	8.82
Common Equity, 2 Yr. CAGR %	-2.73	-3.98	4.49	12.05	8.54
Cash From Operations, 2 Yr. CAGR %	-57.98	-13.71	165.28	90.27	7.93
Capital Expenditures, 2 Yr. CAGR %	19.18	-11.77	-10.94	-30.08	6.31
Levered Free Cash Flow, 2 Yr. CAGR %	54.43	-1.4	-32.06	59.11	7.62
Unlevered Free Cash Flow, 2 Yr. CAGR %	54.06	-1.49	-31.85	59.62	8.17
Dividend Per Share, 2 Yr. CAGR %	-21.32	-20.23	24.03	52.36	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-29.13	-19.35	1.32	53.63	35.06
Gross Profit, 3 Yr. CAGR %	-82.77	-30.91	4.36	551.33	60.77
EBITDA, 3 Yr. CAGR %	-80.39	-32.71	4.94	475.15	66.97
EBITA, 3 Yr. CAGR %	-24.8	-62.3	4.71	52.1	191.8
EBIT, 3 Yr. CAGR %	-24.74	-62.3	4.71	52.1	191.8
Earnings From Cont. Operations, 3 Yr. CAGR %	-12.61	-55.29	9.07	30.42	148.75
Net Income, 3 Yr. CAGR %	-12.61	-55.29	9.07	30.42	148.75
Normalized Net Income, 3 Yr. CAGR %	-23.9	-55.71	4.53	49.98	148.63
Diluted EPS Before Extra, 3 Yr. CAGR %	-11.22	-54.87	9.77	29.64	148.65
Accounts Receivable, 3 Yr. CAGR %	-15.56	-11.38	45.05	33.83	25.83
Inventory, 3 Yr. CAGR %	6.21	-4.78	4.63	-3.25	22.66
Net Property, Plant and Equip., 3 Yr. CAGR %	12.01	11.88	8.11	6.22	4.45
Total Assets, 3 Yr. CAGR %	4.35	1.11	6.08	9.21	9.79
Tangible Book Value, 3 Yr. CAGR %	1.37	-2.22	0.34	7.92	9.23
Common Equity, 3 Yr. CAGR %	1.72	-1.98	0.38	7.71	8.92
Cash From Operations, 3 Yr. CAGR %	-42.11	-26.04	31.75	102.42	52.95
Capital Expenditures, 3 Yr. CAGR %	26.51	7.95	-11.33	-24.35	0.41
Levered Free Cash Flow, 3 Yr. CAGR %	26.42	5.67	-3.2	7.79	2.62
Unlevered Free Cash Flow, 3 Yr. CAGR %	26.24	5.39	-2.96	7.91	3.28
Dividend Per Share, 3 Yr. CAGR %	-13.38	-12.64	-3.13	35.72	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-18.19	-10.41	0.16	3.31	7.9
Gross Profit, 5 Yr. CAGR %	-64.97	-18.08	1.08	4.59	10.77
EBITDA, 5 Yr. CAGR %	-62.15	-19.58	1.27	4.84	11.75
EBITA, 5 Yr. CAGR %	-15.26	-42.83	0.12	5.06	12.18
EBIT, 5 Yr. CAGR %	-15.22	-42.8	0.17	5.06	12.18
Earnings From Cont. Operations, 5 Yr. CAGR %	-6.02	-37.17	-0.11	5.89	14.82
Net Income, 5 Yr. CAGR %	-6.02	-37.17	-0.11	5.89	14.82
Normalized Net Income, 5 Yr. CAGR %	-14.74	-37.12	0.06	5.04	12.07
Diluted EPS Before Extra, 5 Yr. CAGR %	-5.09	-36.59	0.5	6.15	15.58
Accounts Receivable, 5 Yr. CAGR %	-14.11	-4.03	1.98	5.49	33.48
Inventory, 5 Yr. CAGR %	4.7	-2.81	5.07	2.4	6.56
Net Property, Plant and Equip., 5 Yr. CAGR %	8.68	9.77	10.25	9.17	6.09
Total Assets, 5 Yr. CAGR %	5.13	5.04	5.67	5.21	7.32
Tangible Book Value, 5 Yr. CAGR %	3.88	2.26	2.64	3.41	3.65
Common Equity, 5 Yr. CAGR %	3.99	2.47	2.82	3.4	3.57
Cash From Operations, 5 Yr. CAGR %	-26.47	-14.23	6.42	7.93	21.65
Capital Expenditures, 5 Yr. CAGR %	26.96	15.45	9.94	-9.26	-4.66
Levered Free Cash Flow, 5 Yr. CAGR %	10.21	0.05	-1.39	24.46	0.99
Unlevered Free Cash Flow, 5 Yr. CAGR %	10.13	-0.09	-1.35	24.43	1.35
Dividend Per Share, 5 Yr. CAGR %	-5.77	-5.68	0	9.13	-