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
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OLC - Oriental Land Co. Ltd. published this content on 27 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2022 07:14:04 UTC.