Oriental Land shares surged 8.46% to 3,167 yen on July 31, hitting a year-to-date high during the trading session. The jump came after the company reported record quarterly results the previous day for the first quarter of the fiscal year ending March 2027, with revenue of 180.7 billion yen and operating profit of 47.7 billion yen, both beating market expectations. The revenue growth was driven by higher per-guest spending, boosted by the Tokyo DisneySea 25th anniversary event, with merchandise sales in particular jumping 21.0% year on year. The full-year earnings forecast was left unchanged due to weather uncertainty, but further measures to lift per-guest spending are planned from autumn onward, including a ticket price revision.
Oriental Land Co., Ltd.Record quarterly results driven by higher per-guest spending and 21% merchandise sales growth, beating expectations.