Financial Summary for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

Overview of Operating Results

For the fiscal year ending March 2026, consolidated net sales totaled 704,539 million yen (up 3.7% YoY), operating income was 168,413 million yen (down 2.1% YoY), ordinary income was 169,641 million yen (down 2.1% YoY), and net income attributable to owners of the parent was 121,881 million yen (down 1.8% YoY). The full-year operation of the new theme port 'Fantasy Springs' at Tokyo DisneySea and the hosting of new summer special events contributed to increased per guest spending at the theme parks. The hotel business experienced higher average room rates due to the operation of the Tokyo DisneySea Fantasy Springs Hotel; however, increased labor and other expenses led to the decline in operating income.

Performance by Segment

In the theme park segment, net sales were 568,345 million yen (up 2.9% YoY) and operating income was 130,488 million yen (down 7.1% YoY). The hotel segment performed well, with net sales of 119,049 million yen (up 7.8% YoY) and operating income of 36,851 million yen (up 20.9% YoY). Other businesses posted net sales of 17,144 million yen (up 2.3% YoY) and operating income of 481 million yen (down 22.9% YoY).

Financial Position and Cash Flow Status

Total assets stood at 1,629,076 million yen (up 13.2% YoY), net assets were 1,100,021 million yen (up 12.5% YoY), and the equity ratio was 67.5% (down 0.4 percentage points YoY). Cash flows from operating activities amounted to 181,281 million yen (decreased YoY), cash flows from investing activities were △172,096 million yen (improved YoY), and cash flows from financing activities were 38,556 million yen (compared to negative in the previous year).

Dividend Status and Outlook

The annual dividend for the fiscal year ending March 2026 was 15 yen (compared to 14 yen the previous year), representing an increase. The consolidated earnings forecast for the fiscal year ending March 2027 anticipates net sales of 724,312 million yen (up 2.8% YoY), operating income of 160,776 million yen (down 4.5% YoY), and net income attributable to owners of the parent of 113,797 million yen (down 6.6% YoY). The anniversary event 'Tokyo DisneySea 25th Anniversary “Sparkling Jubilee”' is expected to drive increases in park attendance and per guest spending, while incorporating expected increases in various expenses and labor costs.