Financial Results Briefing for the Fiscal Year Ending March 2026

Overview of Performance

Consolidated net sales for the fiscal year ending March 2026 reached 704.5 billion yen, marking a 3.7% increase year-over-year. Theme park business net sales were 568.3 billion yen (up 2.9% YoY), while hotel business net sales reached 119.0 billion yen (up 7.8% YoY). On the other hand, operating income was 168.4 billion yen, a 2.1% decrease YoY, and net income attributable to owners of parent was 121.8 billion yen, down 1.8% YoY. Although net sales hit a record high, profit declined due to increased personnel and other expenses.

Segment Trends and Future Outlook

In the theme park business, visitor numbers remained nearly flat year-over-year, but sales per guest reached a record high. Revenues from attractions, shows, merchandise sales, and food and beverage sales all increased. The hotel business also achieved record high net sales and operating income due to higher room rates and full-year operation of the Tokyo DisneySea Fantasy Springs Hotel. For the fiscal year ending March 2027, a temporary decrease in profits is expected due to large-scale guest room renovation work at Disney hotels, but the company aims to contribute to earnings through various measures. The full-year forecast projects net sales of 724.3 billion yen (up 2.8% YoY), operating income of 160.7 billion yen (down 4.5% YoY), and net income of 113.7 billion yen (down 6.6% YoY).