Oriental Land, which runs Tokyo Disney Resort, beat its own interim forecast by a wide margin, and its board raised the dividend. For April to September 2026, operating profit was ¥78.5bn against a forecast of ¥58.9bn, 33.2% higher, and net sales were ¥348.7bn against ¥324.0bn. Net profit attributable to owners of the parent was ¥61.9bn, versus a forecast of ¥45.5bn.
The company's explanation is specific. It said the 25th-anniversary event at Tokyo DisneySea, "Sparkling Jubilee", and similar factors raised theme-park attendance and spending per guest above plan.
A higher full-year guide
Based on the interim results and recent trends, Oriental Land raised its forecast for the year to March 2027. Net sales are now expected at ¥763.3bn (previously ¥724.3bn), operating profit at ¥185.5bn (¥160.8bn) and net profit at ¥133.5bn (¥113.8bn). Annual attendance is now forecast at 28.5mn, up 1.8% from the earlier 28mn. The company added that actual results may differ from the forecast.
Ordinary profit rose faster than operating profit, partly because non-operating income reached ¥14.7bn. The company's results presentation ties that figure partly to a hotel sale linked to an Okinawa investment.
Dividend follows
The board, meeting on October 29, 2026, set an interim dividend of ¥9 a share, ¥1 above its earlier forecast and ¥2 above the prior-year interim. It also raised the year-end forecast to ¥9 from ¥8, taking the annual forecast to ¥18 from ¥16. The interim payout totals about ¥14.79bn and takes effect on December 9, 2026.
Oriental Land said the increases follow the interim results and its full-year outlook, and that its 2035 long-term strategy targets a dividend payout ratio of 30% by 2035.