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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Oriental Land
Oriental Land (4661) investor relations material
Oriental Land Q2 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2027 earnings summary29 Oct, 2026
Executive summary
H1 FY2027 net sales rose 10.3% YoY to ¥348,742 million, operating profit increased 15.0% to ¥78,497 million, and net income rose 28.1% to ¥61,881 million.
H1 consolidated net sales, operating profit and operating cash flow reached records; operating cash flow was ¥94.4 billion.
Full-year FY2027 forecasts were revised upward, with net sales and all profit figures expected to reach record highs.
Financial highlights
H1 ordinary profit increased 29.9% YoY to ¥90,041 million; non-operating income included proceeds from the Hyatt Regency Seragaki Island Okinawa sale.
H1 results exceeded initial forecasts: net sales by 7.6%, operating profit by 33.2% and net income attributable to owners by 35.9%.
Gross profit was ¥133,083 million versus ¥118,750 million a year earlier; SG&A increased to ¥54,586 million from ¥50,508 million.
Comprehensive income was ¥60,811 million, compared with ¥60,701 million in H1 FY2026.
Outlook and guidance
Revised FY2027 forecast: net sales ¥763,334 million, operating profit ¥185,465 million, ordinary profit ¥195,784 million and net income ¥133,526 million.
Full-year attendance forecast is 28.50 million and net sales per guest ¥19,429; attendance is expected to remain near the initial forecast while per-guest spending exceeds it.
Theme Park FY net sales forecast is ¥622.9 billion and operating profit ¥148.7 billion; Hotels forecasts are ¥123.2 billion sales and ¥35.2 billion operating profit.
Interim and year-end dividend forecasts were each raised ¥1 to ¥9 per share, for an ¥18 annual dividend.
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Latest events from Oriental Land
- Investing in new attractions, hotels, and cruises to achieve ¥1 trillion sales by 2035.4661
Corporate presentation - Record Q1 profit and sales driven by anniversary events and strong guest spending.4661Q1 2027
- Record sales and per-guest spending drive results, but profits face pressure from rising costs.4661Q4 2026
- Record sales and profits driven by attractions and hotels, with guidance and dividends maintained.4661Q3 2026
- Record first-half sales and profit, but full-year profit is forecast to decline.4661Q2 2026
- First-half sales rose 4.5% year-over-year, but profit margins declined amid higher costs.4661Q2 2025
- Sales up 5.6%, profit down 13.8%; Disney cruise business to launch in Japan by FY2029.4661Q1 2025
- Record Q3 sales and profit, strong hotels, but 9M profit down; equity reshaped by share actions.4661Q3 2025
- Record sales and profits, but FY2026 profit expected to decline on higher costs.4661Q4 2025
Next Oriental Land earnings date
Q3 202728 Jan, 2027
Oriental Land
Next Oriental Land earnings date
Q3 202728 Jan, 2027
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Frequently asked questions
Oriental Land Co., Ltd. is a Japanese company primarily engaged in the operation and management of theme parks, hotels, and entertainment facilities. The company owns and operates Tokyo Disneyland and Tokyo DisneySea under a licensing agreement with The Walt Disney Company. In addition to its theme park business, Oriental Land Co. manages hotel properties and develops related retail and leisure facilities, catering to domestic and international visitors. The company is headquartered in Urayasu, Japan, and its shares are listed on the Tokyo Stock Exchange.