Oriental Land achieves record first quarter revenue and profit

Oriental Land Co announced record consolidated net sales of 163.7bn yen and operating profit of 38.7bn yen for the first quarter ending June 30, representing year-over-year increases of 10.3% and 16.3% respectively.

The Theme Park segment saw net sales rise 8.1% to 131.2bn yen, while the Hotel Business segment soared 25.1% to 28.5bn yen, driven by the Tokyo DisneySea Fantasy Springs Hotel.

The results outperformed forecasts, with both attendance and net sales per guest higher than projected.