Earnings Alerts

Oriental Land (4661) Earnings: 1Q Operating Income Falls Short of Estimates

  • Oriental Land‘s 1Q operating income: 33.34 billion yen, missed the estimate of 35.81 billion yen, and down 14% y/y.
  • Theme park operating profit: 28.17 billion yen, down 13% y/y.
  • Hotel operating profit: 4.32 billion yen, missed the estimate of 5.4 billion yen, and down 27% y/y.
  • Other Business operating profit: 649 million yen, significantly above the y/y comparison of 175 million yen, and exceeded the estimate of 168.8 million yen.
  • Net income: 24.45 billion yen, marginally above the estimate of 24.4 billion yen, down 11% y/y.
  • Net sales: 148.42 billion yen, missed the estimate of 153.28 billion yen, but up 5.6% y/y.
  • Theme park sales: 121.40 billion yen, trailed the estimate of 125.68 billion yen, but up 4.2% y/y.
  • Hotel sales: 22.80 billion yen, exceeded the estimate of 22.38 billion yen, up by a significant 12% y/y.
  • Other Business sales: 4.23 billion yen, above the estimate of 4.09 billion yen, and up 14% y/y.
  • 2025 Forecast:
    • Operating income is projected at 170.00 billion yen, below the estimate of 188.52 billion yen.
    • Net income is seen at 120.52 billion yen, missing the estimate of 132.16 billion yen.
    • Net sales are projected at 684.76 billion yen, less than the estimate of 710.39 billion yen.
    • Dividend is expected to be 14.00 yen, slightly under the estimate of 14.18 yen.
  • Analyst Ratings: 10 buys, 7 holds, 1 sell.

Oriental Land on Smartkarma

Analysts on Smartkarma have varying perspectives on Oriental Land. Travis Lundy‘s analysis, “Updated Tool & ‘Diff File Generator’ For TSE ‘Mgmt Conscious of Capital Cost/Stock Price'”, takes a bearish stance, highlighting the TSE’s request for companies to disclose their approach to capital cost and stock price. In contrast, Clarence Chu‘s report, “Oriental Land Co Placement – Relatively Small One to Digest, Overhang Might Not Be as Large”, leans bullish, discussing Keisei Electric Railway’s plan to sell a 1% stake in Oriental Land to unlock shareholder value. However, Oshadhi Kumarasiri‘s analysis, “Oriental Land: A Storm Brewing from Activist Coalition”, adopts a bearish view, focusing on activist investor Elliott Management’s push for Mitsui Fudosan to sell its stake in Oriental Land.


A look at Oriental Land Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience4
Momentum3
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts at Smartkarma have assigned Oriental Land a mix of Smart Scores that portray a bright long-term outlook for the company. With a strong growth score of 5, it indicates that Oriental Land has significant potential for expansion and development in the future. Additionally, the company has been marked with a resilience score of 4, highlighting its ability to withstand economic fluctuations and challenges. Coupled with a momentum score of 3, suggesting a positive trend in performance, Oriental Land seems poised for continued success.

Oriental Land, the operator of Tokyo Disney Resort, has been rated with a value score of 2 and a dividend score of 2 by Smartkarma analysts. While the value score may indicate some room for improvement in terms of valuation metrics, the overall outlook for the company appears promising based on its high growth, resilience, and momentum scores. As Oriental Land continues to operate restaurants and merchandise sales within the complex, its diverse revenue streams position it well for future growth and stability in the market.

### ORIENTAL LAND CO., LTD. operates Tokyo Disney Resort. The Company also operates restaurants within the complex and sells Disney merchandise. ###


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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