Consolidated Financial Statements for the Second Quarter ofthe Fiscal Year Ending March 31, 2024 (Japanese accounting standards)
October 30, 2023
These financial statements have been prepared for reference only in accordance with accounting principles and practices generally accepted in Japan.

Oriental Land Co., Ltd.
Code number: 4661, Prime Market of the Tokyo Stock Exchange
URL: https://www.olc.co.jp/en/
Representative: Kenji Yoshida, Representative Director and President
Contact: Yutaka Yokoyama, Director of Finance/Accounting Department
Planned Date for Submission of the Quarterly Report: November 14, 2023
Planned Date for Start of Dividend Payment: December 4, 2023
Supplementary materials for the quarterly financial statements: Yes
Briefing session on quarterly financial results:
Yes (for institutional investors)
Note: All amounts are rounded down to the nearest million yen.

1. Consolidated Results for the Second Quarter of the Fiscal Year Ending March 31, 2024
(April 1, 2023 to September 30, 2023)(1) Consolidated Operating Results (Cumulative total)(Percentages represent change compared with the same period of the previous fiscal year.)Net sales

Operating profit (loss)(¥ million)(%)
Six months ended September 30, 2023
284,330
39.3
Six months ended September 30, 2022
204,043109.1
Note: Comprehensive income:Six months ended September 30, 2023: ¥ 61,456 million (111.4%)
Six months ended September 30, 2022: ¥ 29,077 million (—%)(¥ million)
77,071
37,993

(%)
102.9
—

Ordinary profit (loss)(¥ million)
77,74538,584

(%)
101.5
—

Earnings per share(diluted)(¥ million)
(%)
(¥)
(¥)
Six months ended September 30, 2023
54,549
106.2
33.30
32.70
—
Six months ended September 30, 2022
26,45916.16
15.91
Note: On April 1, 2023, Oriental Land Co., Ltd. conducted a 5-for-1 common stock split. Earnings per share and diluted earnings per
Profit (Loss) attributable to owners of parent

Earnings per share

share have been calculated on the presumption that the stock split was conducted at the beginning of the previous fiscal year.

(2) Consolidated Financial Position
Total assets(¥ million)
1,265,125
1,206,419

As of September 30, 2023
As of March 31, 2023
Reference: Shareholders’ equity:
As of September 30, 2023: ¥884,564 million

Net assets(¥ million)
884,564
829,689

Shareholders’ equityratio(%)
69.9
68.8

Net assets per share(¥)
539.95506.50

As of March 31, 2023: ¥829,689 million
Note: On April 1, 2023, Oriental Land Co., Ltd. conducted a 5-for-1 common stock split. Net assets per share have been calculated on
the presumption that the stock split was conducted at the beginning of the previous fiscal year.

2. Dividends
Annual dividends (¥)
First quarter-end

Second quarter-end

Third quarter-end

Year-end

Total

Fiscal Year ended March 31, 2023

—18.00

—

22.00

40.00

Fiscal Year ending March 31, 2024

—

5.00
—

6.00

11.00

Fiscal Year ending March 31, 2024 (Est.)
Notes(1) Revisions to the latest announcement regarding dividend projection: Yes(2) On April 1, 2023, the Company conducted a 5-for-1 common stock split. Dividends prior to the end of the fiscal year ended March31, 2023 are presented in actual value terms on a pre-split basis.

3. Projected Consolidated Results for the Fiscal Year Ending March 31, 2024
(April 1, 2023 to March 31, 2024)(Percentages represent change compared with the previous fiscal year or the same quarter of the previous fiscal year, as applicable.)
Profit (Loss)
Earnings
Operating profit
Net sales
Ordinary profit (loss)
attributable toper share(loss)
owners of parent(¥ million)(%)(¥ million)(%)(¥ million)(%)(¥ million)(%)(¥)
Fiscal Year ending
594,68823.1
146,70931.9
147,36431.8
105,180
30.3
64.20
March 31, 2024
Note: Revisions to the latest announcement regarding result projection: Yes*Notes(1) Changes in Major Subsidiaries during the Six Months Ended September 30, 2023 (Changes in specified subsidiaries due tochanges in the scope of consolidation): None

(2) Application of Special Accounting Methods for Quarterly Consolidated Financial Statements: None
(3) Changes in Accounting Policies, Changes in Accounting Estimates, or Restatement(a) Changes in accounting policies due to changes in accounting standards: None(b) Changes other than (a) above: None(c) Changes in accounting estimates: None(d) Restatement: None
(4) Number of Shares Issued and Outstanding (Common stock)(a) Number of shares issued at end of period Six months ended1,818,450,800 Year ended
1,818,450,800
September 30, 2023:
shares March 31, 2023:
shares(including treasury stock)Six months ended
180,207,655 Year ended
180,364,610(b) Number of treasury stock at end of
September 30, 2023:
shares March 31, 2023:
sharesperiod
Six months ended
1,638,160,702 Six months ended
1,637,762,840(c) Average number of shares outstanding
September 30, 2023:
shares September 30, 2022:
shares(quarterly cumulative period)
Notes:(1) On April 1, 2023, the Company conducted a 5-for-1 common stock split. Number of shares issued and outstanding(common stock) has been calculated on the presumption that the stock split was conducted at the beginning of the previous
fiscal year.
(2) Number of treasury shares includes shares owned by the ESOP trust account of the employee stock plan.

* The Company’s quarterly consolidated financial statements are not subject to quarterly financial review bycertified public accountants or an auditing firm.
* Explanation on the Appropriate Usage of Performance Projections and Other Specific Matters
・The projections and other statements with respect to the future included in this material are based on currently available informationand certain assumptions that are judged reasonable by the Company. Please be advised that the Company does not guarantee in any
way the achievement of the projections and other goals in this material and that cases may occur where the actual results and othersituations differ materially from the projections due to various factors.
・The Company is scheduled to hold a financial results presentation for institutional investors and analysts on Monday, October 30,
2023. Materials used at the presentation and the outline of its Q&A session will be promptly posted on the Company’s website
following the event.

Quarterly Consolidated Financial Statements and Key Notes(1) Quarterly Consolidated Balance Sheets
At the end of
the previous fiscal year
(March 31, 2023)

Items(Millions of yen)
At the end of
the second quarter(September 30, 2023)

ASSETS
Current assets
Cash and deposits

213,234

223,689

Notes and accounts receivable—trade, and contract assets

22,07830,375

Securities

84,994

104,989

Merchandise and finished goods

13,752

16,52375446

Raw materials and supplies

Work in process

9,183

10,327Other

5,632

6,435

10(2)

348,941

392,784

Buildings and structures, net

335,551

328,568

Machinery, equipment and vehicles, net

48,00645,548Land

115,890

115,890

Construction in progress

257,669

272,730

Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment

Other, net

14,401

14,322

Total property, plant and equipment

771,518

777,058

Other

17,492

16,508

Total intangible assets

17,492

16,508Intangible assets

Investments and other assets
68,562

78,868

Allowance for doubtful accounts

Other95)(95)

Total investments and other assets

68,467

78,773

Total non-current assets
Total assets

1857,477

872,340

1,206,419

1,265,125

At the end of
the previous fiscal year
(March 31, 2023)(Millions of yen)
At the end of
the second quarter(September 30, 2023)

Notes and accounts payable—trade

20,305

16,494Current portion of bonds payable

30,00060,000

Items
LIABILITIESCurrent liabilities

Current portion of long-term borrowings

5,557

5,996

Income taxes payable

18,35520,753

Other87,031

87,141

Total current liabilities161,249

190,386

200,000

170,000

5,407

3,997

Non-current liabilities
Bonds payable
Long-term borrowings
Provision for share awards

229

228

Retirement benefit liability

4,200

4,487

Other

5,643

11,461

215,480

190,174

376,730

380,561

63,201

63,201

Total non-current liabilities
Total liabilities
NET ASSETS
Shareholders’ equity
Share capital
Capital surplus

115,628

115,672

Retained earnings

748,481795,816

Treasury shares

112,282)(111,695)

Total shareholders’ equity

815,027

862,994

13,72920,775932

793

14,661

21,569Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Total net assets
Total liabilities and net assets

2829,689

884,564

1,206,419

1,265,125

(2) Quarterly Consolidated Statements of (Comprehensive) Income(Quarterly Consolidated Statements of Income)Six months ended September 30, 2023

(April 1, 2022
to September 30, 2022)(Millions of yen)Six months ended
September 30, 2023
(April 1, 2023
to September 30, 2023)

Six months ended
September 30, 2022

Items
Net sales

204,043284,330

Cost of sales

130,490

167,923

Gross profit (loss)

73,553

116,407

Selling, general and administrative expenses

35,55939,335

Operating profit (loss)

37,99377,071Non-operating income
Interest income

5466

Dividend income

287

331

Share of profit of entities accounted for using equity method—

169

Insurance received and insurance dividends

258

288

Subsidy income
Other
Total non-operating income

* 194

—

483

434

1,279

1,289

180

178

Non-operating expenses
Interest expenses
Share of loss of entities accounted for using equity method

25—Commission expenses

268

268

Other213

168

Total non-operating expenses

687

615

Ordinary profit (loss)

38,58477,745

Profit (Loss) before income taxes

38,58477,745

Income taxes—current

6,368

20,226

Income taxes—deferred

5,756

2,969

Total income taxes

12,12523,196

Profit (Loss)

26,45954,549Profit (Loss) attributable to owners of parent

26,45954,5493

(Quarterly Consolidated Statements of Comprehensive Income)Six months ended September 30, 2023
Six months ended
September 30, 2022(April 1, 2022
to September 30, 2022)

Items
Profit (Loss)(Millions of yen)Six months ended
September 30, 2023
(April 1, 2023
to September 30, 2023)

26,45954,549Other comprehensive income
Valuation difference on available-for-sale securities

2,768

7,045

Deferred gains or losses on hedges

38)—

Remeasurements of defined benefit plans, net of tax112)

138)

Total other comprehensive income
Comprehensive income

2,618

6,907

29,07761,45629,07761,456——Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests4(3) Notes Regarding the Consolidated Financial Statements for the Second Quarter Under Review
Notes Regarding Going Concern Assumption: None
Notes Regarding the Occurrence of Significant Changes in Amount of Shareholders’ Equity: None
Matters Concerning Consolidated Statements of Income* Subsidy income
This is the income from the subsidies for cooperation paid by local governments for the reduction of operating
hours in an effort to prevent the spread of COVID-19.
Segment Information
1. Six months ended September 30, 2022 (April 1, 2022 to September 30, 2022)
A. Net Sales and Profit (Loss) by Reportable Segment and Breakdown of Revenue
Reportable Segments
ThemePark

Hotel

Other
Business*1

TotalTotal(Millions of yen)Amount statedon theAdjustment
QuarterlyConsolidated*2
Statements ofIncome*3

Net sales
Attractions and81,757—
81,757—81,757—81,757shows
Merchandise
51,191—
51,191—
51,191—
51,191
Food and28,645—
28,645—28,645—28,645
beverages
Other revenue
3,005
—
3,005
—
3,005
—
3,005
Hotel—
33,842
33,842—
33,842—
33,842Other——
—
5,600
5,600
—
5,600
Revenues from
164,600
33,842
198,443
5,600
204,043—
204,043
external customers
Transactions with
4,176
328
4,505
1,995
6,501
(6,501)—other segments
Total
168,777
34,170202,948
7,596
210,544(6,501)
204,043
Segment profit (loss)
31,343
6,943
38,287(428)
37,858134
37,993
Notes: 1. The “Other Business” segment, which includes the Ikspiari, monorail, and employee cafeteria businesses, etc., isnot a reportable segment.
2. The segment profit (loss) adjustment amount of 134 million yen is the result of elimination of intersegment
transactions.
3. The segment profit (loss) is adjusted to be recorded as operating profit (loss) in the Quarterly Consolidated
Statements of Income.
B. Information regarding impairment loss on fixed assets and goodwill by reportable segment: None5

2. Six months ended September 30, 2023 (April 1, 2023 to September 30, 2023)
A. Net Sales and Profit (Loss) by Reportable Segment and Breakdown of Revenue
Reportable Segments
ThemePark

Hotel

Other
Business*1

TotalTotal(Millions of yen)Amount statedon theAdjustment
QuarterlyConsolidated*2
Statements ofIncome*3Net sales
Attractions and110,655—
110,655—
110,655—
110,655
shows
Merchandise
77,968—77,968—77,968—77,968
Food and40,953—
40,953—
40,953—
40,953beverages
Other revenue
4,366
—
4,366
—
4,366
—
4,366
Hotel
—
42,80442,804—42,804—42,804
Other—
—
—
7,581
7,581
—
7,581
Revenues from
233,944
42,804
276,749
7,581
284,330—
284,330
external customers
Transactions with
5,188
363
5,552
1,910
7,463
(7,463)—other segments
Total
239,133
43,168282,301
9,492291,793(7,463)284,330
Segment profit (loss)
62,947
13,38476,331
538
76,870201
77,071
Notes: 1. The “Other Business” segment, which includes the Ikspiari, monorail, and employee cafeteria businesses, etc., isnot a reportable segment.
2. The segment profit (loss) adjustment amount of 201 million yen is the result of elimination of intersegment
transactions.
3. The segment profit (loss) is adjusted to be recorded as operating profit (loss) in the Quarterly Consolidated
Statements of Income.
B. Information regarding impairment loss on fixed assets and goodwill by reportable segment: None6