Good afternoon, everyone. I am Tomoyuki Shimoda. Thank you very much for coming to our Financial Presentation today despite your busy schedule. I'd like to provide you with an overview of the Financial Results for the First Quarter of the Fiscal Year ending March 2026. The results for the 1st three months are as shown here. In comparison with the same period of the previous fiscal year, both net sales and operating profit increased due to a rise in net sales per guest and growth in hotel revenue. Please refer to page three. Financial results for the 1st quarter of the past few fiscal years are as shown here. Consolidated net sales, operating profit, and operating cash flow for the 1st quarter under review reached record highs mainly due to the full fiscal year operation of Fantasy Springs.
We lifted all restrictions on the operations of Fantasy Springs in April 2025, allowing more guests to enjoy the themed port. We will keep working toward enhancing our financial performance by further leveraging Fantasy Springs, the large-scale project we have spent years developing. Please refer to page four. I will explain the results by segment and the reasons for change. Net sales for the theme park segment increased by JPY 9.8 billion - JPY 131.2 billion.
Attendance remained roughly the same as in the 1st quarter of the previous fiscal year, primarily due to the full fiscal year operation of Fantasy Springs and an increase in the number of overseas guests, which offset the decrease resulting from the absence of a surge in demand for Space Mountain in the 1st quarter of Fiscal 2025 ahead of its closure and the decline owing to the higher number of rainy days on weekends. For your reference, compared with the same period of the previous fiscal year, attendance for the entire three months was roughly the same on a monthly basis. Attendance was about 7% higher in April, about 7% lower in May, and about the same in June.
Net sales per guest increased year- on- year for all revenues, attractions and shows increased primarily owing to higher revenue from Disney Premier Access of Fantasy Springs and an increase in sales of higher-priced tickets due to variable pricing. Merchandise revenue increased, primarily driven by products related to Duffy and Friends 20th Anniversary. Although the initial demand for products related to Fantasy Springs did slow down. Food and beverages revenue increased driven by the full fiscal year operation of restaurants within Fantasy Springs. Please refer to page five. Operating profit for the theme park segment increased year- on- year by JPY 1.1 billion - JPY 29.2 billion. The merchandise and food beverages cost ratio remained roughly the same. Personnel expenses increased year on year, primarily owing to a lift in compensation and a rise in the number of employees.
Miscellaneous costs increased year- on- year, primarily due to a rise in maintenance costs resulting from a transfer of investment related expenses and an increase in IT related expenses owing to the replacement of IT equipment. Depreciation and amortization expenses increased owing to the full fiscal year operation of Fantasy Springs. Please refer to page six. Net sales for the hotel business segment increased year- on- year by JPY 5.7 billion - JPY 28.5 billion as a result of an increase in accommodation revenue, mainly on the back of Tokyo DisneySea Fantasy Springs operating over the full fiscal year. The occupancy rate at Disney hotels during the 1st quarter under review decreased year- on- year by 0.2 percentage points to 94% due to renovations carried out at some hotels. The average charge per room rose by JPY 9,931 - JPY 66,534.
Operating profit increased by JPY 4.8 billion- JPY 9.1 billion due to a rise in net sales, offsetting increases in personnel expenses and depreciation and amortization expenses. Operating margin remains strong at 32.1%. We will continue to conduct rigorous revenue management to maintain the robust performance. Please refer to page seven. Net sales for the other business segment decreased by JPY 0.2 billion - JPY 3.9 billion, primarily owing to a decrease in net sales for the planting business. Operating profit decreased by JPY 0.4 billion - JPY 0.1 billion, chiefly as a result of a decrease in net sales and an increase in miscellaneous costs. Please refer to page eight when we compare the 1st quarter results with our forecast. Both net sales and operating profit were higher than projected due primarily to higher than expected net sales per guest.
Attendance slightly outperformed our forecast mainly owing to the success of Fantasy Springs. Despite the absence of a surge in demand for Space Mountain in the 1st quarter of Fiscal 2025 ahead of its close and a decrease due to the higher number of rainy days on weekends. For your reference, attendance for the 1st three months under review outperformed our forecast by approximately 1% on a monthly basis. Compared with our forecast, attendance was around 6% higher in April, about 4% lower in May, and about 1% higher in June. Net sales per guest was slightly higher than our forecast overall owing to higher than expected merchandise revenue resulting from a rise in revenue from food products and higher than expected food and beverages revenue due to a rise in revenue from food souvenirs.
Operating profit outperformed our forecast primarily owing to higher than expected net sales, a lower than expected merchandise and food beverages cost ratio, and lower than expected miscellaneous costs. Although the current attendance has been trending, soft reservations for August and beyond are on a recovery trend at this point in time. We have therefore decided not to revise our consolidated financial performance forecast for the 1st half year and full fiscal year. This will be all from me, thank you very much.