A magnetic recording disk which comprises a nonmagnetic support having provided thereon a magnetic layer comprising a hexagonal ferrite magnetic material dispersed in a binder, wherein the magnetic layer has an orientation ratio of 0.9 or more, a vertical diamagnetic correction squareness ratio of from 0.3 to 0.55, an in-plane coercive force of from 1,400 to 3,000 Oe, a vertical-direction coercive force of from 1,400 to 3,000 Oe, and a dry thickness of 0.8 .mu.m or less.