Pigeon Corporation (TYO:7956)

Pigeon Income Statement

Financials in millions JPY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	108,660	104,171	94,461	94,921	93,080	99,380
Revenue Growth (YoY)	11.38%	10.28%	-0.48%	1.98%	-6.34%	-8.38%
Cost of Revenue	54,072	52,799	49,008	50,087	49,008	49,459
Gross Profit	54,588	51,372	45,453	44,834	44,072	49,921
Selling, General & Admin	40,912	39,243	34,722	32,631	30,727	34,630
Operating Expenses	40,902	39,233	34,726	32,638	30,735	34,605
Operating Income	13,686	12,139	10,727	12,196	13,337	15,316
Interest Expense	-67	-75	-98	-94	-79	-32
Interest & Investment Income	360	368	268	199	305	260
Currency Exchange Gain (Loss)	-120	1	-170	112	131	-271
Other Non Operating Income (Expenses)	1,259	849	793	1,050	953	839
EBT Excluding Unusual Items	15,118	13,282	11,520	13,463	14,647	16,112
Gain (Loss) on Sale of Investments	-	-	-	-	51	-134
Gain (Loss) on Sale of Assets	14	149	7	6	5	-36
Asset Writedown	-117	-1,259	-393	-327	-288	-79
Other Unusual Items	-91	699	18	-1	-885	-28
Pretax Income	14,924	12,871	11,152	13,141	13,530	15,835
Income Tax Expense	4,676	4,316	3,592	4,381	4,552	4,976
Earnings From Continuing Operations	10,248	8,555	7,560	8,760	8,978	10,859
Minority Interest in Earnings	-268	-184	-137	-179	-193	-216
Net Income	9,980	8,371	7,423	8,581	8,785	10,643
Net Income to Common	9,980	8,371	7,423	8,581	8,785	10,643
Net Income Growth	79.24%	12.77%	-13.49%	-2.32%	-17.46%	-12.78%
Shares Outstanding (Basic)	120	120	120	120	120	120
Shares Outstanding (Diluted)	120	120	120	120	120	120
Shares Change (YoY)	0.02%	-0.02%	-0.03%	0.01%	-0.03%	-0.06%
EPS (Basic)	83.44	70.00	62.06	71.72	73.43	88.93
EPS (Diluted)	83.44	70.00	62.06	71.72	73.43	88.93
EPS Growth	79.21%	12.80%	-13.47%	-2.33%	-17.43%	-12.73%
Free Cash Flow	-	12,215	9,039	7,895	5,234	14,799
Free Cash Flow Per Share	-	102.14	75.57	65.98	43.75	123.66
Dividend Per Share	38.000	76.000	76.000	76.000	74.000	72.000
Dividend Growth	-50.00%	-	-	2.70%	2.78%	-11.47%
Gross Margin	50.24%	49.31%	48.12%	47.23%	47.35%	50.23%
Operating Margin	12.60%	11.65%	11.36%	12.85%	14.33%	15.41%
Profit Margin	9.19%	8.04%	7.86%	9.04%	9.44%	10.71%
Free Cash Flow Margin	-	11.73%	9.57%	8.32%	5.62%	14.89%
EBITDA	18,410	17,015	15,806	17,143	17,498	19,288
EBITDA Margin	16.94%	16.33%	16.73%	18.06%	18.80%	19.41%
D&A For EBITDA	4,724	4,876	5,079	4,947	4,161	3,972
EBIT	13,686	12,139	10,727	12,196	13,337	15,316
EBIT Margin	12.60%	11.65%	11.36%	12.85%	14.33%	15.41%
Effective Tax Rate	31.33%	33.53%	32.21%	33.34%	33.64%	31.42%
Advertising Expenses	-	3,044	2,999	2,704	2,792	5,541

Source: S&P Global Market Intelligence. Standard template. Financial Sources.