Pigeon Corporation (TYO: 7956)

Pigeon Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	97,556	94,461	94,921	93,080	99,380	108,468
Revenue Growth (YoY)	0.41%	-0.48%	1.98%	-6.34%	-8.38%	3.55%
Cost of Revenue	50,477	49,008	50,087	49,008	49,459	53,453
Gross Profit	47,079	45,453	44,834	44,072	49,921	55,015
Selling, General & Admin	38,050	34,722	32,631	30,727	34,630	36,989
Operating Expenses	38,054	34,726	32,638	30,735	34,605	37,024
Operating Income	9,025	10,727	12,196	13,337	15,316	17,991
Interest Expense	-80	-98	-94	-79	-32	-51
Interest & Investment Income	360	268	199	305	260	208
Currency Exchange Gain (Loss)	-471	-170	112	131	-271	-633
Other Non Operating Income (Expenses)	368	793	1,050	953	839	671.67
EBT Excluding Unusual Items	9,202	11,520	13,463	14,647	16,112	18,187
Gain (Loss) on Sale of Investments	-	-	-	51	-134	114.33
Gain (Loss) on Sale of Assets	140	7	6	5	-36	36.67
Asset Writedown	-1,599	-393	-327	-288	-79	-398
Other Unusual Items	699	18	-1	-885	-28	-
Pretax Income	8,442	11,152	13,141	13,530	15,835	17,940
Income Tax Expense	2,749	3,592	4,381	4,552	4,976	5,497
Earnings From Continuing Operations	5,693	7,560	8,760	8,978	10,859	12,443
Minority Interest in Earnings	-125	-137	-179	-193	-216	-239.67
Net Income	5,568	7,423	8,581	8,785	10,643	12,203
Net Income to Common	5,568	7,423	8,581	8,785	10,643	12,203
Net Income Growth	-37.54%	-13.49%	-2.32%	-17.46%	-12.78%	-14.29%
Shares Outstanding (Basic)	120	120	120	120	120	120
Shares Outstanding (Diluted)	120	120	120	120	120	120
Shares Change (YoY)	-0.04%	-0.03%	0.01%	-0.03%	-0.06%	-0.02%
EPS (Basic)	46.56	62.06	71.72	73.43	88.93	101.91
EPS (Diluted)	46.56	62.06	71.72	73.43	88.93	101.91
EPS Growth	-37.51%	-13.47%	-2.34%	-17.43%	-12.74%	-14.28%
Free Cash Flow	-	9,039	7,895	5,234	14,799	11,656
Free Cash Flow Per Share	-	75.57	65.98	43.75	123.66	97.35
Dividend Per Share	76.000	76.000	76.000	74.000	72.000	81.333
Dividend Growth	0%	0%	2.70%	2.78%	-11.48%	19.61%
Gross Margin	48.26%	48.12%	47.23%	47.35%	50.23%	50.72%
Operating Margin	9.25%	11.36%	12.85%	14.33%	15.41%	16.59%
Profit Margin	5.71%	7.86%	9.04%	9.44%	10.71%	11.25%
Free Cash Flow Margin	-	9.57%	8.32%	5.62%	14.89%	10.75%
EBITDA	14,203	15,806	17,143	17,498	19,288	22,100
EBITDA Margin	14.56%	16.73%	18.06%	18.80%	19.41%	20.38%
D&A For EBITDA	5,178	5,079	4,947	4,161	3,972	4,109
EBIT	9,025	10,727	12,196	13,337	15,316	17,991
EBIT Margin	9.25%	11.36%	12.85%	14.33%	15.41%	16.59%
Effective Tax Rate	32.56%	32.21%	33.34%	33.64%	31.42%	30.64%
Advertising Expenses	-	2,999	2,704	2,792	5,541	-

Source: S&P Capital IQ. Standard template. Financial Sources.