Pigeon Corporation (TYO:7956)

Pigeon Financials Overview

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

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	114,413	109,170	104,171	94,461	94,921	93,080
Revenue Growth	7.34%	4.80%	10.28%	-0.48%	1.98%	-6.34%
Gross Profit Gross Profit Growth	57,714	54,839	51,372	45,453	44,834	44,072
Operating Income Operating Income Growth	14,353	13,159	12,139	10,727	12,196	13,337
Net Income Net Income Growth	9,167	8,570	8,371	7,423	8,581	8,785
Earnings Per Share EPS Growth	76.64	71.64	70.00	62.06	71.72	73.43
EPS Growth	-2.71%	2.35%	12.80%	-13.47%	-2.33%	-17.43%

Revenue by Segment

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Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Japan Business Japan Business Growth	37,806	36,500	36,865	36,323	38,264
China Business China Business Growth	42,902	39,027	33,045	34,776	37,239
Americas and Europe Business Americas and Europe Business Growth	21,904	21,430	18,480	16,917	13,320
Unallocated Adjustment Unallocated Adjustment Growth	-8,363	-7,064	-7,016	-7,248	-8,363
Singapore Business Singapore Business Growth	14,920	14,277	13,085	14,153	12,619
Total Total Growth	109,169	104,170	94,459	94,921	93,079

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	36,271	39,609	39,201	34,357	34,283	35,218
Total Debt Total Debt Growth	-	1,359	1,769	1,900	2,057	-
Net Cash (Debt) Net Cash Growth	36,271	38,250	37,432	32,457	32,226	35,218
Net Cash Growth	6.46%	2.19%	15.33%	0.72%	-8.50%	-5.23%
Net Cash Per Share Net Cash Per Share Growth	303.24	319.76	313.00	271.34	269.33	294.38

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	12,237	13,058	14,281	14,523	13,210	10,893
Capital Expenditures CapEx Growth	-2,822	-2,797	-2,066	-5,484	-5,315	-5,659
Free Cash Flow Free Cash Flow Growth	9,415	10,261	12,215	9,039	7,895	5,234
Free Cash Flow Growth	-18.26%	-16.00%	35.14%	14.49%	50.84%	-64.63%

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	50.44%	50.23%	49.31%	48.12%	47.23%	47.35%
Operating Margin	12.54%	12.05%	11.65%	11.36%	12.85%	14.33%
Pretax Margin	12.63%	12.20%	12.36%	11.81%	13.84%	14.54%
Profit Margin	8.01%	7.85%	8.04%	7.86%	9.04%	9.44%
FCF Margin	8.23%	9.40%	11.73%	9.57%	8.32%	5.62%

Dividends

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 10, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share Dividend Per Share Growth	76.000	76.000	76.000	76.000	76.000	74.000
Dividend Per Share Growth	0%	0%	0%	0%	2.70%	2.78%
Dividend Yield	3.67%	4.81%	5.56%	5.25%	4.10%	4.09%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 10, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	25.28	22.50	20.80	26.16	30.23	29.93
Forward PE	22.01	20.19	21.79	21.25	27.23	24.70
P/FCF Ratio	24.58	18.79	14.26	21.49	32.86	50.24
PS Ratio	2.02	1.77	1.67	2.06	2.73	2.83

Data Source: S&P Global Market Intelligence Last updated: Aug 7, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 7, 2026

Data Sources Report a data error