Pigeon Corp

Chart & Performance

D1W1MN

P/E

23.68

P/S

1.86

EPS

62.07

Div Yield, %

5.18%

Shrs. gr., 5y

-0.02%

Rev. gr., 5y

-2.04%

Revenues

94.46b

-0.48%

Net income

7.42b

-13.49%

CFO

14.52b

+9.94%

Dividend

Dec 27, 202438 JPY/sh

Earnings

Feb 13, 2025

Profile

Pigeon Corporation manufactures, sells, imports, and exports baby and child-care products, maternity items, women's care products, home healthcare products, and elder care products in Japan and internationally. The company operates in four segments: Japan Business, China Business, Singapore Business, and Lansinoh Business. It offers breastfeeding, weaning, skincare, women's care, and large-sized products for babies, as well as other products for babies and mothers. The company also provides child-rearing support, babysitter dispatch, event child-care, and preschool education services; and operates child-minding facilities and daycare centers. In addition, it offers elder care and anti-aging products, and elder care support services; and baby and mother related care products, such as nursing bottles and nipples, toiletries, and skincare products. Pigeon Corporation markets its products under the Pigeon and Lansinoh brands. The company was formerly known as Pigeon Honyuki Honpo Corporation and changed its name to Pigeon Corporation in 1966. Pigeon Corporation was founded in 1949 and is headquartered in Tokyo, Japan.

URL

https://www.pigeon.co.jp/

IPO date

Sep 01, 1988

Employees

3,803

Domiciled in

Incorporated in

Valuation

Order:

Title JPY in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title JPY in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2019‑01	2018‑01	2017‑01	2016‑01	2015‑01
Income
Revenues	94,461,000 -0.48%	94,921,000 1.98%	93,080,000 -6.33%
Cost of revenue	87,388,000	82,725,000	79,743,000
Unusual Expense (Income)
NOPBT	7,073,000	12,196,000	13,337,000
NOPBT Margin	7.49%	12.85%	14.33%
Operating Taxes	3,592,000	4,381,000	4,552,000
Tax Rate	50.78%	35.92%	34.13%
NOPAT	3,481,000	7,815,000	8,785,000
Net income	7,423,000 -13.49%	8,581,000 -2.32%	8,785,000 -17.46%
Dividends	(9,109,000)	(8,974,000)	(8,741,000)
Dividend yield	4.69%	3.46%	3.32%
Proceeds from repurchase of equity	(152,000)	44,000
BB yield	0.08%	-0.02%
Debt
Debt current	76,000	711,000	551,000
Long-term debt	3,648,000	4,114,000	2,768,000
Deferred revenue			(1,384,000)
Other long-term liabilities	1,014,000	1,157,000	2,951,000
Net debt	(31,191,000)	(30,171,000)	(32,596,000)
Cash flow
Cash from operating activities	14,523,000	13,210,000	10,893,000
CAPEX	(5,650,000)	(5,564,000)	(5,893,000)
Cash from investing activities	(5,467,000)	(5,659,000)	(5,593,000)
Cash from financing activities	(10,256,000)	(9,666,000)	(8,693,000)
FCF	2,187,000	3,283,000	1,220,000
Balance
Cash	34,357,000	34,283,000	35,218,000
Long term investments	558,000	713,000	697,000
Excess cash	30,191,950	30,249,950	31,261,000
Stockholders' equity	77,442,000	76,206,000	73,108,000
Invested Capital	53,808,050	52,638,050	47,870,000
ROIC	6.54%	15.55%	19.95%
ROCE	8.13%	14.20%	16.20%
EV
Common stock shares outstanding	119,617	119,652	119,636
Price	1,624.00 -25.09%	2,168.00 -1.36%	2,198.00 -48.34%
Market cap	194,258,131 -25.11%	259,404,604 -1.35%	262,958,902 -48.36%
EV	166,572,131	232,490,604	233,287,902
EBITDA	12,152,000	17,143,000	17,498,000
EV/EBITDA	13.71	13.56	13.33
Interest	98,000	94,000	79,000
Interest/NOPBT	1.39%	0.77%	0.59%