Pigeon Corporation reports strong growth in nine-month results

Pigeon Corporation reported a significant increase in its consolidated operating results for the first three quarters ended September 30, 2025. Net sales rose by 5.9% to 80,526 million yen, while operating income surged by 18.2% to 10,028 million yen. Ordinary income also saw a substantial increase of 20.8% to 10,670 million yen. Net income attributable to owners of parent grew by an impressive 29.7% to 7,035 million yen, with diluted net income per share reaching 58.82 yen, up from 45.38 yen in the prior year.

The company's financial position as of September 30, 2025, shows total assets at 105,159 million yen and net assets at 80,082 million yen, resulting in an equity ratio of 73.6%. Looking ahead, Pigeon Corporation forecasts full-year net sales of 109,700 million yen, with operating income and ordinary income both projected at 12,900 million yen. Net income attributable to owners of parent is expected to be 8,400 million yen, yielding a net income per share of 70.24 yen.

Pigeon Corporation also announced an annual dividend forecast of 76.00 yen per share for the fiscal year ending December 31, 2025, maintaining the interim dividend of 38.00 yen already declared. The number of shares issued as of September 30, 2025, remained constant at 121,653,486 shares.