Includes financial results for the past five years.
Quarterly Highlights (Fiscal Year Ending December 2024, 3Q)
Sales of the Pigeon Group expanded during the consolidated first-nine-month period under review, while earnings retreated. Net sales grew to ¥76,037 million (up 4.2% YOY), buoyed by yen depreciation and led by the Lansinoh Business and China Business. In earnings, higher revenues boosted gross profit, but the Group invested actively in selling, general and administrative expenses to bolster net sales and market share in mainland China, particularly in the China Business. Operating income dropped to ¥8,481 million (down 16.7% YOY), ordinary income fell to ¥8,833 million (down 20.8% YOY) and net income attributable to owners of parent slid to ¥5,426 million (down 25.5% YOY).
Millions of Yen
Millions of Yen
| 1Q | 2Q | 3Q | Full Year | Forecast | |
|---|---|---|---|---|---|
| Net sales | 23,749 | 51,313 | 76,037 | 101,000 | |
| Operating income | 2,697 | 5,822 | 8,481 | 11,400 | |
| Ordinary income | 2,963 | 6,431 | 8,833 | 11,400 | |
| Net income | 1,906 | 3,574 | 5,426 | 7,600 |
Performance Highlights (Consolidated Five-Year Summary)
Millions of Yen
Millions of Yen
Millions of Yen
Millions of Yen
| FY ended Dec. 2019 | FY ended Dec. 2020 | FY ended Dec. 2021 | FY ended Dec. 2022 | FY ended Dec. 2023 | |
|---|---|---|---|---|---|
| Net sales | 100,017 | 99,380 | 93,080 | 94,921 | 94,461 |
| Operating income | 17,072 | 15,316 | 13,336 | 12,195 | 10,726 |
| Ordinary income | 17,284 | 16,113 | 14,648 | 13,465 | 11,522 |
| Net income | 11,538 | 10,643 | 8,785 | 8,581 | 7,423 |