Pigeon's earnings have been declining at an average annual rate of -1.9%, while the Household Products industry saw earnings growing at 13.4% annually. Revenues have been growing at an average rate of 3.1% per year. Pigeon's return on equity is 10.5%, and it has net margins of 7.7%.
Key information
-1.89%
Earnings growth rate
-1.88%
EPS growth rate
Household Products Industry Growth
2.58%
Revenue growth rate
3.11%
Return on equity
10.45%
Net Margin
7.66%
Next Earnings Update
07 Aug 2026
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Pigeon makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
DB:9N3 Revenue, expenses and earnings (JPY Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Mar 26
111,650
8,548
42,547
0
31 Dec 25
109,170
8,570
41,680
0
30 Sep 25
108,660
9,980
40,902
0
30 Jun 25
106,592
9,421
40,584
0
31 Mar 25
105,649
8,796
39,994
0
31 Dec 24
104,171
8,371
39,233
0
30 Sep 24
97,556
5,568
38,054
0
30 Jun 24
97,772
6,431
37,135
0
31 Mar 24
94,597
6,891
35,581
0
31 Dec 23
94,461
7,423
34,726
0
30 Sep 23
97,156
8,914
34,286
0
30 Jun 23
97,631
9,157
33,796
0
31 Mar 23
96,820
8,402
33,249
0
31 Dec 22
94,921
8,581
32,638
0
30 Sep 22
94,361
8,548
32,093
0
30 Jun 22
91,095
7,690
31,397
0
31 Mar 22
93,435
9,394
30,903
0
31 Dec 21
93,080
8,785
30,735
0
30 Sep 21
94,968
8,463
32,744
0
30 Jun 21
98,226
9,873
33,197
0
31 Mar 21
97,903
9,782
33,979
0
31 Dec 20
99,380
10,643
34,605
0
31 Dec 19
108,468
12,203
37,024
0
31 Oct 19
102,881
11,563
35,653
0
31 Jul 19
104,419
12,694
35,465
0
30 Apr 19
104,407
13,526
35,058
0
31 Jan 19
104,747
14,238
34,246
0
31 Oct 18
106,607
16,324
33,423
0
31 Jul 18
106,362
16,131
32,841
0
30 Apr 18
104,384
14,894
31,925
0
31 Jan 18
102,563
14,515
31,159
0
31 Oct 17
100,184
12,986
30,012
0
31 Jul 17
97,386
12,066
29,366
0
30 Apr 17
95,871
12,109
28,788
0
31 Jan 17
94,640
11,118
28,673
0
31 Oct 16
93,696
10,974
28,480
0
31 Jul 16
91,989
10,460
28,537
0
30 Apr 16
93,146
10,210
28,986
0
31 Jan 16
92,209
10,197
28,823
0
31 Oct 15
91,265
9,863
28,449
0
31 Jul 15
91,406
9,659
27,866
0
Quality Earnings: 9N3 has high quality earnings.
Growing Profit Margin: 9N3's current net profit margins (7.7%) are lower than last year (8.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 9N3's earnings have declined by 1.9% per year over the past 5 years.
Accelerating Growth: 9N3's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 9N3 had negative earnings growth (-2.8%) over the past year, making it difficult to compare to the Household Products industry average (-0.04%).
Return on Equity
High ROE: 9N3's Return on Equity (10.5%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/07/06 00:14
End of Day Share Price
2026/07/06 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Pigeon Corporation is covered by 24 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.