Reported Earnings • Aug 07
Second quarter 2026 earnings released: EPS: JP¥24.36 (vs JP¥19.17 in 2Q 2025) Second quarter 2026 results: EPS: JP¥24.36 (up from JP¥19.17 in 2Q 2025). Revenue: JP¥31.3b (up 9.7% from 2Q 2025). Net income: JP¥2.91b (up 27% from 2Q 2025). Profit margin: 9.3% (up from 8.0% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Household Products industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 1% per year. Tillkännagivande • Jul 07
Pigeon Corporation to Report Q2, 2026 Results on Aug 06, 2026 Pigeon Corporation announced that they will report Q2, 2026 results on Aug 06, 2026 Upcoming Dividend • Jun 22
Upcoming dividend of JP¥38.00 per share Eligible shareholders must have bought the stock before 29 June 2026. Payment date: 08 September 2026. The company is paying out more than 100% of its profits and is paying out 92% of its cash flow. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (3.7%). Buy Or Sell Opportunity • May 25
Now 20% undervalued Over the last 90 days, the stock has risen 14% to €9.95. The fair value is estimated to be €12.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has grown by 3.7%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings are also forecast to grow by 7.9% per annum over the same time period. Reported Earnings • May 20
First quarter 2026 earnings released: EPS: JP¥19.30 (vs JP¥19.49 in 1Q 2025) First quarter 2026 results: EPS: JP¥19.30 (down from JP¥19.49 in 1Q 2025). Revenue: JP¥27.7b (up 9.8% from 1Q 2025). Net income: JP¥2.31b (flat on 1Q 2025). Profit margin: 8.3% (down from 9.2% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Household Products industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Declared Dividend • May 20
Dividend of JP¥38.00 announced Shareholders will receive a dividend of JP¥38.00. Ex-date: 29th June 2026 Payment date: 8th September 2026 Dividend yield will be 386%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not covered by earnings (106% earnings payout ratio) nor is it adequately covered by cash flows (92% cash payout ratio). The dividend has increased by an average of 7.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 18% to bring the payout ratio under control. EPS is expected to grow by 25% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Tillkännagivande • May 09
Pigeon Corporation to Report Q1, 2026 Results on May 14, 2026 Pigeon Corporation announced that they will report Q1, 2026 results on May 14, 2026 Tillkännagivande • Mar 18
Pigeon Corporation Launches Nurture & Nest Baby Bottle Collection At Target Nationwide Pigeon, a trusted global leader in premium precision-engineered baby feeding solutions, announced the launch of the 'Nurture & Nest' collection in Target stores nationwide and on Target.com. Backed by more than 60 years of research and design innovation, the collection supports babies and parents from day one with expertly crafted bottles and nipples, now available in Target locations across the U.S. Pigeon's breastfeeding research, conducted from 2010 to 2020, involved approximately 1,000 cases cooperating with babies and mothers to continuously improve feeding solutions. This dedication has earned numerous international accolades, including the National Parenting Product Award, IF Design Award, Good Design Award, and the Top Influential Brand Award in Asia. Pigeon is also the best-selling baby bottle brand in numerous countries and regions worldwide, including Japan, Singapore, and China. The 'Nurture & Nest' collection reflects the brand's commitment to advancing infant care through extensive research, customer feedback, and hospital collaborations, delivering safe, thoughtfully designed solutions families can trust. Pigeon's 'Nurture & Nest' nursing bottles build on decades of research into babies' sucking behavior, including latching on, sucking behavior, and swallowing. Crafted to adapt to each stage of babies' development and pursue to design nursing bottles in which babies can suck as they do in breastfeeding, resulting in no interference with breastfeeding continuity. Each bottle features: A soft nipple that enables smooth tongue movement. Newly developed silicone rubber has brought the nipple one step closer to the softness of a mother's nipple. A nipple with a latch-on line and gradual slope to encourage a deep, comfortable latch. Pigeon offers five nipple stages to support your baby's feeding development from newborn to toddler. A slow, natural flow with an advanced anti-colic air vent system to minimize swallowed air and discomfort. A wide neck designed for easy holding and cleaning. Target's assortment includes borosilicate glass bottles and premium BPA- and BPS-free PPSU bottles, paired with silicone nipples as well as replacement nipple packs. The 'Nurture & Nest' collection is now available in Target stores and on Target.com in single and twin packs, ranging from $17.99–$35.99 MSRP. Tillkännagivande • Jan 27
Pigeon Corporation to Report Fiscal Year 2025 Results on Feb 13, 2026 Pigeon Corporation announced that they will report fiscal year 2025 results on Feb 13, 2026 Tillkännagivande • Oct 02
Pigeon Corporation to Report Q3, 2025 Results on Nov 06, 2025 Pigeon Corporation announced that they will report Q3, 2025 results on Nov 06, 2025 Tillkännagivande • Jun 24
Pigeon Corporation to Report Q2, 2025 Results on Aug 07, 2025 Pigeon Corporation announced that they will report Q2, 2025 results on Aug 07, 2025 Tillkännagivande • Apr 09
Pigeon Corporation to Report Q1, 2026 Results on May 13, 2025 Pigeon Corporation announced that they will report Q1, 2026 results on May 13, 2025 Tillkännagivande • Feb 14
Pigeon Corporation, Annual General Meeting, Mar 27, 2025 Pigeon Corporation, Annual General Meeting, Mar 27, 2025. Tillkännagivande • Dec 03
Pigeon Corporation to Report Fiscal Year 2024 Results on Feb 14, 2025 Pigeon Corporation announced that they will report fiscal year 2024 results on Feb 14, 2025 New Risk • Nov 10
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.7% Last year net profit margin: 9.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (136% cash payout ratio). Profit margins are more than 30% lower than last year (5.7% net profit margin). Buy Or Sell Opportunity • Nov 09
Now 21% undervalued Over the last 90 days, the stock has risen 3.0% to €8.55. The fair value is estimated to be €10.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.6%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Tillkännagivande • Sep 23
Pigeon Corporation(TSE:7956) dropped from FTSE All-World Index (USD) Pigeon Corporation(TSE:7956) dropped from FTSE All-World Index (USD) Reported Earnings • Aug 20
Second quarter 2024 earnings released: EPS: JP¥13.95 (vs JP¥17.79 in 2Q 2023) Second quarter 2024 results: EPS: JP¥13.95 (down from JP¥17.79 in 2Q 2023). Revenue: JP¥27.6b (up 13% from 2Q 2023). Net income: JP¥1.67b (down 22% from 2Q 2023). Profit margin: 6.1% (down from 8.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Household Products industry in Europe. Tillkännagivande • Jul 10
Pigeon Corporation to Report Q2, 2024 Results on Aug 08, 2024 Pigeon Corporation announced that they will report Q2, 2024 results at 3:00 PM, Tokyo Standard Time on Aug 08, 2024 Upcoming Dividend • Jun 20
Upcoming dividend of JP¥38.00 per share Eligible shareholders must have bought the stock before 27 June 2024. Payment date: 04 September 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.0%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.6%). Reported Earnings • May 19
First quarter 2024 earnings released: EPS: JP¥15.94 (vs JP¥20.38 in 1Q 2023) First quarter 2024 results: EPS: JP¥15.94 (down from JP¥20.38 in 1Q 2023). Revenue: JP¥23.7b (flat on 1Q 2023). Net income: JP¥1.91b (down 22% from 1Q 2023). Profit margin: 8.0% (down from 10% in 1Q 2023). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Household Products industry in Europe. Tillkännagivande • Apr 17
Pigeon Corporation to Report Q1, 2024 Results on May 14, 2024 Pigeon Corporation announced that they will report Q1, 2024 results at 3:00 PM, Tokyo Standard Time on May 14, 2024 Tillkännagivande • Mar 17
Pigeon Corporation to Report Q3, 2024 Results on Nov 07, 2024 Pigeon Corporation announced that they will report Q3, 2024 results on Nov 07, 2024 Tillkännagivande • Feb 18
Pigeon Corporation, Annual General Meeting, Mar 28, 2024 Pigeon Corporation, Annual General Meeting, Mar 28, 2024. Upcoming Dividend • Dec 21
Upcoming dividend of JP¥38.00 per share at 4.6% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 01 April 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.6%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.7%). Tillkännagivande • Nov 30
Pigeon Corporation Unveils GoMini Plus Electric Breast Pump - Empowering On-The-Go Mums with Exclusive Rhythmic Expression Mode Pigeon announced the highly anticipated launch of its second-generation Go Mini Electric Breast Pump, the GoMini Plus. Tailor-made for modern, on-the-go mums, this ground-breaking innovation promises a pumping experience like never before. Made with love and backed by decades of breastfeeding research, the new GoMini Plus redefines convenience and comfort for breastfeeding mothers. Finding a suction pressure that is just right is essential for a smooth and comfortable pumping experience. decades of dedicated research and development in breastfeeding have borne fruit in the form of the GoMini Plus's Rhythmic Expression Mode that is unique to Pigeon. The GoMini Plus also comes with a silicone flange cushion for a snug fit around mothers' breasts. With today's fast-paced lifestyle, mothers need a reliable companion that supports their breastfeeding journey in any setting; the GoMiniPlus is the one that's there for mothers. Whether at home, in the office, or while travelling, this compact breast pump delivers a pleasant and efficient pumping experience. Coming in at just 148g or roughly 8 strawberries, the lightweight build of the Go Mini Plus makes it easy to slip into a purse or a baby bag and allows for one-hand operation of the pump. A new pause and resume function on the motor unit of the pump allows mums to have better control over their pump sessions. At Pigeon, supporting mothers on their breastfeeding journey goes beyond innovative products. Pigeon's extensive research has led to the development of Pump-Store-Feed-Care, which encompasses a system of Pigeon breast feeding devices and accessories that are essential for a seamless and comfortable breastfeeding experience. From efficient pumping with the GoMini Plus Electric Breast Pump, to storing precious breast milk safely in Pigeon Breast Milk Storage Bags, to effortlessly feeding their little ones with Pigeon SofTouch Nursing Bottles and caring for mother's breasts with Pigeon Nipple Care Cream or Pigeon Nipple Shield, Pigeon is dedicated to being every family's go-to partner for mother and baby needs. To apply the Pump-Store-Feed- Care system to the GoMini Plus, the breast pump comes with two of PigeonsofTouch PP Nursing Bottles, two pieces of sealing discs to use the bottles for breast milk storage and two sets of nipples, screw caps and hoods for immediate feeding. The Pigeon GoMini Plus Electric breast Pump and other breastfeeding-related products are available for purchase at major departmental stores, baby specialist stores, online marketplaces and Pigeon's E-Shop. Reported Earnings • Nov 10
Third quarter 2023 earnings released: EPS: JP¥22.70 (vs JP¥24.72 in 3Q 2022) Third quarter 2023 results: EPS: JP¥22.70 (down from JP¥24.72 in 3Q 2022). Revenue: JP¥24.9b (down 1.9% from 3Q 2022). Net income: JP¥2.72b (down 8.2% from 3Q 2022). Profit margin: 11% (in line with 3Q 2022). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Household Products industry in Europe. Reported Earnings • Aug 10
Second quarter 2023 earnings released: EPS: JP¥17.79 (vs JP¥11.48 in 2Q 2022) Second quarter 2023 results: EPS: JP¥17.79 (up from JP¥11.48 in 2Q 2022). Revenue: JP¥24.4b (up 3.4% from 2Q 2022). Net income: JP¥2.13b (up 55% from 2Q 2022). Profit margin: 8.7% (up from 5.8% in 2Q 2022). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Household Products industry in Europe. 
