Pigeon Corp. Announces Consolidated Earnings Results for the First Quarter Ended April 30, 2016; Provides Consolidated Earnings Guidance for the Year Ending January 31, 2017
Pigeon Corp. announced consolidated earnings results for the first quarter ended April 30, 2016. For the period, on consolidated basis reported net sales of ¥22,746 million, operating income of ¥3,732 million, ordinary income of ¥3,597 million, net income attributable to owners of parent of ¥2,482 million or net income per share of ¥20.72 compared to net sales of ¥21,809 million, operating income of ¥3,596 million, ordinary income of ¥3,662 million, net income attributable to owners of parent of ¥2,469 million or net income per share of ¥20.62 for the same period last year. Income before income taxes was ¥3,537 million against ¥3,668 million a year ago.
For the year ending January 31, 2017, on consolidated basis, it expects net sales of ¥95,000 million, operating income of ¥15,000 million, ordinary income of ¥15,300 million, net income attributable to owners of parent of ¥10,400 million or net income per share of ¥86.84 for the fiscal year ending January 31, 2017.