Pigeon Corporation announced consolidated earnings results for the nine months ended October 31, 2018. For the nine months, the company reported net sales of ¥79,394 million compared to ¥75,350 million a year ago. Operating income was ¥16,860 million compared to ¥14,938 million a year ago. Ordinary income was ¥17,684 million compared to ¥15,171 million a year ago. Net income attributable to owners of parent was ¥12,243 million or ¥102.23 per share compared to ¥10,434 million or ¥87.13 per share a year ago. Net income was ¥12,570 million compared to ¥10,612 million a year ago. Income before income taxes was ¥17,752 million against ¥15,216 million a year ago.

For the full year ending January 31, 2019, on consolidated basis, the company expects net sales of ¥107,000 million, operating income of ¥20,400 million, ordinary income of ¥20,400 million and net income attributable to owners of parent of ¥14,100 million or ¥117.73 per share.