Pigeon Corporation reported consolidated earnings results for the first quarter ended April 30, 2018. For the period, the company has posted net sales of ¥25,798 million against ¥23,977 million a year ago. Operating income was ¥5,446 million against ¥4,940 million a year ago. Ordinary income was ¥5,380 million against ¥4,858 million a year ago. Net income attributable to owners of parent was ¥3,852 million against ¥3,473 million a year ago. Net income per share was ¥32.17 against ¥29.00 a year ago. Income before Income Taxes was ¥5,485 million against ¥4,933 million a year ago.

For the year ending January 31, 2019, 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 was ¥14,100 million or ¥117.73 per share.