Pigeon Corporation Reports Consolidated Earnings Results for the First Quarter Ended April 30, 2019; Provides Earnings Guidance for the Year Ending December 31, 2019; Provides Dividend Guidance for the Second Quarter and for the Fiscal Year Ending December 31, 2019
June 09, 2019
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Pigeon Corporation reported consolidated earnings results for the first quarter ended April 30, 2019. For the period, the company has posted net sales of ¥25,458 million against ¥25,798 million a year ago. Operating income was ¥4,501 million against ¥5,446 million a year ago. Net income was ¥3,208 million against ¥3,955 million a year ago. Net income per share was ¥26.22 against ¥32.17 a year ago.
For the year ending December 31, 2019, the company expects net sales of ¥106,200 million, operating income of ¥20,000 million and net income attributable to owners of parent was ¥14,300 million or ¥119.40 per share.
For the second quarter, company expects to pay ¥35.00 per share compared to ¥34.00 per share a year ago.
For the year end, the company expects to pay ¥35.00 per share compared to ¥34.00 per share a year ago.
Pigeon Corp is a Japan-based company mainly engaged in the manufacture, purchase and sale of childcare and nursing products. It has six business segments. Domestic Baby and Mom segment manufactures and sells childcare and womenâs products. Products are mainly weaning related products, skin care products, wet tissues, baby foods and outing products. China segment manufactures and sells products in China, South Korea, Hong Kong, Taiwan, Russia. Lansinoh segment manufactures and sells products in United States, Germany, United Kingdom, Turkey, China. Singapore segment manufactures and sells products in ASEAN countries such as Singapore, Indonesia, Thailand and Malaysia, as well as India, Australia and Middle East. Healthcare and Nursing Care segment manufactures and sells products and provides nursing care services. Products are incontinence products, care facility products. Children Support segment operates childcare facilities and infant classrooms and provides baby-sitting services.
Pigeon Corporation Reports Consolidated Earnings Results for the First Quarter Ended April 30, 2019; Provides Earnings Guidance for the Year Ending December 31, 2019; Provides Dividend Guidance for the Second Quarter and for the Fiscal Year Ending December 31, 2019