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.