Pigeon Corporation Reports Strong Q1 2025 Earnings

Pigeon Corporation ( (PGENY) ) has released its Q1 earnings. Here is a breakdown of the information Pigeon Corporation presented to its investors.

Pigeon Corporation is a leading company in the childcare and feminine products industry, known for its commitment to understanding and addressing babies’ unique needs. In its latest earnings report for the first quarter of fiscal year 2025, Pigeon Corporation reported a strong financial performance with net sales reaching ¥25,227 million, marking a 6.2% increase year-on-year. The company also saw significant growth in operating income and net income attributable to owners of the parent, which rose by 18.4% and 22.3% respectively. This growth was driven by robust performance in its China and Singapore business segments, which offset a slight decline in the Japan segment. The China Business segment, in particular, showed impressive growth with net sales increasing by 12.2% year-on-year, supported by strong sales of core products and effective brand promotion strategies. Meanwhile, the Singapore Business segment also saw a notable increase in net sales and profit, benefiting from market recovery and strategic product promotions. Looking ahead, Pigeon Corporation remains optimistic about its growth prospects, despite challenges such as declining birth rates in key markets and geopolitical uncertainties. The company continues to focus on expanding its presence in existing and new markets, leveraging its unique expertise to explore new growth fields and maximize results from its medium-term business plan.