Pigeon Corporation
Pigeon Corporation, together with its subsidiaries, engages in the manufacture, sale, import, and export of baby and child-care products, maternity items, women's care products, home healthcare products, and nursing care products in Japan and internationally. The company operates in four segments: Japan Business, China Business, Singapore Business, and Lansinoh Business. The company is also invol… Read more
Pigeon Corporation (9N3) - Net Assets
Latest net assets as of June 2025: €80.65 Billion EUR
Based on the latest financial reports, Pigeon Corporation (9N3) has net assets worth €80.65 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€105.40 Billion) and total liabilities (€24.75 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €80.65 Billion |
| % of Total Assets | 76.51% |
| Annual Growth Rate | 3.27% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1.32 |
Pigeon Corporation - Net Assets Trend (2021–2024)
This chart illustrates how Pigeon Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pigeon Corporation (2021–2024)
The table below shows the annual net assets of Pigeon Corporation from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €84.61 Billion | +4.34% |
| 2023-12-31 | €81.09 Billion | +1.42% |
| 2022-12-31 | €79.95 Billion | +4.09% |
| 2021-12-31 | €76.81 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pigeon Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 4.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €58.30 Billion | 71.85% |
| Other Components | €22.84 Billion | 28.15% |
| Total Equity | €81.14 Billion | 100.00% |
Pigeon Corporation Competitors by Market Cap
The table below lists competitors of Pigeon Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EVN AG
VI:EVN
|
$1.04 Billion |
|
Great Lakes Dredge & Dock
NASDAQ:GLDD
|
$1.04 Billion |
|
Global Health Limited
NSE:MEDANTA
|
$1.04 Billion |
|
Tung Ho Steel Enterprise Corp
TW:2006
|
$1.04 Billion |
|
Hypera S.A
SA:HYPE3
|
$1.04 Billion |
|
MicroPort Endovascular MedTech Ltd
SHG:688016
|
$1.04 Billion |
|
Genimous Technology Co Ltd
SHE:000676
|
$1.04 Billion |
|
Runjian Communication Co Ltd Class A
SHE:002929
|
$1.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pigeon Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 77,581,000,000 to 81,143,000,000, a change of 3,562,000,000 (4.6%).
- Net income of 8,371,000,000 contributed positively to equity growth.
- Dividend payments of 9,098,000,000 reduced retained earnings.
- Other factors increased equity by 4,289,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €8.37 Billion | +10.32% |
| Dividends Paid | €9.10 Billion | -11.21% |
| Other Changes | €4.29 Billion | +5.29% |
| Total Change | €- | 4.59% |
Book Value vs Market Value Analysis
This analysis compares Pigeon Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.01x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €617.58 | €8.75 | x |
| 2022-12-31 | €640.96 | €8.75 | x |
| 2023-12-31 | €648.73 | €8.75 | x |
| 2024-12-31 | €678.51 | €8.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pigeon Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.32%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.04%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 1.33x
- Recent ROE (10.32%) is below the historical average (10.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 11.89% | 9.44% | 0.95x | 1.33x | €1.40 Billion |
| 2022 | 11.19% | 9.04% | 0.93x | 1.33x | €911.50 Million |
| 2023 | 9.57% | 7.86% | 0.94x | 1.29x | €-335.10 Million |
| 2024 | 10.32% | 8.04% | 0.96x | 1.33x | €256.70 Million |
Industry Comparison
This section compares Pigeon Corporation's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $22,030,920,599
- Average return on equity (ROE) among peers: -6.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pigeon Corporation (9N3) | €80.65 Billion | 11.89% | 0.31x | $1.04 Billion |
| e.l.f. Beauty Inc (0EF) | $140.86 Million | 3.77% | 1.94x | $3.85 Billion |
| BaWang International (Group) Holding Limited (6BK) | $126.32 Million | -15.30% | 0.94x | $20.04 Million |
| Euglena Co. Ltd (8EG) | $10.83 Billion | -90.44% | 0.59x | $212.89 Million |
| POLA Orbis Holdings Inc (8PO) | $164.91 Billion | 5.63% | 0.21x | $675.68 Million |
| edding AG (EDD3) | $50.20 Million | 17.25% | 0.96x | $15.72 Million |
| Henkel AG & Co. KGaA vz. (Pref Shares) (HEN3) | $2.81 Billion | 19.09% | 2.13x | $18.16 Billion |
| Hengan International Group Company Limited (HGNC) | $19.28 Billion | 16.98% | 1.19x | $1.98 Billion |
| IP40 (IP40) | $7.02 Million | -26.12% | 0.32x | $14.26 Million |
| Leifheit Aktiengesellschaft (LEI) | $111.34 Million | 12.73% | 1.14x | $83.09 Million |