Pigeon Corporation
Pigeon Corporation (JPX: 7956) is trading at ¥2,067.50, about ₹1,266 at today's JPY/INR rate, as of 8 Oct 2026, 2:30 AM ET, down 0.79% today. Indian residents can buy Pigeon from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
¥2,062.00
Today's high
¥2,100.00
52 week low
¥1,567.00
52 week high
¥2,197.50
7956 opened at ¥2,100.00, closed previously at ¥2,084.00, and has traded between ¥1,567.00 and ¥2,197.50 over the past 52 weeks.
About
Pigeon Corporation is a global enterprise engaged in the creation, production, distribution, import, and export of a wide array of goods tailored for infants, young children, new and expectant mothers, women's wellness, home healthcare needs, and senior care, catering to both the Japanese market and international customers. Its operations are structured across four primary business divisions: Japan, China, Singapore, and the Lansinoh business. The company's product portfolio spans essentials for breastfeeding and weaning, skincare formulations, women's care items, and various other baby and maternal necessities, including larger-sized products for infants. Beyond its merchandise, Pigeon provides comprehensive services such as parenting guidance, professional babysitter placement, event-specific childcare, and early childhood education. It also operates its own network of childcare facilities and preschools. Additionally, the company offers anti-aging and elder care products, complemented by associated support services for seniors. Specific items for infants and mothers include feeding bottles, nipples, personal hygiene products, and specialized dermatological solutions. All its offerings are sold under the prominent Pigeon and Lansinoh brands. Established in Tokyo, Japan, in 1949, the firm was originally known as Pigeon Honyuki Honpo Corporation before officially changing its name to Pigeon Corporation in 1966.
Key statistics
Avg. volume
980.98K
Market cap
¥247.36B
P/E Ratio
26.98
Price-to-sales ratio
2.16
Enterprise value
¥154.52B
Free cash flow yield
5.32%
Debt-to-equity ratio
0.07
Return on equity
10.34%
ROIC
9.49%
Beta
0.29
Dividend yield
3.68%
Last dividend
¥76.00
Financial overview
Revenue
¥109.17B
Earnings per share
¥71.64
Free cash flow
¥10.26B
Net profit margin
8.01%
Gross margin
50.44%
EBITDA
¥18.00B
Revenue growth
4.80%
Similar securities
This is not an investment recommendation
How to buy Pigeon from India
Indian residents can buy Pigeon shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers. Read the full guide: how to invest in Pigeon from India
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to JPY.
Search for Pigeon and place an order
Find Pigeon by name or by its ticker, 7956, and choose an order type. The Tokyo Stock Exchange typically trades in units of 100 shares. Pigeon trades 5:30 am – 12:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Pigeon position in JPY and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying Pigeon from India
Trading and limits
- Trading hours
- 9:00 am – 3:30 pm JST
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Japan withholds a preferential 10% on dividends for Indian residents under the India–Japan DTAA rather than the higher domestic rate, and the tax withheld can be claimed as a foreign tax credit in India. Pigeon’s current yield is 3.68%.Dividend tax explained
- Estate or inheritance tax
- May applyJapan levies inheritance tax on Japan-located assets such as direct stocks, with an exemption of ¥30 million plus ¥6 million per statutory heir.Estate tax explained
FAQs
Can Indian residents buy Pigeon stock?
Yes. Pigeon (7956) has been listed on the Tokyo Stock Exchange since 2001, in the Household & Personal Products industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to JPY. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Pigeon share cost in rupees?
One Pigeon share is ¥2,067.50 — about ₹1,266 at a JPY/INR rate of 0.6125 on 7 Oct 2026. Both the Pigeon price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Pigeon from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
What is the minimum I can buy of Pigeon?
The Tokyo Stock Exchange typically trades in units of 100 shares.
How are gains on Pigeon shares taxed in India?
Japan generally does not levy capital gains tax on non-resident individual investors, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the JPY/INR rate on the purchase and the sale date, so the rupee move counts alongside the Pigeon price. Paasa issues a capital-gains statement for your return.
Does Pigeon pay a dividend, and how is it taxed in India?
Yes. Pigeon pays a dividend and the current yield is 3.68%; the last declared dividend was ¥76.00 per share, about ₹46.55. Dividends are taxed at your slab rate in India. Japan withholds a preferential 10% on dividends for Indian residents under the India–Japan DTAA rather than the higher domestic rate, and the tax withheld can be claimed as a foreign tax credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Pigeon from India?
The Tokyo Stock Exchange trades 5:30 am – 12:00 pm IST in Indian time. It also halts for lunch, 8:00 am – 9:00 am IST. Orders can only execute during that window.
Is there estate or inheritance tax on Pigeon shares held from India?
Japan levies inheritance tax on Japan-located assets such as direct stocks, with an exemption of ¥30 million plus ¥6 million per statutory heir. It applies to your overall holdings in that jurisdiction rather than to any one position.
Do I have to declare Pigeon shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Pigeon holding, its cost and its closing value.
How do I sell Pigeon and bring the money back to India?
You sell during market hours (5:30 am – 12:00 pm IST) and the proceeds settle in JPY in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.