Pilot Corp
TSE:7846

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Pilot Corp
TSE:7846
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Price: 4 991 JPY Market Closed
Market Cap: ¥195.9B

Net Margin

10.9%
Current
Declining
by 0.9%
vs 3-y average of 11.8%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
10.9%
=
Net Income
¥13.7B
/
Revenue
¥125.3B

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
10.9%
=
Net Income
¥13.7B
/
Revenue
¥125.3B

Peer Comparison

Country Company Market Cap Net
Margin
JP
Pilot Corp
TSE:7846
187.7B JPY
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US
MSA Safety Inc
NYSE:MSA
7.4B USD
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CN
Shanghai M&G Stationery Inc
SSE:603899
25.5B CNY
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US
HNI Corp
NYSE:HNI
3.6B USD
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FR
Societe BIC SA
PAR:BB
2.3B EUR
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JP
Kokuyo Co Ltd
TSE:7984
407.1B JPY
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US
Interface Inc
NASDAQ:TILE
2B USD
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US
Steelcase Inc
NYSE:SCS
1.9B USD
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US
Pitney Bowes Inc
NYSE:PBI
1.7B USD
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US
MillerKnoll Inc
NASDAQ:MLKN
1.5B USD
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JP
Okamura Corp
TSE:7994
230.7B JPY
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Market Distribution

Higher than 78% of companies in Japan
Percentile
78th
Based on 6 917 companies
78th percentile
10.9%
Low
-122 700% — 2.9%
Typical Range
2.9% — 8.5%
High
8.5% — 63 031.4%
Distribution Statistics
Japan
Min -122 700%
30th Percentile 2.9%
Median 5.4%
70th Percentile 8.5%
Max 63 031.4%

Pilot Corp
Glance View

At the heart of Japan's dynamic manufacturing landscape is Pilot Corporation, a company renowned for its precision, innovation, and quality in writing instruments. Founded in 1918 by Ryosuke Namiki, Pilot has journeyed from being a small enterprise to a global leader in the pen industry. The firm's success lies in its commitment to craftsmanship and continuous innovation, resonating through its extensive range of pens, markers, mechanical pencils, and highlighters. Central to Pilot’s business model is its vertically integrated approach, allowing it to maintain control over the manufacturing process from design to production, ensuring consistency and excellence. This control enables Pilot to continually introduce premium products like its popular FriXion erasable pens and luxury Namiki fountain pens, creating diverse revenue streams that cater to both casual users and high-end collectors. Beyond its diverse product lineup, Pilot Corporation emphasizes sustainability and environmental responsibility, a growing driver for modern consumers. The company diligently invests in developing eco-friendly products, such as the B2P (Bottle to Pen) line, crafted from recycled materials, and embraces efficient production methods to lower its ecological footprint. By aligning its innovative prowess with an eco-conscious ethos, Pilot not only differentiates itself in a crowded market but also forges strong connections with global consumers increasingly attentive to sustainable practices. With its wide distribution network spanning over 100 countries, Pilot Corporation continues to drive growth while writing its success story, which balances tradition with modernity and innovation with sustainability.

Intrinsic Value
5 661.73 JPY
Undervaluation 12%
Intrinsic Value
Price
What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
10.9%
=
Net Income
¥13.7B
/
Revenue
¥125.3B
What is Pilot Corp's current Net Margin?

The current Net Margin for Pilot Corp is 10.9%, which is below its 3-year median of 11.8%.

How has Net Margin changed over time?

Over the last 3 years, Pilot Corp’s Net Margin has decreased from 14.6% to 10.9%. During this period, it reached a low of 10.4% on Jun 30, 2024 and a high of 14.6% on Sep 30, 2022.

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