Tigers Polymer (TSE:4231) Net Income: 円2,219 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:4231 Tigers Polymer Corp TSE:4231
72 GF Score
Price 円1,056.00
GF Value 円894.95
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Tigers Polymer Net Income?

Tigers Polymer TSE:4231 +1.73% 72 Net Income is 円2,219 Mil as of Mar. 2026. GuruFocus rates TSE:4231 with a GF Score™ of 72/100 and a GF Value™ of 円894.95 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Tigers Polymer's Net Income for the three months ended in Mar. 2026 was 円432 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円2,219 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Tigers Polymer's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was 円21.93.


Tigers Polymer  (TSE:4231) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Tigers Polymer's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Tigers Polymer Net Income Related Terms


Tigers Polymer Net Income Historical Data

* Premium members only.

The historical data trend for Tigers Polymer's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tigers Polymer Net Income Chart

Tigers Polymer Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 831.83 816.45 3,019.83 3,383.66 2,353.49

Tigers Polymer Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 733.42 572.30 615.35 432.42 598.78
TSE:4231
72GF Score
Tigers Polymer Corp TSE:4231
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tigers Polymer Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Tigers Polymer's Net Income for the fiscal year that ended in Mar. 2026 is calculated as

Net Income(A: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=3748.353+-1061.804+0+-333.062
=2,353

Tigers Polymer's Net Income for the quarter that ended in Mar. 2026 is calculated as

Net Income(Q: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=786.841+-291.074+0+-63.35
=432

Net Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円2,219 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of 円2,219 Mil mean?
Tigers Polymer (TSE:4231) has a Net Income of 円2,219 Mil as of Mar. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Tigers Polymer and its competitors.
Is Tigers Polymer's Net Income too high?
Tigers Polymer's current Net Income is 円2,219 Mil. Overall, Tigers Polymer has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tigers Polymer's Net Income compare to LIN and SHW?
Tigers Polymer's Net Income of 円2,219 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Chemicals company?
A good Net Income depends on the Chemicals industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Tigers Polymer and its competitors. Tigers Polymer's current Net Income is 円2,219 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tigers Polymer stock overvalued right now?
Based on GuruFocus' analysis, Tigers Polymer (TSE:4231) is currently considered Modestly Overvalued. The stock's GF Value™ is 円894.95, compared to a current price of 円1,056.00 — trading 18% above its estimated fair value. The current Net Income is 円2,219 Mil. Tigers Polymer's overall GF Score™ is 72/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Tigers Polymer (TSE:4231), the current Net Income is 円2,219 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tigers Polymer (TSE:4231) Overvalued in 2026?

Based on GuruFocus' analysis, Tigers Polymer stock appears to be overvalued. The current stock price of 円1,056.00 is trading 18% above its estimated GF Value™ of 円894.95. GuruFocus considers Tigers Polymer to be Modestly Overvalued.

Key valuation signals for TSE:4231:

  • Net Income: 円2,219 Mil
  • GF Value™: 円894.95 vs. price of 円1,056.00 (18% above fair value)
  • GF Score™: 72/100 with 2 warning signs

No single metric tells the full story. See the TSE:4231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tigers Polymer Business Description

Address 4-1, 1-chome, Shinsenri Higashi-machi, Toyonaka, Osaka, JPN, 560-0082
Tigers Polymer Corp is engaged in the manufacture of various parts and parts materials of the same type and series. Its segments include Hose manufacturers and sellers of hoses for home appliances (hoses for vacuum cleaners, washing machines, and air conditioners) and industrial hoses; rubber sheets are used for packing materials, cushioning materials, and mats, mainly for entrances.
72GF Score

Get the complete analysis for TSE:4231

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,056.00
Price
円894.95
GF Value