Hankyu Hanshin REIT (TSE:8977) Net Income: 円4,645 Mil (TTM As of May. 2026)

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TSE:8977 Hankyu Hanshin REIT Inc TSE:8977
57 GF Score
Price 円135,000.00
GF Value 円154,950.02
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Hankyu Hanshin REIT Net Income?

Hankyu Hanshin REIT TSE:8977 -0.30% 57 Net Income is 円4,645 Mil as of May. 2026. GuruFocus rates TSE:8977 with a GF Score™ of 57/100 and a GF Value™ of 円154,950.02 (Modestly Undervalued). The stock has 4 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. Hankyu Hanshin REIT's Net Income for the six months ended in May. 2026 was 円2,286 Mil. Its Net Income for the trailing twelve months (TTM) ended in May. 2026 was 円4,645 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Hankyu Hanshin REIT's Earnings per Share (Diluted) for the six months ended in May. 2026 was 円3,289.84.


Hankyu Hanshin REIT  (TSE:8977) 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:

Hankyu Hanshin REIT's Earnings per Share (Diluted) (EPS) for the quarter that ended in May. 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.


Hankyu Hanshin REIT Net Income Related Terms


Hankyu Hanshin REIT Net Income Historical Data

* Premium members only.

The historical data trend for Hankyu Hanshin REIT'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.

Hankyu Hanshin REIT Net Income Chart

Hankyu Hanshin REIT Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,113.71 4,187.31 4,239.75 4,280.13 4,794.31

Hankyu Hanshin REIT Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 2,086.47 2,193.65 2,435.53 2,358.79 2,286.44
TSE:8977
57GF Score
Hankyu Hanshin REIT Inc TSE:8977
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Hankyu Hanshin REIT 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

Hankyu Hanshin REIT's Net Income for the fiscal year that ended in Nov. 2025 is calculated as

Net Income(A: Nov. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=4797.048+-2.733+0+-0.001999999999498
=4,794

Hankyu Hanshin REIT's Net Income for the quarter that ended in May. 2026 is calculated as

Net Income(Q: May. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=2287.939+-1.498+0+-0.00099999999974898
=2,286

Net Income for the trailing twelve months (TTM) ended in May. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円4,645 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4,645 Mil mean?
Hankyu Hanshin REIT (TSE:8977) has a Net Income of 円4,645 Mil as of May. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Hankyu Hanshin REIT and its competitors.
Is Hankyu Hanshin REIT's Net Income too high?
Hankyu Hanshin REIT's current Net Income is 円4,645 Mil. Overall, Hankyu Hanshin REIT has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hankyu Hanshin REIT's Net Income compare to VICI and WPC?
Hankyu Hanshin REIT's Net Income of 円4,645 Mil can be compared against companies in the REITs 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 REITs company?
A good Net Income depends on the REITs 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 Hankyu Hanshin REIT and its competitors. Hankyu Hanshin REIT's current Net Income is 円4,645 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hankyu Hanshin REIT stock overvalued right now?
Based on GuruFocus' analysis, Hankyu Hanshin REIT (TSE:8977) is currently considered Modestly Undervalued. The stock's GF Value™ is 円154,950.02, compared to a current price of 円135,000.00 — trading 12.9% below its estimated fair value. The current Net Income is 円4,645 Mil. Hankyu Hanshin REIT's overall GF Score™ is 57/100 with 4 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 Hankyu Hanshin REIT (TSE:8977), the current Net Income is 円4,645 Mil as of May. 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 Hankyu Hanshin REIT (TSE:8977) Overvalued in 2026?

Based on GuruFocus' analysis, Hankyu Hanshin REIT stock appears to be undervalued. The current stock price of 円135,000.00 is trading 12.9% below its estimated GF Value™ of 円154,950.02. GuruFocus considers Hankyu Hanshin REIT to be Modestly Undervalued.

Key valuation signals for TSE:8977:

  • Net Income: 円4,645 Mil
  • GF Value™: 円154,950.02 vs. price of 円135,000.00 (12.9% below fair value)
  • GF Score™: 57/100 with 4 warning signs

No single metric tells the full story. See the TSE:8977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hankyu Hanshin REIT Business Description

Industry Real EstateREITs
Address 19-19, Chayamachi, Applause Tower, 19th floor, Osaka, JPN, 530-0013
Hankyu Hanshin REIT Inc is a real estate investment trust. The firm manages funds contributed by unitholders by investing them mainly in real estate and real estate backed securities. Its portfolio comprises retail facilities, Office use facilities and Complex facilities. The firm holds the majority of its investments in Kansai region.
57GF Score

Get the complete analysis for TSE:8977

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

円135,000.00
Price
円154,950.02
GF Value