TIGERS POLYMER CORPORATION

4231・Standard Market・Chemicals

Official website

TIGERS POLYMER CORPORATION

4231・Standard Market・Chemicals

Official website

TIGERS POLYMER CORPORATION4231

Reference Indicators

Market Cap

209¥100M

P/E (Forecast)

8.5x

P/B

0.4x

Dividend Yield (Forecast)

3.65%

ROE

5.2%

EV/EBITDA

0.9x

Financial Summary

Unit: ¥M

Item	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Net Sales	40,878	45,285	47,862	49,336	50,132
Cost of Sales	33,586	37,866	38,007	39,403	39,461
Gross Profit	7,292	7,418	9,855	9,933	10,671
SG&A Expenses	6,012	6,328	6,661	7,099	7,656
Operating Income	1,280	1,090	3,194	2,833	3,014
Non-operating Income	563	801	1,201	712	516
Non-operating Expenses	45	21	110	260	56
Ordinary Income	1,797	1,869	4,286	3,284	3,474
Extraordinary Income	68	16	236	64	315
Extraordinary Losses	22	12	12	28	41
Pre-tax Income	1,843	1,874	4,510	3,320	3,748
Income Taxes	812	760	1,063	-456	1,061
Net Income	831	816	3,019	3,383	2,353
EBITDA	3,869	3,668	5,865	5,797	5,630
Gross Margin	17.8%	16.4%	20.6%	20.1%	21.3%
Operating Margin	3.1%	2.4%	6.7%	5.7%	6.0%
ROA	1.7%	1.6%	5.3%	5.5%	3.8%
ROE	2.7%	2.4%	8.1%	8.0%	5.2%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
日本	23,223	1,218	5.2%
米州	21,758	1,756	8.1%
東南アジア	2,549	49	1.9%
中国	2,601	-65	-2.5%