Tigers Polymer (4231) Q1 2027 earnings summary

Executive summary

• Revenue rose 11.3% year-over-year to ¥13,706 million, with operating profit up 2.2% to ¥936 million and ordinary profit up 6.8% to ¥1,063 million, but net profit attributable to shareholders fell 18.4% to ¥598 million.

• Global economic uncertainty persisted due to geopolitical risks and inflation, but domestic demand was supported by improved employment and inbound tourism.

Financial highlights

• Gross profit was ¥2,964 million, down from ¥2,744 million year-over-year.

• Total assets increased to ¥64,395 million from ¥62,330 million at the previous fiscal year-end.

• Equity ratio was 73.9%, slightly down from 75.4% at the previous year-end.

• EPS for the quarter was ¥30.83, down from ¥37.14 year-over-year.

Outlook and guidance

• Full-year guidance remains unchanged: revenue of ¥50,000 million (down 0.3% YoY), operating profit of ¥3,000 million (down 0.5%), ordinary profit of ¥3,300 million (down 5.0%), and net profit of ¥2,400 million (up 2.0%).

• Dividend forecast is unchanged at ¥38 per share for the year.