Cube System (TSE:2335) Retained Earnings : 円6,556 Mil (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is Cube System Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cube System's retained earnings for the quarter that ended in Dec. 2023 was 円6,556 Mil.

Cube System's quarterly retained earnings increased from Jun. 2023 (円6,267 Mil) to Sep. 2023 (円6,535 Mil) and increased from Sep. 2023 (円6,535 Mil) to Dec. 2023 (円6,556 Mil).

Cube System's annual retained earnings increased from Mar. 2021 (円5,649 Mil) to Mar. 2022 (円6,007 Mil) and increased from Mar. 2022 (円6,007 Mil) to Mar. 2023 (円6,459 Mil).

Cube System Retained Earnings Historical Data

The historical data trend for Cube System's Retained Earnings 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.

* Premium members only.

Cube System Retained Earnings Chart

Cube System Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

Get a 7-Day Free Trial

4,865.07

5,056.04

5,649.01

6,006.51

6,459.03

Cube System Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															6,097.53	6,459.03	6,266.66	6,535.24	6,556.16

Cube System Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Cube System (TSE:2335) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Cube System (TSE:2335) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cube System Inc (TSE:2335) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

Osaki Wiz Tower, 2-11-1, Osaki, Shinagawa-ku, Tokyo, JPN, 141-0032

Website

http://www.cubesystem.co.jp

Cube System Inc is an independent information technology company. It organized into three service lines: system integration services, professional services and system outsourcing services. The system integration service includes business system design and development, system migration, downsizing, system transition and offshore development services. The system outsourcing services include the management of business applications, as well as the operation and management of systems. The professional service includes system consulting, system transition, database management and information infrastructure construction services.

Cube System (TSE:2335) Headlines

No Headlines