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Nissin Foods Holdings Co (TSE:2897) Retained Earnings : 円369,361 Mil (As of Dec. 2023)


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What is Nissin Foods Holdings Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nissin Foods Holdings Co's retained earnings for the quarter that ended in Dec. 2023 was 円369,361 Mil.

Nissin Foods Holdings Co's quarterly retained earnings increased from Jun. 2023 (円345,926 Mil) to Sep. 2023 (円364,907 Mil) and increased from Sep. 2023 (円364,907 Mil) to Dec. 2023 (円369,361 Mil).

Nissin Foods Holdings Co's annual retained earnings increased from Mar. 2022 (円299,281 Mil) to Mar. 2023 (円339,147 Mil) and increased from Mar. 2023 (円339,147 Mil) to Mar. 2024 (円369,779 Mil).


Nissin Foods Holdings Co Retained Earnings Historical Data

The historical data trend for Nissin Foods Holdings Co'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.

Nissin Foods Holdings Co Retained Earnings Chart

Nissin Foods Holdings Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 246,616.00 280,697.00 299,281.00 339,147.00 369,779.00

Nissin Foods Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings 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 339,147.00 345,926.00 364,907.00 369,361.00 369,779.00

Nissin Foods Holdings Co 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.


Nissin Foods Holdings Co  (TSE:2897) 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.


Nissin Foods Holdings Co (TSE:2897) Business Description

Traded in Other Exchanges
Address
1-1, 4-chome, Nishinakajima, Yodogawa-ku, Osaka, JPN, 532-8524
Nissin Foods is Japan's largest instant noodle manufacturer and was the first in the world to invent and launch instant noodles. It also invented the first instant noodle product in cup containers. Cup Noodles is its global brand, marketed in Asia, the Americas, and Europe. Instant noodles account for more than three fourths of group sales and 80% of operating profits, while Japan remains the key contributor, representing roughly 75% of group sales and 85% of profits. Other products include frozen/chilled noodles, confectionery, and lactic acid drinks.

Nissin Foods Holdings Co (TSE:2897) Headlines

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