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Ichikawa Co (TSE:3513) Retained Earnings : 円13,016 Mil (As of Dec. 2023)


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What is Ichikawa Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ichikawa Co's retained earnings for the quarter that ended in Dec. 2023 was 円13,016 Mil.

Ichikawa Co's quarterly retained earnings increased from Jun. 2023 (円12,660 Mil) to Sep. 2023 (円12,994 Mil) and increased from Sep. 2023 (円12,994 Mil) to Dec. 2023 (円13,016 Mil).

Ichikawa Co's annual retained earnings increased from Mar. 2021 (円11,903 Mil) to Mar. 2022 (円12,040 Mil) and increased from Mar. 2022 (円12,040 Mil) to Mar. 2023 (円12,593 Mil).


Ichikawa Co Retained Earnings Historical Data

The historical data trend for Ichikawa 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.

Ichikawa Co Retained Earnings Chart

Ichikawa Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,739.96 11,813.14 11,902.96 12,040.00 12,593.00

Ichikawa Co 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 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 12,435.12 12,593.00 12,660.00 12,994.00 13,016.00

Ichikawa 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.


Ichikawa Co  (TSE:3513) 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.


Ichikawa Co (TSE:3513) Business Description

Traded in Other Exchanges
N/A
Address
14 - 15, Hongo 2 Chome, Bunkyo ku, Hongo 2, Tokyo, JPN, 113-8442
Ichikawa Co Ltd is engaged in the manufacture and distribution of papermaking felts, papermaking belts, felts for slate and industrial felts in Japan. It offers papermaking press felts and belts, and shoe press and transfer belts; industrial products, such as heat-resistant conveyance equipment and cushioning material for use in the manufacture of car bodies, aluminum parts, and others.

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