GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » KOSE Corp (TSE:4922) » Definitions » Retained Earnings

KOSE (TSE:4922) Retained Earnings : 円246,772 Mil (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is KOSE Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. KOSE's retained earnings for the quarter that ended in Mar. 2024 was 円246,772 Mil.

KOSE's quarterly retained earnings declined from Sep. 2023 (円245,307 Mil) to Dec. 2023 (円243,823 Mil) but then increased from Dec. 2023 (円243,823 Mil) to Mar. 2024 (円246,772 Mil).

KOSE's annual retained earnings increased from Mar. 2021 (円222,354 Mil) to Dec. 2022 (円240,147 Mil) and increased from Dec. 2022 (円240,147 Mil) to Dec. 2023 (円243,823 Mil).


KOSE Retained Earnings Historical Data

The historical data trend for KOSE'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.

KOSE Retained Earnings Chart

KOSE Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 207,821.00 223,665.00 222,354.00 240,147.00 243,823.00

KOSE 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 240,050.00 244,851.00 245,307.00 243,823.00 246,772.00

KOSE 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.


KOSE  (TSE:4922) 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.


KOSE (TSE:4922) Business Description

Traded in Other Exchanges
Address
3-6-2, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8251
Kose is the third-largest cosmetics company in Japan and the second in the premium segment, and is renowned for its prestige skincare brands including Decorte and Albion. The firm has been managed by the Kobayashi family since it was established in 1946. Albion, a fully consolidated subsidiary in which Kose holds a 79.5% stake, is operated independently by another branch of the Kobayashi family. The group, with a collection 37 brands/lines spanning a wide range of price points, has captured 13.6% of Japan's premium beauty segment, according to Euromonitor. Japan remains the largest market contributing nearly 57% of sales, followed by Asia (28%) and North America (14%). Its distribution channels include department stores, specialty retailers, drugstores, travel retailers, and e-commerce.

KOSE (TSE:4922) Headlines

No Headlines