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Krosaki Harima (TSE:5352) Retained Earnings : 円69,241 Mil (As of Dec. 2023)


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What is Krosaki Harima Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Krosaki Harima's retained earnings for the quarter that ended in Dec. 2023 was 円69,241 Mil.

Krosaki Harima's quarterly retained earnings increased from Jun. 2023 (円64,134 Mil) to Sep. 2023 (円67,676 Mil) and increased from Sep. 2023 (円67,676 Mil) to Dec. 2023 (円69,241 Mil).

Krosaki Harima's annual retained earnings increased from Mar. 2022 (円57,419 Mil) to Mar. 2023 (円62,572 Mil) and increased from Mar. 2023 (円62,572 Mil) to Mar. 2024 (円72,125 Mil).


Krosaki Harima Retained Earnings Historical Data

The historical data trend for Krosaki Harima'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.

Krosaki Harima Retained Earnings Chart

Krosaki Harima 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 50,794.00 53,781.00 57,419.00 62,572.00 72,125.00

Krosaki Harima 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 62,572.00 64,134.00 67,676.00 69,241.00 72,125.00

Krosaki Harima 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.


Krosaki Harima  (TSE:5352) 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.


Krosaki Harima (TSE:5352) Business Description

Traded in Other Exchanges
Address
1-1, Higashihama-machi, Yahatanishi-ku, Kitakyushu, JPN, 806-8586
Krosaki Harima Corp manufactures and sells refractory and ceramic products. Its refractory products include blast furnace, hot stove, coke oven, torpedo ladle, electric arc furnace, steel ladle, and continuous casting refractories, as well as oxygen converter refractories for basic oxygen steelmaking processes, and monolithic refractories for furnace repair/equipment; and walking beam and hearth, pusher, rotary hearth, double walking beam, roller hearth, batch-type reheating, tunnel kiln, and other industrial furnaces. It also provides advanced ceramic materials, including low thermal expansion, oxide engineering, and machinable ceramics; thin flat heaters, hot plates, and jacket heaters. In addition, it is involved in the furnace construction and maintenance activities.

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