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Autoserver Co (TSE:5589) Retained Earnings : 円6,491 Mil (As of Dec. 2023)


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What is Autoserver Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Autoserver Co's retained earnings for the quarter that ended in Dec. 2023 was 円6,491 Mil.

Autoserver Co's quarterly retained earnings increased from Jun. 2023 (円5,847 Mil) to Sep. 2023 (円6,204 Mil) and increased from Sep. 2023 (円6,204 Mil) to Dec. 2023 (円6,491 Mil).

Autoserver Co's annual retained earnings increased from Dec. 2021 (円4,734 Mil) to Dec. 2022 (円5,541 Mil) and increased from Dec. 2022 (円5,541 Mil) to Dec. 2023 (円6,491 Mil).


Autoserver Co Retained Earnings Historical Data

The historical data trend for Autoserver 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.

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Autoserver Co Retained Earnings Chart

Autoserver Co Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
4,734.08 5,541.49 6,491.23

Autoserver Co Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23
Retained Earnings 4,734.08 5,541.49 5,846.73 6,204.35 6,491.23

Autoserver 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.


Autoserver Co  (TSE:5589) 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.


Autoserver Co (TSE:5589) Business Description

Traded in Other Exchanges
N/A
Address
1-8-8 Harumi, Triton Square Office Tower W Building 14th floor, Chuo-ku, Tokyo, JPN, 104-0053
Autoserver Co Ltd is engaged in used car auction agency service and brokerage service for used car dealers on the website. The used car distribution platform ASNET operated by the company is a used car distribution web service that can be used by used car dealers and automobile-related businesses with no membership fee or monthly membership fee.

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