GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Toyo Seikan Group Holdings Ltd (TSE:5901) » Definitions » Retained Earnings

Toyo Seikan Group Holdings (TSE:5901) Retained Earnings : 円540,442 Mil (As of Dec. 2023)


View and export this data going back to 1949. Start your Free Trial

What is Toyo Seikan Group Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Toyo Seikan Group Holdings's retained earnings for the quarter that ended in Dec. 2023 was 円540,442 Mil.

Toyo Seikan Group Holdings's quarterly retained earnings increased from Jun. 2023 (円549,764 Mil) to Sep. 2023 (円556,131 Mil) but then declined from Sep. 2023 (円556,131 Mil) to Dec. 2023 (円540,442 Mil).

Toyo Seikan Group Holdings's annual retained earnings declined from Mar. 2022 (円596,286 Mil) to Mar. 2023 (円586,252 Mil) and declined from Mar. 2023 (円586,252 Mil) to Mar. 2024 (円539,313 Mil).


Toyo Seikan Group Holdings Retained Earnings Historical Data

The historical data trend for Toyo Seikan Group Holdings'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.

Toyo Seikan Group Holdings Retained Earnings Chart

Toyo Seikan Group Holdings 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 549,817.00 563,131.00 596,286.00 586,252.00 539,313.00

Toyo Seikan Group Holdings 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 586,252.00 549,764.00 556,131.00 540,442.00 539,313.00

Toyo Seikan Group Holdings 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.


Toyo Seikan Group Holdings  (TSE:5901) 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.


Toyo Seikan Group Holdings (TSE:5901) Business Description

Traded in Other Exchanges
Address
2-18-1 Higashi-Gotanda, Osaki Forest Building, Shinagawa-ku, Tokyo, JPN, 141-8640
Toyo Seikan Group Holdings is a holding company that, through its subsidiaries, manufactures and sells packaging, steel plates, functional materials, and packaging machinery. The company also has a logistics business that engages in motor truck transportation and warehouse operations, as well as a real estate business. The vast majority of revenue comes from the firm's packaging business, which sells metal cans, plastic containers, caps, bottles, paper containers, and aerosol products. The packaging business also sells equipment that shapes and manufactures packaging products. The vast majority of revenue comes from Japan.

Toyo Seikan Group Holdings (TSE:5901) Headlines

No Headlines