GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mitsubishi Heavy Industries Ltd (TSE:7011) » Definitions » Retained Earnings

Mitsubishi Heavy Industries (TSE:7011) Retained Earnings : 円1,433,267 Mil (As of Mar. 2024)


View and export this data going back to 1950. Start your Free Trial

What is Mitsubishi Heavy Industries Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mitsubishi Heavy Industries's retained earnings for the quarter that ended in Mar. 2024 was 円1,433,267 Mil.

Mitsubishi Heavy Industries's quarterly retained earnings increased from Sep. 2023 (円1,306,204 Mil) to Dec. 2023 (円1,326,306 Mil) and increased from Dec. 2023 (円1,326,306 Mil) to Mar. 2024 (円1,433,267 Mil).

Mitsubishi Heavy Industries's annual retained earnings increased from Mar. 2022 (円1,099,158 Mil) to Mar. 2023 (円1,218,180 Mil) and increased from Mar. 2023 (円1,218,180 Mil) to Mar. 2024 (円1,433,267 Mil).


Mitsubishi Heavy Industries Retained Earnings Historical Data

The historical data trend for Mitsubishi Heavy Industries'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.

Mitsubishi Heavy Industries Retained Earnings Chart

Mitsubishi Heavy Industries 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 886,307.00 952,528.00 1,099,158.00 1,218,180.00 1,433,267.00

Mitsubishi Heavy Industries 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 1,218,180.00 1,261,473.00 1,306,204.00 1,326,306.00 1,433,267.00

Mitsubishi Heavy Industries 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.


Mitsubishi Heavy Industries  (TSE:7011) 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.


Mitsubishi Heavy Industries (TSE:7011) Business Description

Traded in Other Exchanges
Address
2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-8332
Mitsubishi Heavy Industries Ltd is engaged in the manufacturing and sale of ships, industrial machinery, and aircraft. The segments of the company are Energy, Plants and Infrastructure Systems, Logistics, Thermal and Drive Systems, and Aircraft, Defense, and Space. The company earns maximum revenue from the energy segment which handles clean gas, steam power systems, nuclear power systems, compressors, and marine machinery. The Plants and Infrastructure Systems segment of the company deals with commercial ships, engineering, machine tools, and machinery systems; Logistics, Thermal, and Drive Systems provide material handling systems, engines, HVAC systems, and automotive air-conditioners; and the Aircraft, Defense, and Space cover commercial aircraft, defense aircraft, and others.

Mitsubishi Heavy Industries (TSE:7011) Headlines

No Headlines