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Mitsubishi Logisnext Co (TSE:7105) Retained Earnings : 円43,265 Mil (As of Mar. 2024)


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What is Mitsubishi Logisnext Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mitsubishi Logisnext Co's retained earnings for the quarter that ended in Mar. 2024 was 円43,265 Mil.

Mitsubishi Logisnext Co's quarterly retained earnings increased from Sep. 2023 (円32,307 Mil) to Dec. 2023 (円40,334 Mil) and increased from Dec. 2023 (円40,334 Mil) to Mar. 2024 (円43,265 Mil).

Mitsubishi Logisnext Co's annual retained earnings increased from Mar. 2022 (円10,644 Mil) to Mar. 2023 (円16,704 Mil) and increased from Mar. 2023 (円16,704 Mil) to Mar. 2024 (円43,265 Mil).


Mitsubishi Logisnext Co Retained Earnings Historical Data

The historical data trend for Mitsubishi Logisnext 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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Mitsubishi Logisnext Co Retained Earnings Chart

Mitsubishi Logisnext Co 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 14,796.00 10,506.00 10,644.00 16,704.00 43,265.00

Mitsubishi Logisnext Co 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 16,704.00 22,353.00 32,307.00 40,334.00 43,265.00

Mitsubishi Logisnext 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.


Mitsubishi Logisnext Co  (TSE:7105) 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 Logisnext Co (TSE:7105) Business Description

Traded in Other Exchanges
N/A
Address
2-1-1 Higashikotari, Nagaokakyo-shi, Kyoto, JPN, 617-8585
Mitsubishi Logisnext Co Ltd is the manufacturer of material handling equipment. Principally, it is engaged in the development, design, manufacture, and sale of electric and engine-powered forklifts, transportation robots, automated warehouses, local area network and other logistics equipment and systems, electric vehicles, and monorails. The company offers trucks, electric counterbalanced trucks, low lifters, loaders, order pickers, multi-directional trucks, lateral stacking trucks, stackers, power pallet trucks, and towing tractors.

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