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Toyota Tsusho (TSE:8015) Retained Earnings : 円1,820,019 Mil (As of Mar. 2024)


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What is Toyota Tsusho Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Toyota Tsusho's retained earnings for the quarter that ended in Mar. 2024 was 円1,820,019 Mil.

Toyota Tsusho's quarterly retained earnings increased from Sep. 2023 (円1,668,198 Mil) to Dec. 2023 (円1,738,279 Mil) and increased from Dec. 2023 (円1,738,279 Mil) to Mar. 2024 (円1,820,019 Mil).

Toyota Tsusho's annual retained earnings increased from Mar. 2022 (円1,300,352 Mil) to Mar. 2023 (円1,526,615 Mil) and increased from Mar. 2023 (円1,526,615 Mil) to Mar. 2024 (円1,820,019 Mil).


Toyota Tsusho Retained Earnings Historical Data

The historical data trend for Toyota Tsusho'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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Toyota Tsusho Retained Earnings Chart

Toyota Tsusho 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 1,025,429.00 1,125,326.00 1,300,352.00 1,526,615.00 1,820,019.00

Toyota Tsusho 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 1,526,615.00 1,581,553.00 1,668,198.00 1,738,279.00 1,820,019.00

Toyota Tsusho 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.


Toyota Tsusho  (TSE:8015) 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.


Toyota Tsusho (TSE:8015) Business Description

Traded in Other Exchanges
Address
9-8, Meieki 4-chome, Nakamura-ku, Nagoya, JPN, 450-8575
Toyota Tsusho Corporation is a trading company. The company has six major divisions. The Metal division processes and distributes various steel products, and others. Global Parts and Logistics division is engaged in warehousing and logistics services and others. Automobile division is engaged in automobile parts selling, used vehicles and parts exporting/importing, and others. Machinery, Energy and Plant Project division provides mechanical equipment, various industrial machineries, petroleum products and others. Chemical and Electronics division provides semiconductors, electronic devices, software, chemicals, resins and others. Food and Customer Services division manufactures and sells apparel, food and others. Asian market accounts for majority of the company's sales.

Toyota Tsusho (TSE:8015) Headlines

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