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Iwatani (TSE:8088) Retained Earnings : 円222,500 Mil (As of Dec. 2023)


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What is Iwatani Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Iwatani's retained earnings for the quarter that ended in Dec. 2023 was 円222,500 Mil.

Iwatani's quarterly retained earnings increased from Jun. 2023 (円205,503 Mil) to Sep. 2023 (円210,394 Mil) and increased from Sep. 2023 (円210,394 Mil) to Dec. 2023 (円222,500 Mil).

Iwatani's annual retained earnings increased from Mar. 2022 (円176,672 Mil) to Mar. 2023 (円203,801 Mil) and increased from Mar. 2023 (円203,801 Mil) to Mar. 2024 (円245,694 Mil).


Iwatani Retained Earnings Historical Data

The historical data trend for Iwatani'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.

Iwatani Retained Earnings Chart

Iwatani 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 130,762.00 151,025.00 176,672.00 203,801.00 245,694.00

Iwatani 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 203,801.00 205,503.00 210,394.00 222,500.00 245,694.00

Iwatani 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.


Iwatani  (TSE:8088) 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.


Iwatani (TSE:8088) Business Description

Traded in Other Exchanges
Address
6-4, Hommachi 3-chome, Chuo-ku, Osaka, JPN, 541-0053
Iwatani Corp is a Japanese conglomerate involved in a variety of energy, industrial, and food services activities. Iwatani segments its operations into Energy, Industrial Gases and Machinery, Materials, and Agri-bio and Foods businesses. The company derives the majority of its revenue from its Energy division. In this unit, Iwatani supplies LPG and petroleum products for household, commercial, and industrial use. The company's Industrial Gases & Machinery and Materials divisions are also responsible for significant income streams. These segments supply high-pressure gases, such as hydrogen and nitrogen, and rare earth metals used in the manufacturing of technology products, respectively. The vast majority of Iwatani's revenue comes from its operations in Japan.

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