Nichimo Co (TSE:8091) Retained Earnings : 円17,653 Mil (As of Dec. 2023)

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What is Nichimo Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nichimo Co's retained earnings for the quarter that ended in Dec. 2023 was 円17,653 Mil.

Nichimo Co's quarterly retained earnings increased from Jun. 2023 (円16,559 Mil) to Sep. 2023 (円17,004 Mil) and increased from Sep. 2023 (円17,004 Mil) to Dec. 2023 (円17,653 Mil).

Nichimo Co's annual retained earnings increased from Mar. 2021 (円11,876 Mil) to Mar. 2022 (円14,307 Mil) and increased from Mar. 2022 (円14,307 Mil) to Mar. 2023 (円16,252 Mil).

Nichimo Co Retained Earnings Historical Data

The historical data trend for Nichimo 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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Nichimo Co Retained Earnings Chart

Nichimo Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

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8,579.00

10,556.00

11,876.00

14,307.00

16,252.00

Nichimo Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															16,129.00	16,252.00	16,559.00	17,004.00	17,653.00

Nichimo 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.

Nichimo Co (TSE:8091) 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.

Nichimo Co (TSE:8091) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nichimo Co Ltd (TSE:8091) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

2-2-20 Higashi-Shinagawa, Tokyo, JPN, 140-0002

Website

http://www.nichimo.co.jp

Nichimo Co Ltd offers marine processed food products, including surimi, fillet, and fresh and frozen fish products; fishing nets, gears, ropes, twines, equipment for fishing and vessels, and feeds for aquaculture; cultivated fish products; food processing machines and supplies, nori processing machines, and tofu making machines; and fermented soybean and health food products. It also provides synthetic resins, packaging materials and supplies, and agricultural materials; logistics and distribution services in Japan.

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