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AEON Financial Service Co (TSE:8570) Retained Earnings : 円273,989 Mil (As of Nov. 2023)


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What is AEON Financial Service Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. AEON Financial Service Co's retained earnings for the quarter that ended in Nov. 2023 was 円273,989 Mil.

AEON Financial Service Co's quarterly retained earnings increased from May. 2023 (円274,137 Mil) to Aug. 2023 (円277,766 Mil) but then declined from Aug. 2023 (円277,766 Mil) to Nov. 2023 (円273,989 Mil).

AEON Financial Service Co's annual retained earnings increased from Feb. 2021 (円237,385 Mil) to Feb. 2022 (円258,525 Mil) and increased from Feb. 2022 (円258,525 Mil) to Feb. 2023 (円278,172 Mil).


AEON Financial Service Co Retained Earnings Historical Data

The historical data trend for AEON Financial Service 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.

* Premium members only.

AEON Financial Service Co Retained Earnings Chart

AEON Financial Service Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Feb20 Feb21 Feb22 Feb23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 235,413.00 230,508.00 237,385.00 258,525.00 278,172.00

AEON Financial Service Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 278,172.00 274,137.00 277,766.00 273,989.00 286,022.00

AEON Financial Service 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.


AEON Financial Service Co  (TSE:8570) 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.


AEON Financial Service Co (TSE:8570) Business Description

Traded in Other Exchanges
Address
Kandanishiki-cho, Chiyoda-ku, Terrace Square, 3-22, Tokyo, JPN
AEON Financial Service Co Ltd is a comprehensive financial group consisting of a bank holding company and its subsidiaries, which grew out of Aeon Group's retail operations. It currently operates a network of hundreds of sale bases throughout Asia, particularly in Japan, China, Thailand, and Malaysia. The bank provides various financial services, payment services, housing loans, deposits, installment sales, and overseas services to customers through points of sale closely linked to community lifestyles. These include shopping centers and retail malls, convenience stores, and specialty stores, among others. Net fee and commission income is the company's largest source of net revenue.

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