Jaccs Co (TSE:8584) Retained Earnings : 円158,456 Mil (As of Dec. 2023)

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What is Jaccs Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Jaccs Co's retained earnings for the quarter that ended in Dec. 2023 was 円158,456 Mil.

Jaccs Co's quarterly retained earnings increased from Jun. 2023 (円151,423 Mil) to Sep. 2023 (円156,078 Mil) and increased from Sep. 2023 (円156,078 Mil) to Dec. 2023 (円158,456 Mil).

Jaccs Co's annual retained earnings increased from Mar. 2022 (円131,649 Mil) to Mar. 2023 (円147,062 Mil) and increased from Mar. 2023 (円147,062 Mil) to Mar. 2024 (円164,068 Mil).

Jaccs Co Retained Earnings Historical Data

The historical data trend for Jaccs 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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Jaccs Co Retained Earnings Chart

Jaccs Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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109,843.00

118,531.00

131,649.00

147,062.00

164,068.00

Jaccs 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															147,062.00	151,423.00	156,078.00	158,456.00	164,068.00

Jaccs 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.

Jaccs Co (TSE:8584) 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.

Jaccs Co (TSE:8584) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Jaccs Co Ltd (TSE:8584) » Definitions » Retained Earnings

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Address

1-18, Ebisu, 4-chome, Shibuya-ku, Ebisu Neonato Bldg, Tokyo, JPN, 150-8932

Website

http://www.jaccs.co.jp

Jaccs Co Ltd is a consumer finance company that operates in Japan and other parts of Asia. The company's main businesses are the credit business, the credit card business, and the financing business. The credit business offers loans for purchases and expenses such as vehicles, medical care, bridal, home renovation, jewelry, watches, and kimono. The credit card business issues credit cards under the Visa, MasterCard, and JCB brands and has nearly 7 million cardholders. The financing business offers bill collection services as well as credit guarantees for personal and housing loans extended by financial institutions.

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