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CONEXIO (TSE:9422) Retained Earnings : 円49,063 Mil (As of Dec. 2022)


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What is CONEXIO Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CONEXIO's retained earnings for the quarter that ended in Dec. 2022 was 円49,063 Mil.

CONEXIO's quarterly retained earnings increased from Jun. 2022 (円48,981 Mil) to Sep. 2022 (円49,507 Mil) but then declined from Sep. 2022 (円49,507 Mil) to Dec. 2022 (円49,063 Mil).

CONEXIO's annual retained earnings increased from Mar. 2020 (円40,452 Mil) to Mar. 2021 (円45,303 Mil) and increased from Mar. 2021 (円45,303 Mil) to Mar. 2022 (円47,790 Mil).


CONEXIO Retained Earnings Historical Data

The historical data trend for CONEXIO'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.

CONEXIO Retained Earnings Chart

CONEXIO Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32,121.00 36,135.00 40,452.00 45,303.00 47,790.00

CONEXIO Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 48,578.00 47,790.00 48,981.00 49,507.00 49,063.00

CONEXIO 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.


CONEXIO  (TSE:9422) 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.


CONEXIO (TSE:9422) Business Description

Traded in Other Exchanges
N/A
Address
8-17-1 Nishi-Shinjuku, 37th Floor, Sumitomo Realty & Development Shinjuku Grand Tower, Shinjuku-ku, Tokyo, JPN, 160-6137
CONEXIO Corp is involved in the business of retail of mobile phones and the provision of solution services using smartphones. Its business is divided into the Consumer business and Corporate business segments. The consumer business segment comprises the operation of certified shops and wholesale of mobile phones to electronics retailers. The corporate business segment consists of the arrangement of contracts between corporate customers and telecom carriers, the provision of after sales services, the sales of mobile phones and tablets and also sales of prepaid cards and the internet of things solutions.

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