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Minebea Mitsumi (Minebea Mitsumi) Retained Earnings : $2,776 Mil (As of Dec. 2023)


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What is Minebea Mitsumi Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Minebea Mitsumi's retained earnings for the quarter that ended in Dec. 2023 was $2,776 Mil.

Minebea Mitsumi's quarterly retained earnings declined from Jun. 2023 ($2,675 Mil) to Sep. 2023 ($2,664 Mil) but then increased from Sep. 2023 ($2,664 Mil) to Dec. 2023 ($2,776 Mil).

Minebea Mitsumi's annual retained earnings increased from Mar. 2021 ($2,442 Mil) to Mar. 2022 ($2,705 Mil) and increased from Mar. 2022 ($2,705 Mil) to Mar. 2023 ($2,863 Mil).


Minebea Mitsumi Retained Earnings Historical Data

The historical data trend for Minebea Mitsumi'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.

Minebea Mitsumi Retained Earnings Chart

Minebea Mitsumi Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,819.01 2,179.56 2,441.76 2,705.03 2,862.87

Minebea Mitsumi 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 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 2,587.86 2,862.87 2,675.21 2,664.17 2,776.45

Minebea Mitsumi 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.


Minebea Mitsumi  (OTCPK:MNBEY) 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.


Minebea Mitsumi (Minebea Mitsumi) Business Description

Traded in Other Exchanges
Address
3-9-6, Mita, Minato-ku, Tokyo, JPN, 108-8330
Minebea Mitsumi Inc is an electronic components company. Its operating segments are Machined components, Electronic devices and components and MITSUMI business. The machined components segment manufactures mechanical parts including ball bearings, rod-end bearings, pivot assemblies for hard disk drive (HDD), and screws for automobiles and aircrafts. The electronic devices and components segment manufactures electronic devices (such as LED backlights and sensing devices), HDD spindle motors, stepping motors, DC motors, air movers (fan motors), precision motors and specialized devices. And The MITSUMI business segment manufactures semiconductor devices, optical devices, mechanical parts, high-frequency components, and power supply parts.

Minebea Mitsumi (Minebea Mitsumi) Headlines

From GuruFocus

Q3 2024 Minebea Mitsumi Inc Earnings Call Transcript

By GuruFocus Research 02-05-2024