GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Nippon Telegraph & Telephone Corp (OTCPK:NTTYY) » Definitions » Retained Earnings
中文

Nippon Telegraph & Telephone (Nippon Telegraph & Telephone) Retained Earnings : $60,636 Mil (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Nippon Telegraph & Telephone Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nippon Telegraph & Telephone's retained earnings for the quarter that ended in Dec. 2023 was $60,636 Mil.

Nippon Telegraph & Telephone's quarterly retained earnings declined from Jun. 2023 ($58,831 Mil) to Sep. 2023 ($58,243 Mil) but then increased from Sep. 2023 ($58,243 Mil) to Dec. 2023 ($60,636 Mil).

Nippon Telegraph & Telephone's annual retained earnings declined from Mar. 2021 ($65,024 Mil) to Mar. 2022 ($61,512 Mil) and declined from Mar. 2022 ($61,512 Mil) to Mar. 2023 ($60,975 Mil).


Nippon Telegraph & Telephone Retained Earnings Historical Data

The historical data trend for Nippon Telegraph & Telephone'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.

Nippon Telegraph & Telephone Retained Earnings Chart

Nippon Telegraph & Telephone 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 53,572.74 60,370.62 65,023.61 61,511.85 60,974.52

Nippon Telegraph & Telephone 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 58,251.26 60,974.52 58,831.46 58,243.29 60,636.10

Nippon Telegraph & Telephone 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.


Nippon Telegraph & Telephone  (OTCPK:NTTYY) 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.


Nippon Telegraph & Telephone (Nippon Telegraph & Telephone) Business Description

Traded in Other Exchanges
Address
5-1, Otemachi 1-Chome, Otemachi First Square, East Tower, Chiyoda-Ku, Tokyo, JPN, 100-8116
NTT owns NTT DoCoMo, the largest wireless operator in Japan, with 87.5 million subscribers. It also owns NTT East and NTT West, the two regional incumbent fixed-line operators in Japan, with about 12.1 million traditional fixed-line and 23.5 million broadband lines (around 72% of which are wholesaled). The firm also provides IT and communications systems integration via NTT Communications and 52.4%-owned NTT Data.

Nippon Telegraph & Telephone (Nippon Telegraph & Telephone) Headlines

From GuruFocus

Guru Stocks at 52-Week Lows: NTT, ABX, EXC, GG, INFY

By GuruFocus GuruFocus 04-30-2012

Matthews Japan Fund Comments on Nippon Telegraph and Telephone

By Sydnee Gatewood Sydnee Gatewood 10-21-2020

Guru Stocks at 52-Week Lows: NTT, VMW, TEVA, ABX, NEM

By GuruFocus GuruFocus 02-04-2013

Guru Stocks at 52-Week Lows: NTT, TEVA, NEM, SE, FE

By GuruFocus GuruFocus 01-28-2013

3 Ways to Invest in Japan's Recovery

By Street Authority Street Authority 03-21-2011

Matthews Japan Fund Buys 6 Stocks in 4th Quarter

By Holly LaFon Holly LaFon 02-01-2019