Showangyo Co (TSE:2004) Retained Earnings : 円90,939 Mil (As of Dec. 2023)

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What is Showangyo Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Showangyo Co's retained earnings for the quarter that ended in Dec. 2023 was 円90,939 Mil.

Showangyo Co's quarterly retained earnings increased from Jun. 2023 (円84,364 Mil) to Sep. 2023 (円87,311 Mil) and increased from Sep. 2023 (円87,311 Mil) to Dec. 2023 (円90,939 Mil).

Showangyo Co's annual retained earnings increased from Mar. 2022 (円76,980 Mil) to Mar. 2023 (円82,751 Mil) and increased from Mar. 2023 (円82,751 Mil) to Mar. 2024 (円92,934 Mil).

Showangyo Co Retained Earnings Historical Data

The historical data trend for Showangyo 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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Showangyo Co Retained Earnings Chart

Showangyo Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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67,007.00

75,109.00

76,980.00

82,751.00

92,934.00

Showangyo 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															82,751.00	84,364.00	87,311.00	90,939.00	92,934.00

Showangyo 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.

Showangyo Co (TSE:2004) 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.

Showangyo Co (TSE:2004) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Showa Sangyo Co Ltd (TSE:2004) » Definitions » Retained Earnings

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Address

Kamakuragashi Building, 2-2-1,Uchikanda, Chiyoda-ku, Tokyo, JPN, 101-8521

Website

http://www.showa-sangyo.co.jp

Showa Sangyo Co Ltd is a comprehensive food manufacturer that operates businesses in flour milling, vegetable oils, starches, sweeteners, and other food items. Based out of Asia, it processes imported raw materials to make seasonings, beverages, frozen foods, and other ready-to-eat products. The products are distributed to retailers and other wholesalers to help provide a diversified reach. Additional sources of income come from warehousing and real estate. It owns large silos to store grain for internal use and to supply other manufacturers. The real estate division develops commercial facilities and leases office buildings and acreage.

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