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Alpen Co (TSE:3028) Retained Earnings : 円75,914 Mil (As of Mar. 2024)


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What is Alpen Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Alpen Co's retained earnings for the quarter that ended in Mar. 2024 was 円75,914 Mil.

Alpen Co's quarterly retained earnings increased from Sep. 2023 (円76,507 Mil) to Dec. 2023 (円77,698 Mil) but then declined from Dec. 2023 (円77,698 Mil) to Mar. 2024 (円75,914 Mil).

Alpen Co's annual retained earnings increased from Jun. 2021 (円73,877 Mil) to Jun. 2022 (円74,183 Mil) and increased from Jun. 2022 (円74,183 Mil) to Jun. 2023 (円77,716 Mil).


Alpen Co Retained Earnings Historical Data

The historical data trend for Alpen 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.

* Premium members only.

Alpen Co Retained Earnings Chart

Alpen Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66,317.00 64,671.00 73,877.00 74,183.00 77,716.00

Alpen 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 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 75,177.00 77,716.00 76,507.00 77,698.00 75,914.00

Alpen 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.


Alpen Co  (TSE:3028) 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.


Alpen Co (TSE:3028) Business Description

Traded in Other Exchanges
Address
Alpen Marunouchi Tower, 9-40, 2-chome, Marunouchi, Naka-ku, Nagoya-shi, Aichi, JPN, 460-8637
Alpen Co Ltd is a Japan-based specialty retailer that is primarily engaged in the production and sale of sports products. The company's products consist of sports equipment, apparel, accessories, dietary supplements, and other items. The company operates through three store formats, including Alpen, focusing on products related to winter sports; Golf 5, primarily providing golf-related sports products; Sports Depo, which offers all kinds of sporting goods. The Sports Depo accounts for around half of the company's total revenue. The company runs a nationwide retail network across Japan.

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