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Shikigaku Co (TSE:7049) Retained Earnings : 円208 Mil (As of Nov. 2023)


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What is Shikigaku Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Shikigaku Co's retained earnings for the quarter that ended in Nov. 2023 was 円208 Mil.

Shikigaku Co's quarterly retained earnings declined from May. 2023 (円241 Mil) to Aug. 2023 (円185 Mil) but then increased from Aug. 2023 (円185 Mil) to Nov. 2023 (円208 Mil).

Shikigaku Co's annual retained earnings increased from Feb. 2021 (円337 Mil) to Feb. 2022 (円591 Mil) but then declined from Feb. 2022 (円591 Mil) to Feb. 2023 (円322 Mil).


Shikigaku Co Retained Earnings Historical Data

The historical data trend for Shikigaku 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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Shikigaku Co Retained Earnings Chart

Shikigaku Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Retained Earnings
Get a 7-Day Free Trial 200.15 379.08 337.50 591.31 322.47

Shikigaku Co Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 457.12 322.47 240.70 185.10 208.19

Shikigaku 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.


Shikigaku Co  (TSE:7049) 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.


Shikigaku Co (TSE:7049) Business Description

Traded in Other Exchanges
N/A
Address
7 Chome, 9-2 Nishi Gotanda, Shinagawa-ku, KDX Gotanda Building 4th Floor, Tokyo, JPN, 141-0031
Shikigaku Co Ltd is engaged in providing management training services. The company offers development and provision of webs services on literature.

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