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Menicon Co (TSE:7780) Retained Earnings : 円60,800 Mil (As of Dec. 2023)


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What is Menicon Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Menicon Co's retained earnings for the quarter that ended in Dec. 2023 was 円60,800 Mil.

Menicon Co's quarterly retained earnings increased from Jun. 2023 (円57,801 Mil) to Sep. 2023 (円59,546 Mil) and increased from Sep. 2023 (円59,546 Mil) to Dec. 2023 (円60,800 Mil).

Menicon Co's annual retained earnings increased from Mar. 2022 (円52,302 Mil) to Mar. 2023 (円58,127 Mil) and increased from Mar. 2023 (円58,127 Mil) to Mar. 2024 (円60,763 Mil).


Menicon Co Retained Earnings Historical Data

The historical data trend for Menicon 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.

Menicon Co Retained Earnings Chart

Menicon Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42,764.00 47,660.00 52,302.00 58,127.00 60,763.00

Menicon 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 58,127.00 57,801.00 59,546.00 60,800.00 60,763.00

Menicon 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.


Menicon Co  (TSE:7780) 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.


Menicon Co (TSE:7780) Business Description

Traded in Other Exchanges
Address
3-21-19, Aoi, Naka-ku, Aichi, Nagoya, JPN, 460-0006
Menicon Co Ltd is a contact lens manufacturing company. It is involved in manufacturing, sales, export, and import of contact lenses and other medical goods, manufacturing and sales of medical instruments, sales of medical supplies and research and development of intraocular lenses. The firm's products include soft lenses, gas permeable lenses and lens care products.

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