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Sanyo Shokai (TSE:8011) Retained Earnings : 円9,960 Mil (As of Nov. 2023)


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What is Sanyo Shokai Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sanyo Shokai's retained earnings for the quarter that ended in Nov. 2023 was 円9,960 Mil.

Sanyo Shokai's quarterly retained earnings declined from May. 2023 (円9,185 Mil) to Aug. 2023 (円9,034 Mil) but then increased from Aug. 2023 (円9,034 Mil) to Nov. 2023 (円9,960 Mil).

Sanyo Shokai's annual retained earnings increased from Feb. 2021 (円6,109 Mil) to Feb. 2022 (円6,769 Mil) and increased from Feb. 2022 (円6,769 Mil) to Feb. 2023 (円8,930 Mil).


Sanyo Shokai Retained Earnings Historical Data

The historical data trend for Sanyo Shokai'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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Sanyo Shokai Retained Earnings Chart

Sanyo Shokai Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Feb21 Feb22 Feb23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,079.00 13,985.00 6,109.00 6,769.00 8,930.00

Sanyo Shokai Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 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 7,760.00 8,930.00 9,185.00 9,034.00 9,960.00

Sanyo Shokai 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.


Sanyo Shokai  (TSE:8011) 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.


Sanyo Shokai (TSE:8011) Business Description

Traded in Other Exchanges
N/A
Address
6-14 Honshiocho, Shinjuku-ku, Tokyo, JPN, 160-0003
Sanyo Shokai Ltd is a Japan-based company, engages in the manufacture and sale of textile products. It is involved in the business of manufacturing and sale of men's clothing, ladies and accessories sales of products at department stores, specialty shops, directly managed stores nationwide. It is also engaged in the business of the lease and rent of real estate properties.

Sanyo Shokai (TSE:8011) Headlines

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