The 77 Bank (TSE:8341) Retained Earnings : 円422,701 Mil (As of Dec. 2023)

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What is The 77 Bank Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. The 77 Bank's retained earnings for the quarter that ended in Dec. 2023 was 円422,701 Mil.

The 77 Bank's quarterly retained earnings increased from Jun. 2023 (円410,137 Mil) to Sep. 2023 (円419,438 Mil) and increased from Sep. 2023 (円419,438 Mil) to Dec. 2023 (円422,701 Mil).

The 77 Bank's annual retained earnings increased from Mar. 2022 (円386,096 Mil) to Mar. 2023 (円405,297 Mil) and increased from Mar. 2023 (円405,297 Mil) to Mar. 2024 (円427,435 Mil).

The 77 Bank Retained Earnings Historical Data

The historical data trend for The 77 Bank'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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The 77 Bank Retained Earnings Chart

The 77 Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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354,422.00

367,246.00

386,096.00

405,297.00

427,435.00

The 77 Bank 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															405,297.00	410,137.00	419,438.00	422,701.00	427,435.00

The 77 Bank 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.

The 77 Bank (TSE:8341) 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.

The 77 Bank (TSE:8341) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » The 77 Bank Ltd (TSE:8341) » Definitions » Retained Earnings

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Address

3-20, Chuo 3-chome, Aoba-ku, Miyagi, Sendai, JPN, 980-8777

Website

https://www.77bank.co.jp

The 77 Bank Ltd operates mostly in the Miyagi prefecture of Japan, which is in the southeast Tohoku region of the island of Honshu, and the bank's strategy emphasizes the prefecture's link between Tohoku and Tokyo. The bank is a group that engages in leasing, credit card, and other financial services in addition to the banking business. Most of the bank's earning assets are almost entirely from loans and bills discounted and investment securities. As such, a majority of the bank's income comes from interest on loans and discounts, and interest and dividends on trading accounts and investment securities.

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