Pasco (TSE:9232) Retained Earnings : 円18,228 Mil (As of Dec. 2023)

View and export this data going back to 1962. Start your Free Trial

What is Pasco Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Pasco's retained earnings for the quarter that ended in Dec. 2023 was 円18,228 Mil.

Pasco's quarterly retained earnings declined from Jun. 2023 (円17,421 Mil) to Sep. 2023 (円16,900 Mil) but then increased from Sep. 2023 (円16,900 Mil) to Dec. 2023 (円18,228 Mil).

Pasco's annual retained earnings increased from Mar. 2022 (円14,344 Mil) to Mar. 2023 (円17,868 Mil) and increased from Mar. 2023 (円17,868 Mil) to Mar. 2024 (円21,952 Mil).

Pasco Retained Earnings Historical Data

The historical data trend for Pasco'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.

Pasco Retained Earnings Chart

Pasco Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

Get a 7-Day Free Trial

9,802.00

12,700.00

14,344.00

17,868.00

21,952.00

Pasco 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															17,868.00	17,421.00	16,900.00	18,228.00	21,952.00

Pasco 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.

Pasco (TSE:9232) 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.

Pasco (TSE:9232) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Pasco Corp (TSE:9232) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-1-2, Higashiyama Higashiyama building, Meguro-ku, Tokyo, JPN, 153-0043

Website

http://www.pasco.co.jp

Pasco Corp is a Japan-based company engaged in the business of acquisition and processing of geospatial information. Principally, it offers spaceborne services, airborne surveying, vehicle and ground surveying, water area surveying and many more. In addition, the company also provides geographic information system cloud services and geospatial information consulting services. It also produces spatial information data which assists in various fields such as printing, broadcasting, and publishing.

Pasco (TSE:9232) Headlines

No Headlines