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Osaka Gas Co (TSE:9532) Retained Earnings : 円1,110,799 Mil (As of Dec. 2023)


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What is Osaka Gas Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Osaka Gas Co's retained earnings for the quarter that ended in Dec. 2023 was 円1,110,799 Mil.

Osaka Gas Co's quarterly retained earnings increased from Jun. 2023 (円1,058,358 Mil) to Sep. 2023 (円1,087,344 Mil) and increased from Sep. 2023 (円1,087,344 Mil) to Dec. 2023 (円1,110,799 Mil).

Osaka Gas Co's annual retained earnings increased from Mar. 2021 (円861,746 Mil) to Mar. 2022 (円977,907 Mil) and increased from Mar. 2022 (円977,907 Mil) to Mar. 2023 (円1,010,078 Mil).


Osaka Gas Co Retained Earnings Historical Data

The historical data trend for Osaka Gas 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.

Osaka Gas Co Retained Earnings Chart

Osaka Gas Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 782,523.00 802,313.00 861,746.00 977,907.00 1,010,078.00

Osaka Gas Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 951,571.00 1,010,078.00 1,058,358.00 1,087,344.00 1,110,799.00

Osaka Gas 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.


Osaka Gas Co  (TSE:9532) 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.


Osaka Gas Co (TSE:9532) Business Description

Traded in Other Exchanges
Address
4-1-2, Hiranomachi, Chuo-ku, Osaka, JPN, 541-0046
Osaka Gas Co Ltd is a Japanese utility company involved in the production and supply of natural gas and electricity. Osaka Gas segments its operations into: Gas; LPG, Electricity, and Other Energy; International Energy; and Life and Business Solutions units. The company's total revenue generation is mainly split between its Gas and LPG, Electricity, and Other Energy divisions. The Gas business produces, supplies, and markets city gas to mostly industrial and residential customers in the Kansai region of Japan. Osaka Gas' LPG, Electricity, and Other Energy business generates and sells electricity and liquefied petroleum gas to consumers both inside and outside Japan. To do this, the company operates an international portfolio of natural gas-fired thermal, solar, and wind power plants.

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