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Sumitomo Forestry Co (FRA:5F6) Retained Earnings : €3,335 Mil (As of Jun. 2024)


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What is Sumitomo Forestry Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sumitomo Forestry Co's retained earnings for the quarter that ended in Jun. 2024 was €3,335 Mil.

Sumitomo Forestry Co's quarterly retained earnings declined from Dec. 2023 (€3,339 Mil) to Mar. 2024 (€3,274 Mil) but then increased from Mar. 2024 (€3,274 Mil) to Jun. 2024 (€3,335 Mil).

Sumitomo Forestry Co's annual retained earnings increased from Dec. 2021 (€2,796 Mil) to Dec. 2022 (€3,129 Mil) and increased from Dec. 2022 (€3,129 Mil) to Dec. 2023 (€3,339 Mil).


Sumitomo Forestry Co Retained Earnings Historical Data

The historical data trend for Sumitomo Forestry 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.

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Sumitomo Forestry Co Retained Earnings Chart

Sumitomo Forestry Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,922.39 2,147.99 2,796.05 3,129.17 3,339.18

Sumitomo Forestry Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3,077.69 3,339.18 3,273.96 3,334.60 -

Sumitomo Forestry 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.


Sumitomo Forestry Co  (FRA:5F6) 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.


Sumitomo Forestry Co Business Description

Traded in Other Exchanges
Address
Keidanren Kaikan, 3-2, Otemachi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8270
Website
Sumitomo Forestry Co Ltd is a diversified Japanese company that focuses on timber and building materials as well as residential construction. The company's timber business is one of Japan's leading suppliers of timber and also provides building and structural materials such as flooring and doors. It constructs custom-built single-family housing projects around Japan that use the company's timber materials and design. These two business units provide the majority of the company's revenue. Sumitomo Forestry operates timber and exporting businesses in Southeast Asia, Australia, and North America. It is also involved in forestry management, as it owns forests around Japan and Southeast Asia.

Sumitomo Forestry Co Headlines

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