Mullion Co (FSE:3494) Retained Earnings: 円2,234 Mil (As of Mar. 2026)

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FSE:3494 Mullion Co Ltd FSE:3494
76 GF Score
Price 円434.00
GF Value 円439.42
Valuation Fairly Valued
! 3 Warning Signs
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What is Mullion Co Retained Earnings?

Mullion Co FSE:3494 +0.93% 76 Retained Earnings is 円2,234 Mil as of Mar. 2026. GuruFocus rates FSE:3494 with a GF Score™ of 76/100 and a GF Value™ of 円439.42 (Fairly Valued). The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mullion Co's retained earnings for the quarter that ended in Mar. 2026 was 円2,234 Mil.

Mullion Co's quarterly retained earnings increased from Mar. 2025 (円1,818 Mil) to Sep. 2025 (円2,089 Mil) and increased from Sep. 2025 (円2,089 Mil) to Mar. 2026 (円2,234 Mil).

Mullion Co's annual retained earnings increased from Sep. 2023 (円1,344 Mil) to Sep. 2024 (円1,666 Mil) and increased from Sep. 2024 (円1,666 Mil) to Sep. 2025 (円2,089 Mil).


Mullion Co  (FSE:3494) 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.


Mullion Co Retained Earnings Historical Data

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The historical data trend for Mullion 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.

Mullion Co Retained Earnings Chart

Mullion Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,190.35 1,215.24 1,344.08 1,666.43 2,089.07

Mullion Co Semi-Annual Data
Sep16 Sep17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 1,571.57 1,666.43 1,818.15 2,089.07 2,233.51
FSE:3494
76GF Score
Mullion Co Ltd FSE:3494
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Mullion 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of 円2,234 Mil mean?
Mullion Co (FSE:3494) has a Retained Earnings of 円2,234 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Mullion Co and its competitors.
Is Mullion Co's Retained Earnings too high?
Mullion Co's current Retained Earnings is 円2,234 Mil. Overall, Mullion Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mullion Co's Retained Earnings compare to CBRE and BEKE?
Mullion Co's Retained Earnings of 円2,234 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Real Estate company?
A good Retained Earnings depends on the Real Estate industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Mullion Co and its competitors. Mullion Co's current Retained Earnings is 円2,234 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mullion Co stock overvalued right now?
Based on GuruFocus' analysis, Mullion Co (FSE:3494) is currently considered Fairly Valued. The stock's GF Value™ is 円439.42, compared to a current price of 円434.00 — trading 1.2% below its estimated fair value. The current Retained Earnings is 円2,234 Mil. Mullion Co's overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Mullion Co (FSE:3494), the current Retained Earnings is 円2,234 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mullion Co (FSE:3494) Overvalued in 2026?

Based on GuruFocus' analysis, Mullion Co stock appears to be undervalued. The current stock price of 円434.00 is trading 1.2% below its estimated GF Value™ of 円439.42. GuruFocus considers Mullion Co to be Fairly Valued.

Key valuation signals for FSE:3494:

  • Retained Earnings: 円2,234 Mil
  • GF Value™: 円439.42 vs. price of 円434.00 (1.2% below fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the FSE:3494 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mullion Co Business Description

Other Exchanges 3494:Japan
Address 9-11 Tomihisacho, Shinjuku-ku, Tokyo, JPN, 162-0067
Mullion Co Ltd is a Japanese real estate company. The company is engaged in leasing and managing a real estate rental property, and also engaged in the origination and placement of securitization products derived from real estate rental cash flow.
76GF Score

Get the complete analysis for FSE:3494

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円434.00
Price
円439.42
GF Value