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Saibu Gas Holdings Co (FSE:9536) Retained Earnings : 円51,825 Mil (As of Dec. 2023)


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What is Saibu Gas Holdings Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Saibu Gas Holdings Co's retained earnings for the quarter that ended in Dec. 2023 was 円51,825 Mil.

Saibu Gas Holdings Co's quarterly retained earnings declined from Jun. 2023 (円53,780 Mil) to Sep. 2023 (円53,386 Mil) and declined from Sep. 2023 (円53,386 Mil) to Dec. 2023 (円51,825 Mil).

Saibu Gas Holdings Co's annual retained earnings increased from Mar. 2022 (円41,850 Mil) to Mar. 2023 (円52,468 Mil) and increased from Mar. 2023 (円52,468 Mil) to Mar. 2024 (円56,026 Mil).


Saibu Gas Holdings Co Retained Earnings Historical Data

The historical data trend for Saibu Gas Holdings 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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Saibu Gas Holdings Co Retained Earnings Chart

Saibu Gas Holdings Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44,025.00 43,222.00 41,850.00 52,468.00 56,026.00

Saibu Gas Holdings Co 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 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 52,468.00 53,780.00 53,386.00 51,825.00 56,026.00

Saibu Gas Holdings 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.


Saibu Gas Holdings Co  (FSE:9536) 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.


Saibu Gas Holdings Co (FSE:9536) Business Description

Traded in Other Exchanges
Address
1-17-1 Chiyo Hakata-ku, Fukuoka-shi, JPN
Saibu Gas Holdings Co Ltd is a Japanese natural gas utility that produces, supplies, and sells natural gas and petroleum products. The company segments its operations into gas, liquefied petroleum gas, real estate, and "other" business units. The company primarily distributes and sells natural gas and LPG in the Fukuoka and Kitakyushu areas in the northern part of the Japanese island of Kyushu. Saibu sells gas and liquefied natural gas products to a variety of utility and industrial customers through long-term agreements. The company also is involved in the heating, gas equipment, and photovoltaic power generation business through its other activities.

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