VLC Holdings Co (NGO:2467) Retained Earnings: 円105 Mil (As of Mar. 2026)

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NGO:2467 VLC Holdings Co Ltd NGO:2467
51 GF Score
Price 円210.00
GF Value 円141.18
Valuation Significantly Overvalued
! 5 Warning Signs
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What is VLC Holdings Co Retained Earnings?

VLC Holdings Co NGO:2467 +1.94% 51 Retained Earnings is 円105 Mil as of Mar. 2026. GuruFocus rates NGO:2467 with a GF Score™ of 51/100 and a GF Value™ of 円141.18 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. VLC Holdings Co's retained earnings for the quarter that ended in Mar. 2026 was 円105 Mil.

VLC Holdings Co's quarterly retained earnings declined from Mar. 2025 (円490 Mil) to Sep. 2025 (円226 Mil) and declined from Sep. 2025 (円226 Mil) to Mar. 2026 (円105 Mil).

VLC Holdings Co's annual retained earnings increased from Mar. 2024 (円-108 Mil) to Mar. 2025 (円490 Mil) but then declined from Mar. 2025 (円490 Mil) to Mar. 2026 (円105 Mil).


VLC Holdings Co  (NGO:2467) 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.


VLC Holdings Co Retained Earnings Historical Data

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The historical data trend for VLC 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.

VLC Holdings Co Retained Earnings Chart

VLC Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,017.18 201.21 -108.38 490.15 104.73

VLC Holdings Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 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 Premium Member Only Premium Member Only -108.38 601.00 490.15 226.42 104.73
NGO:2467
51GF Score
VLC Holdings Co Ltd NGO:2467
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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VLC 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of 円105 Mil mean?
VLC Holdings Co (NGO:2467) has a Retained Earnings of 円105 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on VLC Holdings Co and its competitors.
Is VLC Holdings Co's Retained Earnings too high?
VLC Holdings Co's current Retained Earnings is 円105 Mil. Overall, VLC Holdings Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VLC Holdings Co's Retained Earnings compare to IBM and ACN?
VLC Holdings Co's Retained Earnings of 円105 Mil can be compared against companies in the Software 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 Software company?
A good Retained Earnings depends on the Software 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 VLC Holdings Co and its competitors. VLC Holdings Co's current Retained Earnings is 円105 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VLC Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, VLC Holdings Co (NGO:2467) is currently considered Significantly Overvalued. The stock's GF Value™ is 円141.18, compared to a current price of 円210.00 — trading 48.7% above its estimated fair value. The current Retained Earnings is 円105 Mil. VLC Holdings Co's overall GF Score™ is 51/100 with 5 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 VLC Holdings Co (NGO:2467), the current Retained Earnings is 円105 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 VLC Holdings Co (NGO:2467) Overvalued in 2026?

Based on GuruFocus' analysis, VLC Holdings Co stock appears to be overvalued. The current stock price of 円210.00 is trading 48.7% above its estimated GF Value™ of 円141.18. GuruFocus considers VLC Holdings Co to be Significantly Overvalued.

Key valuation signals for NGO:2467:

  • Retained Earnings: 円105 Mil
  • GF Value™: 円141.18 vs. price of 円210.00 (48.7% above fair value)
  • GF Score™: 51/100 with 5 warning signs

No single metric tells the full story. See the NGO:2467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VLC Holdings Co Business Description

Address No. 2, No. 2, Chuo-ku Nihombashi Bashoku-cho, Asahi Mutual Life Insurance Building, Chuo-ku, Tokyo, JPN, 103-0002
VLC Holdings Co Ltd provides consultancy services. It also offers compliance management, internet marketing research and other survey services. Its consulting business includes information security, marketing research through internet and sales promotion. It provides other services related to cybersecurity products.
51GF Score

Get the complete analysis for NGO:2467

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

円210.00
Price
円141.18
GF Value