Shinwa Co (NGO:7607) Retained Earnings: 円39,904 Mil (As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGO:7607 Shinwa Co Ltd NGO:7607
75 GF Score
Price 円2,464.00
GF Value 円2,537.84
! 2 Warning Signs
View Full Analysis

What is Shinwa Co Retained Earnings?

Shinwa Co NGO:7607 75 Retained Earnings is 円39,904 Mil as of Feb. 2026. GuruFocus rates NGO:7607 with a GF Score™ of 75/100 and a GF Value™ of 円2,537.84. The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Shinwa Co's retained earnings for the quarter that ended in Feb. 2026 was 円39,904 Mil.

Shinwa Co's quarterly retained earnings declined from Aug. 2025 (円38,762 Mil) to Nov. 2025 (円38,662 Mil) but then increased from Nov. 2025 (円38,662 Mil) to Feb. 2026 (円39,904 Mil).

Shinwa Co's annual retained earnings increased from Aug. 2023 (円35,167 Mil) to Aug. 2024 (円36,555 Mil) and increased from Aug. 2024 (円36,555 Mil) to Aug. 2025 (円38,762 Mil).


Shinwa Co  (NGO:7607) 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.


Shinwa Co Retained Earnings Historical Data

* Premium members only.

The historical data trend for Shinwa 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.

Shinwa Co Retained Earnings Chart

Shinwa Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29,908.86 32,704.88 35,166.94 36,554.57 38,761.75

Shinwa Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 38,133.37 38,761.75 38,661.55 39,903.67 39,874.70
NGO:7607
75GF Score
Shinwa Co Ltd NGO:7607
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinwa 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39,904 Mil mean?
Shinwa Co (NGO:7607) has a Retained Earnings of 円39,904 Mil as of Feb. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Shinwa Co and its competitors.
Is Shinwa Co's Retained Earnings too high?
Shinwa Co's current Retained Earnings is 円39,904 Mil. Overall, Shinwa Co has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Shinwa Co's Retained Earnings compare to GEV and ETN?
Shinwa Co's Retained Earnings of 円39,904 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Retained Earnings depends on the Industrial Products 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 Shinwa Co and its competitors. Shinwa Co's current Retained Earnings is 円39,904 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinwa Co stock overvalued right now?
Shinwa Co (NGO:7607) has a current Retained Earnings of 円39,904 Mil. The stock's GF Value™ is 円2,537.84, compared to a current price of 円2,464.00 — trading 2.9% below its estimated fair value. The current Retained Earnings is 円39,904 Mil. Shinwa Co's overall GF Score™ is 75/100 with 2 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 Shinwa Co (NGO:7607), the current Retained Earnings is 円39,904 Mil as of Feb. 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 Shinwa Co (NGO:7607) Overvalued in 2026?

Based on GuruFocus' analysis, Shinwa Co stock appears to be undervalued. The current stock price of 円2,464.00 is trading 2.9% below its estimated GF Value™ of 円2,537.84.

Key valuation signals for NGO:7607:

  • Retained Earnings: 円39,904 Mil
  • GF Value™: 円2,537.84 vs. price of 円2,464.00 (2.9% below fair value)
  • GF Score™: 75/100 with 2 warning signs

No single metric tells the full story. See the NGO:7607 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinwa Co Business Description

Other Exchanges 7607:Japan
Address 2-9-3, Naeshiro, Nagoya, JPN
Shinwa Co Ltd is an engineering, manufacturing, and international trading and logistics company. The deals in metal-joining, industrial machine and factory automation system related products, maintenance, re-condition and upgrade of machinery and equipment requiring specialized welding techniques.
75GF Score

Get the complete analysis for NGO:7607

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

円2,464.00
Price
円2,537.84
GF Value