Maruichi Co (NGO:8228) Retained Earnings: 円19,932 Mil (As of Mar. 2026)

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NGO:8228 Maruichi Co Ltd NGO:8228
66 GF Score
Price 円1,117.00
GF Value 円1,566.99
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Maruichi Co Retained Earnings?

Maruichi Co NGO:8228 66 Retained Earnings is 円19,932 Mil as of Mar. 2026. GuruFocus rates NGO:8228 with a GF Score™ of 66/100 and a GF Value™ of 円1,566.99 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Maruichi Co's retained earnings for the quarter that ended in Mar. 2026 was 円19,932 Mil.

Maruichi Co's quarterly retained earnings increased from Sep. 2025 (円19,208 Mil) to Dec. 2025 (円20,116 Mil) but then declined from Dec. 2025 (円20,116 Mil) to Mar. 2026 (円19,932 Mil).

Maruichi Co's annual retained earnings increased from Mar. 2024 (円18,437 Mil) to Mar. 2025 (円18,641 Mil) and increased from Mar. 2025 (円18,641 Mil) to Mar. 2026 (円19,932 Mil).


Maruichi Co  (NGO:8228) 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.


Maruichi Co Retained Earnings Historical Data

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The historical data trend for Maruichi 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.

Maruichi Co Retained Earnings Chart

Maruichi 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 16,623.00 17,484.00 18,437.00 18,641.00 19,932.00

Maruichi Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 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 18,641.00 18,662.00 19,208.00 20,116.00 19,932.00
NGO:8228
66GF Score
Maruichi Co Ltd NGO:8228
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Maruichi 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19,932 Mil mean?
Maruichi Co (NGO:8228) has a Retained Earnings of 円19,932 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Maruichi Co and its competitors.
Is Maruichi Co's Retained Earnings too high?
Maruichi Co's current Retained Earnings is 円19,932 Mil. Overall, Maruichi Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maruichi Co's Retained Earnings compare to SYY and USFD?
Maruichi Co's Retained Earnings of 円19,932 Mil can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Retained Earnings depends on the Retail - Defensive 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 Maruichi Co and its competitors. Maruichi Co's current Retained Earnings is 円19,932 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruichi Co stock overvalued right now?
Based on GuruFocus' analysis, Maruichi Co (NGO:8228) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,566.99, compared to a current price of 円1,117.00 — trading 28.7% below its estimated fair value. The current Retained Earnings is 円19,932 Mil. Maruichi Co's overall GF Score™ is 66/100 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 Maruichi Co (NGO:8228), the current Retained Earnings is 円19,932 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 Maruichi Co (NGO:8228) Overvalued in 2026?

Based on GuruFocus' analysis, Maruichi Co stock appears to be undervalued. The current stock price of 円1,117.00 is trading 28.7% below its estimated GF Value™ of 円1,566.99. GuruFocus considers Maruichi Co to be Modestly Undervalued.

Key valuation signals for NGO:8228:

  • Retained Earnings: 円19,932 Mil
  • GF Value™: 円1,566.99 vs. price of 円1,117.00 (28.7% below fair value)
  • GF Score™: 66/100 with 2 warning signs

No single metric tells the full story. See the NGO:8228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruichi Co Business Description

Address 3-38 Nagano City Market, Nagano, JPN, 381-2281
Maruichi Co Ltd is engaged in the wholesale business of fishery products, dairy foods, and frozen foods, general dry foods, processed foods, livestock products, and processed livestock products, retail store support business, among others. The company has four reportable segments: "Fishery Business", "General Food Business", and "Livestock Business", which are segments by product and service based on business divisions, and "Marusui Nagano Kensui Group", which is a segment by operating company. The company generates the majority of its revenue from Fishery Business segment, which is engaged in seafood, processed seafood products, daily necessities, and frozen foods, and manufactures processed seafood products.
66GF Score

Get the complete analysis for NGO:8228

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

円1,117.00
Price
円1,566.99
GF Value