Nikon (NINOY) Retained Earnings: $2,642 Mil (As of Mar. 2026)

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NINOY Nikon Corp NINOY
75 GF Score
Price $13.25
GF Value $10.91
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Nikon Retained Earnings?

Nikon NINOY -1.85% 75 Retained Earnings is $2,642 Mil as of Mar. 2026. GuruFocus rates NINOY with a GF Score™ of 75/100 and a GF Value™ of $10.91 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nikon's retained earnings for the quarter that ended in Mar. 2026 was $2,642 Mil.

Nikon's quarterly retained earnings declined from Sep. 2025 ($3,464 Mil) to Dec. 2025 ($2,620 Mil) but then increased from Dec. 2025 ($2,620 Mil) to Mar. 2026 ($2,642 Mil).

Nikon's annual retained earnings declined from Mar. 2024 ($3,663 Mil) to Mar. 2025 ($3,442 Mil) and declined from Mar. 2025 ($3,442 Mil) to Mar. 2026 ($2,642 Mil).


Nikon  (OTCPK:NINOY) 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.


Nikon Retained Earnings Historical Data

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The historical data trend for Nikon'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.

Nikon Retained Earnings Chart

Nikon 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 4,224.35 3,943.82 3,663.38 3,442.39 2,641.55

Nikon Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 3,442.39 3,556.62 3,463.76 2,619.63 2,641.55
NINOY
75GF Score
Nikon Corp NINOY
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Nikon 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 $2,642 Mil mean?
Nikon (NINOY) has a Retained Earnings of $2,642 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Nikon and its competitors.
Is Nikon's Retained Earnings too high?
Nikon's current Retained Earnings is $2,642 Mil. Overall, Nikon has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nikon's Retained Earnings compare to AS and HAS?
Nikon's Retained Earnings of $2,642 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Retained Earnings depends on the Travel & Leisure 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 Nikon and its competitors. Nikon's current Retained Earnings is $2,642 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikon stock overvalued right now?
Based on GuruFocus' analysis, Nikon (NINOY) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.91, compared to a current price of $13.25 — trading 21.4% above its estimated fair value. The current Retained Earnings is $2,642 Mil. Nikon's overall GF Score™ is 75/100 with 9 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 Nikon (NINOY), the current Retained Earnings is $2,642 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 Nikon (NINOY) Overvalued in 2026?

Based on GuruFocus' analysis, Nikon stock appears to be overvalued. The current stock price of $13.25 is trading 21.4% above its estimated GF Value™ of $10.91. GuruFocus considers Nikon to be Modestly Overvalued.

Key valuation signals for NINOY:

  • Retained Earnings: $2,642 Mil
  • GF Value™: $10.91 vs. price of $13.25 (21.4% above fair value)
  • GF Score™: 75/100 with 9 warning signs

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


Nikon Business Description

Address 1-5-20 Nishioi, Shinagawa-ku, Tokyo, JPN, 140-8601
Nikon Corp is a Japan-based precision optics and imaging company. The group operates across five business segments: Component Business, providing industrial microscopes, measuring instruments, X-ray/CT inspection systems, optical components, and engineering services; Digital Manufacturing Business, offering metal 3D printers, encoders, digital solutions, EUV- and space-related components, and FPD photomask substrates; Healthcare Business, delivering life science, eye-care, and cell contract manufacturing solutions; Precision Machinery Business, focused on FPD and semiconductor lithography equipment; and Video Business, engaged in interchangeable-lens digital cameras, compact digital cameras, and interchangeable lenses. It generates majority of its revenue from the Video Business segment.
75GF Score

Get the complete analysis for NINOY

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

$13.25
Price
$10.91
GF Value