Shiseido Co (Shiseido Co) Retained Earnings : $2,641 Mil (As of Dec. 2023)

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What is Shiseido Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Shiseido Co's retained earnings for the quarter that ended in Dec. 2023 was $2,641 Mil.

Shiseido Co's quarterly retained earnings declined from Jun. 2023 ($2,664 Mil) to Sep. 2023 ($2,524 Mil) but then increased from Sep. 2023 ($2,524 Mil) to Dec. 2023 ($2,641 Mil).

Shiseido Co's annual retained earnings declined from Dec. 2021 ($3,270 Mil) to Dec. 2022 ($2,927 Mil) and declined from Dec. 2022 ($2,927 Mil) to Dec. 2023 ($2,641 Mil).

Shiseido Co Retained Earnings Historical Data

The historical data trend for Shiseido 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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Shiseido Co Retained Earnings Chart

Shiseido Co Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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3,404.51

3,235.97

3,269.72

2,926.86

2,640.67

Shiseido Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															2,926.86	2,792.68	2,663.68	2,523.72	2,640.67

Shiseido 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.

Shiseido Co (OTCPK:SSDOY) 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.

Shiseido Co (Shiseido Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shiseido Co Ltd (OTCPK:SSDOY) » Definitions » Retained Earnings

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Traded in Other Exchanges

SSDOF:USA 4911:Japan SHD:Germany

Address

5-5 Ginza 7-chome, Chuo-ku, Tokyo, JPN, 104-0061

Website

http://www.shiseido.co.jp

Shiseido is a leading Japanese cosmetics manufacturer. Founded in 1872, the first Western-style pharmacy in Ginza, Tokyo, it is one of the oldest cosmetics companies globally. Shiseido's suite of 31 brands, including its namesake brand and luxury Clé de Peau Beauté, has an 9.3% share of Japan's beauty and personal care market and 18.3% share of Japan's premium segment according to Euromonitor. It is also ranked No. 3 after Estée Lauder and L'Oréal, with 7.6% market share in the global premium skincare space, thanks to a strong presence in China. China, Japan, and western markets each account for about 25% of sales, followed by 15% of travel retail, and 6% in Asia. Its distribution channels include department stores, drugstores, specialty retailers, travel retailers, and e-commerce.

Shiseido Co (Shiseido Co) Headlines

From GuruFocus

Full Year 2023 Shiseido Co Ltd Earnings Presentation Transcript

By GuruFocus Research • 02-12-2024