Soracom (TSE:147A) Retained Earnings : 円473 Mil (As of Dec. 2023)

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What is Soracom Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Soracom's retained earnings for the quarter that ended in Dec. 2023 was 円473 Mil.

Soracom's quarterly retained earnings increased from Mar. 2022 (円-54 Mil) to Mar. 2023 (円17 Mil) and increased from Mar. 2023 (円17 Mil) to Dec. 2023 (円473 Mil).

Soracom's annual retained earnings increased from . 20 (円0 Mil) to Mar. 2022 (円-54 Mil) and increased from Mar. 2022 (円-54 Mil) to Mar. 2023 (円17 Mil).

Soracom Retained Earnings Historical Data

The historical data trend for Soracom'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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Soracom Retained Earnings Chart

Soracom Annual Data

Trend

Mar22

Mar23

Retained Earnings

-54.10

16.78

Soracom Quarterly Data
	Mar22	Mar23	Dec23
Retained Earnings	-54.10	16.78	473.11

Soracom 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.

Soracom (TSE:147A) 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.

Soracom (TSE:147A) Business Description

Industry

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Address

3rd floor Ojima building, 4-5-6 Tamagawa, Setagaya-ku, Tokyo, JPN, 158-0094

Website

https://www.soracom.com

Soracom Inc is engaged in development and provision of the IoT platform SORACOM. IoT platform SORACOM provides one-stop IoT devices, communications, applications, etc.

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