Nippon Rietec Co (TSE:1938) Retained Earnings: 円60,525 Mil (As of Mar. 2026)

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TSE:1938 Nippon Rietec Co Ltd TSE:1938
74 GF Score
Price 円2,479.00
GF Value 円1,864.47
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Nippon Rietec Co Retained Earnings?

Nippon Rietec Co TSE:1938 -1.24% 74 Retained Earnings is 円60,525 Mil as of Mar. 2026. GuruFocus rates TSE:1938 with a GF Score™ of 74/100 and a GF Value™ of 円1,864.47 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nippon Rietec Co's retained earnings for the quarter that ended in Mar. 2026 was 円60,525 Mil.

Nippon Rietec Co's quarterly retained earnings increased from Sep. 2025 (円56,133 Mil) to Dec. 2025 (円57,520 Mil) and increased from Dec. 2025 (円57,520 Mil) to Mar. 2026 (円60,525 Mil).

Nippon Rietec Co's annual retained earnings increased from Mar. 2024 (円53,122 Mil) to Mar. 2025 (円56,989 Mil) and increased from Mar. 2025 (円56,989 Mil) to Mar. 2026 (円60,525 Mil).


Nippon Rietec Co  (TSE:1938) 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.


Nippon Rietec Co Retained Earnings Historical Data

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The historical data trend for Nippon Rietec 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.

Nippon Rietec Co Retained Earnings Chart

Nippon Rietec 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 49,567.25 51,025.27 53,121.87 56,988.90 60,525.46

Nippon Rietec Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 55,101.29 56,133.28 57,520.07 60,525.46 58,899.67
TSE:1938
74GF Score
Nippon Rietec Co Ltd TSE:1938
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Rietec 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60,525 Mil mean?
Nippon Rietec Co (TSE:1938) has a Retained Earnings of 円60,525 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Nippon Rietec Co and its competitors.
Is Nippon Rietec Co's Retained Earnings too high?
Nippon Rietec Co's current Retained Earnings is 円60,525 Mil. Overall, Nippon Rietec Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Rietec Co's Retained Earnings compare to PWR and FIX?
Nippon Rietec Co's Retained Earnings of 円60,525 Mil can be compared against companies in the Construction 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 Construction company?
A good Retained Earnings depends on the Construction 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 Nippon Rietec Co and its competitors. Nippon Rietec Co's current Retained Earnings is 円60,525 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Rietec Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Rietec Co (TSE:1938) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,864.47, compared to a current price of 円2,479.00 — trading 33% above its estimated fair value. The current Retained Earnings is 円60,525 Mil. Nippon Rietec Co's overall GF Score™ is 74/100 with 1 warning sign 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 Nippon Rietec Co (TSE:1938), the current Retained Earnings is 円60,525 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 Nippon Rietec Co (TSE:1938) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Rietec Co stock appears to be overvalued. The current stock price of 円2,479.00 is trading 33% above its estimated GF Value™ of 円1,864.47. GuruFocus considers Nippon Rietec Co to be Significantly Overvalued.

Key valuation signals for TSE:1938:

  • Retained Earnings: 円60,525 Mil
  • GF Value™: 円1,864.47 vs. price of 円2,479.00 (33% above fair value)
  • GF Score™: 74/100 with 1 warning sign

No single metric tells the full story. See the TSE:1938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Rietec Co Business Description

Address 6, Kanda Jincho-cho, Chiyoda-ku, Tokyo, JPN, 101-0054
Nippon Rietec Co Ltd manufactures and sales electrical equipment for various divisions. The company operates in four business divisions including Railway electrical equipment construction, Road equipment, Indoor and outdoor electrical equipment construction and Transmission line construction. Its product offering includes signal equipment, train line equipment, power generation equipment, electric power equipment, distribution line equipment, telecommunication equipment, road information control system, road signs, sound insulation walls, road lighting equipment, aircraft lighting equipment, disaster prevention equipment construction, sanitation equipment construction, machinery equipment facility construction, civil engineering work, and waterproofing construction.
74GF Score

Get the complete analysis for TSE:1938

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

円2,479.00
Price
円1,864.47
GF Value