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I rom Group Co (TSE:2372) Retained Earnings : 円7,161 Mil (As of Dec. 2023)


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What is I rom Group Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. I rom Group Co's retained earnings for the quarter that ended in Dec. 2023 was 円7,161 Mil.

I rom Group Co's quarterly retained earnings increased from Jun. 2023 (円7,565 Mil) to Sep. 2023 (円7,765 Mil) but then declined from Sep. 2023 (円7,765 Mil) to Dec. 2023 (円7,161 Mil).

I rom Group Co's annual retained earnings increased from Mar. 2021 (円3,620 Mil) to Mar. 2022 (円5,099 Mil) and increased from Mar. 2022 (円5,099 Mil) to Mar. 2023 (円7,036 Mil).


I rom Group Co Retained Earnings Historical Data

The historical data trend for I rom Group 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.

* Premium members only.

I rom Group Co Retained Earnings Chart

I rom Group Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,877.00 2,724.00 3,620.00 5,099.00 7,036.00

I rom Group 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 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 6,732.00 7,036.00 7,565.00 7,765.00 7,161.00

I rom Group 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.


I rom Group Co  (TSE:2372) 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.


I rom Group Co (TSE:2372) Business Description

Traded in Other Exchanges
N/A
Address
Iidabashi Grand Bloom 2-10-2 Fujimi, Chiyoda-ku, Tokyo, JPN, 102-0071
I rom Group Co Ltd is a Japan based company engages in provision of medicinal treatment, site management organization, contract research organization, and medical support to pharmaceutical companies.

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