Wedge Co (TSE:252A) Retained Earnings : 円366 Mil (As of Jun. 2024)

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What is Wedge Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Wedge Co's retained earnings for the quarter that ended in Jun. 2024 was 円366 Mil.

Wedge Co's quarterly retained earnings increased from Dec. 2022 (円288 Mil) to Dec. 2023 (円347 Mil) and increased from Dec. 2023 (円347 Mil) to Jun. 2024 (円366 Mil).

Wedge Co's annual retained earnings increased from . 20 (円0 Mil) to Dec. 2022 (円288 Mil) and increased from Dec. 2022 (円288 Mil) to Dec. 2023 (円347 Mil).

Wedge Co Retained Earnings Historical Data

The historical data trend for Wedge 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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Wedge Co Retained Earnings Chart

Wedge Co Annual Data

Trend

Dec22

Dec23

Retained Earnings

288.09

347.04

Wedge Co Semi-Annual Data
	Dec22	Dec23	Jun24
Retained Earnings	288.09	347.04	366.35

Wedge 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.

Wedge Co (TSE:252A) 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.

Wedge Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wedge Co Ltd (TSE:252A) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

2 Kisshoin Shimizu-cho, Minami-ku, Kyoto Prefecture, Kyoto, JPN, 601-8329

Website

https://www.aaa-wedge.co.jp

Wedge Co Ltd is engaged in the Design, development, sales, maintenance, management, and rental and leasing of wireless communication devices. Its products include Digital simple radio registration stations, Specific low-power transceivers, repeaters, Business radios, Earphones, Microphones, chargers, Battery clips, Storage cases, antennas, GPs and others.

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