Kibun Foods (TSE:2933) Retained Earnings : 円7,437 Mil (As of Dec. 2023)

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What is Kibun Foods Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kibun Foods's retained earnings for the quarter that ended in Dec. 2023 was 円7,437 Mil.

Kibun Foods's quarterly retained earnings declined from Jun. 2023 (円4,640 Mil) to Sep. 2023 (円4,254 Mil) but then increased from Sep. 2023 (円4,254 Mil) to Dec. 2023 (円7,437 Mil).

Kibun Foods's annual retained earnings increased from Mar. 2021 (円3,490 Mil) to Mar. 2022 (円5,159 Mil) and increased from Mar. 2022 (円5,159 Mil) to Mar. 2023 (円5,259 Mil).

Kibun Foods Retained Earnings Historical Data

The historical data trend for Kibun Foods'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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Kibun Foods Retained Earnings Chart

Kibun Foods Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

119.98

1,007.21

3,490.49

5,158.63

5,258.77

Kibun Foods Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial										5,330.73	5,258.77	4,639.73	4,253.90	7,437.45

Kibun Foods 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.

Kibun Foods (TSE:2933) 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.

Kibun Foods (TSE:2933) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kibun Foods Inc (TSE:2933) » Definitions » Retained Earnings

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Traded in Other Exchanges

N/A

Address

5-15-1, Ginza, Chuo-ku, Tokyo, JPN, 104-8101

Website

https://www.kibun.co.jp

Kibun Foods Inc is engaged in the manufacture and sale of comprehensive processed foods, mainly fish paste products.

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