Storage-OH Co (TSE:2997) Retained Earnings : 円460 Mil (As of Jul. 2024)

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What is Storage-OH Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Storage-OH Co's retained earnings for the quarter that ended in Jul. 2024 was 円460 Mil.

Storage-OH Co's quarterly retained earnings declined from Jan. 2024 (円575 Mil) to Apr. 2024 (円512 Mil) and declined from Apr. 2024 (円512 Mil) to Jul. 2024 (円460 Mil).

Storage-OH Co's annual retained earnings increased from Jan. 2021 (円238 Mil) to Jan. 2022 (円362 Mil) and increased from Jan. 2022 (円362 Mil) to Jan. 2023 (円465 Mil).

Storage-OH Co Retained Earnings Historical Data

The historical data trend for Storage-OH 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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Storage-OH Co Retained Earnings Chart

Storage-OH Co Annual Data

Trend

Jan20

Jan21

Jan22

Jan23

Retained Earnings

307.30

238.31

362.17

465.10

Storage-OH Co Quarterly Data
	Jan20	Jan21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Retained Earnings	Get a 7-Day Free Trial									362.74	312.52	574.94	512.36	460.40

Storage-OH 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.

Storage-OH Co (TSE:2997) 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.

Storage-OH Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Storage-OH Co Ltd (TSE:2997) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

1-9-23 Ichikawaminami, Ichikawa-shi, 4th floor, Keiyo Housing Ichikawa Building, Chiba, JPN, 272-0033

Website

https://www.storageoh.jp

Storage-OH Co Ltd is a property management company. The company is engaged in planning, development, operation, management of trunk room property management business.

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