Toyobo Co (TSE:3101) Retained Earnings : 円70,315 Mil (As of Mar. 2024)

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What is Toyobo Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Toyobo Co's retained earnings for the quarter that ended in Mar. 2024 was 円70,315 Mil.

Toyobo Co's quarterly retained earnings declined from Sep. 2023 (円68,967 Mil) to Dec. 2023 (円68,529 Mil) but then increased from Dec. 2023 (円68,529 Mil) to Mar. 2024 (円70,315 Mil).

Toyobo Co's annual retained earnings declined from Mar. 2022 (円74,700 Mil) to Mar. 2023 (円70,490 Mil) and declined from Mar. 2023 (円70,490 Mil) to Mar. 2024 (円70,315 Mil).

Toyobo Co Retained Earnings Historical Data

The historical data trend for Toyobo 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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Toyobo Co Retained Earnings Chart

Toyobo Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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61,929.00

64,351.00

74,700.00

70,490.00

70,315.00

Toyobo Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Retained Earnings	Get a 7-Day Free Trial															66,448.00	68,967.00	68,529.00	70,315.00	-

Toyobo 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.

Toyobo Co (TSE:3101) 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.

Toyobo Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Toyobo Co Ltd (TSE:3101) » Definitions » Retained Earnings

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TO7:Germany

Address

2-8, Dojima Hama 2-chome, Kita-ku, Osaka, JPN, 530-8230

Website

http://www.toyobo.co.jp

Toyobo Co Ltd manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into four segments based on product type. The films and functional polymers segment, which generates more of Toyobo's revenue than any other segment, sells industrial films for liquid crystal displays, packaging films for food packaging, and engineered plastics and coatings for electronics. The industrial materials segment sells airbag fabrics and polyester for tires to the automotive industry. The healthcare segment sells enzymes for diagnostics, diagnostic systems, pharmaceuticals, and seawater desalination modules. The textiles segment sells synthetic and acrylic fibers used for apparel production. The majority of revenue comes from Japan.

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