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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Generation Pass Co's retained earnings for the quarter that ended in Apr. 2026 was 円865 Mil.
Generation Pass Co's quarterly retained earnings
increased
from Apr. 2025 (円706 Mil) to Oct. 2025 (円746 Mil) and
increased
from Oct. 2025 (円746 Mil) to Apr. 2026 (円865 Mil).
Generation Pass Co's annual retained earnings
declined
from Oct. 2023 (円723 Mil) to Oct. 2024 (円585 Mil) but then
increased
from Oct. 2024 (円585 Mil) to Oct. 2025 (円746 Mil).
Generation Pass Co (TSE:3195) 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.
Generation Pass Co Retained Earnings Historical Data
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The historical data trend for Generation Pass 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.
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.
Generation Pass Co (TSE:3195) has a Retained Earnings of 円865 Mil as of Apr. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Generation Pass Co and its competitors.
Is Generation Pass Co's Retained Earnings too high?
Generation Pass Co's current Retained Earnings is 円865 Mil. Overall, Generation Pass Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Generation Pass Co's Retained Earnings compare to AMZN and BABA?
Generation Pass Co's Retained Earnings of 円865 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Retail - Cyclical company?
A good Retained Earnings depends on the Retail - Cyclical industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Generation Pass Co and its competitors. Generation Pass Co's current Retained Earnings is 円865 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Generation Pass Co stock overvalued right now?
Based on GuruFocus' analysis, Generation Pass Co (TSE:3195) is currently considered Significantly Overvalued. The stock's GF Value™ is 円325.26, compared to a current price of 円650.00 — trading 99.8% above its estimated fair value. The current Retained Earnings is 円865 Mil. Generation Pass Co's overall GF Score™ is 53/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Generation Pass Co (TSE:3195), the current Retained Earnings is 円865 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Generation Pass Co (TSE:3195) Overvalued in 2026?
Based on GuruFocus' analysis, Generation Pass Co stock appears to be overvalued.
The current stock price of 円650.00 is trading 99.8% above its estimated GF Value™ of 円325.26.
GuruFocus considers Generation Pass Co to be Significantly Overvalued.
Key valuation signals for TSE:3195:
Retained Earnings: 円865 Mil
GF Value™: 円325.26 vs. price of 円650.00 (99.8% above fair value)
No single metric tells the full story. See the TSE:3195 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Generation Pass Co Ltd provides e-commerce marketing and support services in Japan. The company's operating segments include EC Marketing Business and Product Planning related business. The EC Marketing Business involves collecting and analyzing big data from EC sites operated by the group. The Product Planning related segment is a project that utilizes the product data acquired by the company's EC marketing business, and mainly engages in planning and development of products in collaboration with manufacturers.
53GF Score
Get the complete analysis for TSE:3195
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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