Mie Kotsu Group Holdings (TSE:3232) Retained Earnings: 円44,244 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:3232 Mie Kotsu Group Holdings Inc TSE:3232
77 GF Score
Price 円550.00
GF Value 円592.18
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Mie Kotsu Group Holdings Retained Earnings?

Mie Kotsu Group Holdings TSE:3232 -0.18% 77 Retained Earnings is 円44,244 Mil as of Mar. 2026. GuruFocus rates TSE:3232 with a GF Score™ of 77/100 and a GF Value™ of 円592.18 (Fairly Valued). The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mie Kotsu Group Holdings's retained earnings for the quarter that ended in Mar. 2026 was 円44,244 Mil.

Mie Kotsu Group Holdings's quarterly retained earnings increased from Sep. 2025 (円42,767 Mil) to Dec. 2025 (円44,075 Mil) and increased from Dec. 2025 (円44,075 Mil) to Mar. 2026 (円44,244 Mil).

Mie Kotsu Group Holdings's annual retained earnings increased from Mar. 2024 (円34,743 Mil) to Mar. 2025 (円39,600 Mil) and increased from Mar. 2025 (円39,600 Mil) to Mar. 2026 (円44,244 Mil).


Mie Kotsu Group Holdings  (TSE:3232) 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.


Mie Kotsu Group Holdings Retained Earnings Historical Data

* Premium members only.

The historical data trend for Mie Kotsu Group Holdings'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.

Mie Kotsu Group Holdings Retained Earnings Chart

Mie Kotsu Group Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28,165.16 31,092.03 34,742.91 39,599.77 44,244.03

Mie Kotsu Group Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39,599.77 40,865.53 42,767.34 44,074.71 44,244.03
TSE:3232
77GF Score
Mie Kotsu Group Holdings Inc TSE:3232
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mie Kotsu Group Holdings 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of 円44,244 Mil mean?
Mie Kotsu Group Holdings (TSE:3232) has a Retained Earnings of 円44,244 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Mie Kotsu Group Holdings and its competitors.
Is Mie Kotsu Group Holdings' Retained Earnings too high?
Mie Kotsu Group Holdings' current Retained Earnings is 円44,244 Mil. Overall, Mie Kotsu Group Holdings has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mie Kotsu Group Holdings' Retained Earnings compare to HON and MMM?
Mie Kotsu Group Holdings' Retained Earnings of 円44,244 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Retained Earnings depends on the Conglomerates 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 Mie Kotsu Group Holdings and its competitors. Mie Kotsu Group Holdings's current Retained Earnings is 円44,244 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mie Kotsu Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mie Kotsu Group Holdings (TSE:3232) is currently considered Fairly Valued. The stock's GF Value™ is 円592.18, compared to a current price of 円550.00 — trading 7.1% below its estimated fair value. The current Retained Earnings is 円44,244 Mil. Mie Kotsu Group Holdings' overall GF Score™ is 77/100 with 2 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 Mie Kotsu Group Holdings (TSE:3232), the current Retained Earnings is 円44,244 Mil as of Mar. 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 Mie Kotsu Group Holdings (TSE:3232) Overvalued in 2026?

Based on GuruFocus' analysis, Mie Kotsu Group Holdings stock appears to be undervalued. The current stock price of 円550.00 is trading 7.1% below its estimated GF Value™ of 円592.18. GuruFocus considers Mie Kotsu Group Holdings to be Fairly Valued.

Key valuation signals for TSE:3232:

  • Retained Earnings: 円44,244 Mil
  • GF Value™: 円592.18 vs. price of 円550.00 (7.1% below fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the TSE:3232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mie Kotsu Group Holdings Business Description

Other Exchanges MEKTF:USA
Address No. 1, No. 1 Tsu City, Mie, JPN
Mie Kotsu Group Holdings Inc is a Japan-based company mainly engaged in the provision of transportation services. The company operates through four businesses namely real estate, transportation, distribution and leisure services. Its real estate business is involved in the trading and leasing of real estates. The transportation business offers bus, taxi, railway transportation, and automobile maintenance services. Its distribution business consists of delivering goods and services. The leisure services market operates hotels and golf courses as well as tourism consulting services.
77GF Score

Get the complete analysis for TSE:3232

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円550.00
Price
円592.18
GF Value