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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mori Hills Reit Investment's retained earnings for the quarter that ended in Jan. 2026 was 円6,153 Mil.
Mori Hills Reit Investment's quarterly retained earnings
declined
from Jan. 2025 (円6,193 Mil) to Jul. 2025 (円6,123 Mil) but then
increased
from Jul. 2025 (円6,123 Mil) to Jan. 2026 (円6,153 Mil).
Mori Hills Reit Investment's annual retained earnings
declined
from Jul. 2023 (円6,452 Mil) to Jul. 2024 (円6,372 Mil) and
declined
from Jul. 2024 (円6,372 Mil) to Jul. 2025 (円6,123 Mil).
Mori Hills Reit Investment (TSE:3234) 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.
Mori Hills Reit Investment Retained Earnings Historical Data
* 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.
Mori Hills Reit Investment Retained Earnings Chart
Mori Hills Reit Investment 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.
Mori Hills Reit Investment (TSE:3234) has a Retained Earnings of 円6,153 Mil as of Jan. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Mori Hills Reit Investment and its competitors.
Is Mori Hills Reit Investment's Retained Earnings too high?
Mori Hills Reit Investment's current Retained Earnings is 円6,153 Mil. Overall, Mori Hills Reit Investment has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mori Hills Reit Investment's Retained Earnings compare to VICI and WPC?
Mori Hills Reit Investment's Retained Earnings of 円6,153 Mil can be compared against companies in the REITs 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 REITs company?
A good Retained Earnings depends on the REITs 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 Mori Hills Reit Investment and its competitors. Mori Hills Reit Investment's current Retained Earnings is 円6,153 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mori Hills Reit Investment stock overvalued right now?
Based on GuruFocus' analysis, Mori Hills Reit Investment (TSE:3234) is currently considered Modestly Undervalued. The stock's GF Value™ is 円142,950.03, compared to a current price of 円128,400.00 — trading 10.2% below its estimated fair value. The current Retained Earnings is 円6,153 Mil. Mori Hills Reit Investment's overall GF Score™ is 61/100 with 3 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 Mori Hills Reit Investment (TSE:3234), the current Retained Earnings is 円6,153 Mil as of Jan. 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 Mori Hills Reit Investment (TSE:3234) Overvalued in 2026?
Based on GuruFocus' analysis, Mori Hills Reit Investment stock appears to be undervalued.
The current stock price of 円128,400.00 is trading 10.2% below its estimated GF Value™ of 円142,950.03.
GuruFocus considers Mori Hills Reit Investment to be Modestly Undervalued.
Key valuation signals for TSE:3234:
Retained Earnings: 円6,153 Mil
GF Value™: 円142,950.03 vs. price of 円128,400.00 (10.2% below fair value)
No single metric tells the full story. See the TSE:3234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mori Hills Reit Investment Corp is engaged in real estate investment, leasing, and management. The firm's primary objective is to secure steady growth in its portfolio and to maximize unitholders' value by making selective investments that mainly target areas and real estate properties. The company's real estate portfolio, as of the end of the twenty-first fiscal period, was comprised of ten properties. The company owns real estate office buildings and residential and retail properties available for lease in Tokyo.
61GF Score
Get the complete analysis for TSE:3234
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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