GLP J-REIT (TSE:3281) Retained Earnings: 円14,898 Mil (As of Feb. 2026)

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TSE:3281 GLP J-REIT TSE:3281
77 GF Score
Price 円139,800.00
GF Value 円145,861.14
Valuation Fairly Valued
! 6 Warning Signs
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What is GLP J-REIT Retained Earnings?

GLP J-REIT TSE:3281 -1.13% 77 Retained Earnings is 円14,898 Mil as of Feb. 2026. GuruFocus rates TSE:3281 with a GF Score™ of 77/100 and a GF Value™ of 円145,861.14 (Fairly Valued). The stock has 6 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. GLP J-REIT's retained earnings for the quarter that ended in Feb. 2026 was 円14,898 Mil.

GLP J-REIT's quarterly retained earnings increased from Feb. 2025 (円15,047 Mil) to Aug. 2025 (円16,064 Mil) but then declined from Aug. 2025 (円16,064 Mil) to Feb. 2026 (円14,898 Mil).

GLP J-REIT's annual retained earnings declined from Aug. 2023 (円14,039 Mil) to Aug. 2024 (円14,004 Mil) but then increased from Aug. 2024 (円14,004 Mil) to Aug. 2025 (円16,064 Mil).


GLP J-REIT  (TSE:3281) 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.


GLP J-REIT Retained Earnings Historical Data

* Premium members only.

The historical data trend for GLP J-REIT'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.

GLP J-REIT Retained Earnings Chart

GLP J-REIT Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,764.00 16,456.59 14,038.96 14,004.23 16,064.38

GLP J-REIT Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 12,705.86 14,004.23 15,047.34 16,064.38 14,897.58
TSE:3281
77GF Score
GLP J-REIT TSE:3281
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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GLP J-REIT 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14,898 Mil mean?
GLP J-REIT (TSE:3281) has a Retained Earnings of 円14,898 Mil as of Feb. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on GLP J-REIT and its competitors.
Is GLP J-REIT's Retained Earnings too high?
GLP J-REIT's current Retained Earnings is 円14,898 Mil. Overall, GLP J-REIT has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GLP J-REIT's Retained Earnings compare to PLD and PSA?
GLP J-REIT's Retained Earnings of 円14,898 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 GLP J-REIT and its competitors. GLP J-REIT's current Retained Earnings is 円14,898 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GLP J-REIT stock overvalued right now?
Based on GuruFocus' analysis, GLP J-REIT (TSE:3281) is currently considered Fairly Valued. The stock's GF Value™ is 円145,861.14, compared to a current price of 円139,800.00 — trading 4.2% below its estimated fair value. The current Retained Earnings is 円14,898 Mil. GLP J-REIT's overall GF Score™ is 77/100 with 6 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 GLP J-REIT (TSE:3281), the current Retained Earnings is 円14,898 Mil as of Feb. 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 GLP J-REIT (TSE:3281) Overvalued in 2026?

Based on GuruFocus' analysis, GLP J-REIT stock appears to be undervalued. The current stock price of 円139,800.00 is trading 4.2% below its estimated GF Value™ of 円145,861.14. GuruFocus considers GLP J-REIT to be Fairly Valued.

Key valuation signals for TSE:3281:

  • Retained Earnings: 円14,898 Mil
  • GF Value™: 円145,861.14 vs. price of 円139,800.00 (4.2% below fair value)
  • GF Score™: 77/100 with 6 warning signs

No single metric tells the full story. See the TSE:3281 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GLP J-REIT Business Description

Industry Real EstateREITs
Address Tokyo Midtown Yaesu, 16F, Yaesu Central Tower, 2-2-1 Yaesu, Chuo-ku, Tokyo, JPN
GLP J-REIT is a Japan-based real estate investment trust. The company invests in logistic facilities and related real estate properties mainly located in Kanto and Kansai regions and other areas. Its properties are classified under Multi-tenant property and build-to-suit property segments. It holds a range of proprieties such as GLP Tokyo, GLP Sugito II, GLP Koshigaya II, GLP Misato II, GLP Amagasaki, GLP Higashi-Ogishima, GLP Akishima, GLP Tomisato, GLP Narashino II, GLP Funabashi, GLP Kazo, GLP Fukaya and others.
77GF Score

Get the complete analysis for TSE:3281

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

円139,800.00
Price
円145,861.14
GF Value