Trust Co (TSE:3347) Retained Earnings : 円7,057 Mil (As of Dec. 2023)

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What is Trust Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Trust Co's retained earnings for the quarter that ended in Dec. 2023 was 円7,057 Mil.

Trust Co's quarterly retained earnings increased from Jun. 2023 (円6,976 Mil) to Sep. 2023 (円7,310 Mil) but then declined from Sep. 2023 (円7,310 Mil) to Dec. 2023 (円7,057 Mil).

Trust Co's annual retained earnings increased from Mar. 2021 (円4,986 Mil) to Mar. 2022 (円5,709 Mil) and increased from Mar. 2022 (円5,709 Mil) to Mar. 2023 (円6,748 Mil).

Trust Co Retained Earnings Historical Data

The historical data trend for Trust 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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Trust Co Retained Earnings Chart

Trust Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

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4,779.48

5,039.72

4,985.72

5,709.26

6,748.35

Trust Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															6,467.40	6,748.35	6,976.32	7,309.59	7,057.26

Trust 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.

Trust Co (TSE:3347) 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.

Trust Co (TSE:3347) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Trust Co Ltd (TSE:3347) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

3/F, Sakae VT Bldg.,3-10-32 Nishiki, Naka-ku, Nagoya, Aichi, JPN, 460-0003

Website

http://www.trust-ltd.co.jp

Trust Co Ltd operates as a second hand car exporter. The company is engaged in business model of B2C where it sells the products directly to overseas customers.

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