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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nousouken's retained earnings for the quarter that ended in Feb. 2026 was 円128 Mil.
Nousouken's quarterly retained earnings
declined
from Feb. 2025 (円221 Mil) to Aug. 2025 (円145 Mil) and
declined
from Aug. 2025 (円145 Mil) to Feb. 2026 (円128 Mil).
Nousouken's annual retained earnings
increased
from Aug. 2023 (円25 Mil) to Aug. 2024 (円134 Mil) and
increased
from Aug. 2024 (円134 Mil) to Aug. 2025 (円145 Mil).
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.
Nousouken Retained Earnings Historical Data
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The historical data trend for Nousouken'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.
Nousouken (TSE:3541) has a Retained Earnings of 円128 Mil as of Feb. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Nousouken and its competitors.
Is Nousouken's Retained Earnings too high?
Nousouken's current Retained Earnings is 円128 Mil. Overall, Nousouken has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Nousouken's Retained Earnings compare to SYY and USFD?
Nousouken's Retained Earnings of 円128 Mil can be compared against companies in the Retail - Defensive 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 - Defensive company?
A good Retained Earnings depends on the Retail - Defensive 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 Nousouken and its competitors. Nousouken's current Retained Earnings is 円128 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nousouken stock overvalued right now?
Nousouken (TSE:3541) has a current Retained Earnings of 円128 Mil. The stock's GF Value™ is 円474.62, compared to a current price of 円763.00 — trading 60.8% above its estimated fair value. The current Retained Earnings is 円128 Mil. Nousouken's overall GF Score™ is 45/100 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 Nousouken (TSE:3541), the current Retained Earnings is 円128 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 Nousouken (TSE:3541) Overvalued in 2026?
Based on GuruFocus' analysis, Nousouken stock appears to be overvalued.
The current stock price of 円763.00 is trading 60.8% above its estimated GF Value™ of 円474.62.
Key valuation signals for TSE:3541:
Retained Earnings: 円128 Mil
GF Value™: 円474.62 vs. price of 円763.00 (60.8% above fair value)
No single metric tells the full story. See the TSE:3541 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nousouken Corp provides an agricultural product distribution platform that directly connects various collection points and logistics centers across Japan. The company's reportable segments are Farmers' Direct Sales and Direct Wholesale. Maximum revenue is generated from the Farmers' Direct sales segment, a distribution platform business that delivers and sells fresh agricultural produce collected at collection centers across the country to in-shops (farmers' direct sales stores) set up in urban supermarkets. The Direct Wholesale segment is a wholesale business in which the company purchases agricultural products directly from producers, brands them, and then wholesale them to supermarkets.
45GF Score
Get the complete analysis for TSE:3541
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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