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Kyowa Leather Cloth Co (TSE:3553) Retained Earnings : 円30,533 Mil (As of Sep. 2024)


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What is Kyowa Leather Cloth Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kyowa Leather Cloth Co's retained earnings for the quarter that ended in Sep. 2024 was 円30,533 Mil.

Kyowa Leather Cloth Co's quarterly retained earnings declined from Mar. 2024 (円30,435 Mil) to Jun. 2024 (円0 Mil) but then increased from Jun. 2024 (円0 Mil) to Sep. 2024 (円30,533 Mil).

Kyowa Leather Cloth Co's annual retained earnings declined from Mar. 2022 (円29,285 Mil) to Mar. 2023 (円29,054 Mil) but then increased from Mar. 2023 (円29,054 Mil) to Mar. 2024 (円30,435 Mil).


Kyowa Leather Cloth Co Retained Earnings Historical Data

The historical data trend for Kyowa Leather Cloth 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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Kyowa Leather Cloth Co Retained Earnings Chart

Kyowa Leather Cloth Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27,531.00 28,287.00 29,285.00 29,054.00 30,435.00

Kyowa Leather Cloth Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 30,125.00 30,435.00 - 30,533.00 30,758.00

Kyowa Leather Cloth 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.


Kyowa Leather Cloth Co  (TSE:3553) 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.


Kyowa Leather Cloth Co Business Description

Traded in Other Exchanges
N/A
Address
1876 Higashi-machi, Minami-ku, Shizuoka Prefecture, Hamamatsu, JPN, 430-8510
Kyowa Leather Cloth Co Ltd is a Japan-based chemical manufacturer. The company is mainly engaged in the manufacturing, processing, and sales of various synthetic resin products. It operates in Automotive, Housing and Fashion and lifestyle business divisions. Kyowa offers synthetic leather cover materials for automotive interiors, decorative products like wall covering paper or film, wood paneling for furniture, interior doors and walls, steel laminated decorative film, polyvinyl chloride (PVC) products consisting of handbags, shoes, and accessories.

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