SOFTMAX Co (TSE:3671) Retained Earnings : 円2,434 Mil (As of Jun. 2024)

View and export this data going back to 2013. Start your Free Trial

What is SOFTMAX Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SOFTMAX Co's retained earnings for the quarter that ended in Jun. 2024 was 円2,434 Mil.

SOFTMAX Co's quarterly retained earnings declined from Dec. 2023 (円2,474 Mil) to Mar. 2024 (円2,305 Mil) but then increased from Mar. 2024 (円2,305 Mil) to Jun. 2024 (円2,434 Mil).

SOFTMAX Co's annual retained earnings increased from Dec. 2021 (円1,901 Mil) to Dec. 2022 (円2,201 Mil) and increased from Dec. 2022 (円2,201 Mil) to Dec. 2023 (円2,474 Mil).

SOFTMAX Co Retained Earnings Historical Data

The historical data trend for SOFTMAX 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.

* Premium members only.

SOFTMAX Co Retained Earnings Chart

SOFTMAX Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

1,286.74

1,550.04

1,901.08

2,201.11

2,474.31

SOFTMAX Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Retained Earnings	Get a 7-Day Free Trial															2,148.00	2,202.43	2,474.31	2,304.82	2,433.63

SOFTMAX 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.

SOFTMAX Co (TSE:3671) 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.

SOFTMAX Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » SOFTMAX Co Ltd (TSE:3671) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gotenyama Trust Tower, 7th floor, 4-7-35 Shinagawa-ku, Tokyo, JPN, 103-0011

Website

http://www.s-max.co.jp

SOFTMAX Co Ltd provides optimal solutions for customers based on their developed PlusUs series such as Web type electronic charts and medical accounting. It offers Web-type electronic medical record and ordering systems, health checkup systems, radiology department information systems, rehabilitation department systems, surgical department systems, hospital goods management systems, and nursing care management systems. Geographically it operates through the region of Japan.

SOFTMAX Co Headlines

No Headlines