Encourage Technologies Co (TSE:3682) Retained Earnings: 円2,772 Mil (As of Mar. 2026)

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TSE:3682 Encourage Technologies Co Ltd TSE:3682
67 GF Score
Price 円583.00
GF Value 円646.02
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Encourage Technologies Co Retained Earnings?

Encourage Technologies Co TSE:3682 +0.34% 67 Retained Earnings is 円2,772 Mil as of Mar. 2026. GuruFocus rates TSE:3682 with a GF Score™ of 67/100 and a GF Value™ of 円646.02 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Encourage Technologies Co's retained earnings for the quarter that ended in Mar. 2026 was 円2,772 Mil.

Encourage Technologies Co's quarterly retained earnings increased from Sep. 2025 (円2,655 Mil) to Dec. 2025 (円2,718 Mil) and increased from Dec. 2025 (円2,718 Mil) to Mar. 2026 (円2,772 Mil).

Encourage Technologies Co's annual retained earnings increased from Mar. 2024 (円2,641 Mil) to Mar. 2025 (円2,727 Mil) and increased from Mar. 2025 (円2,727 Mil) to Mar. 2026 (円2,772 Mil).


Encourage Technologies Co  (TSE:3682) 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.


Encourage Technologies Co Retained Earnings Historical Data

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The historical data trend for Encourage Technologies 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.

Encourage Technologies Co Retained Earnings Chart

Encourage Technologies Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,502.28 2,556.18 2,640.74 2,726.69 2,771.63

Encourage Technologies Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2,726.69 2,576.24 2,655.50 2,717.54 2,771.63
TSE:3682
67GF Score
Encourage Technologies Co Ltd TSE:3682
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Encourage Technologies 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of 円2,772 Mil mean?
Encourage Technologies Co (TSE:3682) has a Retained Earnings of 円2,772 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Encourage Technologies Co and its competitors.
Is Encourage Technologies Co's Retained Earnings too high?
Encourage Technologies Co's current Retained Earnings is 円2,772 Mil. Overall, Encourage Technologies Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Encourage Technologies Co's Retained Earnings compare to IBM and ACN?
Encourage Technologies Co's Retained Earnings of 円2,772 Mil can be compared against companies in the Software 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 Software company?
A good Retained Earnings depends on the Software 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 Encourage Technologies Co and its competitors. Encourage Technologies Co's current Retained Earnings is 円2,772 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Encourage Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Encourage Technologies Co (TSE:3682) is currently considered Modestly Undervalued. The stock's GF Value™ is 円646.02, compared to a current price of 円583.00 — trading 9.8% below its estimated fair value. The current Retained Earnings is 円2,772 Mil. Encourage Technologies Co's overall GF Score™ is 67/100 with 4 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 Encourage Technologies Co (TSE:3682), the current Retained Earnings is 円2,772 Mil as of Mar. 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 Encourage Technologies Co (TSE:3682) Overvalued in 2026?

Based on GuruFocus' analysis, Encourage Technologies Co stock appears to be undervalued. The current stock price of 円583.00 is trading 9.8% below its estimated GF Value™ of 円646.02. GuruFocus considers Encourage Technologies Co to be Modestly Undervalued.

Key valuation signals for TSE:3682:

  • Retained Earnings: 円2,772 Mil
  • GF Value™: 円646.02 vs. price of 円583.00 (9.8% below fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the TSE:3682 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Encourage Technologies Co Business Description

Address Tornare Nihonbashi Hamacho 7F, 3-3-2, Nihonbashi Hama-cho, Chuo-ku, Tokyo, JPN, 103-0007
Encourage Technologies Co Ltd develops software that monitors and audits user activity in IT systems. The company also provides maintenance support after the installation of the software as well consulting services.
67GF Score

Get the complete analysis for TSE:3682

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

円583.00
Price
円646.02
GF Value