Keyware Solutions (TSE:3799) Retained Earnings: 円5,813 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:3799 Keyware Solutions Inc TSE:3799
70 GF Score
Price 円1,143.00
GF Value 円841.57
Valuation Significantly Overvalued
View Full Analysis

What is Keyware Solutions Retained Earnings?

Keyware Solutions TSE:3799 -0.26% 70 Retained Earnings is 円5,813 Mil as of Mar. 2026. GuruFocus rates TSE:3799 with a GF Score™ of 70/100 and a GF Value™ of 円841.57 (Significantly Overvalued).

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Keyware Solutions's retained earnings for the quarter that ended in Mar. 2026 was 円5,813 Mil.

Keyware Solutions's quarterly retained earnings increased from Sep. 2025 (円5,378 Mil) to Dec. 2025 (円5,407 Mil) and increased from Dec. 2025 (円5,407 Mil) to Mar. 2026 (円5,813 Mil).

Keyware Solutions's annual retained earnings declined from Mar. 2024 (円6,524 Mil) to Mar. 2025 (円5,421 Mil) but then increased from Mar. 2025 (円5,421 Mil) to Mar. 2026 (円5,813 Mil).


Keyware Solutions  (TSE:3799) 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.


Keyware Solutions Retained Earnings Historical Data

* Premium members only.

The historical data trend for Keyware Solutions'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.

Keyware Solutions Retained Earnings Chart

Keyware Solutions 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 5,511.48 5,894.47 6,524.04 5,420.75 5,813.42

Keyware Solutions Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 5,420.75 5,198.98 5,378.16 5,407.46 5,813.42
TSE:3799
70GF Score
Keyware Solutions Inc TSE:3799
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keyware Solutions 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5,813 Mil mean?
Keyware Solutions (TSE:3799) has a Retained Earnings of 円5,813 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Keyware Solutions and its competitors.
Is Keyware Solutions' Retained Earnings too high?
Keyware Solutions' current Retained Earnings is 円5,813 Mil. Overall, Keyware Solutions has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keyware Solutions' Retained Earnings compare to IBM and ACN?
Keyware Solutions' Retained Earnings of 円5,813 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 Keyware Solutions and its competitors. Keyware Solutions's current Retained Earnings is 円5,813 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keyware Solutions stock overvalued right now?
Based on GuruFocus' analysis, Keyware Solutions (TSE:3799) is currently considered Significantly Overvalued. The stock's GF Value™ is 円841.57, compared to a current price of 円1,143.00 — trading 35.8% above its estimated fair value. The current Retained Earnings is 円5,813 Mil. Keyware Solutions' overall GF Score™ is 70/100. 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 Keyware Solutions (TSE:3799), the current Retained Earnings is 円5,813 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 Keyware Solutions (TSE:3799) Overvalued in 2026?

Based on GuruFocus' analysis, Keyware Solutions stock appears to be overvalued. The current stock price of 円1,143.00 is trading 35.8% above its estimated GF Value™ of 円841.57. GuruFocus considers Keyware Solutions to be Significantly Overvalued.

Key valuation signals for TSE:3799:

  • Retained Earnings: 円5,813 Mil
  • GF Value™: 円841.57 vs. price of 円1,143.00 (35.8% above fair value)
  • GF Score™: 70/100

No single metric tells the full story. See the TSE:3799 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keyware Solutions Business Description

Address Kamikitazawa 5-37-18, Setagaya-ku, Tokyo, JPN, 156-8588
Keyware Solutions Inc is a Japan-based Information Technology (IT) service management company. It operates in two divisions including system development business and Integrated IT service business. System development business is mainly engaged in the construction and development of applications and systems related to social infrastructure. Integrated IT service division offers packaged software, hardware and support services. The company mainly caters to financial, distribution, manufacturing, communication, transportation, reporting, medical, government agency, and service industries.
70GF Score

Get the complete analysis for TSE:3799

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

円1,143.00
Price
円841.57
GF Value