Hi-Crates Co (TSE:4172) Retained Earnings: 円3,735 Mil (As of Mar. 2026)

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TSE:4172 Hi-Crates Co Ltd TSE:4172
72 GF Score
Price 円2,230.00
GF Value 円2,332.45
Valuation Fairly Valued
! 2 Warning Signs
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What is Hi-Crates Co Retained Earnings?

Hi-Crates Co TSE:4172 72 Retained Earnings is 円3,735 Mil as of Mar. 2026. GuruFocus rates TSE:4172 with a GF Score™ of 72/100 and a GF Value™ of 円2,332.45 (Fairly Valued). The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hi-Crates Co's retained earnings for the quarter that ended in Mar. 2026 was 円3,735 Mil.

Hi-Crates Co's quarterly retained earnings increased from Sep. 2025 (円3,381 Mil) to Dec. 2025 (円3,590 Mil) and increased from Dec. 2025 (円3,590 Mil) to Mar. 2026 (円3,735 Mil).

Hi-Crates Co's annual retained earnings increased from Sep. 2023 (円2,934 Mil) to Sep. 2024 (円3,159 Mil) and increased from Sep. 2024 (円3,159 Mil) to Sep. 2025 (円3,381 Mil).


Hi-Crates Co  (TSE:4172) 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.


Hi-Crates Co Retained Earnings Historical Data

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The historical data trend for Hi-Crates 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.

Hi-Crates Co Retained Earnings Chart

Hi-Crates Co Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Retained Earnings
Get a 7-Day Free Trial 2,676.50 2,770.83 2,934.39 3,158.82 3,380.66

Hi-Crates Co 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 3,490.35 3,455.65 3,380.66 3,590.02 3,735.10
TSE:4172
72GF Score
Hi-Crates Co Ltd TSE:4172
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Hi-Crates 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3,735 Mil mean?
Hi-Crates Co (TSE:4172) has a Retained Earnings of 円3,735 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Hi-Crates Co and its competitors.
Is Hi-Crates Co's Retained Earnings too high?
Hi-Crates Co's current Retained Earnings is 円3,735 Mil. Overall, Hi-Crates Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hi-Crates Co's Retained Earnings compare to VEEV and BTSG?
Hi-Crates Co's Retained Earnings of 円3,735 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Retained Earnings depends on the Healthcare Providers & Services 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 Hi-Crates Co and its competitors. Hi-Crates Co's current Retained Earnings is 円3,735 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hi-Crates Co stock overvalued right now?
Based on GuruFocus' analysis, Hi-Crates Co (TSE:4172) is currently considered Fairly Valued. The stock's GF Value™ is 円2,332.45, compared to a current price of 円2,230.00 — trading 4.4% below its estimated fair value. The current Retained Earnings is 円3,735 Mil. Hi-Crates Co's overall GF Score™ is 72/100 with 2 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 Hi-Crates Co (TSE:4172), the current Retained Earnings is 円3,735 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 Hi-Crates Co (TSE:4172) Overvalued in 2026?

Based on GuruFocus' analysis, Hi-Crates Co stock appears to be undervalued. The current stock price of 円2,230.00 is trading 4.4% below its estimated GF Value™ of 円2,332.45. GuruFocus considers Hi-Crates Co to be Fairly Valued.

Key valuation signals for TSE:4172:

  • Retained Earnings: 円3,735 Mil
  • GF Value™: 円2,332.45 vs. price of 円2,230.00 (4.4% below fair value)
  • GF Score™: 72/100 with 2 warning signs

No single metric tells the full story. See the TSE:4172 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hi-Crates Co Business Description

Address 3-12-33 Noda, Kita-ku, Okayama, JPN, 700-0971
Hi-Crates Co Ltd formerly, Towa Hi System Co Ltd is involved in the Research and development, sales, and support for integrated dental electronic medical record systems. Research and development, sales and support for iPad and web apps. which includes AI/voice electronic medical record integrated system, Visual examination and periodontal examination system, Interview System, Self-pay estimated system, Image management system etc.
72GF Score

Get the complete analysis for TSE:4172

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

円2,230.00
Price
円2,332.45
GF Value