SpiderPlus (TSE:4192) Retained Earnings: 円-2,635 Mil (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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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:4192 SpiderPlus & Co TSE:4192
58 GF Score
Price 円278.00
GF Value 円700.78
Valuation Significantly Undervalued
! 1 Warning Sign
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What is SpiderPlus Retained Earnings?

SpiderPlus TSE:4192 -2.80% 58 Retained Earnings is 円-2,635 Mil as of Dec. 2025. GuruFocus rates TSE:4192 with a GF Score™ of 58/100 and a GF Value™ of 円700.78 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SpiderPlus's retained earnings for the quarter that ended in Dec. 2025 was 円-2,635 Mil.

SpiderPlus's quarterly retained earnings declined from Mar. 2025 (円-2,632 Mil) to Jun. 2025 (円-2,657 Mil) but then increased from Jun. 2025 (円-2,657 Mil) to Dec. 2025 (円-2,635 Mil).

SpiderPlus's annual retained earnings declined from Dec. 2023 (円-1,846 Mil) to Dec. 2024 (円-2,618 Mil) and declined from Dec. 2024 (円-2,618 Mil) to Dec. 2025 (円-2,635 Mil).


SpiderPlus  (TSE:4192) 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.


SpiderPlus Retained Earnings Historical Data

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The historical data trend for SpiderPlus'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.

SpiderPlus Retained Earnings Chart

SpiderPlus Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial -346.05 -1,382.66 -1,846.01 -2,617.67 -2,635.03

SpiderPlus Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 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 -2,617.67 -2,632.01 -2,656.58 -2,635.03 -2,633.34
TSE:4192
58GF Score
SpiderPlus & Co TSE:4192
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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SpiderPlus 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-2,635 Mil mean?
SpiderPlus (TSE:4192) has a Retained Earnings of 円-2,635 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on SpiderPlus and its competitors.
Is SpiderPlus' Retained Earnings too high?
SpiderPlus' current Retained Earnings is 円-2,635 Mil. Overall, SpiderPlus has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SpiderPlus' Retained Earnings compare to QH and SHOP?
SpiderPlus' Retained Earnings of 円-2,635 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 SpiderPlus and its competitors. SpiderPlus's current Retained Earnings is 円-2,635 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SpiderPlus stock overvalued right now?
Based on GuruFocus' analysis, SpiderPlus (TSE:4192) is currently considered Significantly Undervalued. The stock's GF Value™ is 円700.78, compared to a current price of 円278.00 — trading 60.3% below its estimated fair value. The current Retained Earnings is 円-2,635 Mil. SpiderPlus' overall GF Score™ is 58/100 with 1 warning sign 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 SpiderPlus (TSE:4192), the current Retained Earnings is 円-2,635 Mil as of Dec. 2025. 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 SpiderPlus (TSE:4192) Overvalued in 2026?

Based on GuruFocus' analysis, SpiderPlus stock appears to be undervalued. The current stock price of 円278.00 is trading 60.3% below its estimated GF Value™ of 円700.78. GuruFocus considers SpiderPlus to be Significantly Undervalued.

Key valuation signals for TSE:4192:

  • Retained Earnings: 円-2,635 Mil
  • GF Value™: 円700.78 vs. price of 円278.00 (60.3% below fair value)
  • GF Score™: 58/100 with 1 warning sign

No single metric tells the full story. See the TSE:4192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SpiderPlus Business Description

Address 2-2-1 Toranomon, 27th Floor, Sumitomofudosan Toranomon Tower Building, Minato-ku, Tokyo, JPN, 105-0001
SpiderPlus & Co is a Developer and Provider of the construction tech application SPIDERPLUS. SPIDERPLUS is a site communication and drawing/photo management solution developed for construction sites improves the high quality, high safety, and environmental friendliness of the projects.
58GF Score

Get the complete analysis for TSE:4192

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

円278.00
Price
円700.78
GF Value