GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » NIX Inc (TSE:4243) » Definitions » Retained Earnings

NIX (TSE:4243) Retained Earnings : 円3,221 Mil (As of Sep. 2024)


View and export this data going back to 2007. Start your Free Trial

What is NIX Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NIX's retained earnings for the quarter that ended in Sep. 2024 was 円3,221 Mil.

NIX's quarterly retained earnings increased from Dec. 2023 (円3,002 Mil) to Mar. 2024 (円3,153 Mil) and increased from Mar. 2024 (円3,153 Mil) to Sep. 2024 (円3,221 Mil).

NIX's annual retained earnings increased from Sep. 2022 (円2,975 Mil) to Sep. 2023 (円3,085 Mil) and increased from Sep. 2023 (円3,085 Mil) to Sep. 2024 (円3,221 Mil).


NIX Retained Earnings Historical Data

The historical data trend for NIX'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.

NIX Retained Earnings Chart

NIX Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,609.04 2,794.87 2,974.86 3,085.22 3,220.97

NIX Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 3,084.09 3,085.22 3,001.88 3,152.56 3,220.97

NIX 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.


NIX  (TSE:4243) 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.


NIX Business Description

Traded in Other Exchanges
N/A
Address
2-3-3 Minatomirai, Yokohama, JPN
NIX Inc is engaged in planning, development, manufacture, and sale of parts like industrial plastic parts and plastic fasteners, mechanism parts, magazine racks storing, and label plastic machines.

NIX Headlines

No Headlines