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Medical System Network Co (TSE:4350) Retained Earnings : 円13,100 Mil (As of Mar. 2024)


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What is Medical System Network Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Medical System Network Co's retained earnings for the quarter that ended in Mar. 2024 was 円13,100 Mil.

Medical System Network Co's quarterly retained earnings increased from Sep. 2023 (円12,284 Mil) to Dec. 2023 (円12,933 Mil) and increased from Dec. 2023 (円12,933 Mil) to Mar. 2024 (円13,100 Mil).

Medical System Network Co's annual retained earnings increased from Mar. 2022 (円10,393 Mil) to Mar. 2023 (円11,606 Mil) and increased from Mar. 2023 (円11,606 Mil) to Mar. 2024 (円13,100 Mil).


Medical System Network Co Retained Earnings Historical Data

The historical data trend for Medical System Network 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.

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Medical System Network Co Retained Earnings Chart

Medical System Network Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,414.00 8,305.00 10,393.00 11,606.00 13,100.00

Medical System Network Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 11,571.00 12,284.00 12,933.00 13,100.00 -

Medical System Network 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.


Medical System Network Co  (TSE:4350) 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.


Medical System Network Co Business Description

Traded in Other Exchanges
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Address
AKK floor Building 6 at 3-chome, Kita 24-jo Nishi 10, Chuo-ku, Sapporo, JPN, 060-0010
Medical System Network Co Ltd is involved in its network business of dispensing pharmacy business. It also operates a network database used by pharmacies to access patients' prescriptions. It operates through the following business divisions: Pharmaceutical Product Network; Dispensing Pharmacy; Leasing and Equipment-related Business; Food Supply business and others.

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