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Toyo Gosei Co (TSE:4970) Retained Earnings : 円15,707 Mil (As of Mar. 2024)


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What is Toyo Gosei Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Toyo Gosei Co's retained earnings for the quarter that ended in Mar. 2024 was 円15,707 Mil.

Toyo Gosei Co's quarterly retained earnings increased from Sep. 2023 (円17,246 Mil) to Dec. 2023 (円17,895 Mil) but then declined from Dec. 2023 (円17,895 Mil) to Mar. 2024 (円15,707 Mil).

Toyo Gosei Co's annual retained earnings increased from Mar. 2022 (円10,080 Mil) to Mar. 2023 (円13,628 Mil) and increased from Mar. 2023 (円13,628 Mil) to Mar. 2024 (円15,707 Mil).


Toyo Gosei Co Retained Earnings Historical Data

The historical data trend for Toyo Gosei 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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Toyo Gosei Co Retained Earnings Chart

Toyo Gosei 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 4,633.76 6,820.98 10,079.98 13,628.00 15,707.00

Toyo Gosei 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 16,882.00 17,246.00 17,895.00 15,707.00 -

Toyo Gosei 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.


Toyo Gosei Co  (TSE:4970) 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.


Toyo Gosei Co Business Description

Traded in Other Exchanges
N/A
Address
1-22-16, Asakusabashi Taito-ku, Hulic Asakusabashi Building, 8th Floor, Tokyo, JPN, 111-0053
Toyo Gosei Co., Ltd., is divided into Photosensitive materials, Green chemical, Energy, Aroma Chemical, and Logistics. Photosensitive materials include manufacturing of photoresist-type materials vital to semiconductors, LCD displays, and plasma displays. Green chemical involves recycling, purification and separation of waste solvents, Energy includes manufacturing of ionic liquids and electrolytes for lithium ion secondary batteries and double layer capacitors. Aroma chemical comprises of manufacturing and sale of materials for the fragrance and flavoring industries and Logistics involves support from storage to transport of dangerous substance.

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