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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Linkers's retained earnings for the quarter that ended in Jan. 2026 was 円-511 Mil.
Linkers's quarterly retained earnings
declined
from Jul. 2025 (円-122 Mil) to Oct. 2025 (円-340 Mil) and
declined
from Oct. 2025 (円-340 Mil) to Jan. 2026 (円-511 Mil).
Linkers's annual retained earnings
declined
from Jul. 2023 (円627 Mil) to Jul. 2024 (円426 Mil) and
declined
from Jul. 2024 (円426 Mil) to Jul. 2025 (円-122 Mil).
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.
Linkers Retained Earnings Historical Data
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The historical data trend for Linkers'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.
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.
Linkers (TSE:5131) has a Retained Earnings of 円-511 Mil as of Jan. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Linkers and its competitors.
Is Linkers' Retained Earnings too high?
Linkers' current Retained Earnings is 円-511 Mil. Overall, Linkers has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Linkers' Retained Earnings compare to CTAS and CPRT?
Linkers' Retained Earnings of 円-511 Mil can be compared against companies in the Business 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 Business Services company?
A good Retained Earnings depends on the Business 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 Linkers and its competitors. Linkers's current Retained Earnings is 円-511 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Linkers stock overvalued right now?
Based on GuruFocus' analysis, Linkers (TSE:5131) is currently considered Possible Value Trap. The stock's GF Value™ is 円175.27, compared to a current price of 円119.00 — trading 32.1% below its estimated fair value. The current Retained Earnings is 円-511 Mil. Linkers' overall GF Score™ is 62/100 with 3 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 Linkers (TSE:5131), the current Retained Earnings is 円-511 Mil as of Jan. 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 Linkers (TSE:5131) Overvalued in 2026?
Based on GuruFocus' analysis, Linkers stock appears to be undervalued.
The current stock price of 円119.00 is trading 32.1% below its estimated GF Value™ of 円175.27.
GuruFocus considers Linkers to be Possible Value Trap.
Key valuation signals for TSE:5131:
Retained Earnings: 円-511 Mil
GF Value™: 円175.27 vs. price of 円119.00 (32.1% below fair value)
No single metric tells the full story. See the TSE:5131 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Linkers Corp is engaged in providing business matchmaking services and research consulting services, especially in the manufacturing sector. The various services offered by the group include Linkers Research, which investigates technology needs and seeds at the research stage and identifies the technical themes and challenges that companies should address; Linkers Sourcing, which provides technology exploration services that handle needs-based matching at the development stage; Linkers Marketing, which introduces clients technology, products, and services to corporate network and provide interview opportunities with interested companies; and Linkers for BANK, a SaaS-based business matching system that helps institutions improve their business matching operations; among others.
62GF Score
Get the complete analysis for TSE:5131
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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