Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Taiheiyo Cement's retained earnings for the quarter that ended in Mar. 2026 was 円432,913 Mil.
Taiheiyo Cement's quarterly retained earnings
declined
from Sep. 2025 (円437,484 Mil) to Dec. 2025 (円425,195 Mil) but then
increased
from Dec. 2025 (円425,195 Mil) to Mar. 2026 (円432,913 Mil).
Taiheiyo Cement's annual retained earnings
increased
from Mar. 2024 (円379,126 Mil) to Mar. 2025 (円417,460 Mil) and
increased
from Mar. 2025 (円417,460 Mil) to Mar. 2026 (円432,913 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.
Taiheiyo Cement Retained Earnings Historical Data
* Premium members only.
The historical data trend for Taiheiyo Cement'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.
What does a Retained Earnings of 円432,913 Mil mean?
Taiheiyo Cement (TSE:5233) has a Retained Earnings of 円432,913 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Taiheiyo Cement and its competitors.
Is Taiheiyo Cement's Retained Earnings too high?
Taiheiyo Cement's current Retained Earnings is 円432,913 Mil. Overall, Taiheiyo Cement has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiheiyo Cement's Retained Earnings compare to CRH and VMC?
Taiheiyo Cement's Retained Earnings of 円432,913 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good Retained Earnings depends on the Building Materials 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 Taiheiyo Cement and its competitors. Taiheiyo Cement's current Retained Earnings is 円432,913 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiheiyo Cement stock overvalued right now?
Based on GuruFocus' analysis, Taiheiyo Cement (TSE:5233) is currently considered Fairly Valued. The stock's GF Value™ is 円3,913.19, compared to a current price of 円4,000.00 — trading 2.2% above its estimated fair value. The current Retained Earnings is 円432,913 Mil. Taiheiyo Cement's overall GF Score™ is 75/100 with 4 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 Taiheiyo Cement (TSE:5233), the current Retained Earnings is 円432,913 Mil as of Mar. 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 Taiheiyo Cement (TSE:5233) Overvalued in 2026?
Based on GuruFocus' analysis, Taiheiyo Cement stock appears to be overvalued.
The current stock price of 円4,000.00 is trading 2.2% above its estimated GF Value™ of 円3,913.19.
GuruFocus considers Taiheiyo Cement to be Fairly Valued.
Key valuation signals for TSE:5233:
Retained Earnings: 円432,913 Mil
GF Value™: 円3,913.19 vs. price of 円4,000.00 (2.2% above fair value)
No single metric tells the full story. See the TSE:5233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiheiyo Cement Corp is a Japan-based company mainly engaged in the manufacture and sale of cement products. The company operates through four main segments. The Building Materials and Civil Engineering segment handles secondary concrete products and ALC (lightweight aerated concrete). The Cement segment covers various cement types and ready-mixed concrete. The Environmental Business focuses on waste recycling and desulfurization materials. The Resources segment deals with aggregates and limestone products. The Others segment includes real estate, engineering, information processing, finance, transportation, warehousing, chemical products, sports, and power supply. It generates the majority of its revenue from the Cement segment.
75GF Score
Get the complete analysis for TSE:5233
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:5233 has been successfully added to your 
