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Mino Ceramic Co (TSE:5356) Retained Earnings : 円11,838 Mil (As of Sep. 2024)


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What is Mino Ceramic Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mino Ceramic Co's retained earnings for the quarter that ended in Sep. 2024 was 円11,838 Mil.

Mino Ceramic Co's quarterly retained earnings increased from Dec. 2023 (円11,104 Mil) to Mar. 2024 (円11,499 Mil) and increased from Mar. 2024 (円11,499 Mil) to Sep. 2024 (円11,838 Mil).

Mino Ceramic Co's annual retained earnings increased from Mar. 2022 (円9,824 Mil) to Mar. 2023 (円10,710 Mil) and increased from Mar. 2023 (円10,710 Mil) to Mar. 2024 (円11,499 Mil).


Mino Ceramic Co Retained Earnings Historical Data

The historical data trend for Mino Ceramic 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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Mino Ceramic Co Retained Earnings Chart

Mino Ceramic 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 8,610.27 9,303.25 9,823.79 10,709.81 11,498.57

Mino Ceramic Co 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 10,673.26 10,960.83 11,104.07 11,498.57 11,838.18

Mino Ceramic 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.


Mino Ceramic Co  (TSE:5356) 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.


Mino Ceramic Co Business Description

Traded in Other Exchanges
Address
1-17-28 Meiekiminami, Nakamura Ward, Aichi Prefecture, Nagoya, JPN, 450-0003
Mino Ceramic Co Ltd is engaged in the designing, manufacturing, and sales of refractories and refractory materials, industrial kiln furnaces and accessories. heat treatment/designing and construction of automation building materials and paving materials, and ceramic products for industrial use.

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