Asaka Riken Co (TSE:5724) Retained Earnings : 円3,595 Mil (As of Mar. 2024)

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What is Asaka Riken Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Asaka Riken Co's retained earnings for the quarter that ended in Mar. 2024 was 円3,595 Mil.

Asaka Riken Co's quarterly retained earnings declined from Sep. 2023 (円3,424 Mil) to Dec. 2023 (円3,422 Mil) but then increased from Dec. 2023 (円3,422 Mil) to Mar. 2024 (円3,595 Mil).

Asaka Riken Co's annual retained earnings increased from Sep. 2022 (円3,198 Mil) to Sep. 2023 (円3,424 Mil) and increased from Sep. 2023 (円3,424 Mil) to Sep. 2024 (円3,756 Mil).

Asaka Riken Co Retained Earnings Historical Data

The historical data trend for Asaka Riken 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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Asaka Riken Co Retained Earnings Chart

Asaka Riken Co Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Retained Earnings

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2,242.10

2,616.15

3,197.83

3,423.96

3,756.37

Asaka Riken 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															3,392.15	3,423.96	3,422.45	3,594.55	3,756.37

Asaka Riken 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.

Asaka Riken Co (TSE:5724) 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.

Asaka Riken Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Asaka Riken Co Ltd (TSE:5724) » Definitions » Retained Earnings

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Address

Tamura Tamura, Tamuramachikanaya Koriyama, Koriyama-shi, Fukushima, JPN, 963-0725

Website

http://www.asaka.co.jp

Asaka Riken Co Ltd is engaged in developing eco businesses through metal recycling, photocatalyst, and water treatment businesses.

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