TVE Co (TSE:6466) Retained Earnings : 円6,606 Mil (As of Mar. 2024)

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What is TVE Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. TVE Co's retained earnings for the quarter that ended in Mar. 2024 was 円6,606 Mil.

TVE Co's quarterly retained earnings increased from Sep. 2023 (円6,126 Mil) to Dec. 2023 (円6,360 Mil) and increased from Dec. 2023 (円6,360 Mil) to Mar. 2024 (円6,606 Mil).

TVE Co's annual retained earnings declined from Sep. 2021 (円5,948 Mil) to Sep. 2022 (円5,784 Mil) but then increased from Sep. 2022 (円5,784 Mil) to Sep. 2023 (円6,126 Mil).

TVE Co Retained Earnings Historical Data

The historical data trend for TVE 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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TVE Co Retained Earnings Chart

TVE Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Retained Earnings

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5,019.99

5,595.55

5,948.09

5,784.23

6,126.08

TVE Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															5,728.87	5,916.03	6,126.08	6,359.85	6,606.41

TVE 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.

TVE Co (TSE:6466) 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.

TVE Co (TSE:6466) Business Description

Industry

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Address

5-12-1, Nishitachibana-cho, Amagasaki-shi, Hyogo, Amagasaki, JPN, 660-0054

Website

http://www.toavalve.co.jp

TVE Co Ltd is engaged in the manufacture and sale of various valves and cast steel products, and maintenance work of various valves. The products of the company include safety valve, relief valve, sluice valve, check valve, special valve, and globe valve.

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