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Asterisk (TSE:6522) Retained Earnings : 円-40 Mil (As of May. 2024)


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What is Asterisk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Asterisk's retained earnings for the quarter that ended in May. 2024 was 円-40 Mil.

Asterisk's quarterly retained earnings declined from Nov. 2023 (円253 Mil) to Feb. 2024 (円134 Mil) and declined from Feb. 2024 (円134 Mil) to May. 2024 (円-40 Mil).

Asterisk's annual retained earnings increased from Aug. 2021 (円179 Mil) to Aug. 2022 (円502 Mil) but then declined from Aug. 2022 (円502 Mil) to Aug. 2023 (円332 Mil).


Asterisk Retained Earnings Historical Data

The historical data trend for Asterisk'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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Asterisk Retained Earnings Chart

Asterisk Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23
Retained Earnings
-63.74 5.23 179.09 501.63 331.56

Asterisk Quarterly Data
Aug19 Aug20 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 357.78 331.56 253.30 134.23 -40.38

Asterisk 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.


Asterisk  (TSE:6522) 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.


Asterisk Business Description

Traded in Other Exchanges
N/A
Address
5-6-16 Nishinakajima, Yodogawa-ku, Osaka, JPN, 532-0011
Asterisk Inc is engaged in the manufacturing, development, and sales of RFID readers and barcode scanners that utilize mobile smartphones, and development and sales of management systems that use image recognition technologies.

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