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Optoelectronics Co (TSE:6664) Retained Earnings : 円3,356 Mil (As of Feb. 2024)


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What is Optoelectronics Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Optoelectronics Co's retained earnings for the quarter that ended in Feb. 2024 was 円3,356 Mil.

Optoelectronics Co's quarterly retained earnings declined from Aug. 2023 (円4,050 Mil) to Nov. 2023 (円3,539 Mil) and declined from Nov. 2023 (円3,539 Mil) to Feb. 2024 (円3,356 Mil).

Optoelectronics Co's annual retained earnings declined from Nov. 2021 (円4,402 Mil) to Nov. 2022 (円4,354 Mil) and declined from Nov. 2022 (円4,354 Mil) to Nov. 2023 (円3,539 Mil).


Optoelectronics Co Retained Earnings Historical Data

The historical data trend for Optoelectronics 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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Optoelectronics Co Retained Earnings Chart

Optoelectronics Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,207.84 3,953.56 4,401.76 4,354.23 3,538.93

Optoelectronics Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 4,356.42 4,207.58 4,050.11 3,538.93 3,355.61

Optoelectronics 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.


Optoelectronics Co  (TSE:6664) 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.


Optoelectronics Co (TSE:6664) Business Description

Traded in Other Exchanges
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Address
Number 12-17, Tsukagoshi Tsukagoe, Saitama, JPN, 335-0002
Optoelectronics Co Ltd is engaged in developing, manufacturing, and selling automatic recognition devices in Japan, the United States, and Europe. The company offers modules, handy scanners, data collectors, handy terminals, smartphone handy terminals, desktop and stationary scanners, and electronic shelf label systems, as well as laser/CCD type barcode and imager scanners.

Optoelectronics Co (TSE:6664) Headlines

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