IJTT Co (TSE:7315) Retained Earnings : 円51,078 Mil (As of Dec. 2023)

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What is IJTT Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. IJTT Co's retained earnings for the quarter that ended in Dec. 2023 was 円51,078 Mil.

IJTT Co's quarterly retained earnings increased from Jun. 2023 (円49,839 Mil) to Sep. 2023 (円50,839 Mil) and increased from Sep. 2023 (円50,839 Mil) to Dec. 2023 (円51,078 Mil).

IJTT Co's annual retained earnings increased from Mar. 2021 (円47,633 Mil) to Mar. 2022 (円49,710 Mil) and increased from Mar. 2022 (円49,710 Mil) to Mar. 2023 (円49,931 Mil).

IJTT Co Retained Earnings Historical Data

The historical data trend for IJTT 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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IJTT Co Retained Earnings Chart

IJTT Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

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43,404.00

47,413.00

47,633.00

49,710.00

49,931.00

IJTT Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															50,164.00	49,931.00	49,839.00	50,839.00	51,078.00

IJTT 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.

IJTT Co (TSE:7315) 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.

IJTT Co (TSE:7315) Business Description

Industry

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Address

Kanagawa-ku Kinkocho 1: 7, Kanagawa Prefecture, Yokohama Diamond Building, 18th Floor, Yokohama-shi, JPN

Website

https://www.ijtt.co.jp

IJTT Co Ltd engages in the management of its subsidiaries which manufacture and sell truck, industrial vehicles, and construction machinery parts. Its products include automobile-related products, including cylinder blocks and heads, exhaust manifolds, and hub and drum assemblies; construction equipment vehicles and industrial vehicles related products, such as differential carrier assemblies, control valve bodies, and rear covers; propeller shafts; power take off components; engine parts comprising flywheels, drive plates, and ring gears; and crankshafts, I-beams, and axle shafts.

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