Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Meiho Holdings's retained earnings for the quarter that ended in Dec. 2025 was 円1,335 Mil.
Meiho Holdings's quarterly retained earnings
declined
from Jun. 2025 (円1,440 Mil) to Sep. 2025 (円1,327 Mil) but then
increased
from Sep. 2025 (円1,327 Mil) to Dec. 2025 (円1,335 Mil).
Meiho Holdings's annual retained earnings
declined
from Jun. 2023 (円1,359 Mil) to Jun. 2024 (円1,272 Mil) but then
increased
from Jun. 2024 (円1,272 Mil) to Jun. 2025 (円1,440 Mil).
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.
Meiho Holdings Retained Earnings Historical Data
* Premium members only.
The historical data trend for Meiho Holdings'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.
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.
Meiho Holdings (TSE:7369) has a Retained Earnings of 円1,335 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Meiho Holdings and its competitors.
Is Meiho Holdings' Retained Earnings too high?
Meiho Holdings' current Retained Earnings is 円1,335 Mil. Overall, Meiho Holdings has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Meiho Holdings' Retained Earnings compare to CTAS and CPRT?
Meiho Holdings' Retained Earnings of 円1,335 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Business Services company?
A good Retained Earnings depends on the Business Services industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Meiho Holdings and its competitors. Meiho Holdings's current Retained Earnings is 円1,335 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiho Holdings stock overvalued right now?
Based on GuruFocus' analysis, Meiho Holdings (TSE:7369) is currently considered Significantly Undervalued. The stock's GF Value™ is 円962.93, compared to a current price of 円354.00 — trading 63.2% below its estimated fair value. The current Retained Earnings is 円1,335 Mil. Meiho Holdings' overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Meiho Holdings (TSE:7369), the current Retained Earnings is 円1,335 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Meiho Holdings (TSE:7369) Overvalued in 2026?
Based on GuruFocus' analysis, Meiho Holdings stock appears to be undervalued.
The current stock price of 円354.00 is trading 63.2% below its estimated GF Value™ of 円962.93.
GuruFocus considers Meiho Holdings to be Significantly Undervalued.
Key valuation signals for TSE:7369:
Retained Earnings: 円1,335 Mil
GF Value™: 円962.93 vs. price of 円354.00 (63.2% below fair value)
No single metric tells the full story. See the TSE:7369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meiho Holdings Inc is engaged in the Group Corporate Planning which has corporate planning, overall management of general affairs, accounting, human resources, and legal affairs, promotion of digital transformation, support for the growth of individual companies, and internal audits. Construction-related services business provides construction consulting services for public works projects such as roads, rivers, and bridges to the main clients, including national and local governments using the latest technologies. Human Resources Related Services Business is businesses are human resources for construction engineers and manufacturing staff, overseas outsourcing, and security services, and is the main business. Nursing care business includes nursing for people.
67GF Score
Get the complete analysis for TSE:7369
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:7369 has been successfully added to your 
