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Happinet (TSE:7552) Retained Earnings : 円42,545 Mil (As of Dec. 2023)


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What is Happinet Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Happinet's retained earnings for the quarter that ended in Dec. 2023 was 円42,545 Mil.

Happinet's quarterly retained earnings increased from Jun. 2023 (円38,637 Mil) to Sep. 2023 (円41,307 Mil) and increased from Sep. 2023 (円41,307 Mil) to Dec. 2023 (円42,545 Mil).

Happinet's annual retained earnings increased from Mar. 2022 (円35,981 Mil) to Mar. 2023 (円38,087 Mil) and increased from Mar. 2023 (円38,087 Mil) to Mar. 2024 (円43,187 Mil).


Happinet Retained Earnings Historical Data

The historical data trend for Happinet'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.

* Premium members only.

Happinet Retained Earnings Chart

Happinet Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32,202.00 33,582.00 35,981.00 38,087.00 43,187.00

Happinet 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 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 38,087.00 38,637.00 41,307.00 42,545.00 43,187.00

Happinet 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.


Happinet  (TSE:7552) 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.


Happinet (TSE:7552) Business Description

Traded in Other Exchanges
N/A
Address
2-4-5, Komagata, Komagata CA Building, Taito-ku, Tokyo, JPN, 111-0043
Happinet Corp is engaged in the distribution of toys in the Japanese market. It operates through five business segments namely Toy, Visual and Music, Video Game, Amusement and Logistics Function. In addition, it plans, manufactures, and sells toys; and plans develops, and sells audio-visual software and video game hardware and software. Business activity is of the group is primarily functioned through Japan and it derives the majority its revenue through Toy segment.

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