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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Top Culture Co's retained earnings for the quarter that ended in Apr. 2026 was 円-2,281 Mil.
Top Culture Co's quarterly retained earnings
declined
from Apr. 2025 (円-2,624 Mil) to Oct. 2025 (円-3,093 Mil) but then
increased
from Oct. 2025 (円-3,093 Mil) to Apr. 2026 (円-2,281 Mil).
Top Culture Co's annual retained earnings
declined
from Oct. 2023 (円-1,644 Mil) to Oct. 2024 (円-2,362 Mil) and
declined
from Oct. 2024 (円-2,362 Mil) to Oct. 2025 (円-3,093 Mil).
Top Culture Co (TSE:7640) 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.
Top Culture Co Retained Earnings Historical Data
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The historical data trend for Top Culture 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.
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.
What does a Retained Earnings of 円-2,281 Mil mean?
Top Culture Co (TSE:7640) has a Retained Earnings of 円-2,281 Mil as of Apr. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Top Culture Co and its competitors.
Is Top Culture Co's Retained Earnings too high?
Top Culture Co's current Retained Earnings is 円-2,281 Mil. Overall, Top Culture Co has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Top Culture Co's Retained Earnings compare to CASY and WSM?
Top Culture Co's Retained Earnings of 円-2,281 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Retained Earnings depends on the Retail - Cyclical 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 Top Culture Co and its competitors. Top Culture Co's current Retained Earnings is 円-2,281 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Culture Co stock overvalued right now?
Based on GuruFocus' analysis, Top Culture Co (TSE:7640) is currently considered Significantly Overvalued. The stock's GF Value™ is 円127.58, compared to a current price of 円175.00 — trading 37.2% above its estimated fair value. The current Retained Earnings is 円-2,281 Mil. Top Culture Co's overall GF Score™ is 44/100 with 3 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 Top Culture Co (TSE:7640), the current Retained Earnings is 円-2,281 Mil as of Apr. 2026. 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 Top Culture Co (TSE:7640) Overvalued in 2026?
Based on GuruFocus' analysis, Top Culture Co stock appears to be overvalued.
The current stock price of 円175.00 is trading 37.2% above its estimated GF Value™ of 円127.58.
GuruFocus considers Top Culture Co to be Significantly Overvalued.
Key valuation signals for TSE:7640:
Retained Earnings: 円-2,281 Mil
GF Value™: 円127.58 vs. price of 円175.00 (37.2% above fair value)
No single metric tells the full story. See the TSE:7640 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Top Culture Co Ltd is a speciality retail company. The firm mainly sells books, stationery, music and video software. The company owns and operates approximately 74 retail stores in Japan. In addition, the company is engaged in the management of sports facilities and maintenance of store facilities. Its reportable segments are: Tsutaya Bookstore Business, Games and trading cards business, Sports-related business, Visiting nurse business, and Catering business.
44GF Score
Get the complete analysis for TSE:7640
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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