Okamoto Glass Co (TSE:7746) Retained Earnings : 円119 Mil (As of Sep. 2024)

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What is Okamoto Glass Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Okamoto Glass Co's retained earnings for the quarter that ended in Sep. 2024 was 円119 Mil.

Okamoto Glass Co's quarterly retained earnings increased from Dec. 2023 (円-1,817 Mil) to Mar. 2024 (円-1,670 Mil) and increased from Mar. 2024 (円-1,670 Mil) to Sep. 2024 (円119 Mil).

Okamoto Glass Co's annual retained earnings increased from Mar. 2022 (円-1,987 Mil) to Mar. 2023 (円-1,772 Mil) and increased from Mar. 2023 (円-1,772 Mil) to Mar. 2024 (円-1,670 Mil).

Okamoto Glass Co Retained Earnings Historical Data

The historical data trend for Okamoto Glass 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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Okamoto Glass Co Retained Earnings Chart

Okamoto Glass Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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-1,040.97

-1,899.07

-1,986.84

-1,771.86

-1,669.91

Okamoto Glass Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Retained Earnings	Get a 7-Day Free Trial															-1,795.77	-1,815.59	-1,816.97	-1,669.91	118.80

Okamoto Glass 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.

Okamoto Glass Co (TSE:7746) 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.

Okamoto Glass Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Okamoto Glass Co Ltd (TSE:7746) » Definitions » Retained Earnings

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Address

380, Toyofuta, Kashiwa-shi, Chiba, JPN, 277 0872

Website

http://www.ogc-jp.com

Okamoto Glass Co Ltd is engaged in the manufacture and sale of new glass for optical devices and multilayer film deposition products. The products of the company include glass material, glass molded items, optical and functional coating, glass bulb, and glass frit.

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