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Avex (TSE:7860) Retained Earnings : 円45,211 Mil (As of Dec. 2023)


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What is Avex Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Avex's retained earnings for the quarter that ended in Dec. 2023 was 円45,211 Mil.

Avex's quarterly retained earnings declined from Jun. 2023 (円47,885 Mil) to Sep. 2023 (円47,352 Mil) and declined from Sep. 2023 (円47,352 Mil) to Dec. 2023 (円45,211 Mil).

Avex's annual retained earnings increased from Mar. 2022 (円45,924 Mil) to Mar. 2023 (円46,343 Mil) but then declined from Mar. 2023 (円46,343 Mil) to Mar. 2024 (円44,746 Mil).


Avex Retained Earnings Historical Data

The historical data trend for Avex'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.

Avex Retained Earnings Chart

Avex 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 39,559.00 50,209.00 45,924.00 46,343.00 44,746.00

Avex 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 46,343.00 47,885.00 47,352.00 45,211.00 44,746.00

Avex 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.


Avex  (TSE:7860) 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.


Avex (TSE:7860) Business Description

Traded in Other Exchanges
Address
Avex Building, 3-30-3 Minami Aoyama, Minato-ku, Tokyo, JPN, 107-8577
Avex Inc is a diversified media company, which holds a number of entertainment subsidiaries. The company has four primary business segments: music, video, management and live content, and other. The music segment designs, produces, and sells music and music-related content. The video segment plans, produces, sells, and distributes video content and feature films. The management and live business segment manages artists, sells merchandise, operates fan clubs, and is involved in the production of concerts and live events. The other business segment operates schools, restaurants, and real estate. The company generates the vast majority of its revenue in Japan.

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