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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kawai Musical Instruments Manufacturing Co's retained earnings for the quarter that ended in Mar. 2026 was 円29,877 Mil.
Kawai Musical Instruments Manufacturing Co's quarterly retained earnings
increased
from Sep. 2025 (円28,722 Mil) to Dec. 2025 (円29,193 Mil) and
increased
from Dec. 2025 (円29,193 Mil) to Mar. 2026 (円29,877 Mil).
Kawai Musical Instruments Manufacturing Co's annual retained earnings
declined
from Mar. 2024 (円29,971 Mil) to Mar. 2025 (円29,556 Mil) but then
increased
from Mar. 2025 (円29,556 Mil) to Mar. 2026 (円29,877 Mil).
Kawai Musical Instruments Manufacturing Co (TSE:7952) 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.
Kawai Musical Instruments Manufacturing Co Retained Earnings Historical Data
* 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.
Kawai Musical Instruments Manufacturing Co Retained Earnings Chart
Kawai Musical Instruments Manufacturing Co Annual Data
Kawai Musical Instruments Manufacturing 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.
What does a Retained Earnings of 円29,877 Mil mean?
Kawai Musical Instruments Manufacturing Co (TSE:7952) has a Retained Earnings of 円29,877 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Kawai Musical Instruments Manufacturing Co and its competitors.
Is Kawai Musical Instruments Manufacturing Co's Retained Earnings too high?
Kawai Musical Instruments Manufacturing Co's current Retained Earnings is 円29,877 Mil. Overall, Kawai Musical Instruments Manufacturing Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kawai Musical Instruments Manufacturing Co's Retained Earnings compare to AS and HAS?
Kawai Musical Instruments Manufacturing Co's Retained Earnings of 円29,877 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Retained Earnings depends on the Travel & Leisure 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 Kawai Musical Instruments Manufacturing Co and its competitors. Kawai Musical Instruments Manufacturing Co's current Retained Earnings is 円29,877 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kawai Musical Instruments Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Kawai Musical Instruments Manufacturing Co (TSE:7952) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,719.83, compared to a current price of 円3,560.00 — trading 30.9% above its estimated fair value. The current Retained Earnings is 円29,877 Mil. Kawai Musical Instruments Manufacturing Co's overall GF Score™ is 59/100 with 12 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 Kawai Musical Instruments Manufacturing Co (TSE:7952), the current Retained Earnings is 円29,877 Mil as of Mar. 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 Kawai Musical Instruments Manufacturing Co (TSE:7952) Overvalued in 2026?
Based on GuruFocus' analysis, Kawai Musical Instruments Manufacturing Co stock appears to be overvalued.
The current stock price of 円3,560.00 is trading 30.9% above its estimated GF Value™ of 円2,719.83.
GuruFocus considers Kawai Musical Instruments Manufacturing Co to be Significantly Overvalued.
Key valuation signals for TSE:7952:
Retained Earnings: 円29,877 Mil
GF Value™: 円2,719.83 vs. price of 円3,560.00 (30.9% above fair value)
No single metric tells the full story. See the TSE:7952 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kawai Musical Instruments Manufacturing Co Ltd is a Japan-based musical instrument manufacturer. The company is mainly engaged in manufacturing and sales of musical instruments, precision metals, wood products, and electronic devices. Products offered by the company include grand pianos, upright pianos, digital pianos, hybrid pianos, and anytime pianos. It sells its products under the brand name Philosophy, Legacy, Artists, Competitions, and Institutions. Kawai has world-wide sales networks, it distributes its products in Europe, America, Asia and Oceania, Africa and the Middle East. The company is also engaged in the development and sales of software and operations of music schools, and gymnastics schools.
59GF Score
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