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Lihit Lab (TSE:7975) Retained Earnings : 円6,343 Mil (As of Feb. 2024)


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What is Lihit Lab Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Lihit Lab's retained earnings for the quarter that ended in Feb. 2024 was 円6,343 Mil.

Lihit Lab's quarterly retained earnings declined from Aug. 2023 (円6,433 Mil) to Nov. 2023 (円6,369 Mil) and declined from Nov. 2023 (円6,369 Mil) to Feb. 2024 (円6,343 Mil).

Lihit Lab's annual retained earnings declined from Feb. 2022 (円6,624 Mil) to Feb. 2023 (円6,521 Mil) and declined from Feb. 2023 (円6,521 Mil) to Feb. 2024 (円6,343 Mil).


Lihit Lab Retained Earnings Historical Data

The historical data trend for Lihit Lab'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.

Lihit Lab Retained Earnings Chart

Lihit Lab Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,178.42 6,446.52 6,624.19 6,521.18 6,342.61

Lihit Lab Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 6,521.18 6,428.75 6,432.94 6,368.82 6,342.61

Lihit Lab 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.


Lihit Lab  (TSE:7975) 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.


Lihit Lab (TSE:7975) Business Description

Traded in Other Exchanges
N/A
Address
1-1-22 Farmer Bridge Chuo-ku, Osaka, JPN, 540-8526
Lihit Lab., Inc. is engaged in manufacturing and selling office supplies in Japan and internationally. Its products include files, clear books, clear cases, bag cases, and note binders; card holders, pencil cases, photo postcard albums, clip files, clipboards, and schedule files; drawing organize supplies and steel office equipment; OA and medical surprise products; and office devices.

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