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Chori Co (TSE:8014) Retained Earnings : 円65,870 Mil (As of Dec. 2023)


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What is Chori Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Chori Co's retained earnings for the quarter that ended in Dec. 2023 was 円65,870 Mil.

Chori Co's quarterly retained earnings increased from Jun. 2023 (円61,483 Mil) to Sep. 2023 (円64,261 Mil) and increased from Sep. 2023 (円64,261 Mil) to Dec. 2023 (円65,870 Mil).

Chori Co's annual retained earnings increased from Mar. 2022 (円54,804 Mil) to Mar. 2023 (円60,634 Mil) and increased from Mar. 2023 (円60,634 Mil) to Mar. 2024 (円67,429 Mil).


Chori Co Retained Earnings Historical Data

The historical data trend for Chori 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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Chori Co Retained Earnings Chart

Chori Co 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 49,797.00 49,903.00 54,804.00 60,634.00 67,429.00

Chori Co 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 60,634.00 61,483.00 64,261.00 65,870.00 67,429.00

Chori 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.


Chori Co  (TSE:8014) 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.


Chori Co (TSE:8014) Business Description

Traded in Other Exchanges
N/A
Address
1-7-3 , Awajimachi, Chuo-ku, Osaka, JPN, 540-8603
Chori Co Ltd engages in textiles, chemicals, and machinery businesses. The textile business is engaged in weaving, knitting, dyeing and sewing. It sells polyester threads mainly for materials such as car seats, and handling fabrics centering on car seats and for apparels. Chemical business develops inorganic chemicals and mineral products for cosmetics, personal care and food additive applications. Machinery businesses export agricultural machinery, construction machinery, industrial equipment, and marine equipment. Chori has geographic operations in China, Japan, Europe, the United States, Hong Kong, and the Middle East.

Chori Co (TSE:8014) Headlines

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