Itochu Enex Co (TSE:8133) Retained Earnings : 円128,625 Mil (As of Sep. 2024)

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What is Itochu Enex Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Itochu Enex Co's retained earnings for the quarter that ended in Sep. 2024 was 円128,625 Mil.

Itochu Enex Co's quarterly retained earnings declined from Mar. 2024 (円123,945 Mil) to Jun. 2024 (円0 Mil) but then increased from Jun. 2024 (円0 Mil) to Sep. 2024 (円128,625 Mil).

Itochu Enex Co's annual retained earnings increased from Mar. 2022 (円107,617 Mil) to Mar. 2023 (円115,899 Mil) and increased from Mar. 2023 (円115,899 Mil) to Mar. 2024 (円123,945 Mil).

Itochu Enex Co Retained Earnings Historical Data

The historical data trend for Itochu Enex 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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Itochu Enex Co Retained Earnings Chart

Itochu Enex Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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92,761.00

99,829.00

107,617.00

115,899.00

123,945.00

Itochu Enex Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															121,810.00	123,191.00	123,945.00	-	128,625.00

Itochu Enex 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.

Itochu Enex Co (TSE:8133) 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.

Itochu Enex Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Itochu Enex Co Ltd (TSE:8133) » Definitions » Retained Earnings

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96P:Germany

Address

3-2-5, Kasumigaseki, Chiyoda-ku, Tokyo, JPN, 100-6028

Website

http://www.itcenex.com

Itochu Enex Co Ltd is a Japan-based energy provider that operates through a host of businesses. The company's operations are divided into the following segments: home-life, power and utility, car-life, and energy trade. Through these businesses, Itochu supplies its customer base in Japan with LP gas and town gas for homes and businesses. The company also sells a range of automotive fuels through its car-life stations. Alongside the car-life stations, under the car-life Division, Itochu Enex houses a car dealer and credit card business. Through separate divisions, the company operates electric-power-related and heat-supply businesses, along with selling a variety of petroleum products for industrial and marine use.

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