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Kintetsu Department Store Co (TSE:8244) Retained Earnings : 円12,132 Mil (As of Feb. 2024)


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What is Kintetsu Department Store Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kintetsu Department Store Co's retained earnings for the quarter that ended in Feb. 2024 was 円12,132 Mil.

Kintetsu Department Store Co's quarterly retained earnings increased from Aug. 2023 (円10,537 Mil) to Nov. 2023 (円10,892 Mil) and increased from Nov. 2023 (円10,892 Mil) to Feb. 2024 (円12,132 Mil).

Kintetsu Department Store Co's annual retained earnings increased from Feb. 2022 (円7,862 Mil) to Feb. 2023 (円9,755 Mil) and increased from Feb. 2023 (円9,755 Mil) to Feb. 2024 (円12,132 Mil).


Kintetsu Department Store Co Retained Earnings Historical Data

The historical data trend for Kintetsu Department Store 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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Kintetsu Department Store Co Retained Earnings Chart

Kintetsu Department Store Co 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 14,039.00 8,282.00 7,862.00 9,755.00 12,132.00

Kintetsu Department Store Co 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 9,755.00 9,534.00 10,537.00 10,892.00 12,132.00

Kintetsu Department Store 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.


Kintetsu Department Store Co  (TSE:8244) 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.


Kintetsu Department Store Co (TSE:8244) Business Description

Traded in Other Exchanges
N/A
Address
1-1-43 Abenosuji, Osaka, JPN
Kintetsu Department Store CO., Ltd. is principally engaged in operating department store business in the Kansai region of Japan. The company offers a broad range of merchandise, including apparel, cosmetics, medicine, jewelry, accessories, travel goods, household electric appliances, and other. Kintetsu Department Store provides complementary functions, including restaurants, coffee shops, and other services, like hotel delivery service, home delivery service, luggage storage, sightseeing information services, and other.

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