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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Japan Securities Finance Co's retained earnings for the quarter that ended in Jun. 2026 was 円121,111 Mil.
Japan Securities Finance Co's quarterly retained earnings
declined
from Dec. 2025 (円126,642 Mil) to Mar. 2026 (円120,941 Mil) but then
increased
from Mar. 2026 (円120,941 Mil) to Jun. 2026 (円121,111 Mil).
Japan Securities Finance Co's annual retained earnings
increased
from Mar. 2024 (円121,036 Mil) to Mar. 2025 (円125,323 Mil) but then
declined
from Mar. 2025 (円125,323 Mil) to Mar. 2026 (円120,941 Mil).
Japan Securities Finance Co (TSE:8511) 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.
Japan Securities Finance 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.
Japan Securities Finance Co Retained Earnings Chart
Japan Securities Finance 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121,111 Mil mean?
Japan Securities Finance Co (TSE:8511) has a Retained Earnings of 円121,111 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Japan Securities Finance Co and its competitors.
Is Japan Securities Finance Co's Retained Earnings too high?
Japan Securities Finance Co's current Retained Earnings is 円121,111 Mil. Overall, Japan Securities Finance Co has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Japan Securities Finance Co's Retained Earnings compare to V and MA?
Japan Securities Finance Co's Retained Earnings of 円121,111 Mil can be compared against companies in the Credit Services 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 Credit Services company?
A good Retained Earnings depends on the Credit Services 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 Japan Securities Finance Co and its competitors. Japan Securities Finance Co's current Retained Earnings is 円121,111 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Securities Finance Co stock overvalued right now?
Based on GuruFocus' analysis, Japan Securities Finance Co (TSE:8511) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,022.17, compared to a current price of 円2,507.00 — trading 24% above its estimated fair value. The current Retained Earnings is 円121,111 Mil. Japan Securities Finance Co's overall GF Score™ is 61/100 with 5 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 Japan Securities Finance Co (TSE:8511), the current Retained Earnings is 円121,111 Mil as of Jun. 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 Japan Securities Finance Co (TSE:8511) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Securities Finance Co stock appears to be overvalued.
The current stock price of 円2,507.00 is trading 24% above its estimated GF Value™ of 円2,022.17.
GuruFocus considers Japan Securities Finance Co to be Modestly Overvalued.
Key valuation signals for TSE:8511:
Retained Earnings: 円121,111 Mil
GF Value™: 円2,022.17 vs. price of 円2,507.00 (24% above fair value)
No single metric tells the full story. See the TSE:8511 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Securities Finance Co Ltd operates in three business segments: Securities Finance, Trust Banking, and Real Estate Leasing. In the Securities Finance business, which makes up the vast majority of the company's total revenue, the company primarily provides loans for margin transactions where it earns revenue through fees and interest. The Securities Finance segment also earns fees through stock and bond lending and earns interest through bond financing and general loans. The Trust Banking business provides trust services, such as securities trust, and banking services, such as deposits and loans. The Real Estate Leasing business provides services for leasing and managing real estate. The company operates exclusively in Japan.
61GF Score
Get the complete analysis for TSE:8511
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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