Goldcrest Co (TSE:8871) Retained Earnings: 円115,657 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:8871 Goldcrest Co Ltd TSE:8871
77 GF Score
Price 円3,300.00
GF Value 円3,763.24
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Goldcrest Co Retained Earnings?

Goldcrest Co TSE:8871 +1.07% 77 Retained Earnings is 円115,657 Mil as of Mar. 2026. GuruFocus rates TSE:8871 with a GF Score™ of 77/100 and a GF Value™ of 円3,763.24 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Goldcrest Co's retained earnings for the quarter that ended in Mar. 2026 was 円115,657 Mil.

Goldcrest Co's quarterly retained earnings declined from Sep. 2025 (円114,934 Mil) to Dec. 2025 (円114,534 Mil) but then increased from Dec. 2025 (円114,534 Mil) to Mar. 2026 (円115,657 Mil).

Goldcrest Co's annual retained earnings increased from Mar. 2024 (円111,094 Mil) to Mar. 2025 (円113,450 Mil) and increased from Mar. 2025 (円113,450 Mil) to Mar. 2026 (円115,657 Mil).


Goldcrest Co  (TSE:8871) 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.


Goldcrest Co Retained Earnings Historical Data

* Premium members only.

The historical data trend for Goldcrest 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.

Goldcrest Co Retained Earnings Chart

Goldcrest Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 105,824.00 110,002.00 111,094.00 113,450.00 115,657.00

Goldcrest Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 114,118.00 114,934.00 114,534.00 115,657.00 119,819.00
TSE:8871
77GF Score
Goldcrest Co Ltd TSE:8871
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goldcrest 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of 円115,657 Mil mean?
Goldcrest Co (TSE:8871) has a Retained Earnings of 円115,657 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Goldcrest Co and its competitors.
Is Goldcrest Co's Retained Earnings too high?
Goldcrest Co's current Retained Earnings is 円115,657 Mil. Overall, Goldcrest Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goldcrest Co's Retained Earnings compare to competitors?
Goldcrest Co's Retained Earnings of 円115,657 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Retained Earnings depends on the Real Estate 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 Goldcrest Co and its competitors. Goldcrest Co's current Retained Earnings is 円115,657 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldcrest Co stock overvalued right now?
Based on GuruFocus' analysis, Goldcrest Co (TSE:8871) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,763.24, compared to a current price of 円3,300.00 — trading 12.3% below its estimated fair value. The current Retained Earnings is 円115,657 Mil. Goldcrest Co's overall GF Score™ is 77/100 with 3 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 Goldcrest Co (TSE:8871), the current Retained Earnings is 円115,657 Mil as of Mar. 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 Goldcrest Co (TSE:8871) Overvalued in 2026?

Based on GuruFocus' analysis, Goldcrest Co stock appears to be undervalued. The current stock price of 円3,300.00 is trading 12.3% below its estimated GF Value™ of 円3,763.24. GuruFocus considers Goldcrest Co to be Modestly Undervalued.

Key valuation signals for TSE:8871:

  • Retained Earnings: 円115,657 Mil
  • GF Value™: 円3,763.24 vs. price of 円3,300.00 (12.3% below fair value)
  • GF Score™: 77/100 with 3 warning signs

No single metric tells the full story. See the TSE:8871 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goldcrest Co Business Description

Address 2-1-1 Otemachi Chiyoda-ku, 12th floor, Otemachi Nomura Building, Tokyo, JPN, 100-0004
Goldcrest Co Ltd is a property development company. It is engaged in the development and sale of condominiums in and around the Tokyo Metropolitan Area. The Company operates in three business segments such as Real Estate Sales, Real Estate Leasing, and Others. The Real Estate Sales segment deals with the development and marketing of condominiums such as Crest City, Crest Form series and Crest Residence. The Real Estate Leasing segment involves with office building and apartment leasing activities. The others segment offers real estate management services.
77GF Score

Get the complete analysis for TSE:8871

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円3,300.00
Price
円3,763.24
GF Value