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Touei Housing (TSE:8875) Retained Earnings : 円24,068 Mil (As of Jul. 2013)


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What is Touei Housing Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Touei Housing's retained earnings for the quarter that ended in Jul. 2013 was 円24,068 Mil.

Touei Housing's quarterly retained earnings increased from Jan. 2013 (円22,215 Mil) to Apr. 2013 (円22,877 Mil) and increased from Apr. 2013 (円22,877 Mil) to Jul. 2013 (円24,068 Mil).

Touei Housing's annual retained earnings increased from Jan. 2011 (円17,262 Mil) to Jan. 2012 (円19,577 Mil) and increased from Jan. 2012 (円19,577 Mil) to Jan. 2013 (円22,215 Mil).


Touei Housing Retained Earnings Historical Data

The historical data trend for Touei Housing'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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Touei Housing Retained Earnings Chart

Touei Housing Annual Data
Trend Jan09 Jan10 Jan11 Jan12 Jan13
Retained Earnings
7,898.00 11,271.00 17,262.00 19,577.00 22,215.00

Touei Housing Quarterly Data
Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 20,948.00 21,000.00 22,215.00 22,877.00 24,068.00

Touei Housing 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.


Touei Housing  (TSE:8875) 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.


Touei Housing (TSE:8875) Business Description

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Touei Housing Corporation is a real estate company. It operates in residential and real estate businesses, with Detached Housing sales business as their core business. Its activities include sale of lots of land, construction contracting among others.

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