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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. United Urban Investment's retained earnings for the quarter that ended in May. 2026 was 円20,983 Mil.
United Urban Investment's quarterly retained earnings
increased
from May. 2025 (円18,356 Mil) to Nov. 2025 (円18,731 Mil) and
increased
from Nov. 2025 (円18,731 Mil) to May. 2026 (円20,983 Mil).
United Urban Investment's annual retained earnings
increased
from Nov. 2023 (円17,123 Mil) to Nov. 2024 (円19,278 Mil) but then
declined
from Nov. 2024 (円19,278 Mil) to Nov. 2025 (円18,731 Mil).
United Urban Investment (TSE:8960) 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.
United Urban Investment Retained Earnings Historical Data
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The historical data trend for United Urban Investment'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.
United Urban Investment 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20,983 Mil mean?
United Urban Investment (TSE:8960) has a Retained Earnings of 円20,983 Mil as of May. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on United Urban Investment and its competitors.
Is United Urban Investment's Retained Earnings too high?
United Urban Investment's current Retained Earnings is 円20,983 Mil. Overall, United Urban Investment has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does United Urban Investment's Retained Earnings compare to VICI and WPC?
United Urban Investment's Retained Earnings of 円20,983 Mil can be compared against companies in the REITs 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 REITs company?
A good Retained Earnings depends on the REITs 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 United Urban Investment and its competitors. United Urban Investment's current Retained Earnings is 円20,983 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Urban Investment stock overvalued right now?
Based on GuruFocus' analysis, United Urban Investment (TSE:8960) is currently considered Fairly Valued. The stock's GF Value™ is 円171,177.40, compared to a current price of 円160,200.00 — trading 6.4% below its estimated fair value. The current Retained Earnings is 円20,983 Mil. United Urban Investment's overall GF Score™ is 71/100 with 4 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 United Urban Investment (TSE:8960), the current Retained Earnings is 円20,983 Mil as of May. 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 United Urban Investment (TSE:8960) Overvalued in 2026?
Based on GuruFocus' analysis, United Urban Investment stock appears to be undervalued.
The current stock price of 円160,200.00 is trading 6.4% below its estimated GF Value™ of 円171,177.40.
GuruFocus considers United Urban Investment to be Fairly Valued.
Key valuation signals for TSE:8960:
Retained Earnings: 円20,983 Mil
GF Value™: 円171,177.40 vs. price of 円160,200.00 (6.4% below fair value)
No single metric tells the full story. See the TSE:8960 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
United Urban Investment Corp is a real estate investment trust. The company invests in real estates such as retail properties, office buildings, hotels, residential properties and others. The company's primary objective is to secure steady earnings over the medium to long term through investment in varied both in types of use and geographical location. The company invests in real estates located in the Tokyo metropolitan area and other cities in Japan including government-designated cities, and surrounding areas thereof.
71GF Score
Get the complete analysis for TSE:8960
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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