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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Daiwa House REIT Investment's retained earnings for the quarter that ended in Feb. 2026 was 円12,214 Mil.
Daiwa House REIT Investment's quarterly retained earnings
increased
from Feb. 2025 (円13,166 Mil) to Aug. 2025 (円15,023 Mil) but then
declined
from Aug. 2025 (円15,023 Mil) to Feb. 2026 (円12,214 Mil).
Daiwa House REIT Investment's annual retained earnings
declined
from Aug. 2023 (円11,359 Mil) to Aug. 2024 (円10,143 Mil) but then
increased
from Aug. 2024 (円10,143 Mil) to Aug. 2025 (円15,023 Mil).
Daiwa House REIT Investment (TSE:8984) 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.
Daiwa House REIT Investment 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.
Daiwa House REIT Investment Retained Earnings Chart
Daiwa House REIT 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12,214 Mil mean?
Daiwa House REIT Investment (TSE:8984) has a Retained Earnings of 円12,214 Mil as of Feb. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Daiwa House REIT Investment and its competitors.
Is Daiwa House REIT Investment's Retained Earnings too high?
Daiwa House REIT Investment's current Retained Earnings is 円12,214 Mil. Overall, Daiwa House REIT Investment has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Daiwa House REIT Investment's Retained Earnings compare to VICI and WPC?
Daiwa House REIT Investment's Retained Earnings of 円12,214 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 Daiwa House REIT Investment and its competitors. Daiwa House REIT Investment's current Retained Earnings is 円12,214 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa House REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, Daiwa House REIT Investment (TSE:8984) is currently considered Fairly Valued. The stock's GF Value™ is 円126,503.23, compared to a current price of 円120,000.00 — trading 5.1% below its estimated fair value. The current Retained Earnings is 円12,214 Mil. Daiwa House REIT Investment's overall GF Score™ is 61/100 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 Daiwa House REIT Investment (TSE:8984), the current Retained Earnings is 円12,214 Mil as of Feb. 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 Daiwa House REIT Investment (TSE:8984) Overvalued in 2026?
Based on GuruFocus' analysis, Daiwa House REIT Investment stock appears to be undervalued.
The current stock price of 円120,000.00 is trading 5.1% below its estimated GF Value™ of 円126,503.23.
GuruFocus considers Daiwa House REIT Investment to be Fairly Valued.
Key valuation signals for TSE:8984:
Retained Earnings: 円12,214 Mil
GF Value™: 円126,503.23 vs. price of 円120,000.00 (5.1% below fair value)
No single metric tells the full story. See the TSE:8984 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daiwa House REIT Investment Corp is a diversified real estate investment trust which invests in real estate properties. Its core assets are logistics properties, residential properties, retail properties, and hotels. It invests mainly in three metropolitan areas the greater Tokyo area, the greater Nagoya area, and the greater Osaka area. The firm's portfolio consists of assets with various risk-return profiles. It generates revenue from rental activity on a straight-line accrual basis over the life of each lease contract. The company operates only in Japan.
61GF Score
Get the complete analysis for TSE:8984
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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