Tokyu (TSE:9005) Retained Earnings : 円512,266 Mil (As of Dec. 2023)

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What is Tokyu Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tokyu's retained earnings for the quarter that ended in Dec. 2023 was 円512,266 Mil.

Tokyu's quarterly retained earnings increased from Jun. 2023 (円486,686 Mil) to Sep. 2023 (円501,752 Mil) and increased from Sep. 2023 (円501,752 Mil) to Dec. 2023 (円512,266 Mil).

Tokyu's annual retained earnings declined from Mar. 2021 (円455,201 Mil) to Mar. 2022 (円454,484 Mil) but then increased from Mar. 2022 (円454,484 Mil) to Mar. 2023 (円471,348 Mil).

Tokyu Retained Earnings Historical Data

The historical data trend for Tokyu'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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Tokyu Retained Earnings Chart

Tokyu Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

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495,343.00

524,423.00

455,201.00

454,484.00

471,348.00

Tokyu Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															469,566.00	471,348.00	486,686.00	501,752.00	512,266.00

Tokyu 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.

Tokyu (TSE:9005) 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.

Tokyu (TSE:9005) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tokyu Corp (TSE:9005) » Definitions » Retained Earnings

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TOKUY:USA 01T:Germany

Address

5-6 Nanpeidai-cho Shibuya-ku, Tokyo, JPN, 150-8511

Website

http://www.tokyu.co.jp

Tokyu Corp provides passenger rail transportation, bus transportation, truckload services, and air transportation serving the Tokyo and its surrounding areas. The segments in which the group operates includes Transportation, Real Estate, Life service, Hotel and Resort and Business support. The company operates department stores, real estate leasing, and hotel businesses. Through its subsidiaries, Tokyu offers leisure-related services such as travel agents, theaters, golf, and rent car agents. Geographically, it operates through Japan and derives the majority of revenue from Transportation segment.

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