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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fuluhashi Epo's retained earnings for the quarter that ended in Mar. 2026 was 円3,501 Mil.
Fuluhashi Epo's quarterly retained earnings
increased
from Sep. 2025 (円3,153 Mil) to Dec. 2025 (円3,195 Mil) and
increased
from Dec. 2025 (円3,195 Mil) to Mar. 2026 (円3,501 Mil).
Fuluhashi Epo's annual retained earnings
increased
from Mar. 2024 (円2,231 Mil) to Mar. 2025 (円2,946 Mil) and
increased
from Mar. 2025 (円2,946 Mil) to Mar. 2026 (円3,501 Mil).
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.
Fuluhashi Epo Retained Earnings Historical Data
* Premium members only.
The historical data trend for Fuluhashi Epo'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.
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.
Fuluhashi Epo (TSE:9221) has a Retained Earnings of 円3,501 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Fuluhashi Epo and its competitors.
Is Fuluhashi Epo's Retained Earnings too high?
Fuluhashi Epo's current Retained Earnings is 円3,501 Mil. Overall, Fuluhashi Epo has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fuluhashi Epo's Retained Earnings compare to WM and RSG?
Fuluhashi Epo's Retained Earnings of 円3,501 Mil can be compared against companies in the Waste Management 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 Waste Management company?
A good Retained Earnings depends on the Waste Management 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 Fuluhashi Epo and its competitors. Fuluhashi Epo's current Retained Earnings is 円3,501 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuluhashi Epo stock overvalued right now?
Based on GuruFocus' analysis, Fuluhashi Epo (TSE:9221) is currently considered Fairly Valued. The stock's GF Value™ is 円1,138.32, compared to a current price of 円1,176.00 — trading 3.3% above its estimated fair value. The current Retained Earnings is 円3,501 Mil. Fuluhashi Epo's overall GF Score™ is 72/100 with 2 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 Fuluhashi Epo (TSE:9221), the current Retained Earnings is 円3,501 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 Fuluhashi Epo (TSE:9221) Overvalued in 2026?
Based on GuruFocus' analysis, Fuluhashi Epo stock appears to be overvalued.
The current stock price of 円1,176.00 is trading 3.3% above its estimated GF Value™ of 円1,138.32.
GuruFocus considers Fuluhashi Epo to be Fairly Valued.
Key valuation signals for TSE:9221:
Retained Earnings: 円3,501 Mil
GF Value™: 円1,138.32 vs. price of 円1,176.00 (3.3% above fair value)
No single metric tells the full story. See the TSE:9221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fuluhashi Epo Corp provides environmental solutions, such as recycling wood waste, selling recycled wood chips as fuel or raw material products, and recycling construction by-products generated at construction sites. In addition, it is involved in manufacturing and selling logistics equipment that takes into consideration the entire process from collection to recycling, and purchasing and selling used logistics equipment. The group's reportable segments are the biomaterials business and the resource recycling business. The majority of its revenue is generated from the biomaterials business, which is engaged in the contract processing of wood waste materials and the manufacture and sale of wood resource chips (raw material chips and fuel chips).
72GF Score
Get the complete analysis for TSE:9221
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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