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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. GRCS's retained earnings for the quarter that ended in May. 2026 was 円-785 Mil.
GRCS's quarterly retained earnings
declined
from Nov. 2025 (円-714 Mil) to Feb. 2026 (円-792 Mil) but then
increased
from Feb. 2026 (円-792 Mil) to May. 2026 (円-785 Mil).
GRCS's annual retained earnings
increased
from Nov. 2023 (円-299 Mil) to Nov. 2024 (円-186 Mil) but then
declined
from Nov. 2024 (円-186 Mil) to Nov. 2025 (円-714 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.
GRCS Retained Earnings Historical Data
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The historical data trend for GRCS'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.
GRCS (TSE:9250) has a Retained Earnings of 円-785 Mil as of May. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on GRCS and its competitors.
Is GRCS's Retained Earnings too high?
GRCS's current Retained Earnings is 円-785 Mil. Overall, GRCS has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GRCS's Retained Earnings compare to IBM and ACN?
GRCS's Retained Earnings of 円-785 Mil can be compared against companies in the Software 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 Software company?
A good Retained Earnings depends on the Software 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 GRCS and its competitors. GRCS's current Retained Earnings is 円-785 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GRCS stock overvalued right now?
Based on GuruFocus' analysis, GRCS (TSE:9250) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,533.77, compared to a current price of 円883.00 — trading 42.4% below its estimated fair value. The current Retained Earnings is 円-785 Mil. GRCS's overall GF Score™ is 54/100 with 5 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 GRCS (TSE:9250), the current Retained Earnings is 円-785 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 GRCS (TSE:9250) Overvalued in 2026?
Based on GuruFocus' analysis, GRCS stock appears to be undervalued.
The current stock price of 円883.00 is trading 42.4% below its estimated GF Value™ of 円1,533.77.
GuruFocus considers GRCS to be Possible Value Trap.
Key valuation signals for TSE:9250:
Retained Earnings: 円-785 Mil
GF Value™: 円1,533.77 vs. price of 円883.00 (42.4% below fair value)
No single metric tells the full story. See the TSE:9250 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GRCS Inc provides GRC solutions that visualize the risks surrounding a company and utilize IT to optimize company rules and social rules while utilizing them in management. Its GRC solutions business is divided into the Solutions Division and the Products Division. The Solutions division provides support for the implementation of GRC-related tools, including the design and construction of in-house developed products; consulting services such as IT security design, construction of regulations and policies, analysis, diagnosis, etc.; and services related to financial technology, including system analysis, development, and implementation. The Products division offers products that help solve operational issues related to GRC, managing personal information, and preventing security incidents.
54GF Score
Get the complete analysis for TSE:9250
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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