Keihin Co (TSE:9312) Retained Earnings: 円18,911 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9312 Keihin Co Ltd TSE:9312
64 GF Score
Price 円2,823.00
GF Value 円2,225.66
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Keihin Co Retained Earnings?

Keihin Co TSE:9312 -1.29% 64 Retained Earnings is 円18,911 Mil as of Mar. 2026. GuruFocus rates TSE:9312 with a GF Score™ of 64/100 and a GF Value™ of 円2,225.66 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Keihin Co's retained earnings for the quarter that ended in Mar. 2026 was 円18,911 Mil.

Keihin Co's quarterly retained earnings increased from Sep. 2025 (円17,738 Mil) to Dec. 2025 (円18,465 Mil) and increased from Dec. 2025 (円18,465 Mil) to Mar. 2026 (円18,911 Mil).

Keihin Co's annual retained earnings increased from Mar. 2024 (円15,163 Mil) to Mar. 2025 (円16,895 Mil) and increased from Mar. 2025 (円16,895 Mil) to Mar. 2026 (円18,911 Mil).


Keihin Co  (TSE:9312) 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.


Keihin Co Retained Earnings Historical Data

* Premium members only.

The historical data trend for Keihin Co'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.

Keihin Co Retained Earnings Chart

Keihin Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,193.00 13,571.00 15,163.00 16,895.00 18,911.00

Keihin Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17,116.00 17,738.00 18,465.00 18,911.00 19,772.00
TSE:9312
64GF Score
Keihin Co Ltd TSE:9312
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keihin Co 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of 円18,911 Mil mean?
Keihin Co (TSE:9312) has a Retained Earnings of 円18,911 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Keihin Co and its competitors.
Is Keihin Co's Retained Earnings too high?
Keihin Co's current Retained Earnings is 円18,911 Mil. Overall, Keihin Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keihin Co's Retained Earnings compare to UPS and FDX?
Keihin Co's Retained Earnings of 円18,911 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Retained Earnings depends on the Transportation 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 Keihin Co and its competitors. Keihin Co's current Retained Earnings is 円18,911 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keihin Co stock overvalued right now?
Based on GuruFocus' analysis, Keihin Co (TSE:9312) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,225.66, compared to a current price of 円2,823.00 — trading 26.8% above its estimated fair value. The current Retained Earnings is 円18,911 Mil. Keihin Co's overall GF Score™ is 64/100 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 Keihin Co (TSE:9312), the current Retained Earnings is 円18,911 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 Keihin Co (TSE:9312) Overvalued in 2026?

Based on GuruFocus' analysis, Keihin Co stock appears to be overvalued. The current stock price of 円2,823.00 is trading 26.8% above its estimated GF Value™ of 円2,225.66. GuruFocus considers Keihin Co to be Modestly Overvalued.

Key valuation signals for TSE:9312:

  • Retained Earnings: 円18,911 Mil
  • GF Value™: 円2,225.66 vs. price of 円2,823.00 (26.8% above fair value)
  • GF Score™: 64/100 with 2 warning signs

No single metric tells the full story. See the TSE:9312 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keihin Co Business Description

Address 3-4-20 Kaigan, Minato-ku, Tokyo, JPN, 108-8456
Keihin Co Ltd is a Japan-based integrated logistics company. Along with its subsidiaries, the firm offers delivery and cargo services. The company provides various domestic and global logistics services including warehousing, mail-order support, domestic cargo transport, logistics IT systems, customs clearance, export car handling service, project cargo transport, sea transport, logistics consultation, and cargo trading system for export cars.
64GF Score

Get the complete analysis for TSE:9312

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,823.00
Price
円2,225.66
GF Value