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Renewable Japan Co (TSE:9522) Retained Earnings : 円1,513 Mil (As of Jun. 2024)


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What is Renewable Japan Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Renewable Japan Co's retained earnings for the quarter that ended in Jun. 2024 was 円1,513 Mil.

Renewable Japan Co's quarterly retained earnings declined from Dec. 2023 (円1,300 Mil) to Mar. 2024 (円1,122 Mil) but then increased from Mar. 2024 (円1,122 Mil) to Jun. 2024 (円1,513 Mil).

Renewable Japan Co's annual retained earnings increased from Dec. 2022 (円221 Mil) to Dec. 2023 (円1,300 Mil) and increased from Dec. 2023 (円1,300 Mil) to Dec. 2024 (円2,843 Mil).


Renewable Japan Co Retained Earnings Historical Data

The historical data trend for Renewable Japan 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.

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Renewable Japan Co Retained Earnings Chart

Renewable Japan Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial 1,223.82 1,744.52 221.00 1,300.00 2,843.00

Renewable Japan Co Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
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 1,296.33 1,300.00 1,122.00 1,513.00 2,843.00

Renewable Japan 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.


Renewable Japan Co  (TSE:9522) 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.


Renewable Japan Co Business Description

Traded in Other Exchanges
N/A
Address
1-2-8 Toranomon, Access to the 9th floor of Toranomon Kotohira Tower, Minato-ku, Tokyo, JPN, 105-000
Renewable Japan Co Ltd is engaged in the development and operation of renewable energy power plants.

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