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AirCloset (TSE:9557) Retained Earnings : 円-397 Mil (As of Mar. 2024)


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What is AirCloset Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. AirCloset's retained earnings for the quarter that ended in Mar. 2024 was 円-397 Mil.

AirCloset's quarterly retained earnings increased from Sep. 2023 (円-351 Mil) to Dec. 2023 (円-331 Mil) but then declined from Dec. 2023 (円-331 Mil) to Mar. 2024 (円-397 Mil).

AirCloset's annual retained earnings declined from Jun. 2021 (円-1,675 Mil) to Jun. 2022 (円-2,053 Mil) but then increased from Jun. 2022 (円-2,053 Mil) to Jun. 2023 (円-354 Mil).


AirCloset Retained Earnings Historical Data

The historical data trend for AirCloset'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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AirCloset Retained Earnings Chart

AirCloset Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Retained Earnings
-1,330.06 -1,674.72 -2,052.86 -354.19

AirCloset Quarterly Data
Jun20 Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -2,285.50 -354.19 -350.55 -331.20 -397.31

AirCloset 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.


AirCloset  (TSE:9557) 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.


AirCloset Business Description

Traded in Other Exchanges
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Address
3-1-31 Minamiaoyama, KD Minami Aoyama Building, Minato-ku, Tokyo, JPN, 107-0062
AirCloset Inc operates a fashion rental platform, airCloset. The company's services include Online Fashion Rental Service, airCloset; Fashion Rental Shop, airClosetxABLE; Online Styling EC Service, airCloset Fitting; Manufacturer's official monthly rental mall, airCloset Mall; and Remote personal styling service, airCloset Talk.

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