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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. The Kyoto Hotel's retained earnings for the quarter that ended in Mar. 2026 was 円2,404 Mil.
The Kyoto Hotel's quarterly retained earnings
increased
from Mar. 2025 (円1,606 Mil) to Sep. 2025 (円1,747 Mil) and
increased
from Sep. 2025 (円1,747 Mil) to Mar. 2026 (円2,404 Mil).
The Kyoto Hotel's annual retained earnings
increased
from Mar. 2024 (円935 Mil) to Mar. 2025 (円1,606 Mil) and
increased
from Mar. 2025 (円1,606 Mil) to Mar. 2026 (円2,404 Mil).
The Kyoto Hotel (TSE:9723) 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.
The Kyoto Hotel Retained Earnings Historical Data
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The historical data trend for The Kyoto Hotel'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.
The Kyoto Hotel (TSE:9723) has a Retained Earnings of 円2,404 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on The Kyoto Hotel and its competitors.
Is The Kyoto Hotel's Retained Earnings too high?
The Kyoto Hotel's current Retained Earnings is 円2,404 Mil. Overall, The Kyoto Hotel has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Kyoto Hotel's Retained Earnings compare to MAR and HLT?
The Kyoto Hotel's Retained Earnings of 円2,404 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Retained Earnings depends on the Travel & Leisure 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 The Kyoto Hotel and its competitors. The Kyoto Hotel's current Retained Earnings is 円2,404 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Kyoto Hotel stock overvalued right now?
Based on GuruFocus' analysis, The Kyoto Hotel (TSE:9723) is currently considered Modestly Undervalued. The stock's GF Value™ is 円752.68, compared to a current price of 円639.00 — trading 15.1% below its estimated fair value. The current Retained Earnings is 円2,404 Mil. The Kyoto Hotel's overall GF Score™ is 72/100 with 4 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 The Kyoto Hotel (TSE:9723), the current Retained Earnings is 円2,404 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 The Kyoto Hotel (TSE:9723) Overvalued in 2026?
Based on GuruFocus' analysis, The Kyoto Hotel stock appears to be undervalued.
The current stock price of 円639.00 is trading 15.1% below its estimated GF Value™ of 円752.68.
GuruFocus considers The Kyoto Hotel to be Modestly Undervalued.
Key valuation signals for TSE:9723:
Retained Earnings: 円2,404 Mil
GF Value™: 円752.68 vs. price of 円639.00 (15.1% below fair value)
No single metric tells the full story. See the TSE:9723 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Kyoto Hotel Ltd operates hotels & banquet halls in Japan. The Company manages restaurants & bars under the names of Kyoto Hotel Okura and Karasuma Kyoto Hotel. It operates in four divisions: accommodation, banquet, restaurant & others division. It also has the online shop.
72GF Score
Get the complete analysis for TSE:9723
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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