Kitakei Co (TSE:9872) Retained Earnings : 円6,168 Mil (As of Nov. 2024)

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What is Kitakei Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kitakei Co's retained earnings for the quarter that ended in Nov. 2024 was 円6,168 Mil.

Kitakei Co's quarterly retained earnings increased from Feb. 2024 (円8,255 Mil) to May. 2024 (円8,428 Mil) but then declined from May. 2024 (円8,428 Mil) to Nov. 2024 (円6,168 Mil).

Kitakei Co's annual retained earnings increased from Nov. 2022 (円5,197 Mil) to Nov. 2023 (円5,787 Mil) and increased from Nov. 2023 (円5,787 Mil) to Nov. 2024 (円6,168 Mil).

Kitakei Co Retained Earnings Historical Data

The historical data trend for Kitakei 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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Kitakei Co Retained Earnings Chart

Kitakei Co Annual Data

Trend

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Retained Earnings

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6,970.46

4,777.94

5,196.74

5,787.01

6,167.59

Kitakei Co Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Nov24
Retained Earnings	Get a 7-Day Free Trial															8,168.28	5,787.01	8,255.16	8,428.06	6,167.59

Kitakei 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.

Kitakei Co (TSE:9872) 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.

Kitakei Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kitakei Co Ltd (TSE:9872) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

Minami-Honmachi, Chuo-ku, Ito Building 3-6-14, Osaka, JPN, 541-0054

Website

http://www.kitakei.jp

Kitakei Co Ltd is a trading company, selling housing materials and equipment in Japan. It provides interior products, including floor, wall, roofing, frame, and building materials; interior doors; stairs, hand railings, and counters; entryway, wall, and closet boxes and storage products; tiles, bricks, and rock/stone materials; and Japanese style housing materials. The company also offers fixtures and fittings, such as kitchen, bath, sink bowl, sink vanity, and toilet products; hot water heaters and electrical water heater among other products.

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