Sony Group (Sony Group) Retained Earnings : $40,112 Mil (As of Dec. 2023)

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What is Sony Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sony Group's retained earnings for the quarter that ended in Dec. 2023 was $40,112 Mil.

Sony Group's quarterly retained earnings declined from Jun. 2023 ($37,222 Mil) to Sep. 2023 ($36,942 Mil) but then increased from Sep. 2023 ($36,942 Mil) to Dec. 2023 ($40,112 Mil).

Sony Group's annual retained earnings increased from Mar. 2021 ($26,813 Mil) to Mar. 2022 ($31,716 Mil) and increased from Mar. 2022 ($31,716 Mil) to Mar. 2023 ($34,524 Mil).

Sony Group Retained Earnings Historical Data

The historical data trend for Sony Group'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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Sony Group Retained Earnings Chart

Sony Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

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20,879.04

18,108.53

26,812.58

31,715.68

34,524.08

Sony Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															33,119.62	34,524.08	37,221.89	36,941.82	40,111.90

Sony Group 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.

Sony Group (NYSE:SONY) 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.

Sony Group (Sony Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sony Group Corp (NYSE:SONY) » Definitions » Retained Earnings

Traded in Other Exchanges

SNEJF:USA SONY:Mexico 6758:Japan SON1:Germany SNEC34:Brazil SON1:Austria

Address

7-1, Konan 1-Chome, Minato-ku, Tokyo, JPN, 108-0075

Website

https://www.sony.com

Sony Group is a conglomerate with consumer electronics roots, which not only designs, develops, produces, and sells electronic equipment and devices, but also is engaged in content businesses, such as console and mobile games, music, and movies. Sony is a global top company of CMOS image sensors, game consoles, professional broadcasting cameras, and music publishing, and is one of the top players on digital cameras, wireless earphones, recorded music, movies, and so on. Sony's business portfolio is well diversified with six major business segments. The company fully consolidated Sony Financial in September 2020, which provides life and non-life insurance, banking, and other financial services.