GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mitsui Fudosan Co Ltd (STU:MFU) » Definitions » Retained Earnings

Mitsui Fudosan Co (STU:MFU) Retained Earnings : €10,390 Mil (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Mitsui Fudosan Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mitsui Fudosan Co's retained earnings for the quarter that ended in Dec. 2023 was €10,390 Mil.

Mitsui Fudosan Co's quarterly retained earnings declined from Jun. 2023 (€10,224 Mil) to Sep. 2023 (€10,198 Mil) but then increased from Sep. 2023 (€10,198 Mil) to Dec. 2023 (€10,390 Mil).

Mitsui Fudosan Co's annual retained earnings declined from Mar. 2022 (€10,648 Mil) to Mar. 2023 (€10,478 Mil) and declined from Mar. 2023 (€10,478 Mil) to Mar. 2024 (€10,186 Mil).


Mitsui Fudosan Co Retained Earnings Historical Data

The historical data trend for Mitsui Fudosan 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.

* Premium members only.

Mitsui Fudosan Co Retained Earnings Chart

Mitsui Fudosan Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,995.92 9,734.77 10,647.76 10,478.49 10,186.42

Mitsui Fudosan Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10,478.49 10,224.25 10,198.35 10,389.87 10,186.42

Mitsui Fudosan 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.


Mitsui Fudosan Co  (STU:MFU) 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.


Mitsui Fudosan Co (STU:MFU) Business Description

Traded in Other Exchanges
Address
1-1, Nihonbashi-Muromachi 2-chome, Chuo-ku, Tokyo, JPN, 103-0022
Mitsui Fudosan is one of the three big Japanese real estate companies, together with Mitsubishi Estate and Sumitomo Realty. Although its traditional office district is Nihonbashi, it has developed large office projects across Tokyo, as well as London and New York City. Mitsui Fudosan derives a higher portion of its revenue and profits from retail leasing than Mitsubishi Estate and Sumitomo Realty with an extensive portfolio of urban retail buildings, shopping malls, and outlet parks. It is in the process of expanding the latter two formats across Asia. Like Sumitomo Realty, it is active in condo development and residential real estate brokerage, and its Mitsui Home unit is a second-tier builder of detached houses.

Mitsui Fudosan Co (STU:MFU) Headlines

No Headlines