GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SBS Holdings Inc (TSE:2384) » Definitions » Retained Earnings

SBS Holdings (TSE:2384) Retained Earnings : 円72,724 Mil (As of Mar. 2024)


View and export this data going back to 2003. Start your Free Trial

What is SBS Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SBS Holdings's retained earnings for the quarter that ended in Mar. 2024 was 円72,724 Mil.

SBS Holdings's quarterly retained earnings increased from Sep. 2023 (円69,749 Mil) to Dec. 2023 (円70,420 Mil) and increased from Dec. 2023 (円70,420 Mil) to Mar. 2024 (円72,724 Mil).

SBS Holdings's annual retained earnings increased from Dec. 2021 (円53,122 Mil) to Dec. 2022 (円62,787 Mil) and increased from Dec. 2022 (円62,787 Mil) to Dec. 2023 (円70,420 Mil).


SBS Holdings Retained Earnings Historical Data

The historical data trend for SBS Holdings'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.

SBS Holdings Retained Earnings Chart

SBS Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37,956.00 43,722.00 53,122.00 62,787.00 70,420.00

SBS Holdings 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 67,176.00 68,551.00 69,749.00 70,420.00 72,724.00

SBS Holdings 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.


SBS Holdings  (TSE:2384) 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.


SBS Holdings (TSE:2384) Business Description

Traded in Other Exchanges
N/A
Address
1-3 Taihei 4-chome, Olinas Tower, Sumida-ku, Tokyo, JPN, 130-0012
SBS Holdings Inc is engaged in the provision of logistics and related services. The company's operating business includes logistics, real-estate, and others. Its logistics business is involved in the transportation and delivery of raw materials, and the storage associated with it, handling, packaging, and distribution processing services. The real-estate business consists of rental and leasing of real estate properties. Its other business comprises of human resources, environment-related, marketing and other related business services.

SBS Holdings (TSE:2384) Headlines

No Headlines