GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Open Door Inc (TSE:3926) » Definitions » Retained Earnings

Open Door (TSE:3926) Retained Earnings : 円3,823 Mil (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Open Door Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Open Door's retained earnings for the quarter that ended in Dec. 2023 was 円3,823 Mil.

Open Door's quarterly retained earnings increased from Jun. 2023 (円3,778 Mil) to Sep. 2023 (円3,850 Mil) but then declined from Sep. 2023 (円3,850 Mil) to Dec. 2023 (円3,823 Mil).

Open Door's annual retained earnings declined from Mar. 2021 (円4,366 Mil) to Mar. 2022 (円3,821 Mil) and declined from Mar. 2022 (円3,821 Mil) to Mar. 2023 (円3,777 Mil).


Open Door Retained Earnings Historical Data

The historical data trend for Open Door'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.

Open Door Retained Earnings Chart

Open Door Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 4,092.84 5,018.25 4,366.08 3,821.28 3,776.62

Open Door 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 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 3,759.53 3,776.62 3,777.52 3,850.16 3,823.01

Open Door 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.


Open Door  (TSE:3926) 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.


Open Door (TSE:3926) Business Description

Traded in Other Exchanges
Address
2-17-7 Akasaka, Akasaka Tameike Tower, 6th Floor, Minato-ku, Chikusei-cho, Tokyo, JPN, 107-0052
Open Door Inc is engaged in the planning and operation of game content for mobile phones, software development, and content delivery. It is also involved in development and provision of online systems for the internet and mobile phones. The company operates in two sites Travelko, a travel comparison site and GALLERY JAPAN, a japanese traditional art crafts site.

Open Door (TSE:3926) Headlines

No Headlines