Park24 Co (TSE:4666) Retained Earnings : 円15,577 Mil (As of Jan. 2024)

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What is Park24 Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Park24 Co's retained earnings for the quarter that ended in Jan. 2024 was 円15,577 Mil.

Park24 Co's quarterly retained earnings increased from Jul. 2023 (円8,243 Mil) to Oct. 2023 (円10,491 Mil) and increased from Oct. 2023 (円10,491 Mil) to Jan. 2024 (円15,577 Mil).

Park24 Co's annual retained earnings increased from Oct. 2021 (円-9,498 Mil) to Oct. 2022 (円-7,050 Mil) and increased from Oct. 2022 (円-7,050 Mil) to Oct. 2023 (円10,491 Mil).

Park24 Co Retained Earnings Historical Data

The historical data trend for Park24 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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Park24 Co Retained Earnings Chart

Park24 Co Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Retained Earnings

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63,004.00

2,159.00

-9,498.00

-7,050.00

10,491.00

Park24 Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Retained Earnings	Get a 7-Day Free Trial															-3,902.00	929.00	8,243.00	10,491.00	15,577.00

Park24 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.

Park24 Co (TSE:4666) 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.

Park24 Co (TSE:4666) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Park24 Co Ltd (TSE:4666) » Definitions » Retained Earnings

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PKCOY:USA 5FJ:Germany

Address

2-20-4 Nishigotanda, Shinagawa-ku, Tokyo, JPN, 141-8924

Website

https://www.park24.co.jp

Park24 Co Ltd is a Japanese operator of parking facilities. The company is organised into two segments: parking business Japan, Parking Business International and mobility business. The parking business, which contributes the majority of revenue, operates fully-automated parking facilities and related services. The Parking business in international segment provides Parking facility management in overseas. The mobility business car rental services through the Times Car RENTAL brand, car sharing services through the Times Car PLUS brand, and related services. While Park 24 operates in Japan, Taiwan, and South Korea, the company earns the majority of revenue domestically.

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