Niterra Co (TSE:5334) Retained Earnings : 円470,445 Mil (As of Mar. 2024)

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What is Niterra Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Niterra Co's retained earnings for the quarter that ended in Mar. 2024 was 円470,445 Mil.

Niterra Co's quarterly retained earnings increased from Sep. 2023 (円449,544 Mil) to Dec. 2023 (円455,809 Mil) and increased from Dec. 2023 (円455,809 Mil) to Mar. 2024 (円470,445 Mil).

Niterra Co's annual retained earnings increased from Mar. 2022 (円375,968 Mil) to Mar. 2023 (円420,195 Mil) and increased from Mar. 2023 (円420,195 Mil) to Mar. 2024 (円470,445 Mil).

Niterra Co Retained Earnings Historical Data

The historical data trend for Niterra 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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Niterra Co Retained Earnings Chart

Niterra Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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291,122.00

325,187.00

375,968.00

420,195.00

470,445.00

Niterra 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															420,195.00	427,206.00	449,544.00	455,809.00	470,445.00

Niterra 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.

Niterra Co (TSE:5334) 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.

Niterra Co (TSE:5334) Business Description

Industry

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NGK:Germany

Address

14-18, Takatsuji-cho, Mizuho-ku, Nagoya, JPN, 467-8525

Website

http://www.ngkntk.co.jp

Niterra Co Ltd is a producer of spark plugs for internal combustion engines in the automotive industry and various ceramic products and tools. Under its two brands NGK Spark Plugs and NTK Technical Ceramics, the company produces spark plugs, glow plugs, sensors, semiconductor packages, cutting tools, medical products, and fine ceramics. NGK's largest end markets are Asia including Japan, North America, and Europe. The company produces in Japan and Brazil, while subsidiaries across the globe assemble and sell parts in their respective regions. The automotive components division generates the lion's share of sales for NGK Spark Plug.

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