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Towa (TSE:6315) Retained Earnings : 円35,028 Mil (As of Dec. 2023)


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What is Towa Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Towa's retained earnings for the quarter that ended in Dec. 2023 was 円35,028 Mil.

Towa's quarterly retained earnings increased from Jun. 2023 (円32,698 Mil) to Sep. 2023 (円33,874 Mil) and increased from Sep. 2023 (円33,874 Mil) to Dec. 2023 (円35,028 Mil).

Towa's annual retained earnings increased from Mar. 2021 (円19,090 Mil) to Mar. 2022 (円26,820 Mil) and increased from Mar. 2022 (円26,820 Mil) to Mar. 2023 (円32,916 Mil).


Towa Retained Earnings Historical Data

The historical data trend for Towa'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.

Towa Retained Earnings Chart

Towa Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,715.94 16,827.34 19,090.40 26,820.08 32,916.32

Towa 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 31,201.20 32,916.32 32,698.49 33,874.32 35,028.25

Towa 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.


Towa  (TSE:6315) 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.


Towa (TSE:6315) Business Description

Traded in Other Exchanges
Address
5 Kamichoshi-cho, Kamitoba, Minami-ku, Kyoto, JPN, 601-8105
Towa Corp develops, manufactures and sells resin encapsulation systems for semiconductors and singulation systems. In addition, it also manufactures and sells precision molds for manufacturing semiconductors and plastic molded products. Its product portfolio is divided into two technologies molding including light-emitting diode, semiconductor, and sensors/module products and Singulation including semiconductor, and light-emitting diode-other applications. The company's segments include semiconductor equipment and fine plastic mold. The majority of the company revenue is derived from the sale of semiconductor equipment.

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