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THK Co (TSE:6481) Retained Earnings : 円253,409 Mil (As of Mar. 2024)


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What is THK Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. THK Co's retained earnings for the quarter that ended in Mar. 2024 was 円253,409 Mil.

THK Co's quarterly retained earnings increased from Sep. 2023 (円250,811 Mil) to Dec. 2023 (円253,440 Mil) but then declined from Dec. 2023 (円253,440 Mil) to Mar. 2024 (円253,409 Mil).

THK Co's annual retained earnings increased from Dec. 2021 (円233,607 Mil) to Dec. 2022 (円245,941 Mil) and increased from Dec. 2022 (円245,941 Mil) to Dec. 2023 (円253,440 Mil).


THK Co Retained Earnings Historical Data

The historical data trend for THK 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.

* Premium members only.

THK Co Retained Earnings Chart

THK Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 230,927.00 219,712.00 233,607.00 245,941.00 253,440.00

THK 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 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 246,745.00 252,191.00 250,811.00 253,440.00 253,409.00

THK 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.


THK Co  (TSE:6481) 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.


THK Co (TSE:6481) Business Description

Traded in Other Exchanges
Address
3-11-6, Nishi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-8503
THK Co Ltd is a Japan-based company that primarily manufactures machinery parts, including linear motion guides and ball screws, and transportation-equipment-related parts. The company operates through two segments. The industrial machinery segment provides products that are essential components in the production of machine tools and semiconductor production equipment. This segment also manufactures and sells electric actuators and unit products. The automotive and transportation segment develops and provides automotive components that support vehicles' basic functions. The company generates the majority of its revenue from the Japanese domestic market.

THK Co (TSE:6481) Headlines

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