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Aso International (TSE:9340) Retained Earnings : 円1,909 Mil (As of Mar. 2024)


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What is Aso International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Aso International's retained earnings for the quarter that ended in Mar. 2024 was 円1,909 Mil.

Aso International's quarterly retained earnings increased from Sep. 2023 (円1,730 Mil) to Dec. 2023 (円1,806 Mil) and increased from Dec. 2023 (円1,806 Mil) to Mar. 2024 (円1,909 Mil).

Aso International's annual retained earnings increased from Jun. 2021 (円1,307 Mil) to Jun. 2022 (円1,556 Mil) and increased from Jun. 2022 (円1,556 Mil) to Jun. 2023 (円1,789 Mil).


Aso International Retained Earnings Historical Data

The historical data trend for Aso International'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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Aso International Retained Earnings Chart

Aso International Annual Data
Trend Jun21 Jun22 Jun23
Retained Earnings
1,306.69 1,555.74 1,788.90

Aso International Quarterly Data
Jun21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only 1,666.74 1,788.90 1,729.87 1,806.35 1,909.07

Aso International 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.


Aso International  (TSE:9340) 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.


Aso International (TSE:9340) Business Description

Traded in Other Exchanges
N/A
Address
2-11-8 Ginza, Chuo-ku, No. 22 Chuo Building, 3rd FLoor, Tokyo, JPN, 104-0061
Aso International Inc is engaged in the manufacturing and sale of orthodontic appliances.

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