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Kamigumi Co (TSE:9364) Retained Earnings : 円311,709 Mil (As of Dec. 2023)


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What is Kamigumi Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kamigumi Co's retained earnings for the quarter that ended in Dec. 2023 was 円311,709 Mil.

Kamigumi Co's quarterly retained earnings increased from Jun. 2023 (円314,885 Mil) to Sep. 2023 (円320,965 Mil) but then declined from Sep. 2023 (円320,965 Mil) to Dec. 2023 (円311,709 Mil).

Kamigumi Co's annual retained earnings declined from Mar. 2022 (円321,928 Mil) to Mar. 2023 (円313,851 Mil) but then increased from Mar. 2023 (円313,851 Mil) to Mar. 2024 (円317,355 Mil).


Kamigumi Co Retained Earnings Historical Data

The historical data trend for Kamigumi 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.

Kamigumi Co Retained Earnings Chart

Kamigumi Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 301,483.00 310,401.00 321,928.00 313,851.00 317,355.00

Kamigumi 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 313,851.00 314,885.00 320,965.00 311,709.00 317,355.00

Kamigumi 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.


Kamigumi Co  (TSE:9364) 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.


Kamigumi Co (TSE:9364) Business Description

Traded in Other Exchanges
N/A
Address
4-1-11, Hamabe-dori, Chuo-ku, Hyogo, Kobe, JPN, 651-0083
Kamigumi is a logistics company domiciled in Japan. The company operates harbour transportation services, warehousing facilities, and automobile transportation; handles cargo; and provides air, sea, rail, and road freight services. The company organises operations into three segments: domestic distribution, international distribution, and others. The company derives the vast majority of revenue from its domestic distribution business. The others segment leases real estate and manufactures and sells alcoholic beverages.

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