• Dai Nippon Printing average return on tangible equity for 2023 was 8.47, a 58.61% increase from 2022.
• Dai Nippon Printing average return on tangible equity for 2022 was 5.34, a 8.76% increase from 2021.
• Dai Nippon Printing average return on tangible equity for 2021 was 4.91, a 15.53% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.