• HITACHI CONSTR average return on tangible equity for 2023 was 9.53, a 26.39% increase from 2022.
• HITACHI CONSTR average return on tangible equity for 2022 was 7.54, a 4.8% increase from 2021.
• HITACHI CONSTR average return on tangible equity for 2021 was 7.92, a 11.71% decline 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.