• Orix Corp Ads average return on tangible equity for 2023 was 7.87, a 14.27% increase from 2022.
• Orix Corp Ads average return on tangible equity for 2022 was 9.18, a 26.1% decline from 2021.
• Orix Corp Ads average return on tangible equity for 2021 was 7.28, a 13.54% 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.