• Komatsu average return on tangible equity for 2023 was 15.41, a 15.26% decline from 2022.
• Komatsu average return on tangible equity for 2022 was 13.37, a 50.73% increase from 2021.
• Komatsu average return on tangible equity for 2021 was 8.87, a 18.27% 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.