• Kyocera average return on tangible equity for 2023 was 6.17, a 1.31% increase from 2022.
• Kyocera average return on tangible equity for 2022 was 6.09, a 6.84% increase from 2021.
• Kyocera average return on tangible equity for 2021 was 5.7, a 5.17% 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.