• Marubeni average return on tangible equity for 2023 was 26.77, a 5.97% decline from 2022.
• Marubeni average return on tangible equity for 2022 was 28.47, a 36.68% decline from 2021.
• Marubeni average return on tangible equity for 2021 was 20.83, a 21.96% 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.