• Mitsubishi Heavy Industries average return on tangible equity for 2023 was 10.22, a 15.09% increase from 2022.
• Mitsubishi Heavy Industries average return on tangible equity for 2022 was 8.88, a 21.98% increase from 2021.
• Mitsubishi Heavy Industries average return on tangible equity for 2021 was 7.28, a 308.99% 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.