• Nidec average return on equity for 2023 was 4.07, a 63.27% increase from 2022.
• Nidec average return on equity for 2022 was 11.08, a 10.21% decline from 2021.
• Nidec average return on equity for 2021 was 12.34, a 55.61% decline from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.