• Nippon Yusen Kabushiki Kaisha average return on tangible equity for 2023 was 40.62, a 24.26% decline from 2022.
• Nippon Yusen Kabushiki Kaisha average return on tangible equity for 2022 was 53.63, a 83.41% decline from 2021.
• Nippon Yusen Kabushiki Kaisha average return on tangible equity for 2021 was 29.24, a 588% 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.