• Nomura Research Institute average return on equity for 2023 was 20.32, a 8.03% increase from 2022.
• Nomura Research Institute average return on equity for 2022 was 18.81, a 18.75% increase from 2021.
• Nomura Research Institute average return on equity for 2021 was 15.84, a 31.23% increase 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.