• Shimano average return on equity for 2022 was 16.33, a 12.93% decline from 2021.
• Shimano average return on equity for 2021 was 14.46, a 26.73% increase from 2020.
• Shimano average return on equity for 2020 was 11.41, a 6.74% increase from 2019.

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.