• Secom average return on tangible equity for 2023 was 8.25, a 2.48% increase from 2022.
• Secom average return on tangible equity for 2022 was 8.05, a 8.73% increase from 2021.
• Secom average return on tangible equity for 2021 was 8.82, a 1.45% decline 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.