• Sony average return on tangible equity for 2023 was 17.74, a 12.42% decline from 2022.
• Sony average return on tangible equity for 2022 was 15.78, a 33.95% increase from 2021.
• Sony average return on tangible equity for 2021 was 23.89, a 5.72% 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.