• Square Enix Holdings average return on tangible equity for 2023 was 20.1, a 2.76% decline from 2022.
• Square Enix Holdings average return on tangible equity for 2022 was 20.67, a 18.93% decline from 2021.
• Square Enix Holdings average return on tangible equity for 2021 was 17.38, a 5.02% 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.