• Shiseido average return on equity for 2023 was 2.16, a 70% decline from 2022.
• Shiseido average return on equity for 2022 was 7.2, a 42.4% decline from 2021.
• Shiseido average return on equity for 2021 was 12.5, a 24.74% decline 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.