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Okamoto Industries Inc
TSE:5122

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Okamoto Industries Inc
TSE:5122
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Price: 4 845 JPY 0.1%
Updated: Apr 26, 2024

ROE
Return on Equity

9.8%
Current
8%
Average
5.5%
Industry

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
9.8%
=
Net Income
8B
/
Equity
80.8B

ROE Across Competitors

ROE Comparison
Okamoto Industries Inc Competitors

Country JP
Market Cap 85B JPY
ROE
10%
Country SA
Market Cap 236.4B SAR
ROE
-2%
Country ID
Market Cap 642.3T IDR
ROE
-1%
Country US
Market Cap 39.6B USD
ROE
3%
Country UK
Market Cap 32.3B USD
ROE
17%
Country KR
Market Cap 29T KRW
ROE
4%
Country US
Market Cap 19B USD
ROE
5%
Country CN
Market Cap 108.3B CNY
ROE
3%
Country CN
Market Cap 107.6B CNY
ROE
-4%
Country TW
Market Cap 442.5B TWD
ROE
2%
Country TW
Market Cap 432.2B TWD
ROE
2%

Profitability Report

View the profitability report to see the full profitability analysis for Okamoto Industries Inc.

See Also

Discover More
What is Return on Equity?

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
9.8%
=
Net Income
8B
/
Equity
80.8B
What is the ROE of Okamoto Industries Inc?

Based on Okamoto Industries Inc's most recent financial statements, the company has ROE of 9.8%.