First Time Loading...

Noritake Co Ltd
TSE:5331

Watchlist Manager
Noritake Co Ltd Logo
Noritake Co Ltd
TSE:5331
Watchlist
Price: 4 045 JPY 1% Market Closed
Updated: Apr 26, 2024

ROE
Return on Equity

8%
Current
7%
Average
7.5%
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
8%
=
Net Income
10.5B
/
Equity
132.3B

ROE Across Competitors

ROE Comparison
Noritake Co Ltd Competitors

Country JP
Market Cap 117.3B JPY
ROE
8%
Country SE
Market Cap 944.4B SEK
ROE
33%
Country US
Market Cap 74.4B USD
ROE
97%
Country US
Market Cap 70.8B USD
ROE
26%
Country US
Market Cap 37.7B USD
ROE
-29%
Country US
Market Cap 37.6B USD
ROE
8%
Country JP
Market Cap 5.2T JPY
ROE
11%
Country US
Market Cap 31.7B USD
ROE
9%
Country JP
Market Cap 4.5T JPY
ROE
11%
Country JP
Market Cap 4.3T JPY
ROE
9%
Country CH
Market Cap 24.6B CHF
ROE
14%

Profitability Report

View the profitability report to see the full profitability analysis for Noritake Co Ltd.

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
8%
=
Net Income
10.5B
/
Equity
132.3B
What is the ROE of Noritake Co Ltd?

Based on Noritake Co Ltd's most recent financial statements, the company has ROE of 8%.