ROE (return on equity) by industry
ROE = net income attributable to parent ÷ average parent equity
Net income attributable to parent divided by average equity attributable to parent.
ROE by industry (median)
Each company is counted once, in its largest industry. Industries with three or more companies. Companies with at least ¥1bn in revenue and positive profit and equity. Total equity approximates parent equity when unavailable.
- 1PetsConsumer & Public Services・3 cos.24.6%Top: Inuneko-Seikatsu 46.4%, Wolves Hand 24.6%, Japan Animal Referral Medical Center 18.5%
- 2M&A AdvisoryFinance & Business Services・7 cos.23.6%Top: Batonz 45.6%, Quants Research Institute Holdings 39.2%, Nihon M&A Center Holdings 26.2%
- 3ShipbuildingAutomotive & Machinery・9 cos.23.1%Top: Japan Engine 30.5%, Mitsui E&S 29.4%, Modec 27.0%
- 4Amusement Centers & KaraokeEntertainment, Media & Leisure・7 cos.21.6%Top: TETSUJIN Holdings 77.8%, AEON Fantasy 30.9%, Round ONE 22.2%
- 5StreamingEntertainment, Media & Leisure・7 cos.20.6%Top: Anycolor 57.6%, jig.jp 25.3%, Mirrativ 20.9%
- 6CybersecurityIT, Telecom & Internet・26 cos.20.0%Top: Trend Micro 46.2%, Global Security Experts 43.4%, Hennge 40.7%
- 7Hotels & InnsEntertainment, Media & Leisure・14 cos.18.9%Top: Greens 44.1%, Fujita Kanko 35.0%, Hanatour Japan 34.9%
- 8HR & StaffingFinance & Business Services・79 cos.18.9%Top: Roxx 73.6%, Geekly 45.6%, JAC Recruitment 42.4%
- 9Internet Services & AppsIT, Telecom & Internet・42 cos.18.7%Top: Minkabu the Infonoid 106.1%, uridoki 84.4%, Branu 82.6%
- 10PCs & PeripheralsElectronics・9 cos.17.7%Top: Gdep Advance 24.7%, Elecom 22.6%, AKIBA Holdings 22.2%
- 11Broadband & ISPsIT, Telecom & Internet・9 cos.17.6%Top: GMO Internet 60.7%, FreeBit 30.9%, Broad Enterprise 29.4%
- 12Toys & HobbiesHealthcare & Consumer Goods・9 cos.15.7%Top: Sanrio Company 48.4%, SK Japan 22.2%, Bandai Namco 19.8%
- 13Health TechIT, Telecom & Internet・16 cos.15.5%Top: Data Horizon 93.5%, eWeLL 37.6%, Kusurinomadoguchi 29.9%
- 14PR & IR ServicesFinance & Business Services・11 cos.15.3%Top: WILLs 35.6%, PR Times 30.0%, Kyodo Public Relations 23.2%
- 15IT Services & System IntegrationIT, Telecom & Internet・181 cos.15.3%Top: Smartvalue 43.3%, Argo Graphics 41.5%, baudroie 40.0%
- 16Cashless PaymentsFinance & Business Services・11 cos.15.1%Top: Robot Payment 48.8%, Mercari 30.0%, GMO Financial Gate 27.5%
- 17Secondhand RetailRetail, Trading & Restaurants・16 cos.14.9%Top: MarketEnterprise 43.6%, BuySell Technologies 31.9%, Treasure Factory 27.4%
- 18Semiconductor EquipmentElectronics・38 cos.14.4%Top: Advantest 57.6%, Lasertec 34.4%, Tokyo Electron 33.4%
- 19EducationConsumer & Public Services・27 cos.14.2%Top: Progrit 43.9%, Reskill 36.7%, Globee 32.0%
- 20Music & Live EntertainmentEntertainment, Media & Leisure・3 cos.14.2%Top: NexTone 15.3%, Space Shower Skiyaki Holdings 14.2%, Avex 7.2%
- 21Telecom CarriersIT, Telecom & Internet・10 cos.14.2%Top: Vision 23.9%, SoftBank Corp. 19.3%, Japan Communications 19.0%
- 22Events & TicketingEntertainment, Media & Leisure・8 cos.14.1%Top: PIA 37.1%, Boutiques 26.8%, tanseisha 17.6%
- 23Real Estate Development & LeasingConstruction & Real Estate・78 cos.14.0%Top: AlbaLink 67.1%, Daitobo 40.0%, Financial Partners Group 33.1%
- 24ConsultingFinance & Business Services・41 cos.13.9%Top: Reiwa Accounting Holdings 49.7%, ExaWizards 44.1%, Globe-ing 43.2%
- 25WeddingsConsumer & Public Services・8 cos.13.8%Top: IBJ 22.1%, Take and Give. Needs 20.2%, IKK Holdings 17.4%
- 26Software & SaaSIT, Telecom & Internet・129 cos.13.5%Top: Basic 62.8%, ChatPlus 59.2%, Rakus 56.1%
- 27Real Estate Brokerage & ManagementConstruction & Real Estate・25 cos.13.2%Top: Azoom 34.8%, CCReB Advisors 29.1%, Nippon Parking Development 29.0%
- 28E-commerceIT, Telecom & Internet・26 cos.13.1%Top: ZOZO 47.7%, MonotaRO 28.8%, Jade Group 24.2%
- 29Sporting Goods & FitnessEntertainment, Media & Leisure・15 cos.12.8%Top: Fitcrew 52.5%, Asics 47.2%, Fit-Easy 34.5%
- 30Hospitals & Medical ServicesConsumer & Public Services・6 cos.12.8%Top: Fureasu 27.5%, Elan 20.6%, Artra Group 16.6%
- 31General Trading CompaniesRetail, Trading & Restaurants・7 cos.12.8%Top: Itochu 14.6%, Marubeni 13.6%, Sumitomo Corporation 12.9%
- 32Plant Engineering & Building ServicesConstruction & Real Estate・74 cos.12.8%Top: Chiyoda 103.7%, Dai-Dan 25.6%, Kawasaki Setsubi Kogyo 25.1%
- 33Nursing CareConsumer & Public Services・19 cos.12.7%Top: cedar. 30.8%, As Partners 25.4%, Litalico 20.4%
- 34Semiconductor MaterialsElectronics・22 cos.12.6%Top: Mitsui Kinzoku 25.9%, Taiyo Holdings 24.6%, JCU 20.4%
- 35Fast Food & Quick ServiceRetail, Trading & Restaurants・20 cos.12.5%Top: Fujita 44.3%, Maruchiyo Yamaokaya 44.1%, OOTOYA Holdings 30.6%
- 36Catalog & TV ShoppingRetail, Trading & Restaurants・9 cos.12.3%Top: Ai ROBOTICS 56.7%, Senshukai 24.4%, MTG 16.5%
- 37AerospaceAutomotive & Machinery・7 cos.12.2%Top: Nippon Avionics 30.5%, IHI 28.4%, AeroEdge 21.0%
- 38AirlinesTransport & Logistics・3 cos.12.2%Top: ANA 13.9%, Japan Airlines 12.2%, Star Flyer 8.8%
- 39Air ConditioningElectronics・11 cos.12.1%Top: Kimura Kohki 25.5%, Showa Manufacturing 16.1%, Seibu Giken 12.6%
- 40Credit Cards & Consumer CreditFinance & Business Services・18 cos.12.0%Top: J-Lease 37.1%, Premium Group 27.5%, Nippon Insure 23.6%
- 41Securities & Asset ManagementFinance & Business Services・29 cos.12.0%Top: Yutaka Trusty Securities 29.1%, SBI Holdings 28.0%, Japan Exchange Group 23.1%
- 42Travel AgenciesEntertainment, Media & Leisure・10 cos.11.9%Top: Tabikobo 23.3%, Booking Resort 20.1%, KNT-CT Holdings 17.8%
- 43Livestock, Feed & FertilizerFood & Agriculture・5 cos.11.7%Top: Hokuryo 24.8%, Hayashikane Sangyo 11.7%, Feed ONE 11.7%
- 44Theme Parks & Leisure FacilitiesEntertainment, Media & Leisure・12 cos.11.7%Top: Gokurakuyu Holdings 23.2%, Nippon Ski Resort Development 21.3%, Fuji Kyuko 16.7%
- 45Electrical EquipmentAutomotive & Machinery・25 cos.11.7%Top: Abalance 25.5%, Sukegawa Electric 19.2%, Nippon Sharyo 19.0%
- 46HomebuildersConstruction & Real Estate・24 cos.11.7%Top: Arr Planner 36.5%, Katitas 25.2%, Agratio urban design 24.4%
- 47Non-life InsuranceFinance & Business Services・9 cos.11.6%Top: Solvvy 38.0%, FP Partner 17.3%, eGuarantee 16.2%
- 48Waste Management & RecyclingConsumer & Public Services・24 cos.11.3%Top: REFINVERSE Group 75.2%, RenetJapanGroup 60.8%, Nikko Company 36.5%
- 49AdvertisingEntertainment, Media & Leisure・71 cos.11.3%Top: CyberBuzz 98.9%, Rentracks 56.5%, Hakuten 45.8%
- 50Oil, Gas & MiningResources, Energy & Materials・7 cos.11.2%Top: ISE Chemicals 17.5%, JX Advanced Metals 15.6%, Nittetsu Mining 11.5%
- 51Drugstores & PharmaciesRetail, Trading & Restaurants・18 cos.10.9%Top: Hyuga Primary Care 19.7%, Sugi Holdings 16.7%, Genky DrugStores 13.8%
- 52General ContractorsConstruction & Real Estate・91 cos.10.9%Top: Hanwa Home's 48.4%, UNICON Holdings 25.8%, taisei 22.6%
- 53Robots & Factory AutomationAutomotive & Machinery・32 cos.10.8%Top: IMV 17.5%, Jeol 17.0%, Fuji Electric 15.4%
- 54Restaurants & PubsRetail, Trading & Restaurants・52 cos.10.8%Top: AP Holdings 185.3%, Y's table 26.3%, Food & Life Companies 26.3%
- 55FisheriesFood & Agriculture・10 cos.10.7%Top: STI Foods Holdings 27.2%, Okamura Foods 16.5%, Nichirei 11.6%
- 56Film & AnimeEntertainment, Media & Leisure・7 cos.10.7%Top: Ray 17.9%, Toei Animation 17.1%, Toho 11.9%
- 57JR RailwaysTransport & Logistics・4 cos.10.5%Top: JR Central 11.8%, JR West 11.1%, Kyushu Railway Company 9.9%
- 58Condominium DevelopersConstruction & Real Estate・24 cos.10.5%Top: SYLA Holdings 37.2%, Global Link Management 34.8%, Hoosiers Holdings 15.7%
- 59Takeout & Delivery MealsRetail, Trading & Restaurants・13 cos.10.5%Top: Fundely 28.2%, Watami 18.8%, Oisix ra daichi 16.4%
- 60ShippingTransport & Logistics・13 cos.10.4%Top: Tokyo Kisen 20.7%, AIT 17.5%, kuribayashi steamship 16.7%
- 61Electric Power & GasResources, Energy & Materials・40 cos.10.2%Top: Earth Infinity 44.0%, Astmax 31.0%, Toumei 28.0%
- 62Disaster Prevention & Infrastructure MaintenanceConstruction & Real Estate・37 cos.10.1%Top: ERI Holdings 42.4%, Kozo Keikaku Engineering Holdings 21.7%, Nippon Dry-Chemical 18.9%
- 63Investment FundsFinance & Business Services・5 cos.10.1%Top: Next Generation Technology Group 49.5%, Fund Creation Group 10.6%, Integral 10.1%
- 64Trucks & BusesAutomotive & Machinery・4 cos.10.0%Top: Kanematsu Engineering 13.8%, ShinMaywa Industries 10.6%, Isuzu 9.5%
- 65BatteriesElectronics・6 cos.10.0%Top: GS Yuasa 14.2%, Nippon Kodoshi 10.9%, Maxell 10.2%
- 66Watches, Jewelry & EyewearHealthcare & Consumer Goods・20 cos.9.9%Top: Jins Holdings 29.5%, HOYA 25.4%, Japan Eyewear Holdings 21.9%
- 67FuneralsConsumer & Public Services・4 cos.9.9%Top: A-tie 16.1%, Tear 10.6%, 株式会社サン・ライフホールディング 9.1%
- 68Publishing & BookstoresEntertainment, Media & Leisure・15 cos.9.7%Top: Village Vanguard 32.6%, OVERLAP Holdings 27.8%, TO Books 22.7%
- 69Tires & RubberAutomotive & Machinery・14 cos.9.7%Top: Nishikawa Rubber 16.9%, Toyo Tire 15.6%, Fujikura Composites 12.9%
- 70Alcoholic BeveragesFood & Agriculture・7 cos.9.7%Top: orion breweries 19.4%, Oenon Holdings 13.2%, Kirin 12.0%
- 71Car Dealers & Used CarsAutomotive & Machinery・20 cos.9.6%Top: Truck-One 27.2%, ArkCore 20.4%, USS 19.6%
- 72Department StoresRetail, Trading & Restaurants・6 cos.9.6%Top: Saikaya Department Store 15.1%, Isetan Mitsukoshi Holdings 13.5%, Matsuya 9.7%
- 73PachinkoEntertainment, Media & Leisure・9 cos.9.6%Top: Tsuburaya Fields Holdings 23.2%, Suncorporation 21.8%, Sankyo 17.8%
- 74Furniture, Interior & Lifestyle GoodsRetail, Trading & Restaurants・17 cos.9.4%Top: Wagokoro 80.3%, Transaction 22.3%, Ryohin Keikaku 17.6%
- 75Warehouses & Logistics FacilitiesTransport & Logistics・38 cos.9.3%Top: Being Holdings 18.5%, Mitsubishi Logistics 18.0%, Rinko 16.8%
- 76LeasingFinance & Business Services・29 cos.9.3%Top: NEXYZ.Group 44.6%, Pacific Net 23.5%, SBI Leasing Services 22.2%
- 77Security ServicesConsumer & Public Services・6 cos.9.1%Top: Alsok 10.4%, Secom 9.4%, Tosnetcorporation 9.3%
- 78Electronics RetailersRetail, Trading & Restaurants・13 cos.9.1%Top: SAKAI Holdings 22.4%, Nojima 18.4%, Kyoritsu Computer & Communication 14.1%
- 79SupermarketsRetail, Trading & Restaurants・46 cos.9.1%Top: Kobe Bussan 22.1%, PPIH 17.4%, Minoya 15.5%
- 80Specialty Trading & WholesaleRetail, Trading & Restaurants・179 cos.9.0%Top: Kitoku Shinryo 33.6%, 株式会社ひとまいる 26.3%, Hibino 24.9%
- 81Non-ferrous Metals & WiresResources, Energy & Materials・26 cos.9.0%Top: Toho Zinc 237.6%, Fujikura 39.7%, Nihon Seiko 31.0%
- 82Medical DevicesElectronics・36 cos.9.0%Top: 3-D Matrix 49.8%, TAUNS Laboratories 29.9%, Colan Totte. 28.6%
- 83GamesEntertainment, Media & Leisure・29 cos.8.9%Top: Tokyo Communications Group 35.4%, Edia 31.9%, Bank of Innovation 26.3%
- 84Industrial MachineryAutomotive & Machinery・117 cos.8.9%Top: Elevator Communications 39.4%, Japan Elevator Service Holdings 32.9%, Moriya Transportation Engineering and Manufacturing 31.8%
- 85Stationery & Office SuppliesHealthcare & Consumer Goods・14 cos.8.7%Top: Itoki 18.5%, Okamura 13.0%, Hobonichi 9.8%
- 86ChildcareConsumer & Public Services・12 cos.8.6%Top: QLS Holdings 27.7%, AIAI Group 23.7%, Jp-Holdings 20.2%
- 87CafésRetail, Trading & Restaurants・4 cos.8.5%Top: KOMEDA Holdings 13.5%, Towa Food Service 10.1%, DOUTOR NICHIRES Holdings. 6.9%
- 88Food IngredientsFood & Agriculture・24 cos.8.4%Top: MiyoshiOil&FatCo. 32.0%, Ensuiko Sugar Refining 17.3%, Ifuji Sangyo 16.9%
- 89SemiconductorsElectronics・8 cos.8.4%Top: Kioxia Holdings 51.9%, MegaChips 16.6%, Minebea Mitsumi 12.1%
- 90Auto PartsAutomotive & Machinery・101 cos.8.3%Top: Kodama Chemical Industry 156.9%, Kasai Kogyo Co . 69.0%, Serendip Holdings 46.3%
- 91Oil Refining & FuelsResources, Energy & Materials・13 cos.8.3%Top: Nippon Seiro 202.0%, Nissin Shoji 18.2%, Cosmo Energy Holdings 12.3%
- 92Paints & InksResources, Energy & Materials・21 cos.8.2%Top: Chugoku Marine Paints 15.8%, Kansai Paint 13.3%, Aica Kogyo 12.4%
- 93CosmeticsHealthcare & Consumer Goods・21 cos.8.2%Top: Vitabrid Japan 29.8%, Lipps CO,. 20.3%, noevir holdings 15.7%
- 94Glass & CeramicsResources, Energy & Materials・15 cos.8.2%Top: Nitto Boseki 31.3%, Shinagawa Refra 29.9%, Maruwa 13.5%
- 95CRO & Clinical TestingHealthcare & Consumer Goods・11 cos.8.1%Top: WDB coco 15.0%, Shin Nippon Biomedical Laboratories 13.7%, Human Metabolome Technologies 10.7%
- 96Business Process OutsourcingFinance & Business Services・17 cos.8.1%Top: Shin Maint Holdings 31.0%, Relo Group 27.1%, CSS Holdings 21.7%
- 97Beverages & DairyFood & Agriculture・19 cos.8.1%Top: Premium Water Holdings 29.6%, Lifedrink Company 23.3%, Wel-Dish. 16.1%
- 98Cameras & OpticsElectronics・6 cos.8.0%Top: Techno Horizon 29.0%, Tamron 16.4%, Ai Holdings 11.0%
- 99Construction & Farm MachineryAutomotive & Machinery・16 cos.7.9%Top: Takeuchi MFG. 18.0%, Yamabiko 15.5%, Airman 14.2%
- 100Cement & ConcreteResources, Energy & Materials・15 cos.7.9%Top: Vertex 27.0%, Yamax 22.5%, mitanisekisanco. 17.8%
- 101Car AccessoriesAutomotive & Machinery・15 cos.7.8%Top: KeePer Technical Laboratory 45.6%, Frontier 18.5%, Central Automotive Products 17.1%
- 102Private RailwaysTransport & Logistics・17 cos.7.8%Top: Keifuku Electric Railroad 14.0%, Tobu Railway 11.6%, NiigataKotsu 10.0%
- 103Home AppliancesElectronics・7 cos.7.7%Top: ENDO Lighting 11.1%, Nihon Trim. 8.5%, Seiwa Electric MFG. 8.3%
- 104Processed FoodsFood & Agriculture・56 cos.7.7%Top: THE Nihon Seima 32.9%, Kameda Seika 32.0%, Kotobuki Spirits 28.7%
- 105ApparelRetail, Trading & Restaurants・50 cos.7.7%Top: Taka-Q 82.8%, Tential 60.5%, Human Made 32.8%
- 106ChemicalsResources, Energy & Materials・95 cos.7.6%Top: Unitika 56.9%, Nankai Chemical 29.5%, MEC Company 20.4%
- 107Toiletries & Household ProductsHealthcare & Consumer Goods・10 cos.7.6%Top: Kao 11.3%, LEC 9.5%, Lion 9.0%
- 108Meat ProcessingFood & Agriculture・11 cos.7.5%Top: Fukutome Meat Packers 23.8%, Marudai Food 15.8%, Axyz 13.0%
- 109Electronic ComponentsElectronics・49 cos.7.5%Top: Wacom 31.0%, Minato Holdings 30.7%, Dexerials 27.3%
- 110Food PackagingFood & Agriculture・14 cos.7.5%Top: shoei 21.1%, Fuji Seal International 16.1%, Toyo Seikan Group Holdings 10.2%
- 111Printers & Office EquipmentElectronics・11 cos.7.5%Top: Sharp 43.5%, Mimaki Engineering 20.6%, Amano 16.2%
- 112DefenseConsumer & Public Services・5 cos.7.1%Top: Ishikawa Seisakusho 13.6%, Tokyo Keiki 10.6%, Hosoya Pyro-Engineering 7.1%
- 113Home & Lifestyle ServicesConsumer & Public Services・10 cos.6.7%Top: Hakuyosha Company 21.3%, CaSy 17.1%, Arealink 13.2%
- 114TVs, Audio & Musical InstrumentsElectronics・9 cos.6.7%Top: Teac 15.2%, Foster Electric 9.7%, TOA 7.4%
- 115PrintingEntertainment, Media & Leisure・27 cos.6.6%Top: JAPAN Creative Platform Group 36.6%, Matsumoto 18.4%, Image Magic 17.1%
- 116Smartphones & Communications EquipmentElectronics・11 cos.6.5%Top: santec Holdings 33.5%, Seikoh Giken 21.7%, Oi Electric 18.0%
- 117Broadcasting & NewspapersEntertainment, Media & Leisure・11 cos.6.4%Top: TBS Holdings 10.0%, Townnews-Sha 8.9%, TV TOKYO Holdings 7.8%
- 118PharmaceuticalsHealthcare & Consumer Goods・31 cos.6.3%Top: Sumitomo Pharma 46.3%, Chugai 20.0%, ONO Pharmaceutical 16.0%
- 119Machine ToolsAutomotive & Machinery・29 cos.6.3%Top: Tsugami 23.4%, Seibu Electric & Machinery 13.9%, Dijet Industrial 11.0%
- 120Trucking & Parcel DeliveryTransport & Logistics・22 cos.6.3%Top: Higashi Holdings 18.4%, Zero 17.9%, Loginet Japan 13.2%
- 121Beauty SalonsConsumer & Public Services・4 cos.6.2%Top: AB&Company 10.2%, Artnature 7.2%, QB Net Holdings 5.3%
- 122Housing Equipment & Building MaterialsConstruction & Real Estate・47 cos.6.2%Top: Sanwa Holdings 22.8%, Nippon Aqua 17.1%, Konoshima Chemical 13.7%
- 123Shoes & BagsHealthcare & Consumer Goods・8 cos.6.2%Top: Abc-Mart 13.0%, Barcos 7.2%, WA 6.5%
- 124Paper & PulpResources, Energy & Materials・17 cos.6.0%Top: AWA Paper & Technological Company 18.3%, Superbag 17.6%, Dynapac 8.8%
- 125Home CentersRetail, Trading & Restaurants・9 cos.5.8%Top: Kohnan Shoji 7.3%, Joyful Honda 7.2%, DCM Holdings 6.5%
- 126Agriculture & SeedsFood & Agriculture・4 cos.5.8%Top: Hokuto 12.2%, Sakata Seed 8.3%, HOB 3.2%
- 127SteelResources, Energy & Materials・32 cos.5.4%Top: Tokyo Rope MFG. 14.9%, Yamato Kogyo 14.6%, Tokyo Tekko 13.8%
- 128BicyclesAutomotive & Machinery・4 cos.5.3%Top: Daiwa Cycle 16.0%, Asahi 5.7%, Shimano 4.9%
- 129Biotech & Regenerative MedicineHealthcare & Consumer Goods・4 cos.5.1%Top: PeptiDream 26.5%, StemCell Institute 5.8%, Kohjin Bio 4.4%
- 130Cloud & Data CentersIT, Telecom & Internet・4 cos.4.6%Top: GMO Pepabo 34.8%, Link-U Group 5.7%, BroadBand Tower 3.5%
- 131Textiles & FibersResources, Energy & Materials・13 cos.4.5%Top: Izawa Towel 18.1%, Omikenshi 17.5%, Nitto Seimo 9.1%
- 132AutomobilesAutomotive & Machinery・6 cos.3.7%Top: Suzuki 13.8%, Toyota 10.1%, Nissan Shatai 4.0%