Equities
ROE pressure stems from heightened valuations of overseas subsidiaries
General trading corporations such as Itochu and Mitsui & Co. experienced pronounced translation adjustments on overseas investments—including the N‑Yandi iron mine in Australia—to boost shareholders’ equity. (Itochu/Mitsui & Co.)
RISA ANDO
September 8, 2026 03:12 JST
Tokyo — Although many Japanese listed firms posted record profit figures, return on equity deteriorated in the fiscal year ended March because a weakening yen increased the market value of overseas subsidiaries, thereby expanding shareholders’ equity bases.
Also Read
- Trump says Canadian aviation giant Bombardier can no longer sell aircraft in the United States
- ‘What we see right now is that Putin has zero interest in ending the war’, Ukrainian MP Yasko says
- ‘Polarised Brazil’: Lula remains a ‘strong candidate’ despite the challenges of incumbency
- Tunisians tell the story of their summer of shortages