1.840
Revenue¥M
1.147
1.226
1.320
1.437
1.548
1.656
1.765
1.869
2.053
2.254
1.899
7.81%
7.75%
12
26.89
Revenue growth%
21.16
21.21
20.84
21.30
22.18
20.23
20.53
20.96
18.42
16.91
7.36
20.23
20.90
60
14.79
Gross margin%
13.71
16.32
16.93
17.21
18.67
20.00
21.22
18.66
18.73
20.96
3.02
20.00
18.67
42
9.18
Operating margin%
17.58
18.38
18.18
20.62
20.05
21.12
19.74
19.39
20.74
18.22
23.13
19.74
19.56
30
4.32
Net margin%
26.93
24.33
24.35
24.47
22.85
21.80
20.39
20.66
22.54
23.13
4.38
21.80
22.99
7
36.64
P/E ratio (avg)x
34.38
37.81
39.04
44.68
44.05
50.56
60.66
63.31
67.24
69.83
14.08
63.31
47.62
43
10.08
EV/EBITx
32.73
30.36
32.76
33.03
30.99
30.54
32.19
30.05
28.76
28.62
16.92
30.05
30.76
71
9.05
FCF yield (avg)%
24.09
22.41
24.47
21.53
20.61
21.64
23.68
24.15
25.88
28.59
2.02
24.15
23.89
12
27.54
FCF margin%
9.55
10.47
12.78
15.21
14.88
16.47
18.39
18.97
16.44
18.42
29.87
18.39
15.83
36
1.747
FCF / Net incomex
1.291
1.214
1.387
1.332
1.530
1.757
1.935
2.060
1.948
1.931
1.073
1.935
1.643
59
18.77
ROIC%
12.80
14.11
16.87
17.51
17.84
15.94
13.42
12.09
14.92
12.27
23.25
13.42
14.51
29
18.96
Return on equity%
5.44
8.41
6.45
7.55
8.52
6.21
8.39
11.35
8.55
10.67
9.06
8.55
8.40
45
5.10
Return on assets%
14.51
16.21
14.42
16.62
14.74
17.56
16.62
17.33
17.20
19.99
2.13
17.33
16.62
11
0.01
EPS¥
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.01
(0.98%)
0.27%
—
13.16
EPS growth%
18.92
17.21
17.37
15.56
18.25
17.45
17.93
18.11
15.37
15.54
17.58
17.45
17.41
72
0.01
Bookvalue per sh¥
—
—
—
—
—
—
—
—
—
—
0.01
2.44%
3.77%
—
0.01
FCF per share¥
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
1.53%
2.96%
—
0.01
Dividend per sh¥
0.02
0.02
0.02
0.02
0.03
0.03
0.03
0.03
0.04
0.04
0.02
5.89%
6.75%
—
5.23
Div yield (avg)%
26.58
28.94
26.26
27.12
26.03
26.41
24.80
25.05
25.22
24.58
4.05
25.05
26.15
30
15.80
Payout ratio%
5.09
3.65
5.99
5.65
3.67
1.08
1.45
0.95
3.76
2.88
21.52
1.45
3.66
89
57.75
Shares (diluted)M
40.22
35.10
30.67
31.15
32.96
28.87
31.41
29.72
28.58
24.57
57.49
(5.71%)
(4.10%)
25
24.74
Buyback yield%
0.40
1.44
0.40
0.40
0.40
0.40
0.40
1.69
2.09
2.57
9.37
1.69
0.40
49
0.408
D/E ratiox
0.612
0.705
0.789
0.923
1.052
1.179
1.296
1.333
1.374
1.389
1.731
1.333
1.115
12
1.518
Enterprise value¥M
0.321
0.353
0.326
0.284
0.303
0.297
0.273
0.260
0.264
0.231
0.751
(5.32%)
(3.79%)
79
0.387
LT debt¥M
3.056
3.155
3.267
3.484
4.129
4.469
4.375
5.295
5.159
5.718
0.174
6.73%
6.46%
19
Revenue
¥2.254M
7.75%
1.00×
Cost of revenue
¥1.506M
7.60%
0.99×
Operating expenses
¥0.244M
7.64%
0.99×
Cash and investments
16.95%
Goodwill & intangibles
15.75%
Spread over hurdle
10.38%