1.466
Revenue¥B
1.796
1.807
1.873
1.896
1.907
1.940
2.039
2.058
2.071
2.154
1.566
2.46%
2.19%
34
16.06
Revenue growth%
15.73
17.78
18.81
20.56
17.67
19.01
17.38
19.19
20.59
22.28
11.71
19.19
18.91
57
26.23
Gross margin%
28.54
30.63
29.34
31.12
33.78
32.96
35.71
38.30
36.23
37.25
18.67
36.23
33.37
44
7.76
Operating margin%
14.18
12.60
14.37
15.88
15.19
17.89
16.41
14.83
14.79
14.04
11.10
14.83
14.81
30
5.72
Net margin%
31.57
32.09
30.14
30.22
33.06
30.11
27.37
26.98
27.91
29.88
29.85
27.91
30.12
73
17.03
P/E ratio (avg)x
5.988
6.806
6.803
6.695
7.701
8.731
9.462
9.715
9.322
8.671
23.82
9.322
8.186
89
36.52
EV/EBITx
39.66
37.40
33.24
32.64
35.78
33.71
31.22
28.05
27.66
30.18
6.923
30.18
32.94
54
20.01
FCF yield (avg)%
7.33
8.72
11.38
8.77
9.45
10.83
8.20
6.57
3.71
1.56
25.78
6.57
8.46
57
5.32
FCF margin%
18.45
16.77
15.31
13.07
12.61
10.21
7.51
9.83
12.83
11.03
18.77
10.21
12.72
13
0.922
FCF / Net incomex
1.254
1.210
1.178
1.316
1.391
1.457
1.396
1.460
1.498
1.646
0.900
1.460
1.394
28
14.07
ROIC%
4.03
5.11
5.47
4.00
6.02
6.83
4.20
6.81
5.18
7.92
11.54
6.81
5.33
23
8.72
Return on equity%
9.50
11.83
14.42
13.43
12.44
13.08
16.02
13.29
14.09
15.23
17.85
14.09
13.36
63
11.34
Return on assets%
10.82
13.15
13.71
12.96
15.04
15.66
16.53
14.08
12.28
14.39
27.12
14.39
13.89
86
4.77
EPS¥
6.55
6.22
5.81
6.00
6.55
6.79
6.98
6.57
6.98
7.98
5.06
4.03%
2.31%
—
9.63
EPS growth%
22.16
21.22
19.26
21.48
23.00
25.59
25.63
22.78
24.15
25.61
6.55
25.59
22.89
17
12.18
Bookvalue per sh¥
3.56
3.43
2.97
2.80
2.70
2.45
2.13
1.95
1.91
1.72
7.57
(8.65%)
(6.86%)
—
2.52
FCF per share¥
10.51
10.19
11.03
11.59
13.83
16.18
17.13
19.73
20.80
20.28
11.05
7.96%
7.75%
—
4.11
Dividend per sh¥
10.70
10.66
10.86
10.96
10.10
11.39
11.49
11.10
12.67
14.23
4.66
7.11%
2.75%
—
6.09
Div yield (avg)%
0.40
0.40
0.40
0.40
0.40
0.40
1.04
2.57
3.89
5.40
25.87
2.57
0.40
15
23.29
Payout ratio%
24.29
26.75
28.44
28.35
26.42
27.13
27.05
24.17
22.72
22.80
23.91
24.17
26.58
41
208.7
Shares (diluted)M
258.0
265.6
270.7
284.3
307.4
320.6
324.3
306.2
297.8
310.3
214.0
0.19%
1.41%
16
27.02
Buyback yield%
29.31
28.03
29.46
27.71
28.56
26.29
28.64
27.81
25.76
26.75
8.05
26.75
27.92
80
1.549
D/E ratiox
1.576
1.625
1.602
1.450
1.426
1.405
1.287
1.361
1.400
1.265
0.513
1.361
1.415
8
1.949
Enterprise value¥B
2.682
2.750
2.742
2.805
2.980
3.218
3.297
3.488
3.515
3.718
1.246
4.52%
3.85%
46
0.682
LT debt¥B
0.987
1.043
1.101
1.114
1.148
1.107
1.185
1.282
1.404
1.638
2.006
7.36%
6.41%
41
Revenue
¥2.154B
2.19%
1.00×
Cost of revenue
¥1.313B
2.07%
0.99×
Operating expenses
¥243.9M
2.43%
1.02×
Spread over hurdle
(3.10%)